The 10 Best Property Management Companies in Sioux Falls for 2023

The 10 Best Property Management Companies in Sioux Falls for 2023

Last Updated: March 23, 2023

Over the past 10 days, we collected data on Sioux Falls’s property management companies to provide you with a detailed comparison of their services, pricing information, and owner feedback so that you can find the best match for your rental.

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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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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JL Property Management

JL Property Management manages residential properties throughout Sioux Falls and the surrounding areas.

  • Address: 6300 S Connie Ave, Sioux Falls, SD 57108
  • Phone: 605-800-4088
  • Service Types: Residential only
  • Years in Business: 1+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): 6% – 12% of monthly rent ($75 – $100 minimum) depending on the service plan
  • Tenant Placement Fee(s): 35% of the first month’s rent or 100% of one month’s rent ($500 minimum) for tenant placement only

JL PM handles all aspects of property management, working to minimize the hassles of property management so you can get back to enjoying life while they generate passive income from your investment. Their services begin with a rental analysis to price your property accurately based on current market conditions and comparable local properties already on the market. Tenant placement and management are offered both separately and combined, so you can choose which responsibilities you want their team to handle and how involved you want to be with the leasing process. As part of their tenant placement services, JL PM markets your property across multiple platforms, shows it to potential tenants, screens applicants thoroughly to ensure reliable tenants are placed, and drafts a custom lease with additional protection for you and your investment. Day-to-day management includes legal compliance, rent collection, prompt maintenance coordination, regular inspections, tenant communication, accounting, lease renewals, and evictions.

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Real Property Management Express

Real Property Management Express serves residential property owners and investors throughout the Sioux Falls area.

  • 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 works with both property owners and investors to help you maximize your return on investment through a full suite of residential management services, beginning with a free rental analysis to identify the right price point for your property before it is prepared to be shown and leased. Their proven marketing and tenant placement strategies ensure that your vacancy will be filled quickly with qualified, reliable tenants who are likely to stay longer and respect your property. If a placed tenant does break their lease or an eviction is required, RPM express will replace them at no additional cost to you and cover all legal fees so you can have peace of mind and get back to earning passive income as soon as possible. During the lease, they coordinate maintenance, communicate with tenants, collect and disburse rent, conduct inspections, provide monthly financial reports, and process lease renewals and evictions as needed.

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Reside Property Management

Reside Property Management works with residential property owners and investors throughout Sioux Falls and the surrounding 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 works to maximize your profits, minimize your expenses, and keep your tenants satisfied. Their services start with a complimentary rental analysis to price your property, identify any renovations that could add to your property’s value, and prepare it to be shown and leased. Once your property is ready to be leased, they will handle marketing your vacancy, showing it to prospective tenants, screening applicants, and drafting a legally-compliant lease agreement. During the lease term, tenants are provided a 24/7 online portal for communicating with the property manager, making rent payments, and submitting maintenance requests at any time. Meanwhile, owners can utilize your own portal to view financial statements, tax documents, and more. Reside PM’s daily management services also include processing lease renewals, coordinating evictions, conducting periodic inspections, and landscaping.

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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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Solutions Property Management, LLC

Solutions Property Management provides full-service brokerage and investment management services for residential & commercial properties.

  • Address: 517 W. 22nd Street, Sioux Falls, SD 57105
  • Phone: 605-988-8496
  • Service Types: Residential and commercial
  • Years in Business: 8+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Solutions PM assists with all steps of the investment property process from start to finish, helping you to get started with your ideal investment opportunity and making it easy to generate passive rental income that you can rely on to expand your portfolio. Their team consists of both property managers and agents so that you can get an accurate cash flow analysis that outlines your expected ROI for any properties you’re considering to ensure you’re positioning yourself for the best return possible. Once the property is under your ownership, they’ll make cost-effective renovations recommendations that help unlock a greater earning potential over time and begin initiating the tenant placement process so that you begin generating income ASAP. Solutions creates a listing, markets it, shows the property, screens all applicants for rental history, proof of income, and criminal history, drafts a custom lease to protect you as much as possible, and handles security deposit escrow to ensure you can retain funds at the end of the lease if necessary. Daily management facilitates reliable rental income that requires little to no time investment on your behalf thanks to full-service managers that address all tenant and property-related issues that arise throughout the lease term. This means rent collection, maintenance, lease management, and reporting are handled so that you can avoid being on-call for any issues that arise.

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