Property Management
in Newton, MA

Top 10 Property Management Companies

Companies who earn the iPropertyManagement seal of approval have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

Massachusetts

License #: ?

Garabedian Group

#1 best rated of 10 Newton, MA property management companies

Based on 1 Review Show all

Based on 1 Reviews Show all

617-714-1439
233 Needham Street, Ste. 300, Newton, MA 02464
Areas Served Newton
? BBB: N/A
Since ?
Residential
Commercial
Hoa

?

License #: ?

The RMR Group

#2 best rated of 10 Newton, MA property management companies

Based on 5+ Reviews Show all

No Reviews Found

617-796-8390
255 Washington St, Newton, MA 02458
Areas Served Newton, Phoenix, AZ, Los Angeles, CA, Sacramento, CA, Newark, CA, San Diego, CA, Denver, CO, Atlanta, GA, Honolulu, HI , Chicago, IL, ndianapolis, IN, Kansas City, KS , Baltimore, MD, Rockville, MD,Silver Spring, MD, Minneapolis, MN, Kansas City, MO, Albuquerque, NM, New York, NY, Columbia, SC, Austin, TX, Fairfax, VA , Richmond, VA, Seattle, WA
201-500 employees BBB: N/A
Since 1986
Residential
Commercial
Hoa

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License #: 6​5​3​2

Preservation Properties

#3 best rated of 10 Newton, MA property management companies

Based on 5+ Reviews Show all

Based on 23 Reviews Show all

617-527-3700
439 Newtonville Ave, Newton, MA 02460
Areas Served Newton
? BBB: N/A
Since 1993
Residential
Commercial
Hoa

?

License #: ?

Myer Dana and Sons

#4 best rated of 10 Newton, MA property management companies

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No Reviews Found

617-928-1700
1340 Centre St #101 Newton, MA 02459
Areas Served Newton
? BBB: N/A
Since ?
Residential
Commercial
Hoa

?

License #: 5​3​5​2

Robert Marcus Real Estate

#5 best rated of 10 Newton, MA property management companies

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No Reviews Found

617-277-1116
345 Boylston St #201, Newton, MA 02459
Areas Served Newton
? BBB: N/A
Since 1984
Residential
Commercial
Hoa

?

License #: ?

Evergreen Harvard Group

#6 best rated of 10 Newton, MA property management companies

Based on 2 Reviews Show all

Based on 13 Reviews Show all

978-258-2927
79 Oak St, Newton, MA 02464
Areas Served Newton, Bedford, NH, North Andover, MA, Stratham, NH, Gilford, NH
? BBB: N/A
Since 1985
Residential
Commercial
Hoa

?

License #: ?

Allen Associates Properties

#7 best rated of 10 Newton, MA property management companies

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617-332-3800
1320 Centre St # 403, Newton, MA 02459
Areas Served Newton
? BBB: N/A
Since ?
Residential
Commercial
Hoa

?

License #: ?

Arin Realty

#8 best rated of 10 Newton, MA property management companies

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617-332-8886
17 Lincoln St # 1, Newton, MA 02461
Areas Served Newton
? BBB: N/A
Since 1982
Residential
Commercial
Hoa

?

License #: 2​5​9​9

Meredith Management Corporation

#9 best rated of 10 Newton, MA property management companies

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No Reviews Found

617 -965-2200
1 Bridge St #300, Newton, MA 02458
Areas Served Newton
1-10 employees BBB: N/A
Since 1951
Residential
Commercial
Hoa

?

License #: ?

Normandy Real Estate Management

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No Reviews Found

617-244-9720
57 Wells Ave # 1, Newton, MA 02459
Areas Served Newton, Morristown, NJ , New York, NY, Chantilly, VA, Boston, MA, White Plains, NY, Washington DC
51-200 employees BBB: N/A
Since 2002
Residential
Commercial
Hoa

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Newton vs Nearby Cities

Newton commands some of the highest real estate prices on the Massachusetts Atlantic coastline. The city’s median home value is over $950,000, and the median listing price is often well over $1 million. Compare that to nearby Boston, which has a median home value around $550,000 and a median listing price over $700,000. In Quincy and Framingham, the median listing prices are much closer to $500,000. If you look for homes further inland, you can find median listing prices under $300,000. Renters can expect to pay a median rent price of around $3,000 per month in the Newton area.

Newton Property Managers

Real estate investors are often more comfortable purchasing rental properties than managing them. They hire property managers to interact with tenants, keep all rental units full and oversee property maintenance. Some homeowners may also hire property managers when they want to rent out their home rather than selling.

Newton Property Management Fees

Property managers often collect rent from tenants and then take around 10 percent of the rent as their management fee. This fee can go as low as six percent or as high as 14 percent, depending on the demands of the property. There are additional fees that property owners may have to pay.

Massachusetts Landlord/Tenant Laws

  • When asking for a security deposit, Massachusetts landlords are limited to the equivalent of one month’s rent.
  • Once a tenant moves out of a rental unit and returns the keys, the landlord may take up to one month to return the tenant’s security deposit.
  • Landlords are required to give new tenants a detailed receipt for their security deposit.