Boston landlords looking to maximize their rental property returns often turn to property management companies for assistance. Understanding the costs associated with property management is crucial for making informed decisions. In this article, we break down the costs of hiring a property manager in Boston, explore industry standards, and explain how ConnectAll Property Management offers competitive pricing while maintaining top-tier services.
Average Property Management Fees in Boston, MA
According to data from the Institute of Real Estate Management (IREM) (irem.org), property management fees in major metropolitan areas, including Boston, typically range between 10% and 15% of the monthly rent. Some companies may also charge additional fees for tenant placement, lease renewals, and advertising.
However, ConnectAll Property Management offers a cost-effective alternative with a 10% flat fee and no hidden charges. Unlike many competitors, ConnectAll does not charge extra for:
- Tenant placement
- Advertising
- Lease renewals
This means that landlords save 30% on traditional property management costs while receiving full-service management solutions.
Breakdown of Property Management Fees
1. Standard Management Fee Structure
Most property management companies in Boston charge fees based on the number of rental units. Below is a breakdown of ConnectAll’s pricing model:
- 1 Unit – 10% of Monthly Gross Rent
- 2 – 5 Units – 9% of Monthly Gross Rent
- 6 – 20 Units – 8% of Monthly Gross Rent
- 20+ Units – 7% of Monthly Gross Rent
For landlords with multiple units, the sliding-scale discount ensures cost savings while still providing high-quality management services.
2. Additional Fees to Consider
While some companies charge separately for essential services, ConnectAll Property Management includes them in their one-time account setup fee, which covers:
- Property condition inspection
- Account establishment
- Tenant notification expenses
This transparency helps landlords avoid unexpected charges while ensuring smooth property management operations.
Comparing Costs: ConnectAll vs. Other Property Management Companies
Many property management firms in Boston charge additional fees that quickly add up. According to the National Association of Residential Property Managers (NARPM) (narpm.org), typical additional fees include:
- Tenant placement fees (50%-100% of one month’s rent)
- Lease renewal fees ($200-$500 per lease)
- Maintenance coordination fees (5%-10% of repair costs)
By eliminating these fees, ConnectAll Property Management provides a cost-efficient solution for landlords in Boston. Learn more about our affordable and trusted property management services.
Why Property Management Costs Are Worth It
A reputable property management company does more than just collect rent. The right team can help increase rental income, minimize vacancies, and handle tenant disputes effectively. According to Harvard University’s Joint Center for Housing Studies (jchs.harvard.edu), professional property management can enhance tenant retention rates and reduce legal risks associated with rental agreements.
Key Benefits of Hiring a Property Management Company:
- Maximized ROI – Learn how our top-rated rental property management services help Boston landlords increase profitability.
- Trusted Tenant Screening – Read about our tenant screening services to find reliable tenants and reduce turnover.
- Market Expertise – Stay informed about Boston rental market trends and 2025 housing predictions.
Hassle-Free Property Maintenance – Protect your investment with our affordable property maintenance services.
Get Your Free Rental Report
By choosing ConnectAll Property Management, landlords gain a cost-effective, full-service property management solution that eliminates unnecessary fees while maximizing rental income. Get in touch today to learn how we can help you achieve stress-free property ownership in Boston, MA!
