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Property Management benchmarks

Property Management KPI benchmarks.

Property management benchmarks across residential and commercial portfolios. Renewal rate, ancillary revenue, and OpEx ratio drive economics.

Sourced from
  • · SaaS Capital
  • · OpenView Partners
  • · KeyBanc
  • · McKinsey
  • · IBISWorld
  • · SAZ engagement aggregates
6 benchmarks

Compare your numbers.

Each row shows the typical range across the industry, the median, and the top-quartile threshold.

Profitability
MetricTypical rangeMedianTop quartile
Gross margin
32–55%42% 55%+
OpEx as % of rental revenue
32–48%38% < 32%
Retention
MetricTypical rangeMedianTop quartile
Renewal rate (annual, residential)
52–82%68% 85%+
Tenant NPS
15–4830 55+
Sales
MetricTypical rangeMedianTop quartile
Ancillary revenue per unit / yr
$180–$1,200$520 $1,500+
Productivity
MetricTypical rangeMedianTop quartile
Avg. days vacancy (between tenants)
12–45 days24 days < 14 days
Property Management benchmarks

Where do you stand against property management top quartile?

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