Single Family Management
There are 30 property management companies in Boston, MA 16 Companies specialize in Single Family property management. 24 Companies specialize in Multi-Family property management. 23 Companies specialize in HOA property management.
The average rent for a 3 bedroom house in Boston, MA is $1,970.00. 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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Boston, MA Property Management Companies
Faneuil Hall. Fenway Park. The Freedom Trail. Harvard University. These are just some of the seemingly innumerable traits loved by residents of Boston, also known as Beantown.
Numerous people choose to reside in Boston for its status as one of America's greatest walking cities, its beloved pro sports teams, such as the Red Sox, and top-notch cultural centers and attractions, including the Museum of Science, John F. Kennedy Library and Museum and the New England Aquarium.
Greater Boston is also home to many of the country's most respected colleges and universities as well, including Harvard, MIT and Boston University. Additionally, The Hub is a prime business center of the Northeast and has world-renowned medical facilities, such as Massachusetts General Hospital.
Affordable public transit via South Station allows residents of Boston to easily access the city's surrounding communities. When traveling inside the city, many residents prefer to walk or bike, as there are numerous pathways for inhabitants to utilize.
Numerous Property Management Firms to Choose From in Boston
Boston's business sector is filled with companies from a variety of high-performing industries, including technology and finance firms. One business that has been doing very well in recent years in the metro area is property management.
Investors who buy a property or two in Beantown and find themselves in need of property management services have a bevy of successful, well-equipped firms they can interview to potentially run their units.
Handling every single aspect of a rental property - from interviewing applicants to collecting rent to making necessary upgrades and improvements to a property - can be too much for many owners. This is why property managers make their services available: to provide owners with relief and take pressure off their shoulders regarding the day-to-day work of their property.
Boston Rental Market at a Glance
|2012 Population||4.6 million||380 million|
|2010 Percentage of renters||46.10%||34.00%|
|2013 (1st Q) Rental vacancy rate||6.7%||8.40%|
|2013 Median house price||$345,000||$185,000|
|2013 Median Family income||$51,700||$51,400|
|2013 Median rent (3 bedroom)||$1,954||$1,350|
The vacancy rate of Boston, Massachusetts (population: 4,640,802) has increased from its lowest rate of 3.6% in 2010 and is currently at 6.7%. The median rent has increased since 2010 as well and is currently at $1,954. The median family income is $51,739 and the median home price is $345,000.
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 Boston 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 Boston's top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in Boston to receive free quotes from.