Property Management Fees Georgia

Looking for an estimate of property management fees? Georgia landlords, we’ve broken it all down for you. To figure out how much property managers charge, you need to understand the different types of fees and cost structures.

Some property management companies charge a flat rate. Flat fees are great for budgeting because you know exactly what the bill will look like each month. However, most companies charge a baseline management fee plus additional costs. Many of these costs depend on circumstances, like eviction fees, vacancy fees, or tenant placement fees — so it’s harder to gauge your total expenses.

We created this TurboTenant guide to walk you through the property management fees Georgia companies typically charge. Let’s begin with a bird’s-eye view of common property management costs.

Common Costs 

 

Here’s a quick synopsis of our market analysis:

• Overall, the property management fees charged by Georgia companies are about the same.
• You’ll notice the greatest differences in costs between cities.
• Most companies charge an initial setup fee when you begin working with them.
• On a month-to-month basis, property managers charge landlords a management fee plus additional costs.

Let’s take a closer look at the average property management fees in Georgia:

Monthly Management Fees

After you pay the initial setup fee to initiate the process, the property manager will begin charging you a monthly management fee. This fee represents the baseline cost of hiring a company. It covers the day-in, day-out workflows, including:

• Communicating with tenants
• Rent collection
• Sending late notices and charging late fees
• Handling all lease agreements
• Coordinating move-in/move-out

In Georgia, most property management companies charge this as a percentage of the monthly rent. Property managers charge any work not included within this fee as an additional expense. Although it’s not as common, some property management companies operate on a flat fee structure.

The average monthly management fee in Georgia comes out to about 8%–12% of the monthly rent.

Tenant Placement

If you’re used to tackling tenant placement on your own, you know how much work goes into filling a vacancy. Property managers charge a flat rate fee or a percentage of 1 month’s rent to handle the process for you. Here’s what most companies cover:

• Finding renter leads
• Marketing the listing
• Scheduling renter tours
• Rental application preparation, distribution, and collection
• Tenant screening
• Communicating with applicants
• Preparing the Georgia lease agreement

On average, tenant placement fees in Georgia hover around 50%–100% of the first month’s rent.

Annual Inspection Costs

Landlords should inspect their properties annually to ensure they’re in a safe and habitable condition for tenants. Property managers take inspection-related tasks off your hands. To do so, they charge a flat fee per inspection. They usually conduct the following:

• Annual health and safety inspection
• Move-in and move-out inspections
• City-mandated inspections (including plumbing, egress, or sanitation inspections)

In Georgia, the average rate ranges from $50 to $150.

Maintenance

Maintenance requests can happen at any time — in the middle of the night, during a meeting, or right when you’re sitting down to watch the big game. Landlords, you know this all too well. But with a property manager, you don’t have to stop everything and spring into action. When repair requests come in, property managers will:

• Respond to the tenant
• Hire a contractor
• Schedule the work
• Oversee the repair

To compensate property managers for managing maintenance, they usually add a markup fee directly onto the contractor’s bill. In Georgia, the average markup fee ranges from 5% to 15%.

Lease Renewal

If a tenant wants to stick around for another lease period, property managers will renew the rental agreement. Property managers handle:

• Drafting an updated lease agreement
• Communicating with tenants and landlords
• Filling out all required paperwork
• Collecting signatures from tenants and landlords

Lease renewal fees in Georgia typically range from 25% to 75% of 1 month’s rent. However, some companies charge a flat fee per lease.

Eviction Costs

The Georgia eviction process probably isn’t your favorite part of being a landlord, but fear not! A property manager can simplify the process for you. Your property manager will coordinate and execute the eviction. They will:

• Represent you in court
• Fill out and submit all eviction paperwork
• Coordinate the tenant’s eviction

Property management companies in Georgia typically charge $ 500 or more (plus court costs) for evictions on average.

Vacancy Charges

Even though property managers fill vacancies, most companies charge a fee for unoccupied units. Why? Because they’re the ones who have to care for, maintain, and monitor the property while it’s empty. When your unit is vacant, the property manager is responsible for:

• Visiting the property
• Hiring a cleaning company
• Keeping the property secure
• Coordinating any required maintenance

These efforts keep your unit move-in ready for your next tenant. Vacancy charges are usually $50–$200 in Georgia.

Costs in Popular Georgia Cities

Here’s an estimate of average property management fees in Georgia metros:

Atlanta

• 8%–12% of 1 month’s rent for monthly management
• 25% of 1 month’s rent for lease renewals
• Up to 1 month’s rent for tenant placement

Columbus

• 8%–12% of 1 month’s rent for monthly management
• $200–$500 for lease renewals
• 50%–100% of 1 month’s rent for tenant placement

Savannah

• 8%–12% of 1 month’s rent for monthly management
• 25% of 1 month’s rent for lease renewals
• Up to 1 month’s rent for tenant placement

Augusta

• 8%–9% of 1 month’s rent for monthly management
• 10%–50% of 1 month’s rent for lease renewals
• 50%–100% of 1 month’s rent for tenant placement

Macon

• 8%–12% of 1 month’s rent for monthly management
• 25%–50% of 1 month’s rent for lease renewals
• 50%–100% of 1 month’s rent for tenant placement

The Final Word

After reviewing the average cost of fees in Georgia, you might be asking, “What are the alternatives?”

Here’s one solution that’s simple and free: use TurboTenant to streamline self-management. You’ll get access to automation tools and templates streamlining listing advertising, tenant screening, rental applications, lease prep, and more.

Sign up and put the product to use immediately — no credit card required.

Georgia Property Management Fees FAQs