Property Management Fees in Cincinnati
At BAK Property Management, we believe owners deserve clear, upfront pricing — no hidden charges, no surprise invoices. Here's exactly what it costs to have us manage your rental property in Cincinnati.
Our Fee Structure
Monthly Management Fee: 8% of collected rent. This covers day-to-day management — rent collection, maintenance coordination, tenant communication, and ongoing oversight of your property. You only pay when rent is actually collected.
Tenant Placement Fee: 100% of the first month's rent. This covers marketing your vacancy, screening applicants, coordinating showings, and signing a qualified tenant into a lease.
Lease Renewal Fee: 50% of one month's rent. Charged when an existing tenant renews their lease, covering the renewal negotiation and paperwork.
Maintenance Coordination: For larger or time-intensive maintenance issues — such as major water/sewage damage, extensive repairs, or emergency situations requiring significant coordination — an additional maintenance coordination fee may apply, reflecting the added time and oversight involved. This is discussed with owners on a case-by-case basis.
There are no long-term contracts required to start, and every fee is explained clearly before you sign on — what you see here is what you pay.
Why Our Pricing Works for Cincinnati
Whether you own a single rental in Clifton or Hyde Park, or a growing portfolio across Cincinnati Metro, our fee structure scales with your property's actual performance — we succeed when your property stays occupied and rent gets collected.
Frequently Asked Questions
How much does property management cost in Cincinnati?
Property management companies in the Cincinnati area typically charge a monthly management fee between 8-12% of collected rent, plus a separate tenant placement fee. BAK Property Management charges 8% for ongoing management and 100% of one month's rent for placing a new tenant — on the lower end of the local market for full-service management.
Do I pay a management fee if my property is vacant?
No. Our 8% management fee is based on rent collected, so you're never charged a management fee during a vacancy — only once a tenant is in place and paying rent.
Is there a fee when a tenant renews their lease?
Yes, a lease renewal fee of 50% of one month's rent applies when an existing tenant signs a new lease term. This is lower than the full placement fee since it doesn't require marketing, showings, or new-tenant screening.
What's included in the 8% management fee?
Rent collection, maintenance coordination and vendor management, tenant communication, lease enforcement, and general day-to-day oversight of your rental property.
Is there an extra charge for major maintenance issues?
Routine maintenance coordination is included in our standard management fee. For larger or more time-intensive issues — such as a major sewage backup, extensive water damage, or emergency repairs requiring significant hands-on coordination — an additional maintenance coordination fee may apply, reflecting the added time involved. We discuss this directly with owners case-by-case rather than applying a fixed formula, so there are never surprise charges.