Expertise.com
2024

Last updated:

Best Property Management Companies in Indianapolis

Our Recommended Top 18

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Indianapolis Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

174

Reviewed

111

Curated

18

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

38 W Main Street, Carmel, IN 46032
WebsiteLicense: RB21002348

Expertise.com Rating

Review Sources

Google
5.0 (30)
Facebook
5.0 (3)

Why choose this provider?

Keyrenter Property Management Indianapolis North is a veteran-owned company that professionally manages rental properties on behalf of owners. Its team manages various properties across Indianapolis, Hamilton County, and Zionsville including single-family homes, condominiums, townhouses, and apartments. Its responsibilities cover pricing and marketing properties, screening potential tenants, drafting leases, dealing with accounting tasks, and addressing maintenance requests. Keyrenter stays up-to-date on the industry's best practices through its association with the National Association of Residential Property Managers.

  • Full Property Management
  • Manage Rental Property
  • Property Manager
  • Residential Property Management
  • Property Management
  • Property Management Company
  • Rent collection
  • Rental Management
  • Tenant Management/Customer Service

2795 E Thompson Road, Indianapolis, IN 46227

Expertise.com Rating

Review Sources

Google
4.0 (203)
Facebook
4.1 (44)
Yelp
3.2 (9)

Why choose this provider?

ES Property Management caters to landlords, tenants, and Realtors in the Indianapolis metro. Its team manages residential properties, from single-family homes and townhouses to condos. Services offered include marketing, tenant screening, and property inspections. By employing a risk-based management methodology, the agency helps improve cash flow and increase asset value in the long run. ES Property Management is a NARPM member and comprises professionals with over 35 years of experience as real estate developers and construction managers.

  • Maintenance
  • Marketing
  • Tenant Screening

5703 S East St Ste A, Indianapolis, IN 46227

Expertise.com Rating

Review Sources

Google
4.7 (93)
Facebook
1.8 (6)
Yelp
5.0 (2)

Why choose this provider?

Evergrow Property Management has over 2 decades of experience in residential property management services in the Indianapolis and surrounding areas. The company's team provides its services for a flat $79 monthly rate and takes over tasks such as marketing, lease negotiations, rent collection, maintenance, unit turns, accounting, reporting, and property inspections. Additionally, the company acts as the main point-of-contact for tenants, handling all emergencies and maintenance requests. In 2020, Evergrow Property Management was named one of the Best Property Management Companies in Indianapolis by PropertyManagement.com. Evergrow Property Management is a licensed Indiana Real Estate Brokerage.

  • Maintenance
  • Marketing
  • Collection

8070 Castleton Rd., Indianapolis, IN 46250

Expertise.com Rating

Review Sources

Google
4.8 (25)

Why choose this provider?

IndyFlippers, LLC, is a full-service property management company that has been serving property owners, investors, and tenants throughout the Indianapolis metro and surrounding areas for 12 years. It specializes in managing rental properties and handles monthly receiving payments and rent notifications. It utilizes Buildium—a cloud-based property management software tool that allows tenants and owners to view financial reports and portfolios. IndyFlippers uses various online platforms, such as Apartment List, Hotpads, and Lovely, to promote and advertise the property.

  • Rent collection
  • Property Maintenance

9783 E 116th St. Suite 226, Fishers, IN 47305

Expertise.com Rating

Review Sources

Google
4.9 (35)
Yelp
5.0 (1)

Why choose this provider?

Golden Sky Management provides comprehensive rental solutions to homeowners and real estate investors in Indianapolis and the surrounding metros. The company offers full-service property management services with the goal of increasing the investment property’s value while also providing achieving tenant satisfaction. Services include online marketing, tenant screening and placement, lease preparation, rent collection, maintenance, and lease enforcement. It also deals with tenant notices and evictions. The company has been in business for six years and currently manages more than 80 rental properties.

  • Marketing
  • Leasing
  • Tenant Screening

6352 Airway Dr, Indianapolis, IN 46241

Expertise.com Rating

Review Sources

Google
4.9 (13)

Why choose this provider?

Reid Properties LLC has more than 20 years of experience in providing property management services in Indianapolis. The company is focused on managing residential rental properties, including single-family homes, townhomes, Commercial Apartment complexes, and duplexes. Its team of management professionals handles all aspects of the leasing process, including marketing, and tenant screening. Once tenants have moved in, Reid Properties LLC acts as their main point-of-contact, accepting maintenance requests, collecting rent, and communicating any important information on behalf of the owner.

  • Maintenance
  • Accounting Services

735 Shelby St Suite 40, Indianapolis, IN 46203

Expertise.com Rating

Why choose this provider?

Intrigue Indy has been providing property management and real estate services to Indianapolis clients since 2018. It takes care of leasing duplexes, single-family and multi-family homes, and commercial buildings through website and social media marketing, tenant screening, and handling inquiries and showing requests. Its team manages properties, covering billing and financial reporting and tenant transitioning. It also serves as a 24/7 tenant contact point for payments and maintenance requests in partnership with a network of contractors and technicians.

  • Tenant Screening
  • Rent collection

760 E 52nd St, Indianapolis, IN 46205

Expertise.com Rating

Review Sources

Yelp
4.0 (30)
Facebook
4.2 (11)

Why choose this provider?

T&H Realty Services, Inc. is a firm of property managers in Indianapolis. It's a full-service company with over 250 years of combined experience that focuses on single-family properties. The firm conducts detailed analyses of the rental market and assists clients in getting the best prices for their rental properties, while its marketing services bring landlords the largest pool of potential renters. It also conducts numerous inspections and screens all potential tenants, performing background checks, credit reports, and interviews with previous landlords.

  • Maintenance
  • Tenant Screening

1075 Broad Ripple Ave Ste 136, Indianapolis, IN 46220

Expertise.com Rating

Review Sources

Yelp
5.0 (5)

Why choose this provider?

Triple E Realty & Property Management is a company that has been serving investors, home buyers and sellers, and rental property owners in Indianapolis and surrounding areas since 2002. It writes accounting statements, screens tenants, conducts inspections and maintenance, and handles evictions. The business uses advertising methods and websites in marketing properties. It also offers other services such as year-end tax expense preparation and full-scale renovation. Triple E Realty & Property Management provides one-on-one coaching sessions for new investors.

  • Maintenance
  • Marketing
  • Leasing

333 N Alabama St Suite 350, Indianapolis, IN 46204

Expertise.com Rating

Review Sources

Facebook
5.0 (10)
Google
3.4 (7)

Why choose this provider?

Green Light Property Management is a Bedford-based company that serves property owners and landlords in Indianapolis. It provides virtual tours, including video showcases and 360 VR open houses, for all kinds of residential property listings. The types of properties it offers and manages include single-family houses, condominiums, duplexes, and multi-resident complexes. The company screens all tenant applicants and oversees their move-in and move-out sessions. It also advises owners on evictions. The company was established in 2014 by two real estate investors who have remodeled and renovated multiple houses.

  • Tenant Screening
  • Rent collection

2325 Pointe Pkwy Ste 250, Carmel, IN 46032

Expertise.com Rating

Review Sources

Yelp
1.5 (7)

Why choose this provider?

RENU Property Management Central Indiana is a full-service property management company serving the Indianapolis area. The company is fully equipped in helping investors efficiently manage and lease their investment properties. Its property management includes tenant screening, online rent collection, 24/7 emergency maintenance, full-service maintenance, and eviction. RENU Property Management Central Indiana also helps investors buy and renovate income-producing properties. The company was acknowledged by past clients for following through and keeping them well informed every step of the way.

  • Maintenance
  • Marketing
  • Collection

8633 East 46th Street, Indianapolis, IN 46226

Expertise.com Rating

Review Sources

Google
4.1 (7)

Why choose this provider?

Renaissance Property Management is a locally owned and operated business serving Indianapolis. For more than 20 years, it has been providing property management services for apartment buildings, single-family homes, and mid-size apartment communities. Aside from managing the renting process for owners, its team also helps tenants find a home that fits their needs through extensive knowledge in the property market. In addition, the company presents apartment complexes that have security cameras and on-site laundry spaces.

  • Rent collection

60 North Brown Avenue, Terre Haute, IN 47803

Expertise.com Rating

Review Sources

Google
4.6 (67)
Facebook
5.0 (12)

Why choose this provider?

Stone Realty Property Management offers its services to property owners in Indianapolis and the surrounding areas. These include property marketing, tenant screening, rent collection, financial reporting, and property inspection. The agency also provides legal guidance involving fair housing guidelines and local ordinances. Management packages dedicated to maximizing monthly earnings are available as well. Interested tenants can apply for available rental units through its digital application process. Previous clients have praised the team for their professionalism and prompt assistance.

  • Marketing

4040 S Meridian St, Suite 19, Indianapolis, IN 46217

Expertise.com Rating

Review Sources

Google
3.7 (42)
Facebook
5.0 (9)

Why choose this provider?

Compass Property Management LLC provides Indianapolis with services that include rent collection, mortgage and bill payment, provision and supervision of maintenance services, and supervision of and assistance to resident managers. It specializes in condos, single family homes, small apartment buildings, and town homes. It provides contract administration, accounting, and leasing services, working with local, institutional, and out of state clients. Its team combines real-world knowledge with experience to maximize clients’ income and minimize their expenses.

  • Tenant Screening
  • Property Maintenance

971 North Haugh Street, Indianopolis, IN 46222

Expertise.com Rating

Why choose this provider?

BHB Group is a full-service real estate and property management company located in the center of Indianapolis. Its property management services include maintenance, rent collections, and evictions. The company also assists home buyers and renters. BHB Group supports community organizations like the National Alliance to End Homelessness and Habitat for Humanity. The company is co-founded in 1993 by broker Larry Tracy, who was a firefighter with a vision for the community. One customer appreciated his adequate knowledge of the rental market.

  • Property Maintenance
  • Rent collection

3002 E 56th Street, Indianapolis, IN 46220

Expertise.com Rating

Review Sources

Google
4.0 (211)
Yelp
1.3 (11)

Why choose this provider?

Ardsley Management is a locally owned and operated property management company that has been serving Indianapolis since 1984. Focusing primarily on condominiums and HOAs, the company aims to provide simple, effective, and professional property management services by taking care of matters such as bookkeeping, vendor management, property inspections, financial reporting, and general property maintenance. It also provides routine and emergency phone service for its clients 24/7. Ardsley Management is an affiliate member of The Community Associations Institute.

  • Rent collection

15275 Stony Creek Way Ste A1, Indianapolis, IN 46060

Expertise.com Rating

Review Sources

Google
4.5 (361)
Facebook
2.7 (10)

Why choose this provider?

PMI Indianapolis is a company that offers full-service property management solutions to owners and tenants in the area. It is staffed by a full team of skilled professionals who aim to help property owners enjoy the benefits of ownership by taking care of rental management matters such as advertising to and evaluating potential tenants, enforcing lease agreements, and providing monthly financial statements. It has a network of vetted vendors that handle emergency maintenance requests 24/7. PMI Indianapolis is part of a larger franchise that has been in the business for more than 20 years.

  • Tenant Screening

600 East Carmel Suite 114, Carmel Indiana, IN 46032

Expertise.com Rating

Review Sources

Google
4.3 (321)
Yelp
3.5 (7)

Why choose this provider?

CRM Properties Inc. offers professional property management services in Indianapolis and throughout Central Indiana. One of the most trusted property management firms in the area, CRM Properties Inc. has more than a decade of experience in the industry. The staff is specially trained, has licensed real estate agents, and members of the National Association of Residential Property Managers. Services include marketing properties, tenant screening, inspections, maintenance, lease compliance, and reporting.

  • Maintenance
  • Marketing
  • Accounting Services

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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