Las Vegas Rental Owner’s Guide • 2026

The 10 Best Property Management Companies in Las Vegas

Ten managers, one honest ranking — fees, portfolios, and who actually answers the phone.

2–3 Weeks
Average time to lease
$1,250
Average 1-bedroom rent
6%
Las Vegas vacancy
None
Statewide rent control

Written by Johana Williams  •  Reviewed By: Peter Evering  •  Last updated: July 31, 2026

We have all heard the stories; you know the ones, the horror stories of the seemingly wonderful tenants in the beginning that turn out to be the cause of severe property damage or even lack of payments being received. Managing a Las Vegas rental is definitely not a one-man task. Because of this many property owners have discovered that hiring a property management company may be the answer to the countless problems that can arise with renting out a home.

So there comes a time when you, the owner, have to pinpoint all the qualities you wish to find in a property management company. Because finding a reputable property management company is key to your property’s success. The company you choose will steward one of your most valuable assets on your behalf. We manage property in Las Vegas ourselves, and we are here to help you understand the strengths of each company on this list (Utopia included — we put ourselves at number one, and we will tell you why).

The Local Rules

Why Hiring a Manager in Las Vegas Is Different

It only takes one lawsuit to ruin your year. Yet owning rental property in Las Vegas can still be one of the most fulfilling experiences you can have while reaching your financial goals. A good Las Vegas manager is constantly aware of the legal pitfalls that must be avoided in order to make sure that you are protected. Nevada has no statewide rent control, but from the 60-day written notice required before any rent increase to the security-deposit limits under NRS 118A to the state’s real estate license and property-management permit rules, their primary concern every day is to safely navigate through these potentially dangerous areas.

Rent increases are still a careful area here, even without a cap. Careful attention must be paid to the timing and paperwork of every increase, because Nevada requires 60 days of written notice before raising the rent on a month-to-month tenancy — 30 days for shorter periods — and there is no statewide limit on the amount. If you are planning to raise the rent or end a tenancy next year, the notice has to be right the first time.

The weather adds work of its own. From relentless summer heat and hard water to aging HVAC systems and sudden monsoon storms, the desert climate keeps a maintenance team busy here, and small problems become expensive problems when nobody is watching for them.

How Fast Do Homes Rent Here?

On average, when using an experienced property management company, it takes approximately two to three weeks to have your place rented. Without a management company, there is no telling. For a property owner, nothing is more expensive than maintaining a property that sits empty. One-bedrooms in Las Vegas currently rent for approximately $1,250 per month, with the metro average closer to $1,460, so every month of vacancy costs you well over a thousand dollars. A vacant property equals no incoming rent, but with Las Vegas vacancy sitting near 6%, the applicant pool is deep and demand stays strong nearly all year. Rents here have climbed sharply since 2021.

Before You Choose

What to Look For in a Las Vegas Property Manager

01

Track Record & Reviews

Research a company online — its website, social media, and the Better Business Bureau — and favor time-tested experience over a firm that started only a year or two ago.

02

Local & Legal Fluency

Every state has unique requirements for landlords, so make sure a manager can speak fluently to Nevada’s rules — the 60-day rent-increase notice, the absence of any statewide rent cap, and the real estate license and property-management permit the state requires.

03

All-In Pricing

Understand which fees are included and excluded in the agreement — management, setup, leasing, renewal, and markup — so you can compare companies on an apples-to-apples basis.

04

Maintenance Model

Once a property is rented the real work starts, so ask whether repairs run through in-house technicians or outside vendors, and how after-hours emergencies are handled.

05

Communication & Reporting

Most owners feel better knowing someone is on the job and ready to answer questions quickly, so look for an owner portal, regular financial reporting, and a real person on the phone.

The Rankings

How the 10 Companies Compare

RankCompanyFoundedMgmt FeePortfolio
1Utopia Management Top Pick19948–10%~9,000 properties
2Black & Cherry Real Estate20116–7%2,000+ properties
3Triumph Property Management20068% (7% at 3+)Residential
4Faranesh Real Estate20117%1,000+ homes
5Shelter RealtyContact8% (min $100)600+ properties
6Real Property Management (RPM Peace)Franchise8.9–12%Single-family
7GoldenWest Management2004No junk feesAZ/CA/NV
8Avalon Realty & Oaktree MgmtContactContactResidential
9Foster Realty2010Contact247+ units
10Signature Real Estate Group2013ContactLuxury/high-rise

“Contact” means the company does not publish that fee.

1. Utopia Management

Our Top Pick
30+ years40+ offices8–10% fee~9,000 propertiesNo fee while vacant24/7/365

As a rental property owner, the main benefit of choosing Utopia is the peace of mind it brings you. In addition to being one of the West Coast’s largest property management companies, with more than thirty years in the field and over 40 offices, our property managers have the combined experience to handle your concerns. Utopia has been at this since 1994 and manages roughly 9,000 properties, with the Las Vegas office at 2300 West Sahara Avenue. Monthly management fees typically range from 8-10% of collected rent, and there is no management fee charged while your property sits vacant.

Utopia is committed to quick and quality customer service. With a full-time, in-house maintenance team and round-the-clock 24/7/365 call monitors, you won’t be left wondering when or if someone will be reaching out to assist you. Utopia is a full-service management company offering renter’s insurance at a competitive rate, grounds and property care, and an easy-to-navigate tenant portal. Tenants can fill out maintenance requests and even pay their rent online at any time of day or night. And if you choose to sign up for our Eviction Protection Program, you would be protected from ever having to pay the cost of an eviction, including attorney fees and court filing fees.

30+
Years in business
40+
Offices, West Coast
~9,000
Units managed
In-House
Maintenance teams
24/7/365
Sales & service
Key metrics
Year founded
1994 (30+ years in business)
Offices
40+ across the West Coast
Monthly management pricing
8%-10% of monthly rent (no fee while vacant)
Tenant placement fee
Free leasing on properties under full management
Maintenance
In-house maintenance team; 24/7/365 sales & service
Portfolio size
~9,000 properties
Property types managed
Single-family homes, condos, multifamily, commercial, HOA
Eviction handling
Yes — optional Eviction Protection Program covers attorney & court filing fees
Las Vegas office
2300 West Sahara Ave, Suite 800 — (702) 745-1111

Visit website →

2. Black & Cherry Real Estate

Since 20116–7% feeBest of Las Vegas

First and foremost, Black & Cherry Real Estate is knowledgeable of the local market. The firm has been working the Las Vegas valley since 2011 and manages more than 2,000 single-family homes and condos across the metro. Black & Cherry charges 6-7% of each month’s rent with no setup, marketing, or junk fees. The company also fields a team of 18 dedicated property managers, one of the deepest benches of any independent firm in the valley, and has earned repeated “Best of Las Vegas” recognition. Spend some time researching whether a company has friendly staff and good relationships with their current owners and tenants; Black & Cherry’s volume focus leans toward high turnover rather than a boutique touch.

Key metrics
Year founded
2011
Monthly management pricing
6-7% of monthly rent
Tenant placement fee
No setup, marketing, or junk fees
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
2,000+ properties; 18 property managers
Property types managed
Single-family homes and condos
Eviction handling
Handled as part of full-service management

Visit website →

3. Triumph Property Management

Since 20068% (7% at 3+)No setup fees

Triumph Property Management has been in business since 2006, working across the Las Vegas valley under broker Kami Zargari. Some firms adjust their percentage depending on the number of properties or services included; Triumph does exactly that, charging 8% of collected rent and dropping to 7% for owners with three or more properties, all with no hidden or setup fees. Similar to any other business, not all managers are good managers — but a leasing fee of roughly one month’s rent and a clean fee sheet say a great deal about how a company treats its owners. Keep in mind that the reduced rate only applies once you cross the three-property threshold.

Key metrics
Year founded
2006
Monthly management pricing
8% (7% at 3+ properties)
Tenant placement fee
Approximately one month’s rent
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
Not publicly available
Property types managed
Residential single-family homes and condos
Eviction handling
Handled as part of full-service management

Visit website →

4. Faranesh Real Estate

Since 20117% feeFree photography

As a rental property owner, you want to pay only when you see results — and paying only when the home is rented is precisely what Faranesh Real Estate has built its reputation on. The firm is locally owned, founded in 2011, and charges 7% of collected rent with free professional photography and no fee until a tenant is placed. When you are not billed for an empty home, more of the return stays with the owner, so it is very much to your benefit that Faranesh structures its pricing the way it does across its 1,000-plus homes. Keep in mind that the 7% still applies once the property is occupied, so factor it into your long-run numbers.

Key metrics
Year founded
2011
Monthly management pricing
7% of monthly rent
Tenant placement fee
Only paid when the home is rented
Lease renewal cost
Not publicly available. Contact for more info.
Maintenance markup/coordination fee
Not publicly available. Contact for more info.
Portfolio size
1,000+ homes
Property types managed
Residential single-family homes
Eviction handling
Handled as part of full-service management

Visit website →

5. Shelter Realty

8% (min $100)600+ props20–45 day lease

Shelter Realty has been building its book of business for years and manages roughly 600 properties across the Las Vegas valley. Don’t want to deal with the day-to-day yourself? Shelter charges 8% of the monthly rent with a $100 minimum, a $200 lease-signing fee plus agent commission, and a $100 renewal. Percentage fees usually run 8-10% of every month’s rent at other firms, so Shelter’s rate sits right in the normal range for the market. Keep in mind that its homes tend to rent in about 20 to 45 days, so budget for a short marketing window.

Key metrics
Year founded
Not publicly available. Contact for more info.
Monthly management pricing
8% (minimum $100/mo)
Tenant placement fee
$200 lease-signing plus agent commission
Lease renewal cost
$100
Portfolio size
600+ properties
Property types managed
Residential single-family homes and condos
Eviction handling
Handled as part of full-service management

Visit website →

6. Real Property Management (RPM Peace)

Brand since 19868.9–12% fee29-day guarantee

Real Property Management (RPM Peace) is the local office of a national franchise whose brand dates to 1986 and focuses on single-family homes. A stack of guarantees could mean a company is confident in its process. It could also simply be a strategy to beat the competition — and in RPM Peace’s case the guarantees are the strongest on this list, covering tenant replacement, a 29-day leasing promise, rent protection up to 12 weeks, and eviction costs up to $5,000, alongside an 8.9% Turn-Key or 12% Premium management fee. Keep in mind that you should confirm exactly which guarantees your chosen plan includes before signing.

Key metrics
Year founded
Franchise brand since 1986
Monthly management pricing
8.9% Turn-Key / 12% Premium
Tenant placement fee
Lease-only $1,395 ($900 bundled)
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
Not publicly available
Property types managed
Single-family homes
Eviction handling
Eviction protection up to $5,000 on qualifying plans

Visit website →

7. GoldenWest Management

Since 2004No junk feesAZ/CA/NV

GoldenWest Management is a Las Vegas manager, in business since 2004 with additional offices in Arizona and California, that handles apartments, condos, single-family homes, and vacation rentals. A management company with a transparent fee structure is one that can protect your return, and GoldenWest advertises no leasing, marketing, or renewal fees. The team will market the unit, screen applicants carefully, determine the right rent, and handle the day-to-day so you don’t have to. Keep in mind that its exact management percentage is not published, so ask for the numbers up front.

Key metrics
Year founded
2004
Monthly management pricing
Not publicly available (advertises no leasing/marketing/renewal fees)
Tenant placement fee
None advertised
Lease renewal cost
None advertised
Portfolio size
Not publicly available; also serves Phoenix and California
Property types managed
Apartments, condos, single-family homes, vacation rentals
Eviction handling
Handled as part of full-service management

Visit website →

8. Avalon Realty and Oaktree Management

ResidentialExpertise top-ratedLV & Henderson

Avalon Realty and Oaktree Management is a residential-focused organization that turns up again and again at the top of Expertise’s Las Vegas and Henderson rankings. From the valley’s core neighborhoods out to Henderson, each managed home gets marketing, showings, and screening handled by the same team. If you want a manager with a consistent reputation across the leading local best-of lists, this is one of the most recognized names on the list. Keep in mind that it does not publish its fees, so you will need to request a quote.

Key metrics
Year founded
Not publicly available. Contact for more info.
Monthly management pricing
Not publicly available. Contact for more info.
Tenant placement fee
Not publicly available. Contact for more info.
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
Not publicly available
Property types managed
Residential
Eviction handling
Handled as part of full-service management

Visit website →

9. Foster Realty

Since 2010247+ units24/7 maintenance

Foster Realty serves Las Vegas owners and traces its start back to 2010, led by broker Evan Roark. An ongoing proactive program to keep a property maintained is central to protecting an investment, and 24/7 maintenance paired with drone and 360-degree marketing is the heart of how Foster operates across its 247-plus units. For an owner who values sharp marketing and hands-on local management, Foster is a natural fit. Keep in mind that it does not publish its management or leasing fees, so you will need to request a quote.

Key metrics
Year founded
2010
Monthly management pricing
Not publicly available. Contact for more info.
Tenant placement fee
Not publicly available. Contact for more info.
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
247+ units
Property types managed
Residential single-family homes and condos
Eviction handling
Handled as part of full-service management

Visit website →

10. Signature Real Estate Group

Since 2013AppFolioLuxury/high-rise

Signature Real Estate Group has been in business since 2013, making it one of the more technology-forward firms on this list and serving owners across single-family homes, condos, luxury properties, and high-rises in Las Vegas. The firm handles the full range of residential management — marketing, screening, collections, and maintenance — on the AppFolio platform in order to insure prompt and professional service to your property. Thousands of rentals are advertised daily on the internet, and Signature brings the institutional-grade systems that broker Brandon Roberts, a past president of the Las Vegas Realtors, has built into the company. Keep in mind that its pricing is not published online.

Key metrics
Year founded
2013
Monthly management pricing
Not publicly available. Contact for more info.
Tenant placement fee
Not publicly available. Contact for more info.
Lease renewal cost
Not publicly available. Contact for more info.
Portfolio size
Not publicly available
Property types managed
Single-family homes, condos, luxury and high-rise
Eviction handling
Handled as part of full-service management

Visit website →

Know the Rules

Nevada Rules Every Las Vegas Landlord Should Know

No Rent Control

Nevada has no statewide rent cap; increases are allowed with proper notice.

60-Day Notice

Rent increases require 60 days’ written notice on a monthly tenancy.

Deposit Cap: 3 Months

Security deposits are capped at three months’ rent, returned within 30 days.

During the hopefully pleasant and profitable period of renting out your Las Vegas home, one needs to bear in mind that Nevada keeps refining its rules, and the ones below come up on real properties every single week.

Nevada Has No Statewide Rent Cap

Unlike California and a handful of other states, Nevada does not impose any limit on how much you can raise the rent. What the law does regulate is notice: on a month-to-month tenancy you must give at least 60 days of written notice before an increase takes effect, and 30 days for periodic tenancies shorter than a month. The date that governs is the effective date of the increase, not the day the notice goes out. There are no local rent-control ordinances in Las Vegas or Clark County either, so the ceiling is set by the market rather than a statute.

Managers Must Be Licensed and Permitted

Nevada is stricter than many states on who may manage property for others. Anyone managing rentals for a fee must hold a Nevada real estate license and a separate property-management permit, working under a licensed broker. Before you sign, confirm that the person handling your home actually holds both credentials — a manager operating without them puts your leases and your liability at risk. Getting the paperwork or the licensing wrong is where owners get into trouble.

Deposits Are Capped and the Clock Is 30 Days

Under NRS 118A, security deposits are limited to three months’ rent. Either way, the deposit or an itemized statement of deductions must be returned within 30 days of move-out, and every deduction beyond normal wear and tear needs receipts or estimates behind it. Nevada also requires 24 hours’ notice before a landlord may enter an occupied unit.

What Fees Should You Expect?

What kind of fees should you expect? The most common and broadest fees are the property management fee, a setup fee, and an optional leasing fee. Monthly management fees in Las Vegas typically range from 6-10% of collected rent on a property. Make sure you understand the potential fees included and excluded from your property management agreement. Once you review those details, make an apples-to-apples comparison between property management companies. Lower fees sound great until you find yourself spending a fortune on additional services that were not included in their baseline pricing.

Be wary of pricing that seems too good to be true. All fee agreements are negotiable. Before diving in, try negotiating the most affordable rate possible from the company that is number one on your list.

“Lower fees sound great until you find yourself spending a fortune on additional services that were not included in their baseline pricing.”

Rental homes in Las Vegas

A Few Tips From the Field

Just about every homeowner has heard some kind of horror story from a friend, neighbor, or family member about a renter and pet situation that went awry. As soon as they hear that an applicant has a pet, the mind can tend to conjure up images of destroyed yards, urine soaked carpets, and smells that will linger for years. Not saying these kinds of things do not happen, but this occurrence is not the norm. Many renters in Las Vegas are seeking pet friendly rental residences, and if you want to rent your home quickly, you need to appeal to the largest market share that you can. At Utopia Management we ask for an additional pet deposit and rent from our tenants with pets. There are plenty of ways to safeguard your home and investment, and less vacancy means more money in your pocket.

For an owner, vacant time is lost rent. One of the best ways to ensure the least amount of time between the lull of having your rental property vacant and rented again is to start advertising as soon as you get a notice from your tenant. Getting a jump on letting the world know your home is going to be available in the coming month will give you extra time to find a new occupant. Do not have the time to begin the advertising process? This would be a good time to start seeking a property management company to get the process started for you.

A Few Questions Before You Sign

While choosing an affordable property management team is important, the last thing you want to do is choose a property manager based solely on the lowest price. From marketing the property effectively to collecting and maintaining payment records ethically, it is important to do your homework to avoid the risk of hiring the wrong company to oversee one of your most valuable assets. Ask how they handle Nevada’s 60-day rent-increase notice and whether they hold the required real estate license and property-management permit. Ask whether maintenance is in-house or subcontracted. Having to make this difficult decision can be very confusing; however, after keeping these important tips in mind, choose the property management company that at the end of the day you would be happy to work with.

Common Questions

Frequently Asked Questions

How much do property managers charge in Las Vegas?+
Typically 6–10% of collected monthly rent, plus separate placement, renewal, and setup fees. Always compare the all-in cost, not just the headline percentage.
Do you need a license to manage property in Nevada?+
Yes. Managing rentals for a fee is a licensed real estate activity in Nevada, so a manager must hold a state real estate license and work under a designated broker.
How much can I raise the rent in 2026?+
Nevada has no rent cap, so there is no percentage limit. You must give at least 60 days’ written notice before an increase on a month-to-month tenancy (30 days for shorter periods).
Do Nevada property managers need a license?+
Yes — and beyond the real estate license, a manager must also hold a separate property-management permit and operate under a licensed broker before handling your home.
How long do I have to return a security deposit?+
30 days from move-out in Nevada, with an itemized statement and receipts for any deduction beyond normal wear and tear.
How much can I collect as a deposit?+
Up to three months’ rent under NRS 118A, returned with an itemized statement within 30 days of move-out.
Do application fees have to be refunded in Nevada?+
Under 2025’s AB 121, listings must disclose all-inclusive rent and offer at least one fee-free payment method, and any unused portion of an application fee must be refunded to applicants who are not selected.
Is hiring a property manager worth it?+
For most owners, yes. A good manager leases faster, keeps you compliant with rules that change yearly, and turns day-to-day management into a passive investment.

Let’s Talk

Now that we have given you our list, you may have more questions that we would be happy to answer personally. You can call our Las Vegas office at (702) 745-1111 or e-mail us at lasvegas@utopiamanagement.com and we will be happy to assist you.

2300 West Sahara Ave Suite 800, Las Vegas, NV 89102  •  Open 24 hours, Monday–Sunday

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  • K
    Kase Weston
    5 out of 5

    I love how dependable Utopia Property Management is. Maintenance happens promptly, rent collection remains…

  • F
    Finnick Turner
    5 out of 5

    Utopia Property Management made property ownership enjoyable and rewarding. I see stable income, happy…

  • B
    Brantley Hall
    5 out of 5

    I feel stress-free with Utopia Property Management. Daily operations, tenant concerns, and maintenance…

  • C
    Cullen Briggs
    5 out of 5

    Utopia Property Management ensures every detail gets attention. I maintained high-quality units, kept tenants…

  • E
    Ellis Henry
    5 out of 5

    I gained real peace of mind with Utopia Property Management. Emergency repairs, regular inspections, and…

  • R
    Rhodes Walker
    5 out of 5

    Utopia Property Management keeps everything running perfectly. I resolved tenant issues quickly, coordinated…

  • S
    Shepherd Miles
    5 out of 5

    I enjoy working with Utopia Property Management. Rent collection runs reliably, repairs occur promptly, and…

  • J
    Judson Hale
    5 out of 5

    Utopia Property Management turned property management into a smooth experience. I handled tasks efficiently,…

  • H
    Holt Anderson
    5 out of 5

    I feel confident in my investments thanks to Utopia Property Management. Inspections, preventive maintenance,…

  • L
    Lawson Barrett
    5 out of 5

    Tenant relations became positive and easy with Utopia Property Management. I addressed concerns quickly, kept…

  • F
    Flynn Rivers
    5 out of 5

    I trust Utopia Property Management completely. Leasing, maintenance, and rent collection occur seamlessly,…

  • Z
    Zayne Marshall
    5 out of 5

    Utopia Property Management improved tenant happiness noticeably. I responded to requests easily, repairs…

  • T
    Tate Emerson
    5 out of 5

    I love how organized Utopia Property Management keeps everything. Financial statements arrive on time,…

  • R
    Ryker Boone
    5 out of 5

    Utopia Property Management exceeded my expectations. I handled leasing effortlessly, units stayed occupied,…

  • R
    Rylan Hayes
    5 out of 5

    I feel fully supported with Utopia Property Management. Maintenance happens promptly, tenants communicate…

  • R
    River Brooks
    5 out of 5

    Utopia Property Management made ownership enjoyable. I experienced seamless rent collection, quick…

  • L
    Ledger Scott
    5 out of 5

    Attention to detail defines Utopia Property Management. Inspections, maintenance, and reporting are all…

  • B
    Briggs Hunter
    5 out of 5

    Utopia Property Management delivers outstanding care for every property. Communication stays prompt, issues…

  • B
    Bowen Briggs
    5 out of 5

    Utopia Property Management enhances property value and tenant experience simultaneously. Well-maintained…

  • G
    Griffin Hayes
    5 out of 5

    Clear reporting and transparency make Utopia Property Management stand out. Monthly statements are easy to…

  • L
    Lennox Carter
    5 out of 5

    Working with Utopia Property Management feels collaborative. Recommendations are thoughtful, and property…

  • A
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    5 out of 5

    Utopia Property Management’s proactive approach prevents small problems from turning into major issues.…

  • Z
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    5 out of 5

    Trustworthy service is the hallmark of Utopia Property Management. Every promise is kept, creating confidence…

  • C
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    5 out of 5

    Utopia Property Management reduces vacancy periods with effective marketing and strategic tenant placement.…

  • R
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    Professionalism shines in every interaction with Utopia Property Management. Their team handles challenges…

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