The 10 Best Property Management Companies in Las Vegas

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 27 offices across five states, 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, it helps reduce the cost of an eviction by offsetting eviction-related legal fees such as attorney and court filing costs, though it does not cover every fee.

First and foremost, Black & Cherry Real Estate is knowledgeable of the local market. The firm has been working the Las Vegas valley since 2004 and manages more than 2,000 homes, condos, and apartments 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.

Triumph Property Management has been in business since 2003 by BBB record, 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 more than a thousand homes under management and a clean fee sheet say a great deal about how a company treats its owners. Keep in mind that if the home is not leased within ninety days at fair market value, you can cancel without any cancellation fee.

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 by Wasim Faranesh, and charges 7% of collected rent with free professional photography, no fee until a tenant is placed, and zero cancellation fees. 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.

Shelter Realty has been building its book of business since 2009 and manages more than 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 tenant-placement fee — plus a $400 referral when an outside agent brings the tenant — and a $100 renewal, with the setup fee waived and no maintenance coordination fees. 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 houses tend to rent in under 30 days and condos in under 45, so budget for a short marketing window.

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.

GoldenWest Management is a Las Vegas manager, in business since 2004 with additional offices in Arizona and California, that handles single-family homes, condos, and mid-size apartment complexes. A management company with a transparent fee structure is one that can protect your return, and GoldenWest charges 8% with no leasing, marketing, or renewal fees across its 1,000-plus units. 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 directories list a $295 one-time setup fee, so confirm it when you call.

Avalon Realty and Oaktree Management is a residential-focused organization that has served the valley since 1993 and 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 its pricing page is easy to miss — full service starts at 8%, leasing runs half a month’s rent, renewals are $200, and an $8-a-month eviction-protection plan sits alongside a 12-month tenant guarantee.

Key Property Management serves Las Vegas owners and traces its start back more than twenty-five years, making it one of the valley’s larger independent books at 1,675-plus properties. An ongoing proactive program to keep a property maintained is central to protecting an investment, and no-upcharge repairs paired with a 45-day leasing guarantee are the heart of how Key operates across its portfolio. For an owner who values a lean fee sheet — no upfront fees, no cancellation fees, no charges while a home sits vacant, and no eviction fees — Key is a natural fit. Keep in mind that the exact rate inside the 5-8% range is quoted per property, so ask where yours lands.

Evernest has been in business since 2008, making it one of the more technology-forward firms on this list and serving Las Vegas owners across single-family homes and small multifamily. The firm handles the full range of residential management — marketing, screening, collections, and maintenance — on its national platform in order to insure prompt and professional service to your property. Thousands of rentals are advertised daily on the internet, and Evernest pairs that reach with a fully published fee sheet: 10% of rent capped at $199 a month, placement at half a month’s rent, and a $250 renewal. Keep in mind that it is a national operator rather than a homegrown Vegas shop, and its nationwide reviews are polarized.