Are you the owner of a rental property in Richmond, Virginia? Have you considered hiring a property management company in Richmond to help you manage it?
Before making the decision, it’s important to do the research needed to pick the perfect PM. Take a look at 5 of the best property management companies in Richmond, Virginia, based on years of experience, pricing, specialties, and much more.
Peak Property Management
Peak Property Management was built with a clear purpose: to deliver reliable, full-service property management for owners across Richmond and the surrounding Virginia markets.
Today, Peak Property Management combines local expertise with streamlined operations, covering leasing, maintenance coordination, and financial reporting, while leveraging the latest in technology. The approach is hands-on, led by Stephen Glover (host of The Virginia Investor Podcast), with a strong emphasis on responsiveness, communication, prioritizing relationships, and owning the outcome.
Serving areas including Henrico County, Chesterfield County, and Petersburg, Peak Property Management positions itself as a results-driven partner for property owners seeking dependable performance and optimized rental income in Central Virginia. Behind the scenes, an in-house maintenance team, dedicated accounting staff, and experienced PM operations professionals provide the structure and oversight needed to support long-term success.
Owner/Principal Broker/CEO: Stephen Glover
BBB Rating: A+
Google Rating: 4.8/5 (1,500+ reviews)
Years in Business: 8+
Rentals Managed: 1,300+
Number of Markets: Local
Specialties: Single-family residential, multi-family, property maintenance, investor and landlord education
Property Management Fee: 8%–10%
Leasing Fee: 50% of one month’s rent
Renewal Leasing Fee: $250
Property Setup Fee: N/A
Other Services: Brokerage, in-house maintenance, leasing
Learn More: joinpeakpm.com
PMI Richmond
PMI Richmond operates with a focus on delivering structured, full-service property management solutions for both residential and commercial property owners. With decades of experience behind its operations, the company emphasizes consistency, scalability, and established systems designed to support long-term asset performance. Its approach blends local market knowledge with standardized processes, allowing property owners to navigate leasing, maintenance, and financial oversight.
Owner: David Peschio
BBB Rating: A-
Google Rating: 4.4/5 (268 reviews)
Years in Business: 27
Rentals Managed: 300+
Number of Markets: 24
Specialties: Residential, commercial
Property Management Fee: 8%–10%
Leasing Fee: 50% of first month’s rent ($899 minimum)
Renewal Leasing Fee: $195
Property Setup Fee: $350 per unit
Other Services: N/A
Learn More: richmond-propertymanagement.com
Legend Property Group (The Monument Companies)
Legend Property Group, operating under The Monument Companies, offers long-standing experience in managing both residential and commercial properties. The company’s approach is rooted in traditional property management practices, focusing on leasing, oversight, and maintaining operational continuity across its portfolio. With a presence in multiple markets, it aims to provide property owners with steady management backed by years of industry involvement.
Principals and Co-Founders: Chris Johnson and Tom Dickey
BBB Rating: N/A
Google rating: 3.1/5 (87 reviews)
Years in business: 27
Rentals managed: 2,000+
Number of markets: 6
Specialties: Residential and commercial
Property management fee: 8-10% of monthly rent
Leasing fee: 75%-100% of one month’s rent
Renewal leasing fee: 25%-50% of one month’s rent
Property setup fee: ~$150–$300 one-time onboarding fee
Other Services: N/A
Learn more: legendpropertygroup.com
Evernest
Evernest delivers a large-scale, systems-driven approach to property management, combining technology with in-house services to support property owners and real estate investors. The company emphasizes efficiency and accessibility, offering integrated solutions that cover leasing, maintenance, and financial management within a centralized platform. With a wide geographic reach, Evernest focuses on creating a consistent experience across markets while also providing educational resources and investment support. Its model is designed for owners looking for a more comprehensive, tech-enabled management partner.
CEO/Founder: Matthew Whitaker
BBB Rating: A+
Google rating: 4.2/5 (2,900+ reviews)
Years in business: 17
Rentals managed: 2,300+
Number of markets: 30
Specialties: Single-family residential, multi-family, HOA, property maintenance, rental property investing, investor and landlord education
Property management fee: 7%-10%
Leasing fee: 50% of one month's rent ($500 minimum)
Renewal leasing fee: $250
Other services: Brokerage, HOA, Multi-family, in-house maintenance, in-house underwriting, leasing
Learn more: richmondproperty.management
Byrd Property Management
Byrd Property Management brings a more modern, growth-focused approach to the Richmond property management landscape, prioritizing personalized service and hands-on support. The company centers its model around helping property owners maximize rental performance through strategic pricing, targeted marketing, and careful tenant placement. With a smaller but expanding footprint, Byrd emphasizes responsiveness and adaptability, appealing to owners who value a more direct and engaged management style. Its services are designed to simplify ownership while maintaining close attention to property-level details.
Founder: Morgan Porter
BBB Rating: C-
Google Rating: 4.7/5 (30 reviews)
Years in Business: 3
Rentals Managed: 200+
Number of Markets: 6
Specialties: Single-family residential, multi-family
Property Management Fee: 10% of monthly rent
Leasing Fee: 30%–50% of one month’s rent
Renewal Leasing Fee: 15% of one month’s rent
Property Setup Fee: N/A
Other Services: Tenant screening and placement, rental marketing & pricing analysis
Learn More: byrdpm.com
Manage Your Property with Peak Property Management
Choosing the right property manager involves evaluating several key factors, but ultimately, the best choice depends on your unique needs and investment goals. A top-performing property management company should align with your ownership style, offer competitive pricing, and provide the specific services you need to protect and grow your investment.
If you’re exploring property management options in Richmond, our experienced team is here to help. We offer tailored solutions designed to maximize your rental income, streamline operations, and give you peace of mind. Learn how our Richmond property management experts can support your success and simplify managing your rental properties. Check out how our team of property management professionals can help you manage your Richmond rental properties.
