Managing multifamily rental properties in Chandler, Arizona comes with incredible potential—multiple units under one roof mean multiple income streams. But alongside that opportunity are unique financial responsibilities. Property owners must account for the costs associated with hiring a professional management company to handle day-to-day operations. At True10 Property Management, we believe transparency is the foundation of great service, especially when it comes to fees.
In this guide, we’ll break down the most common property management costs for multifamily owners in Chandler and how these expenses translate to real value.
What Are Property Management Fees?
Property management fees are the price you pay to have a team manage the daily operations of your rental. These fees cover services like rent collection, maintenance coordination, lease enforcement, and tenant communication. Most often, fees are either a percentage of monthly rental income or a flat monthly rate.
In Chandler, typical monthly management fees range from 8% to 12% of the collected rent. Some companies offer flat-fee pricing, while others use a hybrid model. At True10 Property Management, we offer flexible pricing structures to fit your property’s needs—learn more about our pricing here.
Understanding Fee Structures
There are two common types of fee structures:
Percentage-Based: The management company charges a percentage of the rent collected each month. This aligns incentives between the owner and manager.
Flat-Fee: A consistent fee is charged monthly, regardless of how much rent is collected.
Some owners prefer predictability, while others prefer performance-based pricing. What’s most important is clarity—every investor should know exactly what services are included.
Leasing and Tenant Placement Fees
Vacancies can quickly eat into your profits. That’s why tenant placement services are crucial. These services often include marketing the unit, showing the property, screening tenants, and executing lease agreements. Most property managers charge a leasing fee, typically ranging from 50% to 100% of one month’s rent.
With Chandler’s rental market staying competitive, especially for multifamily properties, placing reliable tenants quickly is essential. If you're just starting out, check out our blog on what to do after buying your first rental property in Chandler.
Maintenance and Repair Coordination
Maintenance is a significant cost center in property management. Property managers either charge a maintenance coordination fee or apply a markup on third-party vendor bills. These services include routine upkeep, emergency repairs, and preventative maintenance planning.
In a desert climate like Chandler’s, HVAC servicing and plumbing maintenance are especially critical for tenant comfort and property longevity. Staying ahead of repairs protects your investment and tenant satisfaction.
Eviction and Legal Processing Fees
While eviction is a last resort, it’s sometimes necessary. Property management companies generally charge fees for handling evictions. These cover filing documents, court representation, and tenant communication. Fees can range from $200 to $500, not including court costs.
True10 Property Management works proactively to avoid evictions through diligent tenant screening and lease enforcement, but we’re also equipped to manage the legal process when needed.
Lease Renewal Fees
When a tenant’s lease ends and they choose to stay, some companies charge a lease renewal fee. This small fee covers inspections, paperwork updates, and any necessary rent adjustments. It’s usually less than a tenant placement fee, typically around $100–$200.
Lease renewals can lead to long-term tenant retention, which reduces turnover costs and stabilizes income.
Marketing and Advertising Costs
Filling vacancies requires visibility. Property management companies may charge separate fees for advertising your units, especially in a competitive market like Chandler. This might include photography, digital listings, and targeted ad campaigns.
Effective marketing doesn’t just find tenants—it attracts qualified tenants. True10 Property Management leverages modern marketing tools to keep your units occupied with minimal downtime.
Administrative and Operational Fees
Some property managers charge additional administrative fees for services such as monthly financial reporting, compliance with local regulations, or conducting property inspections. While these might seem small individually, they can add up over time.
At True10, we believe in bundling key services together, so our clients are never caught off guard by surprise fees.
Factors That Influence Management Fees
Several property-specific and market-related factors affect what you’ll pay for property management:
Property Type and Size: Larger buildings require more oversight, increasing both labor and operational costs.
Property Condition: Older or poorly maintained properties may demand more repairs and inspections.
Location Demand: High-demand areas in Chandler may command higher rents, and often slightly higher management fees due to increased marketing and service expectations.
Scope of Services: Full-service management that includes accounting, inspections, maintenance, and legal compliance may carry a higher price tag—but it often pays off in peace of mind.
For multifamily property owners, our specialized multifamily management services can streamline operations and increase your NOI.
Why True10 Property Management Is a Smart Investment
When you work with True10 Property Management, you’re not just paying for service—you’re investing in long-term performance. Our approach is built around:
Transparent pricing
Prompt communication
Proactive maintenance
Proven tenant screening processes
Local Chandler market expertise
With our help, your multifamily property becomes a smoother, more profitable operation—whether you’re a seasoned investor or new to real estate.
Ready to Simplify Multifamily Ownership in Chandler?
Managing multifamily properties doesn’t have to be overwhelming. With True10 Property Management, you gain a reliable partner who takes the guesswork out of rental ownership. From maintenance and leasing to financial tracking, we’re here to help you succeed.
Contact our team today to learn more about our property management solutions tailored to multifamily investors in Chandler, AZ.
Frequently Asked Questions (FAQs)
1. What is the average property management fee in Chandler, AZ?
Property management fees in Chandler typically range from 8% to 12% of the monthly rent collected. Some managers offer flat-fee models as well.
2. Are leasing fees separate from monthly management fees?
Yes, most companies charge a separate tenant placement or leasing fee to cover marketing and move-in services.
3. What happens if a tenant stops paying rent?
A property manager like True10 will handle the eviction process, which may involve court filings, legal notices, and recovering possession of the unit.
4. Can I choose only specific services instead of full management?
Some companies offer customizable plans, but full-service management is generally the most cost-effective and hassle-free option.
5. How quickly can you fill a vacant unit in Chandler?
Vacancy time depends on market demand, pricing, and property condition, but with effective marketing, many units can be filled within 2–4 weeks.