Property Management in Newton, MA

Top 10 Property Management Companies

  • Garabedian Group
    COMPANY

    License #: ?

    Garabedian Group

    No Reviews Found Show all


    Based on 1 Reviews Show all


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

    11
    BASIC INFO

    617-714-1439

    233 Needham Street, Ste. 300, Newton, MA 02464

    Areas Served
    Newton

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Preservation Properties
    COMPANY

    License #: 6​5​3​2

    Preservation Properties

    Based on 5 Reviews Show all


    Based on 21 Reviews Show all


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

    1313
    BASIC INFO

    617-527-3700

    439 Newtonville Ave, Newton, MA 02460

    Areas Served
    Newton

    ? BBB: N/A Since 1993

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Myer Dana and Sons
    COMPANY

    License #: ?

    Myer Dana and Sons

    Based on 3 Reviews Show all


    No Reviews Found


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

    33
    BASIC INFO

    617-928-1700

    1340 Centre St #101 Newton, MA 02459

    Areas Served
    Newton

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Robert Marcus Real Estate
    COMPANY

    License #: 5​3​5​2

    Robert Marcus Real Estate

    Based on 3 Reviews Show all


    No Reviews Found


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

    33
    BASIC INFO

    617-277-1116

    345 Boylston St #201, Newton, MA 02459

    Areas Served
    Newton

    ? BBB: N/A Since 1984

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Evergreen Harvard Group
    COMPANY

    License #: ?

    Evergreen Harvard Group

    Based on 5 Reviews Show all


    Based on 8 Reviews Show all


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

    77
    BASIC INFO

    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

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Allen Associates Properties
    COMPANY

    License #: ?

    Allen Associates Properties

    No Reviews Found


    Based on 1 Reviews Show all


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

    11
    BASIC INFO

    617-332-3800

    1320 Centre St # 403, Newton, MA 02459

    Areas Served
    Newton

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Arin Realty
    COMPANY

    License #: ?

    Arin Realty

    No Reviews Found Show all


    Based on 2 Reviews Show all


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

    22
    BASIC INFO

    617-332-8886

    17 Lincoln St # 1, Newton, MA 02461

    Areas Served
    Newton

    ? BBB: N/A Since 1982

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Meredith Management Corporation
    COMPANY

    License #: 2​5​9​9

    Meredith Management Corporation

    No Reviews Found Show all


    No Reviews Found

    BASIC INFO

    617 -965-2200

    1 Bridge St #300, Newton, MA 02458

    Areas Served
    Newton

    1-10 employees BBB: N/A Since 1951

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • Normandy Real Estate Management
    COMPANY

    License #: ?

    Normandy Real Estate Management

    No Reviews Found


    No Reviews Found

    BASIC INFO

    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

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • The RMR Group
    COMPANY

    License #: ?

    The RMR Group

    No Reviews Found


    No Reviews Found

    BASIC INFO

    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

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

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.