How Much Does Property Management Cost for Single-Family Homes in Los Angeles?

If you’re a property owner in Los Angeles, you’ve probably wondered: how much does it really cost to hire a property manager for a single-family home? The answer depends on several factors, but here’s a clear breakdown to help you understand what to expect.

Management Fees: A Percentage of Gross Rents

Most property management companies charge a monthly fee based on a percentage of the gross rents collected. This percentage typically ranges between 5% and 10% per month. The exact percentage often depends on the size and rental price of the property. For higher-end homes with larger gross rents, the rate may be more flexible and lean toward the lower end of the range.

Why Cheaper Isn’t Always Better

While it might be tempting to choose the cheapest service, lower fees can mean less attention, fewer resources, and minimal tenant support. Property management isn’t just about collecting rent—it’s about protecting your investment, keeping tenants happy, and ensuring smooth operations. A professional, responsive manager can save you time, money, and headaches in the long run.

Leasing Fees: Only When Needed

In addition to the monthly management fee, most companies charge a one-time leasing fee when they secure a new tenant. Keybox charges the equivalent of one month’s rent for every 12 months of lease secured. This amount may vary depending on the property’s price point. The leasing fee covers marketing the property, screening applicants, and handling lease paperwork—and you only pay it when your property needs to be leased, not every month.

Bottom Line

The cost of property management for a single-family home in Los Angeles typically falls between 5% and 10% of gross monthly rents, plus a leasing fee when a new tenant is placed. While cost is important, remember that cheaper isn’t always better. A good manager brings peace of mind, smooth operations, and long-term value. If you’re curious about what Keybox can offer, fill out our quick online form to get a proposal and see how we make property management simple and effective.

Quick Summary: Typical Property Management Costs

• Monthly Management Fee: 5%–10% of gross monthly rents
• Fee Flexibility: Higher rent properties may get a lower percentage
• Leasing Fee: Equivalent to 1 month’s rent for every 12 months of lease, varies depending on property price point
• Remember: Cheaper isn’t always better—quality service protects your investment

Want a personalized proposal? Get yours now and see how Keybox can simplify property management for you.