The 8 Best Property Management Companies in Sioux Falls for 2022

The 8 Best Property Management Companies in Sioux Falls for 2022

Last Updated: August 7, 2022

Over the span of 10 days, we collected the information of all property management companies in Sioux Falls, compared their offerings, gathered feedback from actual Sioux Falls landlords and summarized our findings below of the best service providers in 2022.

Real Property Management Express

Real Property Management Express provides full-service residential property management to Sioux Falls homeowners.

  • Address: 4700 E 61st Street, Sioux Falls, SD 57108
  • Phone: 605-274-7373
  • Service Types: Residential only
  • Years in Business: 12+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 125 (min. $80, max. $190) or 14% (min. $100, max. $230) of monthly rent, depending on plan

Real Property Management Express specializes in residential property management that works to make it simple, profitable, and stress-free to own an investment property. They provide a number of additional benefits to help offset some of the potential costs of leasing your property, including tenant guarantees on all placed tenants, placement within 29 days, and no upfront fees until your property is leased & generating you income so that you can be confident in your decision to move forward. Their services span both tenant placement and daily management, taking care of everything necessary to set up the tenancy & oversee it so that it continues to generate reliable income for you. RPM Express’s full suite of solutions includes marketing of the vacancy, showing the property, screening applicants, leasing, rent collection, maintenance, renewals, evictions, and financial reporting for a hands-off rental process.

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Alpine Property Management, LLC

Alpine Property Management is a full-service residential and commercial management company also offering real estate and construction services in Sioux Falls and the surrounding areas.

  • Address: 824 W. 11th Street, Sioux Falls, SD 57104
  • Phone: 605-274-7368
  • Service Types: Residential and commercial
  • Years in Business: 8+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 8 – 11% of monthly rent (min. $65 – $100), depending on plan
  • Tenant Placement Fee(s): 50% of one month’s rent with a management plan or 75% of one month’s rent (min. $650) for tenant placement only

Alpine PM provides comprehensive investment property solutions, including real estate, construction, and property management services for both residential & commercial properties. They work with new investors and current property owners to unlock your maximum earning potential through buying services that find the best deals, construction services to improve profitability & create your ideal investment property, tenant placement that quickly finds a high-quality tenant for fewer issues, and daily management that addresses the tenant’s needs so that you don’t have to. Everything from market research & buying assistance to property preparation to screening & leasing, Alpine helps set your tenancy up for success before ensuring it thrives with complete daily management that takes care of upkeep, financial management, lease management, and more.

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Reside Property Management

Reside Property Management offers residential-only management services throughout the Sioux Falls area.

  • Address: 5701 S Corporate Pl #2, Sioux Falls, SD 57108
  • Phone: 605-275-4245
  • Service Types: Residential only
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Reside PM makes it easy to get started earning passive income, offering a wide array of management services that help your property thrive. To get you started, they’ll perform a rental analysis to determine your expected rental income, identify renovations that could add to your property’s value, and get it market-ready. As part of their leasing services, Reside PM markets the property extensively, shows it, screens potential tenants, and drafts a customized lease, ensuring legal compliance while also affording you the maximum protections possible. Tenants can utilize their online portal to voice questions and concerns, pay rent, and make maintenance requests at any time, keeping them satisfied and comfortable. Management with Reside PM also includes routine inspections, lease renewals and evictions, landscaping, and accounting.

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Charisma Property Management, Inc.

Charisma Property Management offers residential property and association management solutions to the Greater Sioux Falls area.

  • Address: 2101 W. 41st Street, Ste 111, Sioux Falls, SD 57105
  • Phone: 605-271-4663
  • Service Types: Residential and HOA
  • Years in Business: 17+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 7% of monthly rent
  • Tenant Placement Fee(s): 50% of one month’s rent with management or 75% of one month’s rent for tenant placement only

Charisma PM handles property and association management for residential properties, helping to simplify the job of landlord and association manager so that you can enjoy greater profitability with less time investment & stress. Their full-service property management takes care of both finding tenants and overseeing the tenancy backed by over 15 years of local experience & the latest in technology to make it as seamless as possible. They provide self-showings to shorten vacancy periods so that you can start earning rent sooner, conduct in-depth background checks on all applicants so that you can be sure your property is in good hands, and draft a custom lease for each property to ensure you’re compliant at all stages. Charisma’s daily management uses an online tenant portal for anytime rent collection, maintenance requests, and communication for tenants plus an online owner portal for updates on your property at any time in addition to all lease & financial management. HOA management works with the Board to take over significant responsibilities, implement effective protocol for more effective organization, assist with legal matters, provide support to members, coordinate meetings, collect dues, and a wide range of other services that are crafted to meet your community’s needs.

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Lloyd Companies

Lloyd Companies has been providing real estate, construction, and property management services for all types of properties throughout Sioux Falls for more than 50 years.

  • Address: 101 S Reid St #201, Sioux Falls, SD 57103
  • Phone: 605-323-2820
  • Service Types: Residential and commercial
  • Years in Business: 50+ years
  • Rentals Managed: 7,500+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Lloyd Companies does it all, offering real estate brokerage, construction & development, complete tenant placement, and daily management services for your residential & commercial properties so that your entire portfolio’s needs can be addressed in one place. New investors can find your next investment property with a market analysis that outlines high-quality investment opportunities and construction services that can create a new property or renovate your existing property so that it meets your needs while maximizing profitability. Tenant placement with Lloyd Companies ensures that your property is in good hands thanks to in-depth screening of all applicants for consistent income & fewer expenses due to reliable tenants. Day-to-day management addresses the needs of the property with regular inspections, timely maintenance handling, 24/7 emergency support, on-site upkeep, landscaping, and other maintenance services while the online tenant portal ensures their needs are taken care of quickly & effectively. Rent collection, market monitoring for rent increases, eviction processing, and financial reporting are also offered so that your property can generate passive income for you without the stress of handling it yourself.

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Bender Midwest Properties

Bender Midwest Properties manages multi-family and commercial properties throughout Sioux Falls.

  • Address: 305 W 57th St, Sioux Falls, SD 57108
  • Phone: 605-339-9000
  • Service Types: Residential and commercial
  • Years in Business: 24+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Bender Midwest Properties works to help you maximize your property’s potential and increase its profitability. Their full-service management puts your needs first, protecting your investment at all times. They offer a no-obligation consultation to determine if they are the right fit for your management needs as well as a free rental analysis to price your property. They will market your property, show it to potential tenants, screen applicants, and prepare and execute the lease all as part of their leasing services. During the lease term, Bender Midwest Properties collects the rent, coordinates prompt regular and emergency maintenance, enforces the lease, and provides budgeting and accounting services that keep you informed on your investment’s performance.

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Great Plains Property Management

Great Plains Property Management works with residential property owners in the Sioux Falls area.

  • Address: 6800 S Witzke Ave, Sioux Falls, SD 57108
  • Phone: 605-275-3090
  • Service Types: Residential only
  • Years in Business: 10+ years
  • Rentals Managed: 400+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Great Plains PM eliminates the hassles of managing your property on your own, handling everything for you so you can relax and get back to enjoying life. They prioritize tenant and client satisfaction and work with you to identify your needs and goals so they can best assist you in the management process. As part of their leasing services, they will handle pricing your property, marketing your vacancy, showing it to prospective tenants, screening applicants for multiple points of data to ensure only qualified tenants are placed, and drafting the lease in compliance with South Dakota’s Landlord-Tenant laws. Great Plains PM also collects the rent, communicates with tenants on your behalf, coordinates maintenance, conducts inspections, and processes lease renewals and evictions as needed.

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Keez Property Management

Keez Property Management provides residential property management services throughout Sioux Falls and the surrounding areas.

  • Address: 5000 S. Minnesota Ave, Ste 300, Sioux Falls, SD 57108
  • Phone: 605-271-1223
  • Service Types: Residential only
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Keez Property Management helps to maximize your return on investment through their comprehensive property management services. They’ll start by performing a rental analysis using comparable properties on the market and their knowledge of current market conditions to determine the ideal listing price for your property before making the necessary renovations to get it market-ready. Once your property is ready to be leased, they will market it extensively, conduct showings, screen applicants, and draft a legally-compliant lease. Keez PM’s daily management handles maintenance and inspections, rent collection and disbursement to you, tenant communication, lease enforcement, evictions and lease renewals, and more.

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