Single Family Management
There are 22 property management companies in Riverside, CA 9 Companies specialize in Single Family property management. 8 Companies specialize in Multi-Family property management. 10 Companies specialize in HOA property management.
The average rent for a 3 bedroom house in Riverside, CA is $1,582.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
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Riverside, CA Property Management Companies
Riverside, California, is one of the state's largest inland cities that is known for the birthplace of the state's substantial citrus industry and its jaw-dropping mountain landscape.
A number of respected landmarks reside in Riverside, including the Mission Inn, one of the city's architectural marvels, and the Riverside Fox Theater, a near-century-old cherished venue that has been renovated in recent years.
The University of California, Riverside hosts many undergrads annually and is a top employer in the city. In addition, the college's campus boasts the UCR Botanical Gardens - a few dozen acres that features numerous varieties of plants and many miles of walking trails.
More than a dozen museums, such as California Citrus State Historic Park, are located citywide, while social events including the Festival of Lights and Festival of Trees bring local residents together year-round to celebrate the community.
Also, a few of the region's best hospitals operate in Riverside, while employment opportunities for the area are mostly found in the local governmental and educational institutions and media outlets, such as The Press-Enterprise.
Numerous Property Management Firms to Choose From in Riverside
Property investors in California may not find a better market to buy a single-family or multifamily residence to purchase than in Riverside, where the vacancy rate has fallen substantially in recent years and apartment demand is considerable.
Of course, after buying an investment property, inexperienced owners may discover they need assistance in operating their residence. Some owners don't have the time to do maintenance or know how to deal with tenants.
Whatever the issue may be, rental property management teams are the people to call when you require help in running your investment property, as these professionals are expert in providing needed services to apartment owners.
Riverside Rental Market at a Glance
|2012 Population||4.3 million||380 million|
|2010 Percentage of renters||34.30%||34.00%|
|2013 (1st Q) Rental vacancy rate||7.9%||8.40%|
|2013 Median house price||$200,000||$185,000|
|2013 Median Family income||$57,555||$51,400|
|2013 Median rent (3 bedroom)||$1,577||$1,350|
The vacancy rate of Riverside, California (population: 4,350,096) has declined since its peak of 13.3% during the second quarter of 2010 and is currently at 7.9%. The median rent has also declined from $1,697 in 2010 to $1,577 in 2013. The median family income is currently $57,555 and the median home price is $200,000.
Vacancy rates and population estimates taken from census.gov/housing
Rent data from HUD.gov
Median family income and price from CNNMoney.com
Percentage of renters reported by City-data.com
Finding Riverside Property Management Companies
Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.
Sign up with All Property Management to choose from Riverside's top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in Riverside to receive free quotes from.