Full-Service Philadelphia Property Management Near You
Looking for the best property management company in Philadelphia? At Bay Property Management Group, we specialize in residential and multi-family property management, as well as HOA management, delivering unmatched expertise in asset protection and revenue maximization for property owners like you. Whether you’re a landlord managing a few properties or a seasoned investor with a robust real estate portfolio, our team is here to provide the professional support you need to succeed. No matter what your situation, it’s important to know just what to look for in professional property management services.
What to Look for in a Philadelphia Property Management Company
When you’re looking for a professional property management company in Philadelphia, the first thing to pay attention to is experience. A good manager should understand rental trends in the area, including pricing, demand, and neighborhood differences. They should be comfortable advising you on things like fair rental value, marketing strategies, and how to keep your property competitive.
You’ll also want to look closely at how they handle day-to-day operations. Screening processes, lease management, rent collection, and maintenance coordination are all part of the job when you hire a property management company in Philadelphia. A strong property manager should have clear systems in place for handling applications, documenting leases, and responding to repair requests. Communication is a big part of it all.
You should also consider the company’s approach to protecting your investment. That includes keeping the property occupied, minimizing turnover costs, and helping you make smart decisions about upgrades or repairs. A well-run Philadelphia property management company should be transparent about their own fees and reporting, realistic about income being generated, and work with you to optimize the entire process.
At Bay Property Management Group, these are exactly the principles we’ve built our business around. We offer:
- 16 years professional property management experience
- Over 8000 units under management across 5 markets
- Less than 1% eviction rate
- An average of 24 days on market for our listings
That combination of experience and performance is what many owners are looking for when choosing a Philadelphia property management company that they can partner with for the long-term.
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Your Philadelphia Property Management Office
The Best Philadelphia Property Management Company Near You
Your Local BMG Philadelphia Property Management Office is Located at
1080 N Delaware Ave, #506
Philadelphia, PA 19125
We’re Located In the Northern Liberties neighborhood, just down from the Penn Treaty Park and the Rivers Casino.
Areas We Serve near Philadelphia
Center City – Kensington – Fishtown – Northern Liberties – Rittenhouse Square – South Philadelphia – Germantown – Roxborough-Manayunk – University City – West Philadelphia – Harrowgate – Frankford – Chinatown – Midtown Village – Queen Village – Temple University – Fairmount – Bucks County – Delaware County – Chester County – Montgomery County
Best Property Management Near You
Address:
1080 N Delaware Ave, #506
Philadelphia, PA 19125
Phone: (267) 244-7215
Philadelphia Property Management Laws and Requirements
Owning a rental property in Philadelphia comes with a few additional rules compared to many other cities. Pennsylvania has statewide landlord-tenant laws, but Philadelphia adds its own local requirements that landlords have to follow before renting out a property. These rules mostly focus on safety, licensing, and tenant protections.
Philadelphia’s system is designed to confirm that rental homes meet basic housing standards and that landlords are registered with the city. In most cases, owners must obtain a rental license and keep the property in compliance with local safety codes. The city also requires landlords to share certain information with tenants and participate in programs that support dispute resolution before eviction filings. Here is a breakdown of some of the basics.
- Rental license requirement – Landlords must obtain a Philadelphia rental license before renting out a property.
- Certificate of Rental Suitability – This document confirms the property meets basic safety and habitability standards and must be provided to tenants.
- Lead paint disclosure – Homes built before 1978 may require lead safety certification and disclosure to tenants.
- Landlord registration – Property owners must register with the city and keep contact information current.
- Eviction diversion program – In many situations, landlords must participate in Philadelphia’s eviction diversion program. Get to know the eviction laws and process in Pennsylvania before it is too late.
The State of the Philly Rental Market
The Philadelphia rental market in 2026 is showing positive signs, ones that investors should note. Rents have leveled out in many parts of the city, with new apartment developments being added on a regular basis. Median rent in the region sits around the $1,900 range depending on the source and property type, while average rents for apartments hover around $1,980 citywide. Overall, the market isn’t experiencing the rapid spikes seen earlier in the decade, but it’s also not collapsing. It is finding stability.
Another factor shaping the Philadelphia rental market is vacancy and tenant mobility. Vacancy rates around the Philadelphia area are regularly around 6-8 percent, which is typically considered a balanced rental market where neither landlords nor tenants have a strong advantage. Properties are still leasing, but landlords often need competitive pricing and strong marketing to keep units filled.
At the same time, Philadelphia continues to attract renters who are priced out of larger coastal cities. Compared with markets like New York or Washington, D.C., Philadelphia remains relatively affordable while still offering a lot of things that people want, such as solid job growth and walkable neighborhoods. This dynamic keeps demand steady across many neighborhoods. Here are a few highlights.
Center City
High demand from professionals and students keeps rents strong, especially for modern apartments and walkable living. This makes Center City property a nice fit for many.
Fishtown
This is one of the city’s trendiest neighborhoods, with strong renter demand tied to nightlife, new development, and proximity to downtown. As one of the premier Fishtown property management companies, we know a thing or two about how popular that area can be.
Northern Liberties
This is a growing area with luxury apartments and amenities that attract younger renters and professionals. Our Northern Liberties property management services support a steady stream of tenants moving into that neighborhood.
Temple University
There is consistent rental demand in this area due to nearby universities and hospitals, making it a stable investment area for those looking for rental property in the Temple University region.
Are You Ready to Get Started with a Philadelphia property manager?
If you’re ready to take your real estate investments to the next level, call Bay Property Management Group today. Let’s discuss how we can streamline your property management and help you earn more from your Philadelphia rental properties.
Experience the difference with Bay Property Management Group, your trusted partner for Philadelphia property management services.
Why Choose Our Philadelphia Property Management Company?
How Much Do Property Managers Charge?
Bay Property Management Group Philadelphia will assist you with all of your property management needs from A to Z.
Property Management Fees:
- Property Management Fee of 5-8%
- Leasing Fee of 1st Month’s Rent
- Lease Renewal Fee of 10% of One Month’s Rent
- Rental License Supervisory Fee of $199 Per Property
What Do Our Philadelphia Property Managers Offer?
24/7 EMERGENCY MAINTENANCE
Tenants and owners benefit from our 24/7 emergency maintenance services. This service ensures that no issue goes unaddressed. Whether it is 3 a.m. or 3 p.m., our on-call service is always available. Our after-hours maintenance coordinator is ready to help, any time of day or night. Your dedicated property manager will work to determine repair responsibilities to ensure prompt and efficient property maintenance.
AFFORDABLE MONTHLY FEE
Our Philadelphia property management company offers the lowest monthly management fees in the area, ranging from 5%-8%. We also provide full transparency with monthly financial reporting and real-time owner portals to check your account at any time. Our increased efficiency allows us to offer the best possible ROI for our owners.
6-MONTH TENANT PLACEMENT WARRANTY
We are a Philadelphia property management company with an eviction rate of less than 1%. We are so confident in our ability to place qualified tenants in your rental property, we back it up with a 6 month tenant placement guarantee. If your tenant is evicted for non-payment within 6 months of placement, we will re-lease your property for free.
BROKER-OWNED AND LOCALLY OPERATED
Our Philadelphia property management company is locally owned and operated by Patrick Freeze and Dana Anderson, with a combined property management experience of over 25 years. They offer a deep love for Philadelphia and bring their local expertise to work for you. They work to protect your investment as we understand the local Philadelphia property management laws.
30-DAY LEASING AVERAGE
Vacancy is an expense that rental property owners cannot afford! That’s why our dedicated leasing teach uses leading marketing techniques to professionally list and syndicate your property for maximum visibility in the Philadelphia rental market. On average, our aggressive approach to finding qualified tenants takes less than 30 days on the market.
TENANT RETENTION
For us, the mark of a job well done is our ability to retain tenants and owners alike. We’re grateful to our entire community of clients, many of whom stick with us for years and help us meet average tenant retention rate of 80% across all markets. We work with tenants and handle tenant concerns while maintaining your best interest for your real estate holding
FULL SERVICE PROPERTY MANAGEMENT
Our Philadelphia team consists of seasoned industry professionals who excel in every aspect of property management. From designing rental cycles tailored to your needs and ensuring top-notch property maintenance to thorough tenant screening, leasing, and strategic marketing, we handle it all. Our mission is to simplify every tenant-related process, making property ownership effortless for you. With a focus on exceptional customer service, our property managers are always available—whether by phone, email, or text—to provide the support and solutions you need, whenever you need them and ensure positive landlord-tenant relationships.
Customer
Testimonials
Please take a moment to read reviews of our many satisfied clients.
Choosing a Property Management Company in Philadelphia
If you’re planning to invest in rental properties, partnering with the best Philadelphia property management company near you, like Bay Property Management Group, is a smart move. Hiring a professional team will not only save you the time and hassle of managing rental properties but also free up your energy to focus on other priorities, including pursuing additional investment opportunities. It can feel overwhelming, especially with so many service providers to choose from. To help you make the right decision, consider the following key factors when selecting a property management company in Philadelphia.
Experience
When it comes to managing your Philadelphia rental property, you want to work with the best… not the amateurs. Studies show that property management adds value, especially for older buildings or when there are many units to manage. They have the ability to effectively market your property, attract qualified tenants, and minimize vacancy periods. It takes experience to know how to do that, especially when unique markets that can have their own quirks. By partnering with an experienced team, you’ll ensure your property is in the best hands and positioned for maximum success.
Customer Service
When searching for the best property management company in Philadelphia to manage your homes or apartments, exceptional customer service should be a top priority. You need a Philadelphia property management company that listens to your needs, understands your goals, and promptly addresses any concerns you have about your investment property. And they also need to be attentive to your tenants. The best property management companies offer 24/7 customer service, making sure there’s always someone available to assist you or handle emergencies, no matter the time of day or night. Choosing a company with around-the-clock support guarantees peace of mind.
Transparent and Competitive Fees
Hiring a company should not mean that your investment isn’t sound. Property management should allow you to scale and make even more money with all the fees and costs accounted for. And everything should be done in a transparent fashion so that every dollar is accounted for.
At Bay Property Management Group Philadelphia, we pride ourselves on offering clear and transparent property management fees, typically ranging from just 5-8%. This competitive rate is well below the 10% or more charged by most other companies in the area, allowing you to keep more of your rental income and improve your overall ROI.
In addition to offering the best fees in Philadelphia, we partner with trusted local vendors to provide high-quality services at the most competitive pricing available. From maintenance and repairs to property upgrades, these partnerships allow us to pass on cost savings directly to you, further maximizing the profitability of your investment.
When you choose Bay Property Management Group, you’re partnering with a team that’s committed to delivering the best property management services in Philadelphia while keeping costs low and improving your returns. Contact us today to learn how we can help you achieve your investment goals!
Moving to Philadelphia?
If you are planning a move to Philadelphia, there are plenty of nice things in store. Philly is one of the largest and most populous cities in the United States. It boasts a vibrant economy that is not only strong but constantly developing. Some great economic sectors there include financial services, healthcare, manufacturing, petroleum, education, and biotechnology, among others. Furthermore, it has numerous tourist attractions and affordable housing. Bay Property Management Group Philadelphia offers rental property management throughout the Philadelphia area including Center City, Kensington and Fishtown, as well as South Philly and Roxborough-Manayunk.
Philadelphia Property Management Leadership Team
Dana Anderson
President
Email: [email protected]Phone Number: (267) 244-7215 ext 26150
Kandice Salazar
Director of Operations
Email: [email protected]Phone Number: 267-244-7215
Justin Nattrass
Director of Business Development
Email: [email protected]Phone Number: (267) 244-7215
Robert Schwartz
Director of Property Management
Email: [email protected]Phone Number: (267) 244-7215 ext 26152
Kevin Shishko
Director of Leasing
Email: [email protected]Phone Number: (267) 244-7215 ext 26153
Our Philadelphia Property Management Onboarding Process
Getting started with Bay Property Management Group is straightforward. Here’s how the process works from your first call to your first month statement.
Step 1: Initial Contact
Reach out by phone or through our website, and a member of our business development team will follow up within 24 hours — often the same day. That conversation covers your property management goals, your property’s location, condition, and amenities, and helps us determine a competitive rental rate. We will also review any compliance requirements, such as a Philadelphia rental license, lead-paint certification, or a Certificate of Rental Suitability.
Step 2: Signing and Setup
Once the management agreement is signed, we collect your keys, enter your property into our system, and assign you a dedicated property manager who will reach out directly to get the next steps underway.
Step 3: Getting Your Property Rent-Ready
For vacant properties, our leasing team conducts a rent-readiness assessment, gathers professional photos, and writes a marketing description. Your property is then listed across our syndicated rental platforms and assigned to a dedicated leasing agent, who will provide you with links to your live listings and weekly updates on showing activity, market feedback, and pricing recommendations to get your unit leased quickly and profitably.
Step 4: Ongoing Management
Once a tenant is placed, your dedicated property manager becomes the single point of contact for both you and your tenant. You’ll receive monthly owner statements from our accounting team and have 24/7 access to your real-time owner portal, where you can monitor rent collection, maintenance activity, and financial reporting at any time.
Frequently Asked Questions About Property Management in Philadelphia
How Do Philadelphia Property Managers Determine Rental Rates?
Accurate pricing is critical in neighborhoods like:
- Center City Philadelphia
- Fishtown
- University City
- Northeast Philadelphia
- South Philadelphia
Our leasing team will analyze multiple variable to determine the best listing rate for your rental property
- Comparable rentals (active & recently leased)
- Local vacancy rates
- Seasonal trends
- Property condition & upgrades
- Proximity to transit, universities, and employers
- Pricing too high leads to extended vacancy.
Pricing too low reduces ROI. Strategic pricing minimizes vacancy while maximizing rental income.
How long does it take to rent a property in Philadelphia?
In most Philadelphia neighborhoods, well-priced and professionally marketed rentals lease within 2–4 weeks. Vacancy timelines depend on:
- Pricing accuracy
- Property condition
- Time of year (summer leasing is typically faster)
- Marketing exposure
At BMG Philadelphia we use sharp photography, syndication to major rental platforms, and a dedicated leasing agent to help your property move quickly.
How Do PHiladelphia Property Management Companies Screen Tenants?
BMG Philadelphia charges a monthly fee ranging from 5%-8% – this is lower than the average of 8%-12%
Most Philadelphia property management companies may also charge:
- Leasing or tenant placement fees
- Renewal fees
- Maintenance coordination fees
- Eviction processing fees
When comparing companies, ask for a clear breakdown of all costs. The lowest fee does not always mean the highest return.
How Much Does Philadelphia Property Management Cost?
Tenant screening is one of the most important risk-mitigation steps.
At BMG, we have a team dedicated specifically to tenant screening and they verify:
- Credit history
- Income (usually 3x monthly rent)
- Employment
- Rental history
- Eviction records
- Criminal background (in compliance with local laws)
Thorough screening reduces eviction risk and protects your investment.
What happens if a tenant stops paying rent?
If a tenant stops paying rent, your dedicated BMG property manager will:
- Enforce lease terms immediately
- Issue proper notices under Pennsylvania law
- Coordinate legal filings if necessary
- Represent your interests through the eviction process
Philadelphia has specific landlord-tenant regulations and procedural requirements. BMG offers an experienced team of property managers to ensures compliance while minimizing financial loss.
How Do Property Managers handle Maintenance Requests?
Maintenance coordination is one of the primary reasons owners hire professional management.
Typically:
- Tenants submit requests through an online portal
- Your dedicated property manager will send either an in-house technician or a licensed maintenance vendor to assess and repair the issue
- Emergency repairs are handled 24/7
- Owners approve repairs over a preset threshold
Strong vendor relationships help control costs while protecting property value.
How often will I receive updates about my rental property?
BMG offers a dedicated property manager as well as
- Monthly financial statements
- Online owner portals
- Year-end tax documentation
- Real-time maintenance updates
Clear reporting ensures you always know your property’s performance.
What makes a good Philadelphia property management company?
When choosing a property manager, look for:
- Local market expertise
- Strong online reviews
- Transparent pricing
- Clear communication systems
- Proven tenant screening processes
- Established vendor networks
- Experience managing properties in your specific neighborhood
The right company acts as a strategic partner — not just a rent collector.
Should You Hire a Property Management Company in Philadelphia?
Hiring professional rental property management makes sense if:
- You want passive income
- You live outside the Philadelphia area
- You own multiple properties
- You want legal compliance handled professionally
- You want to reduce vacancy and maximize rent
BMG is the right choice if you’re looking for a Philadelphia property management company who can help increase long-term ROI while removing the daily stress of self-management.
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So, what do you think? Let Bay Property Management Group, the best property management company near you, take the stress out of owning rental property. Save yourself time, reduce your workload, and enjoy peace of mind knowing your investment is in the capable hands of experts. Partner with Bay Property Management Group today and see why we’re the top choice for property management near you!
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