Property Management Services and Fees for Central Maine Rental Owners

What we take off your plate

Scheduling and coordination are part of management. Repair labor, materials, vendor work, cleaning, and capital projects are separate costs. Emergency call response does not mean that after-hours repair labor is included in your management fee.

Know the fees before you hire us

How much do property managers charge in Maine?

Most Maine property managers charge a monthly fee of 8 to 12 percent of collected rent, plus a tenant placement fee of 50 to 100 percent of one month's rent when they fill a vacancy. Some add setup fees, markups on repairs, or inspection charges. Standard Management Company publishes every rate below so you can compare before you call.

Our management fee is a percentage of collected rent, based on the total number of units you place with us across your portfolio. There is no setup fee, no vacancy fee, and we only earn the management fee when rent is collected. We will confirm the applicable tier and scope in your written quote.

What a property manager costs on a typical Central Maine rental

Take a single two-bedroom renting for $1,450 a month, close to the median for Waterville and Augusta in our Central Maine Rent Report. In a year where we place a new tenant, the management fee is $1,740 (12 months at $145) plus a one-time placement fee of $725, a total of $2,465, or about 14 percent of the $17,400 collected. In a year with no turnover the cost is the $1,740 management fee, or 10 percent of collected rent, plus a $100 lease renewal if the tenant signs a new term. Repair labor and materials are billed separately at the rates below and are the same whether you hire us or not.

Maintenance has a one-hour minimum. Materials, outside-vendor work, cleaning, paid advertising, and larger projects are billed separately. Rates above apply to new clients under the pricing schedule effective May 14, 2026. Existing clients retain their contracted rates. Your management agreement governs your services and charges.

Already have tenants or a property manager?

You do not need to wait for a vacancy to discuss professional management. We will review your current situation before setting a start date. If another manager is involved, check your existing agreement's notice and termination terms before making a change.

1. Review the property. Share the address, unit count, leases, current rents, occupancy, and open maintenance issues.
2. Agree on scope and timing. We discuss your priorities, management fees, repair expectations, and the records needed for a handoff.
3. Coordinate the transition. Once the agreement and start date are set, we plan tenant communication, keys, records, and ongoing management.

For the full sequence, including the notice clause in your current agreement, the records to collect and how security deposits transfer, read our guide to switching property managers in Maine.

Local help for out-of-state landlords

Distance should not leave you managing every repair call yourself. Our team coordinates work locally while your owner portal gives you access to statements and property information. Before onboarding, we discuss communication, repair approvals, and what needs your decision.

Owner feedback

“I use Standard for a four unit in Augusta and they have been very responsive and thoughtful about the best ways to do work that’s both cost effective and good quality.”

Roy Donnelly, Augusta property owner. Excerpt from the owner feedback published on our website. Individual experiences and property results vary.

Frequently asked questions about our fees and service

How much do property managers charge in Maine?

Most Maine property managers charge 8 to 12 percent of collected rent per month plus a tenant placement fee of 50 to 100 percent of one month's rent. Standard Management Company charges 10 percent for one to five units, 8 percent for five to twenty units and 6 percent for twenty to one hundred units, with 50 percent placement for full-management clients, no setup fee and no vacancy fee.

What does a property manager cost per year on a $1,450 rental?

With Standard Management Company, a single unit renting for $1,450 costs $1,740 a year in management fees (10 percent of $17,400 collected). Add a one-time $725 placement fee in a year with a new tenant, for $2,465 total, or a $100 renewal in a year the existing tenant re-signs. Repair labor and materials are separate.

How much does Standard Management Company charge for property management?

Our published management fee tiers are 10 percent of collected rent for one to five units, 8 percent for five to twenty units and 6 percent for twenty to one hundred units, with custom pricing above that. The tier is based on the total units an owner places with us, and it is confirmed in a written quote before you sign.

What does tenant placement cost?

New tenant placement is 50 percent of the first month's rent for full management clients and 100 percent of the first month's rent for placement without ongoing management. A lease renewal is a flat $100. Applicant screening covers credit, criminal background, eviction history and income on every adult applicant.

What do in-house maintenance and repairs cost?

In-house maintenance labor is $65 per hour during regular hours (8 a.m. to 5 p.m.) and $130 per hour after hours, with a one-hour minimum. Materials, outside-vendor work, cleaning, paid advertising and larger projects are billed separately. These rates apply to clients onboarded under the May 14, 2026 pricing schedule; existing clients keep their contracted rates.

What is included in the monthly management fee?

Rental marketing, showing coordination, applicant screening through AppFolio, electronic lease signing, rent collection and reminders, tenant communication, lease renewals, 24/7 tenant call response, scheduling of routine and seasonal maintenance, monthly owner statements and online owner portal access. Repair labor and materials are separate.

Can I switch to Standard Management Company if I already have a property manager or tenants in place?

Yes. You do not need to wait for a vacancy. We review the property, leases, rents, occupancy and open maintenance issues, agree on scope and a start date, then coordinate tenant communication, keys and records for the handoff. Check your current agreement's notice and termination terms first.

Do you manage rentals for out-of-state owners?

Yes. Many of our owners live outside Central Maine. Our local team handles repairs and tenant issues on the ground while your owner portal gives you statements and property information, and we agree up front on which repair approvals need your decision.

Which Maine towns does Standard Management Company serve?

Waterville, Augusta, Rumford, Winslow, Oakland, Fairfield, Skowhegan and Lewiston, plus surrounding Central Maine communities. We are a service-area business; the Waterville mailing address is not a walk-in office.

Find management help in your market

Waterville, Augusta, Rumford, Winslow, Oakland, Fairfield, Skowhegan, and Lewiston are among the communities we serve. View all service areas.

Tell us the exact location and property type so we can confirm fit and service coverage. Standard Management Company operates as a service-area business; our published mailing address is not a walk-in office.

Get a Free Rental Evaluation

Tell us about the rental and what you want to improve. We will discuss rental positioning, management needs, and a property-specific quote. There is no charge for the evaluation.

Prefer another way to reach us? Call (207) 203-7578, email our sales team, or open the full-page owner form.