Property Management
in Phoenix, AZ

Top 23 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.

Arizona

License #: CO524350000

Ashford Management Services

#1 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 10 Reviews Show all

602-863-4474
14001 N 7th St #D107-108, Phoenix, AZ 85022
Areas Served Phoenix
1-10 employees BBB: A+
Since 1997
Residential
Commercial
Hoa
  • Specializes in property management of single-family rental homes, condominiums, and townhouses in the Metro Phoenix area.
  • Appfolio Property Manager software is used to create the web portal used by tenants to pay rent and request maintenance and for owners to get information about their properties.
  • Property management services include a free rental rate analysis and recommendation.
  • For vacancies, marketing includes optional signage, advertisements on more than 100 websites, and a listing created with a photo set.
  • There is no fee while a home is vacant.
  • Licensed real estate listing agents accompany every showing.
  • Leasing services include tenant screening, lease documents, and lease execution.
  • Offers a lease-up guarantee to re-rent the property at no additional cost if a tenant moves out before six months.
  • Property management includes annual interior inspections and regular exterior inspections.
  • Prepares and serves legal notices.
  • 24-hour maintenance available for emergencies and uses third-party vendors, repair people, and legal services, at discounted rates.
  • Collects, deposits, and disburses as appropriate, all rents, security deposits, and other amounts.
  • Pays all non-recurring and recurring monthly bills.
  • Provides monthly operating statements.

License #: ?

Active Renter Property Management

#2 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 41 Reviews Show all

602-635-1063
1428 E Northern Ave, Phoenix, AZ 85020
Areas Served Phoenix
11-50 employees BBB: A+
Since 2011
Residential
Commercial
Hoa
  • Specializes in property management of rental homes.
  • Serves all the communities in Maricopa County.
  • Offers a lease-only plan, a standard property management plan, and a premium management plan.
  • The fee for the lease-only plan is one month’s rent. This plan includes advertising, showings, applicant screening, previous rental history verification, negotiation of the lease, and coordination with the owner.
  • The fee for the standard management plan is 7.9% of the monthly collected rent. The standard plan services include 24-hour emergency response, rent collection, move-in/move-out inspections, maintenance management, monthly tax filings, state/local license compliance, eviction processing, and a six-month tenant guarantee.
  • The fee for the premium management plan is 11.9% of the monthly collected rent. This plan includes everything in the standard plan plus bill paying, annual inspections, and eviction expenses (up to $750).

License #: ?

Arizona Property Management and Investments

#3 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

888-777-6664
7025 N 56th Ave, Glendale, AZ 85301
Areas Served Phoenix,Mesa, AZ,
? BBB: A+
Since 2005
Residential
Commercial
Hoa
  • Specializes in single-family homes, condominiums, townhouses, multifamily properties of two to 100+ units.
  • Offers lease-only services and full-service property management.
  • Full-service property management includes marketing, advertising, showings, tenant screening (credit history, criminal, employment, and rental history), and the preparation of lease agreements and legal notices.
  • Conduct inspections at the beginning, during, and at the end of each tenancy.
  • Collects rent, late fees, and HOA fines.
  • Handles the collection and distribution of rental tax.
  • Payment of HOA fees, property taxes, and utility bills.
  • Ensures compliance with licensing, county laws, and HOA registration requirements.
  • Offers direct deposit of net rental income into the owner’s bank account.
  • Provides the owner with detailed monthly statements.
  • Supervises maintenance and repairs done by trusted third-party vendors.
  • Handles any insurance claims.
  • Issues notices to tenants and handles evictions when necessary.
  • Offers an eviction-protection package.

License #: ?

Fort Lowell Realty and Property Management

#4 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

602-441-3492
3020 E Camelback Rd #255, Phoenix, AZ 85016
Areas Served Phoenix
? BBB: A-
Since 1992
Residential
Commercial
Hoa
  • Specializes in residential rental properties that include single-family homes, duplexes, and small apartment complexes.
  • Property management services include marketing, tenant screening, 24/7 availability for maintenance problems, property inspections, accounting, rent collection, bill paying, payment options for owners (direct deposit or by U.S. mail), and online access to the owner’s management account.

License #: ?

Opulent Real Estate Group LLC - Phoenix Property Management

#5 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

480-588-8356
5320 N 16th St #101, Phoenix, AZ 85016
Areas Served Phoenix
? BBB: A+
Since 2005
Residential
Commercial
Hoa
  • Specializes in residential rental properties that include single-family homes, condominiums, townhouses, and multifamily apartment buildings.
  • For rental homes, condos, and townhouses, there is a $499 flat-rate leasing fee and a $69 flat-rate monthly management fee.
  • For multifamily properties, there is a $175 leasing fee and a 5.99% monthly property management fee taken from the collected rent.
  • The owner must fund a $300 reserve account to use for making repairs.
  • Advertising services include placing ads in publications, listing on the MLS, and postings on rental websites.
  • Leasing services include showing prospective tenants vacant units and handling negotiations. Tenant screening includes a credit check, previous rental history, job/income verification, and investigation of references.
  • Disbursements of net proceeds from gross rent are sent to the owner on or about the 10th of the month via direct deposit. Monthly accounting reports are provided to the owner.
  • Handles maintenance, repairs, collection and filing for sales taxes, and filing for the proper property tax classification.
  • Handles tenant relations, prepares and serves delinquent notices, and handles evictions as necessary.

License #: LC584863000

GoRenter

#6 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

602-512-8300
11024 N 28th Dr #145, Phoenix, AZ 85029
Areas Served Phoenix
? BBB: A+
Since 1997
Residential
Commercial
Hoa
  • Specializes in rental homes, townhomes, and condominiums.
  • Property management services include experienced realtors to conduct showings, a 90-day tenant guarantee, a comprehensive income valuation audit, twice-monthly income distributions, marketing, tenant screening, property inspections, and in-house maintenance team providing 24/7 service, and online portals for owners and tenants.

License #: ?

360 Property Management

#7 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 5 Reviews Show all

602-863-3600
668 N 44th St #256, Phoenix, AZ 85008
Areas Served Phoenix
? BBB: A+
Since 2006
Residential
Commercial
Hoa
  • Specializes in community and homeowners association management.
  • Serves the communities of Phoenix, Chandler, Fountain Hills, Gilbert, Glendale, Goodyear, Mesa, New River, Peoria, Scottsdale, Sun City, Sun City West, Surprise, and Tempe.
  • Administration services include maintaining the homeowner database, 24/7 emergency support, coordinating bids for repairs/services from any third-party vendors, Mailing dues statements, CC&R violation letters, newsletters, ballots, meeting reminders, and all other association documents, attending and coordinating all meetings, and maintaining association corporate records.
  • Accounting services include the collection of assessments and other income that is due to the community, preparing federal tax filings, local filings, and state filings.
  • Prepares information for year-end reports.
  • Maintains association operating and reserve escrow accounts.
  • Pays all vendor invoices, insurance premiums, utilities, and any other bills.
  • Maintains homeowner payment outlets such as bank websites, lockbox files, and Paylease
  • Prepares monthly financial reports including vendor paid invoices if required.
  • Posts and monitors any late charges, special assessments, and CC&R fines.
  • Works with the Board and homeowners on any concerns or questions they have regarding accounting.
  • Collection services include an in-house collection team that prepares collection reports.
  • Resale and disclosure services include informing potential buyers and new homeowners of important community information per Arizona revised statutes, working with the selling team, title company, and buying team for each transaction, and distributing important documents to new homeowners that include the CC&R’s, a welcome package, any current forms required by the HOA, current policies in effect, and what to expect as a new homeowner.
  • Managing community files includes distributing a disclosure package not limited to CC&R’s, financial statements and any current HOA policies to potential/prospective homebuyers in escrow.
  • Stores all HOA files electronically for organized access. All correspondence sent to the homeowners is stored.
  • Homeowners and board members have access to account information, forms, and community documents on the association’s website. The website allows homeowners to respond to letters about CC&R violations. The website shows events in the neighborhood, such as meetings.
  • Board members have online access to financials, meeting minutes, information, and any other documents.
  • Maintenance services include in-house maintenance, landscaping, and pool services.
  • The property manager supervises third-party vendors, conducts weekly on-site inspections, handles insurance claims, and architectural requests.

License #: ?

Golden Valley Property Management

#8 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 48 Reviews Show all

602-294-0999
608 E Missouri Ave, Phoenix, AZ 85012
Areas Served Phoenix
11-50 employees BBB: N/A
Since 2003
Residential
Commercial
Hoa
  • Offers management for homeowners associations.
  • Association management includes accounting, reports, vendor management, and online access to documents, minutes of the meetings, and accounting information.
  • Administration services include Board meeting management, guidance and assistance in the development of policies/procedures, organizing and attending the annual meeting of owners, including the preparation of notices, agendas, and other necessary documents.
  • Stores records of the affairs of the association and the Board.
  • Maintains owners’ accounts and manages any necessary correspondence.
  • Assists in resolving individual owner requests and inquiries.
  • Financial management services include the preparation of annual budgets, accounting for all assessments and charges due by or received from owners, maintaining checking, savings and other investment accounts, preparing demand letters and lien notices or lien releases for delinquent owners, making disbursements from assessments collected for normal recurring expenses, and furnishes a monthly financial statement prepared on a cash basis.
  • Prepares and files the Arizona Corporate Commission annual report, federal and state corporate tax returns.

License #: LC629351000

Paramount Property Services

#9 best rated of 23 Phoenix, AZ property management companies

Based on 1 Review Show all

Based on 11 Reviews Show all

480-893-2990
15215 S 48th St #130, Phoenix, AZ 85044
Areas Served Phoenix
? BBB: N/A
Since 2015
Residential
Commercial
Hoa
  • Specializes in rental homes.
  • Property management services include property analysis and rent evaluation, advertising, marketing, leasing, rent collection, and disbursements to the owner.
  • Conducts move-in/move-out inspections.
  • Coordinates and supervises repairs and maintenance with a 24-hour emergency response system.
  • Accounting services include maintaining applicable tax licenses, monthly rental tax collection/payment, monthly rental tax returns, and CPA-directed year-end financial reports for taxes.
  • Handles HOA communications and maintains compliance with the CC&Rs of the HOA if applicable.
  • Conducts annual rental evaluations and rent increases.
  • Serves legal notices.
  • Handles late-rent collection and evictions if necessary.

License #: ?

McMath Realty Property Management

#10 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 31 Reviews Show all

602-340-1222
4545 E Shea Blvd # 200, Phoenix, AZ 85028
Areas Served Phoenix
1-10 employees BBB: A+
Since 1997
Residential
Commercial
Hoa
  • Specializes in rental family homes in the communities of Phoenix, Chandler, Gilbert, Glendale, Mesa, and Scottsdale.
  • Offers services on a separately priced basis, which can be selected by the owner depending on the need.
  • The tenant-placement-only service fee is $800. This service includes listing the property on Rently.com, all major rental sites, and the multiple listing service.
  • A lockbox placed on the property allows self-service showings by pre-screened applications.
  • The rent collection service fee is $74.50 per month. This service authorizes the agent to collect rents due and give receipts for rent payments. Rent is deposited in a federally insured trust account until the payment has cleared the bank. Rent, minus the agent fees and expenses, is sent by direct deposit to the owner’s bank account.
  • Lease renewals are $120.
  • Maintenance coordination is $10 per maintenance issue.
  • Periodic inspections, which include HVAC filter changes, may be performed to ensure the home is being cared for by the tenant and to note any wear and tear issues that might be occurring that need attention. The fee for this service is $59.99 per inspection plus the cost of the filter.
  • The fee for a move-out inspection and security deposit reconciliation is $100. The agent conducts a move-out inspection to produce a written report along with photos of any damage. The agent will charge the tenant’s deposits for the reimbursement of repair costs and creates the security deposit reconciliation report and refund check, if any, to give to the tenant with a copy sent to the owner.
  • The eviction processing is a fee of $200 for providing relevant information to the owner’s attorney and coordinating the eviction process including making court appearances if necessary.

License #: CO104192000

Total Property Management

#11 best rated of 23 Phoenix, AZ property management companies

Based on 3 Reviews Show all

Based on 6 Reviews Show all

602-952-5581
4020 N 20th St Suite 310, Phoenix, AZ 85016
Areas Served Phoenix, Irvine, CA
11-50 employees BBB: N/A
Since 1980
Residential
Commercial
Hoa
  • Specializes in HOA and community association management.
  • Handles daily operations with routine maintenance and a 24-hour emergency response system.
  • Administration services include monthly board meetings, annual meetings of the membership, budget proposals, and conduct ongoing evaluations of contractors and service providers.
  • Community operations are thoroughly documented, including member correspondence, communications, maintenance requests, architectural applications, property site visits, rules violations, comprehensive director/management reports, and transcriptions of corporate minutes.

License #: CO108193001

Bennett Property Management

#12 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 77 Reviews Show all

480-969-1818
2432 W Peoria Ave #1123, Phoenix, AZ 85029
Areas Served Phoenix, Mesa, AZ
? BBB: A+
Since 1972
Residential
Commercial
Hoa
  • Specializes in residential rental properties that include single-family rental homes, townhouses, condos, and apartments.
  • Offers lease-only services and full-service property management.
  • Provides an owner’s web portal using rent manager software.

License #: CO001065000

Apartment Hunters

#13 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 35 Reviews Show all

623-205-5996
3404 W Cheryl Dr #158, Phoenix, AZ 85051
Areas Served Phoenix,Mesa,AZ
? BBB: N/A
Since 1985
Residential
Commercial
Hoa
  • Specializes in rental homes.
  • Manages over 2,700 homes.
  • Serves the communities of Anthem, Apache Junction, Arizona City, Avondale, Buckeye, Carefree, Casa Grande, Cave Creek, Chandler, Congress, Coolidge, El Mirage, Flagstaff, Florence, Fountain Hills, Gilbert, Glendale, Gold Canyon, Goodyear, Guadalupe, Higley, Laveen, Litchfield Park, Maricopa, Mesa, New River, Paradise Valley, Peoria, Phoenix, Pima County, Queen Creek, San Tan Valley, Scottsdale, Sun City, Sun City West, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, and Youngtown.
  • Property management services include a rent analysis, marketing, tenant screening, leasing execution, maintenance, accounting, and online web portals.
  • The rental analysis includes the evaluation of the location, size, amenities, property condition, and comparables.
  • Marketing services include a listing on the MLS, newspaper ads, signs, and postings on online rental websites.
  • Tenant screening includes credit history, income verification, and background checks.
  • Leasing services include the preparation of a standard form lease agreement and signing.
  • Maintenance services include emergency repairs and working with qualified third-party vendors.
  • Full accounting services provide bill paying, monthly statements, and year-end financial reports that are available for review on the owner’s web portal.

License #: ?

Impero Property Management LLC

#14 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

602-635-9790
530 East McDowell Rd, Suite 107 – 285, Phoenix, AZ 85004
Areas Served Phoenix
? BBB: N/A
Since 2008
Residential
Commercial
Hoa
  • Specializes in property management services for single-family homes, condominiums, lofts, townhomes, and small- to medium-sized apartment communities.
  • Property management includes coordinating work to get a unit ready for rental, marketing of vacant units, leasing and maintaining properties, collecting rents, screening potential tenants, paying bills, filing and paying city privilege taxes, and providing monthly reporting with year-end financial statements.
  • Requires the owner to fund a $300 reserve account for the costs of repairs.
  • The account set up fee is $150.
  • The advertising fee is limited to $100 per month.
  • The leasing fee is 4% of the total gross lease with a minimum of $300.
  • The lease renewals fee is $100.
  • There is also a monthly fee that is a percentage of the monthly collected rent.

License #: ?

Biltmore Group, LLC & Property Management

#15 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

602-680-7388
2942 N 24th St #114 | Phoenix AZ 85016
Areas Served Phoenix
? BBB: N/A
Since 1970
Residential
Commercial
Hoa
  • Specializes in rental homes and apartments.
  • Offers full-service property management.
  • The leasing fee is one-third of one month’s rent, with a minimum of $300.
  • The monthly management fee is 10% of the gross collected rent with a $65 minimum.
  • Charges $65 per month for a home or $50 for an apartment while it is vacant and being marketed.
  • There is a $100 startup fee.
  • The owner must pace $400 in a reserve account for repairs.
  • The lease renewal fee is $75.

License #: CO514200001

MEB Management Services

#16 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 41 Reviews Show all

602-279-5515
1215 E Missouri Ave, Phoenix, AZ 85014
Areas Served Phoenix, Tucson, AZ
501-1000 employees BBB: N/A
Since 1998
Residential
Commercial
Hoa
  • Specializes in residential and commercial property management for properties located in Arizona, New Mexico, Texas, and Tennessee.
  • Manages new developments, student housing, repositioning efforts, building lease-up, value-add properties, tax credit financed projects, and affordable housing.
  • Manages over 450 multifamily units with over 100,000 rental units.
  • Manages over 1.5 million square feet of commercial properties.
  • Offers planning, reviewing, budgeting, and consulting for multifamily or commercial properties.
  • Repositioning services include the management of value-added projects and customized asset management strategies.

License #: ?

Osselaer Professional Real Estate

#17 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

No Reviews Found

602-277-4418
532 E Maryland Ave # F, Phoenix, AZ 85012
Areas Served Phoenix, Tucson,AZ,Flagstaff, AZ
? BBB: A+
Since 1965
Residential
Commercial
Hoa
  • Specializes in the management of planned communities, homeowners associations, condominiums, and townhouses.
  • Property management services include preparation of monthly reports, financial packages for board member distribution, full calendar scheduling for board member and membership meetings, weekly supervision of on-site vendors and maintenance contractors, on-site inspections, violations and CC&R compliance, processing of architectural requests, preparation and filing of Arizona Corporation Commission documents, and insurance management
  • Financial services include monthly bank account reconciliations, budget preparation, and year-end fiscal reports.
  • Administration services include 24-hour answering service, mailing services (does not include postage), copies, faxes, monthly legal advice from experienced attorneys at no additional cost to the association, document storage, and escrow services.

License #: CO000454000

City Property Management

#18 best rated of 23 Phoenix, AZ property management companies

Based on 5+ Reviews Show all

Based on 1 Reviews Show all

602-437-4777
4645 E Cotton Gin Loop, Phoenix, AZ 85040
Areas Served Phoenix
201-500 employees BBB: A+
Since 1979
Residential
Commercial
Hoa
  • Specializes in HOA management.
  • Serves Phoenix, Avondale, Buckeye, Casa Grande, Chandler, Flagstaff, Fountain Hills, Gilbert, Glendale, Goodyear, Laveen, Maricopa, Mesa, Page, Paradise Valley, Peoria, Queen Creek, Safford, Scottsdale, Surprise, Tempe, Tucson, and Yuma.
  • Manages over 300 communities.

License #: ?

Paramount Property Management & Realty LLC

#19 best rated of 23 Phoenix, AZ property management companies

Based on 1 Review Show all

No Reviews Found

623-688-5844
2432 W. Peoria Ave. #1044 Phoenix, AZ 85029
Areas Served Phoenix
1-10 employees BBB: N/A
Since 2010
Residential
Commercial
Hoa
  • Specializes in the management of single-family homes, condominiums, townhomes, multifamily properties, and commercial spaces.
  • Offers a leasing-only service, full-service management, multifamily management, and commercial property management.
  • The lease-only service is offered for a fee of 7% of the gross lease. This service includes marketing, advertising, tenant screening, tenant selection, lease preparation, rent and fees collection, move-in orientation, and keys given to the tenant.
  • The full-service management includes the leasing services for a leasing fee of one-half month’s rent and then the management fee is $89 per month thereafter.
  • The lease renewal fee $145. The annual sales tax preparation fee is $60. The monthly bank/mail/technology fee is $17.89 monthly. For home warranty repairs, the coordination fee is $35 per repair.
  • Full-service management includes a free annual inspection, and online owner’s portal, a 24/7 emergency line, online rent payments for tenants, direct deposit for the owner’s net monthly proceeds, pet screening, compliance with HUD/ESA requirements, preferred vendor discounts, marketing of vacancies, applicant screening, tenant placement, move-out condition reports, annual 1099 forms, and owner’s statements.
  • Multifamily property management of buildings with five or more units has a fee of 4% to 6% per month of the gross rent collected depending on the size of the building.
  • The rates for commercial property management are quoted on a case-by-case basis.

License #: ?

Associated Property Management, Inc.

No Reviews Found Show all

No Reviews Found

480-941-1077
3260 E Indian School Rd, Phoenix, AZ 85018
Areas Served Phoenix
11-50 employees BBB: N/A
Since 1984
Residential
Commercial
Hoa
  • Offers a bookkeeping-only service and full-service association management for managed communities.
  • The monthly charges for the bookkeeping-only service are for one-100 units $499, 101-300 units $599, 301-400 $699, and for over 401 units special pricing.
  • The bookkeeping-only service includes accounts receivable, accounts payable, general ledger, accounting on accrual or cash basis or combination, customized reports including financial reports, owner histories, vendor histories, rosters, sign-in sheets, and owner directories.
  • Handles insurance renewals, contract renewals, and a tracking tickler file.
  • Creates an online portal for use by association members and Board members.
  • Full-service association management includes CAAM certified Community Managers, work order report system, handling all day-to-day operations, maintenance, training, and community support.

License #: CO533019000

CR Property Services, Inc.

No Reviews Found Show all

No Reviews Found

602-765-7575
2990 E Northern Ave #100, Phoenix, AZ 85028
Areas Served Phoenix
11-50 employees BBB: A+
Since 2002
Residential
Commercial
Hoa
  • Manages residential, multifamily, commercial properties, and HOAs.
  • Offers full-service property management with tenant online rent payment, owner distributions through direct deposits, a work order tracking system, and periodic inspections to ensure compliance with lease terms.

License #: ?

H & H Management Inc

No Reviews Found Show all

No Reviews Found

602-841-2300
Northern Plaza, 3581 W Northern Ave # 12, Phoenix, AZ 85051
Areas Served Phoenix
? BBB: N/A
Since 1978
Residential
Commercial
Hoa
  • Specializes in single-family rental homes and townhomes in the greater Phoenix metropolitan area.
  • Manages about 500 homes.
  • Serves the communities of Phoenix, Anthem, Avondale, Buckeye, El Mirage, Goodyear, Glendale, Laveen, Paradise Valley, Peoria, Surprise, Tempe, Tolleson, and Youngtown.
  • The leasing fee is one-half month’s rent on a minimum of a one-year lease.
  • Full-service management is offered for a percentage of the monthly collected rent and includes advertising, lease execution, monthly reports, inspections, accounting, and supervision of maintenance provided by third-party service providers. No surcharge is added to the repair bills.

License #: CO549608000

Lincoln Property Co

No Reviews Found Show all

No Reviews Found

602-912-8888
3131 East Camelback Road, Suite 318, Phoenix, AZ 85016,
Areas Served Phoenix
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in office, industrial, and retail investment property.
  • Manages over 10 million square feet.
  • Property management services include tenant relations, business planning, accounting, reporting, lease administration, contract administration, project management, personnel training, quality assurance, engineering, preventive maintenance, energy conservation, and sustainability efforts.

Phoenix vs. Nearby Cities

Realtor predicted that the Phoenix metro area would outperform cities across the country in 2017 with dramatic increases in sales and a healthy real estate market boasting low foreclosure inventory. This south-central Arizona city typically features home values around $200,000, but that figure is on an upward swing.

The median listing price in Phoenix tends to stay well below $300,000, which is right in the middle of prices seen in many surrounding cities. For instance, the median listing price for homes in Tucson tends to stay below $200,000, representing a more affordable housing market than what is available in Phoenix. Then you have much higher prices in Flagstaff, where the median sales price has jumped from under $200,000 in 2000 to more than $300,000 in 2015.

Phoenix Property Managers

There are many reasons you may need a little help managing your rental properties. Perhaps you don’t live close enough to personally collect rent, screen tenants and initiate repairs. Maybe you just don’t want to deal with the day-to-day operations. Either way, Phoenix property managers are ready to protect your investment and lighten your load.

Phoenix Property Management Fees

Property management companies in Phoenix will charge a basic management fee that can go up to 12 percent of the rent collected. You may see fees even higher, depending on the exact service delivered. Some management companies will also charge leasing fees to cover their time spent finding tenants for your property. You should also ask about vacancy fees, set-up fees and other additional charges.

Arizona Landlord/Tenant Laws

  • Nonrefundable fees must be clearly stated as such in the rental agreement.
  • Landlords are allowed to charge a security deposit and prepaid rent, but the total amount charged cannot go beyond 1.5 times the monthly rent.
  • Mobile home rentals require a five-day grace period for rent payments, but no grace period is required for other residential properties.