The Missouri real estate market has turned into a great location to invest in both short-term and long-term rentals. On the one hand, property prices are significantly below the national averages, which makes this market affordable even for beginner investors. On the other hand, the state is experiencing one of the strongest rates of appreciation at the moment, which means that investors will generate a strong profit in the long term.
Let Awning find the best property manager for your rental property. Simply fill out the form and Awning will find a property manager that provides the best rates and services for your property.
The 5 best property management companies in the State of Missouri are:
- HomeRiver Group: Best Overall Property Management Company in Missouri
- Frontier Property Management: Best for Single-Family and Multifamily Rentals
- SCUDO: Best for Flexible Options
- Smart Rentals: Best for Simple Pricing
- Keyrenter Property Management St. Charles: Best Large-Scale Property Manager
Meanwhile, you can check out the 5 best property management companies in Kansas City, MO.
How We Selected the Best Property Management Companies in Missouri
When ranking the best property management firms in a market, one should apply multiple factors and indications to produce reliable results.
In our selection of the top property management companies in Missouri, we focused on:
- Property management services: First and foremost, we looked for companies that deliver high-quality, full-service property management so that Missouri investors can make passive income from their rental properties.
- Property management fees and costs: We analyzed the pricing models of different property managers to select the ones with affordable rates and no hidden fees.
- Market coverage: We chose companies that work in different parts of the Missouri rental market.
- Property type coverage: We ranked companies that manage various kinds of residential properties rented out on a short-term and long-term basis to meet the needs of all investors.
- Company size and headquarters: We included both small, local and big, national property management firms as each model comes with its own pros and cons, and owners should be able to choose based on their preferences and requirements.
- Use of technology and human interventions: We made sure that selected companies use the latest technology to optimize processes without ignoring the need for human efforts in the rental industry.
- Online reviews by property owners and tenants: We checked out the average ratings of short-listed companies on reputable third-party websites and also read through individual reviews to ensure high-quality services.
- Value for money: Ultimately, we chose the 6 Missouri property managers that deliver the best value for money in the local market.
HomeRiver Group: Best Overall Property Management Company in Missouri
HomeRiver Group is the largest third-party, full-service, long-term rental property management company in the US, with a strong presence in the Missouri market. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert established the company in 2016, with headquarters in New York, NY. Currently, HomeRiver Group works with over 40,000 rental homes and more than 32,000 properties within HOA communities in 31 US states. They have been able to reach this wide geographic and property coverage by acquiring the best local property managers in each market and turning them into partners. HomeRiver Group works in Missouri through three local offices: in Columbia, Kansas City, and St. Louis. This is the best overall property management company for long-term rentals in Missouri for providing full-service management at competitive prices.
HomeRiver Group Property Management Services
HomeRiver Group offers full-service property management covering:
- Expert market analysis to maximize return on investment
- Marketing and advertising
- Extensive tenant screening
- Move-in coordination
- Rent collection
- Owner earnings distribution
- Routine property inspections
- Maintenance
- Financial reporting
- Eviction protection
HomeRiver Group Property Management Locations
The services supplied by the Missouri offices of HomeRiver Group are available in:
- Belton
- Blue Springs
- Boonville
- Columbia
- Ferguson
- Florissant
- Fulton
- Grandview
- Holts Summit
- Independence
- Jefferson City
- Kansas City
- Kingdom City
- Lees Summit
- Moberly
- Peculiar
- Platte County
- Raymore
- St. Louis
- St. Joseph
HomeRiver Group Property Types
HomeRiver Group manages single-family homes and apartments rented out on a long-term basis.
HomeRiver Group Property Management Costs
The Missouri branches of HomeRiver Group do not provide online information on the property management fees applicable in the local markets. In other locations, the company charges a mix of flat fees and percentages of rental income, in line with local trends. In all cases, fees are competitive, starting at 5% of monthly rent, especially considering the full-service property management delivered by HomeRiver Group.
Property owners can expect to have to pay a leasing fee, a monthly management fee, a lease renewal fee, and routine property inspection fees.
HomeRiver Group Property Management Terms
HomeRiver Group works with initial property management agreements of 6 or 12 months, after which month-to-month options are available too.
HomeRiver Group Property Management Reviews
More than 800 landlords and renters have written online reviews of the work of HomeRiver Group in Missouri. Their reviews show generally good experiences.
You can find HomeRiver Group reviews focused on Missouri on:
- Birdeye: Currently 3.95 stars based on 346 reviews
- Google: Currently 4.0/5 stars based on 316 reviews
Satisfied property owners and tenants highlight the outstanding services, the exceptional dedication to work, the professionalism, the incredibly skilled maintenance workers, the fast handling of maintenance requests, the punctuality, the efficiency, the thoroughness, the politeness, and the awesome team members. Dissatisfied customers talk about bad experiences, substantial property problems, sluggish implementation of required maintenance, unexpected fees, and sudden discontinuation of lease agreements.
How to Get Started with HomeRiver Group Property Management
To get started with the best overall property management company in Missouri real estate investors can submit an online form via HomeRiver Group or call 415-610-7867.
Frontier Property Management: Best for Single-Family and Multifamily Rentals
Frontier Property Management is a local, full-service property management company working with single-family and multifamily homes in St. Louis and Central Missouri. Chad Murray founded the company in 2009, with headquarters in Boonville, MO. The team strives to run their business as a ministry to serve others and to make a positive impact in the hearts and minds of those they serve. Frontier Property Management is the top property management company in Missouri for single-family and multifamily long-term rentals as they specialize in both types of properties.
Frontier Property Management Services
Frontier Property Management delivers full-service management that covers:
- Setting competitive market rent
- Coordinating rent-readies
- Professional and efficient marketing and advertising
- Thorough tenant screening including credit score, monthly income, employment verification, criminal background, and rental history
- Lease signing
- All proper contracts execution
- Rent collection
- Tenant communication
- Property owner communication and updates
- Thorough preventive maintenance checks
- Timely and cost-efficient maintenance via an extensive network of in-house technicians, vendors, and contractors
- Accounting and tracking
- Eviction navigation
- Capital improvements
Frontier Property Management Locations
Frontier Property Management focuses on the St. Louis market as well as Central and North Missouri, covering:
- Boonville
- California
- Columbia
- Fayette
- Florissant
- Glasgow
- Jefferson City
- Kirksville
- Lake Ozark
- Mexico
- North County St. Louis
- Osage Beach
- Overland
- Salisbury
- South City St. Louis
- St. Charles
- St. John
- Tipton
- Tower Grove
- University City
- Versailles
- Warrensburg
- Wentzville
- West County St. Louis
Frontier Property Management Property Types
Frontier Property Management works with single-family and multifamily homes rented out on a long-term basis. This makes them the best property manager in Missouri for both of these property types.
Frontier Property Management Costs
Frontier Property Management offers a single plan which includes the following costs:
- Leasing fee: One month’s rent
- Monthly management fee: 10% of monthly rent
- Lease renewal fee: $200
- Maintenance fees: $55/hour for normal maintenance requests; $65/hour for specialty maintenance requests; $20/work order
This is a straightforward pricing model with no unnecessary fees.
Frontier Property Management Terms
Frontier Property Management does not specify the terms of the property agreement. This means that interested Missouri real estate investors need to get in touch with the team and ask for a copy to review before making a decision. It’s important to know what it takes to cancel services when not fully satisfied.
Frontier Property Management Reviews
There are nearly 300 online reviews of Frontier Property Management that show mixed experiences.
You can find Frontier Property Management reviews on:
- Birdeye: Currently 3.7/5 stars based on 145 reviews
- Google: Currently 3.7/5 stars based on 138 reviews
- Yelp: Currently 1.4/5 stars based on 16 reviews
Happy landlords and tenants highlight the pleasant experiences, the easy and effortless processes, the amazing jobs, the utmost respect and kindness, the patience, the responses to all questions, the quick solutions to issues, the professionalism, the personal touch, and the incredibly helpful and responsive staff. Unhappy customers complain about filthy rentals, major property problems, lack of professionalism, impersonal attitude, and refusals to do maintenance work.
How to Get Started with Frontier Property Management
To get started with the best property management company in Missouri for single-family and multifamily rentals, property owners can submit an online form via the Frontier Property Management website or call 314-932-7004.
SCUDO: Best for Flexible Options
SCUDO is a locally-owned and run, full-service property management company in Johnson County. Ray and Brittney Orellano started the company in 2014, with headquarters in Overland Park, KS. The team aims to provide guidance to investors through their real estate experience and protect their best interests and investments. SCUDO is the best Missouri property manager for flexibility as property owners can select from four different service plans.
SCUDO Property Management Services
SCUDO offers comprehensive property management services including:
- Pre-listing property evaluation and rent analysis
- Proactive property marketing
- Showings
- Thorough, multi-layered tenant screening
- Pet screening
- Lease preparation and signing
- Move-in and move-out property condition report
- Rent collection
- Owner payout disbursement via direct deposit
- Lease agreement enforcement
- Legal compliance with all relevant local, state, and federal laws
- Responding to and handling maintenance issues
- 24/7 maintenance coordination and video troubleshooting
- HVAC filter replacement program
- Vacancy management
- Financial reporting
- Monthly financial reports
- Eviction services
SCUDO Property Management Locations
SCUDO manages properties in both Missouri and Kansas, covering the following areas:
- Blue Springs
- Fairway
- Grain Valley
- Independence
- Johnson County
- Kansas City
- Leawood
- Lee’s Summit
- Lenexa
- Merriam
- Mission
- Mission Hills
- Olathe
- Overland Park
- Parkville
- Prairie Village
- Roeland Park
- Shawnee
- Waldo
SCUDO Property Types
SCUDO operates single-family homes, townhouses, condos, apartments, and multifamily properties rented out on a long-term basis
SCUDO Property Management Costs
Property owners can choose between four different service packages, incurring the following costs:
Placement Only: This plan covers all services required to get a property occupied.
- Leasing fee: One month’s rent
- Lease renewal fee: $500
- Move-in and move-out condition report: $150
Silver: This plan covers everything in Placement Only plus all services needed to run a long-term rental business.
- Leasing fee: One month’s rent
- Monthly management fee: 7.9% of monthly rent for a minimum of $75
- Lease renewal fee: 25% of monthly rent
- Property setup fee: $99
- Move-in and move-out condition report: $150
- Vacancy management: $79/month
- 24/7 maintenance coordination and video troubleshooting: 10% of monthly rent
- Comprehensive property condition report: $99
- Customized financial reports: Additional fee
- Investor Benefit Package: $28.99/month
- Eviction filing: $99
- Eviction court appearance: $150
Gold: This plan covers everything in Silver plus property setup, vacancy management, customized financial reports, and eviction filing.
- Leasing fee: 89% of one month’s rent
- Monthly management fee: 8.9% of monthly rent
- Lease renewal fee: 25% of monthly rent
- Move-in and move-out condition report: $150
- 24/7 maintenance coordination and video troubleshooting: 10% of monthly rent
- Comprehensive property condition report: $99
- Investor Benefit Package: $28.99/month
- Eviction court appearance: $150
Platinum: This plan covers everything in Gold plus eviction court appearance.
- Leasing fee: 50% of one month’s rent
- Monthly management fee: 12.9% of monthly rent for a minimum of $129
- Lease renewal fee: $150
- Move-in and move-out condition report: $150
- 24/7 maintenance coordination and video troubleshooting: 10% of monthly rent
- Comprehensive property condition report: $99
- Investor Benefit Package: $28.99/month
SCUDO offers discounts for luxury rentals with monthly rental income above $2,100/door and for the owners of 6+ doors. So, the company is a particularly good choice for landlords with substantial monthly income.
Providing Missouri investors with the ability to select from different service plans to choose the exact services that they need makes SCUDO the best property management firm in Missouri for flexible options.
SCUDO Property Management Terms
SCUDO does not provide the details of the management contract that investors need to sign. Thus, interested property owners should contact the company and ask for a copy to review before moving forward.
SCUDO Property Management Reviews
Around 300 property owners and renters have reviewed the work of SCUDO. Their reviews show generally positive experiences.
You can find SCUDO reviews:
- Birdeye: Currently 4.2/5 stars based on 151 reviews
- Google: Currently 4.3/5 stars based on 140 reviews
- Yelp: Currently 3.4/5 stars based on 9 reviews
Positive reviews focus on the great experiences, the attention to detail, the speedy handling of maintenance requests, the comprehensive answers to all questions, the high level of professionalism, the friendliness, the amazing and fun team members, the kindness, the helpfulness, and the excellent communication. Negative reviews talk about bad experiences, excessive property issues, not addressing maintenance needs, and very high staff turnover.
How to Get Started with SCUDO Property Management
To get started with the best property management company in Missouri for flexible options, landlords can fill in an online form on the SCUDO website or call 913-359-5659.
Smart Rentals: Best for Simple Pricing
Smart Rentals is a local, family-owned, full-service property management company serving the St. Louis area in Missouri. The company was established in 2009, with headquarters in Maplewood, MO. The team is devoted to providing superior service to both property owners and tenants, to treating investments as if they are their own, and to keeping properties in top shape. Smart Rentals is the best property management company in Missouri for clear pricing as they charge only a few fees, regardless of the property type and the number of properties in an investor’s portfolio.
Smart Rentals Property Management Services
Smart Rentals provides full-service property management including:
- Rent assessment
- Marketing
- Showings
- Tenant screening including evictions, bankruptcies, criminal record, and income verification
- Pet screening
- Rent collection
- Owner payout disbursement
- Full legal compliance
- Tenant communication
- Owner communication
- Property evaluations
- Preventive maintenance
- Property maintenance
- Filter replacement program
- Property accounting
- Financial reporting
- Eviction process handling
In addition, Smart Rentals offers extensive landlord protections and guarantees comprising:
- Pet Guarantee
- Tenant Insurance Guarantee
- Leasing Guarantee
Smart Rentals Property Management Locations
Smart Rentals manages properties in:
- Central West End
- Chesterfield
- Ferguson
- Florissant
- Hazelwood
- Kirkwood
- Maplewood
- St. Louis
- St. Louis City
- St. Louis County
Smart Rentals Property Types
Smart Rentals works with different types of residential properties rented out on a long-term basis.
Smart Rentals Property Management Costs
Smart Rentals offers a single property management plan with the following fees:
- Leasing fee: One month’s rent
- Monthly management fee: 10% of monthly rent
- Maintenance: $55/hour
This straightforward pricing model with no additional fees makes Smart Rentals the best Missouri property management company for simple pricing.
Smart Rentals Property Management Terms
Smart Rentals does not provide information about the terms of the management agreement, so those who consider working with the company need to get in touch with the team and ask for a copy of the contract to review diligently.
Smart Rentals Property Management Reviews
Around 500 real estate investors and renters have written online reviews of the work of Smart Rentals. Their reviews reveal mixed experiences.
You can find Smart Rentals reviews on:
- Birdeye: Currently 3.9/5 stars based on 263 reviews
- Google: Currently 4.0/5 stars based on 225 reviews
- BBB.org: Currently 1.57/5 stars based on 7 reviews
- Yelp: Currently 1.0/5 stars based on 4 reviews
Satisfied property owners and tenants talk about the wonderful rentals, the great processes, the availability, the excellent skills, the efficient and prompt maintenance work, the professionalism, the wonderful to work with staff that goes above and beyond, the friendliness, and the good communication. Dissatisfied customers write about poorly refurbished properties, overpriced rentals, lack of professionalism, not taking responsibility, bad team of vendors, and poor communication practices.
How to Get Started with Smart Rentals Property Management
To get started with the best property management company in Missouri for simple pricing, property owners can submit an online form on the Smart Rentals website or call 314-782-7892.
Keyrenter Property Management St. Charles: Best Large-Scale Property Manager
Keyrenter Property Management St. Charles is a local branch of Keyrenter Property Management, a major full-service property management company with nationwide coverage that operates through a network of local, independent franchises. Aaron Marshall and Nate Tew launched the company in 2007, with headquarters in Midvale, UT. Danielle Ohlms started the St. Charles franchise in 2019, with headquarters in St. Charles, MO. The team aims to maximize property owners’ profits and maintain rental properties via award-winning services. Keyrenter Property Management St. Charles is the top large-scale property management company in Missouri as they provide comprehensive services at good prices.
Keyrenter Property Management St. Charles Services
Keyrenter Property Management St. Charles delivers the following services:
- Innovative marketing
- Tenant screening
- Rent collection
- Owner funds distribution
- Property inspections
- Maintenance
- Asset protection
- Financial reporting
- Eviction protection
Furthermore, Keyrenter Property Management St. Charles offers a number of important landlord protections including:
- Eviction Guard: The company will cover up to $1,000 in eviction costs for evicting a tenant placed by them.
- Pet Guard: Keyrenter Property Management St. Charles will pay up to $1,000 for pet damages that exceed the security deposit.
- Tenant Guarantee: The property manager will find a new tenant for free if a resident breaks the lease in the first 12 months.
- Leasing Guarantee: The property management company will provide one month of free property management in case the property doesn’t get leased in the first 30 days.
- Service Guarantee: Real estate investors can cancel their agreement at any point as there are no long-term contracts.
- Maintenance Guarantee: The company will fix maintenance work that is not done right the first time for free.
Keyrenter Property Management St. Charles Locations
The services provided by Keyrenter Property Management St. Charles are available in:
- Ballwin
- Chesterfield
- Cottleville
- Creve Coeur
- Dardenne Prairie
- Des Peres
- Frontenac
- Glencoe
- Glendale
- Kirkwood
- Ladue
- Lake St. Louis
- Manchester
- Maryland Heights
- O’Fallon
- Olivette
- St. Charles
- St. Peters
- Town and Country
- Webster Groves
- Weldon Spring
- Wentzville
- West St. Louis County
- Wildwood
Keyrenter Property Management St. Charles Property Types
Keyrenter Property Management St. Charles takes care of single-family homes, townhomes, and apartments rented out on a long-term basis.
Keyrenter Property Management St. Charles Costs
Keyrenter Property Management St. Charles charges the following fees for the services they provide:
- Leasing fee: One month’s rent
- Monthly management fee: 9%-10% of monthly rent
- Lease renewal fee: 33% of monthly rent
The simple pricing model with affordable rates is one of the factors that make Keyrenter Property Management St. Charles the top large-scale property manager in Missouri.
Keyrenter Property Management St. Charles Terms
Under the Service Guarantee, property owners can cancel the management contract at any point, with a 30-day notice.
Keyrenter Property Management St. Charles Reviews
Over 200 property owners and tenants have reviewed the services of Keyrenter Property Management St. Charles. Their reviews result in excellent overall ratings.
You can find Keyrenter Property Management St. Charles reviews on:
- Google: Currently 4.9/5 stars based on 118 reviews
- ChamberofCommerce.com: Currently 4.9/5 stars based on 74 reviews
- Facebook: Currently 5.0/5 stars based on 14 reviews
Positive reviews focus on the great experiences, the easy setup process, the beautiful homes, the direction provided by the team, the comprehensive services, the level of knowledge, the superior organization, the thorough explanations, the quick responses to all questions, and the plenty of communication. The few negative reviews discuss disappointing services and rental application scams.
How to Get Started with Keyrenter Property Management St. Charles
To get started with the best large-scale property manager in Missouri, rental property investors can fill in an online form on the Keyrenter Property Management St. Charles website or call 636-707-2000.
Takeaway
If you’re looking for the best places to buy a rental property, Missouri is a good location to consider. And these are the 6 best property management companies in Missouri that can help investors earn maximized passive income. The absolute top property managers for long-term and short-term rentals are HomeRiver Group and Awning, respectively, because they provide comprehensive services at competitive rates. The owners of single-family and multifamily properties should consider Frontier Property Management, and those who would like to work with a big national company can check out Keyrenter Property Management St. Charles. SCUDO is the top option for flexibility, while Smart Rentals offers the most straightforward pricing model.