Arkansas Property Management: Top 5 Options

Both single-family homes and multifamily properties can turn into profitable investment opportunities in the Arkansas real estate market. The affordable home prices are one of the main attractions for local and remote investors alike.

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 Arkansas are:

• HomeRiver Group: Best Overall Property Management Company in Arkansas
• Rainey Realty, Inc.: Best for Simple Pricing
• Real Property Management: Best for Different Property Types
• Evernest Little Rock: Best for Portfolios
• Keyrenter Property Management Arkansas: Best for Guarantees

How We Selected the Best Property Management Companies in Arkansas

In our ranking of the 5 best property management companies in the State of Arkansas, we looked at the following factors and indicators in order to produce reliable results:

• Property management services quantity and quality: We considered companies that provide full-service management of high quality so that Arkansas real estate investors can benefit from optimized passive income.
• Property management fees and costs: We made sure that included firms apply transparent pricing models with no hidden fees.
• Rental market coverage: We ranked property managers that operate in different parts of the Arkansas market.
• Rental property types coverage: We searched for companies that work with various kinds of residential properties rented out on a short-term and long-term basis to meet the needs of all investors in Arkansas.
• Company size and markets: We looked for both small, local property managers and big, nationwide companies as each style of property management offers different pros and cons, and investors should be able to choose based on their preferences.
• Mix of technology and human interventions: We ensured that selected companies take advantage of existing technologies to optimize processes, without forgetting about the importance of human efforts in the rental business.
• Online ratings and reviews by property owners and renters: We checked the overall ratings and individual reviews of short-listed property managers to get a better understanding of their strengths and shortcomings.
• Value for money: We selected the 6 property management companies that bring the best value for money in Arkansas.

HomeRiver Group: Best Overall Property Management Company in Arkansas

HomeRiver Group is the biggest third-party, full-service, long-term rental property management company in the US. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert started the company in 2016, with headquarters in New York, NY. Currently, the property manager has a portfolio of more than 40,000 rentals and over 32,000 homes within HOA communities in 31 states. HomeRiver Group has been able to achieve such an impressive coverage by acquiring the top property managers in different markets and turning them into partners. In the State of Arkansas, the company operates through two local offices: Little Rock and NW Arkansas. HomeRiver Group is the top long-term rental property management company in Arkansas for providing comprehensive services while charging affordable rates.

HomeRiver Group Property Management Services

The full-service property management offered by HomeRiver Group in Arkansas includes:

• Expert market analysis for maximized return on investment
• Marketing and advertising
• Extensive tenant screening
• Move-in coordination
• Rent collection
• Owner funds distribution
• Routine property inspections
• Maintenance
• Accounting
• Financial reporting
• Eviction protection

HomeRiver Group Property Management Locations

The Arkansas offices of HomeRiver Group serve:

• Benton
• Bentonville
• Bryant
• Conway
• Fayetteville
• Jacksonville
• Little Rock
• Maumelle
• McAlmont
• North Little Rock
• NW Arkansas
• Rogers
• Sherwood

HomeRiver Group Property Types

HomeRiver Group Arkansas manages single-family homes and small multifamily properties rented out on a long-term basis.

HomeRiver Group Property Management Costs

The Arkansas branches of HomeRiver Group do not specify the structure of the property management fees in the local market. In other locations, the company charges both flat fees and percentages of monthly rent to be in line with local trends. In all cases, the fees are competitive and affordable, starting at 5% of monthly rent.

In general, property owners need to pay a leasing fee, a monthly management fee, a lease renewal fee, and inspection fees.

HomeRiver Group Property Management Terms

HomeRiver Group asks property owners to sign an initial agreement of 6 or 12 months, after the end of which monthly options become available too.

HomeRiver Group Property Management Reviews

More than 50 Arkansas real estate investors and renters have reviewed the services of HomeRiver Group.

You can find HomeRiver Group reviews focused on Arkansas on:

• Google: Currently 4.0/5 stars based on 52 reviews

Positive reviews highlight the seamlessly amazing services, the easy processes, the quick and professional responses to all questions and concerns, the extreme professionalism, the welcoming staff members, the always available representatives who are wonderful to work with, and the proactive communication. Negative reviews discuss poor company management, bad maintenance services, impolite team members, and lack of communication.

How to Get Started with HomeRiver Group Property Management

To get started with the best overall property management company in Arkansas real estate investors can submit an online form via HomeRiver Group or call 415-610-7867.

Rainey Realty, Inc.: Best for Simple Pricing

Rainey Realty, Inc. is a local, full-service property management company working with different types of long-term rentals. Roy Rainey established the company in 1983, with headquarters in Little Rock, AR, making this one of the oldest property management firms across Arkansas. At the moment, the company manages more than 1,000 rental homes. The team focuses on exceptional customer service in the management of single-family homes to provide profit for owners. Rainey Realty, Inc. is the top Arkansas property manager for straightforward pricing because of having a clear pricing structure with no unnecessary fees.

Rainey Realty, Inc. Property Management Services

Rainey Realty, Inc. delivers full-service property management including:

• Property marketing via yard signs, Yellow Pages, and 100+ rental websites such as CARMLS, Zillow, Realtor.com, HotPads, Craigslist, and AHRN, including virtual tours and floor plans
• Showings
• Tenant screening including national criminal background check, credit report, social trace, employment and income verification, and past rental history verification
• Attorney-reviewed leases
• Move-in and move-out inspections
• Rent collection
• Owner distributions
• Routine drive-by inspections
• Inside inspections as needed
• Vacancy inspections
• 24/7 handling of maintenance emergencies
• Non-emergency maintenance
• Preventive maintenance
• Evictions

Rainey Realty, Inc. Property Management Locations

Rainey Realty, Inc. operates in:

• Conway County: Morrilton
• Faulkner County: Conway, Greenbrier, Mayflower, and Vilonia
• Garland County: Hot Springs
• Grant County: Sheridan
• Lonoke County: Austin/Ward, Cabot, England, Lonoke, and Scott
• Pulaski County: Jacksonville, Little Rock, Mabelvale, Maumelle, North Little Rock, and Sherwood
• Saline County: Alexander, Bauxite, Benton, Bryant, Rural Saline, and Shannon Hills
• White County: Beebe

Rainey Realty, Inc. Property Types

Rainey Realty, Inc. manages single-family homes, townhouses, condos, and attached homes rented out on an annual basis.

Rainey Realty, Inc. Property Management Costs

Rainey Realty, Inc. charges a single monthly property management fee of 10% of monthly rent for a minimum of $100 on the first property. Owners with multiple rentals benefit from a discount. The only other fee is for preventive maintenance and costs $60/trip.

In terms of leasing services, they are charged at $150/month. In-person showings cost $25/trip.

This is a very straightforward model, which makes Rainey Realty, Inc. the best property management firm in Arkansas for simple and clear pricing.

Rainey Realty, Inc. Property Management Terms

Property owners can cancel services at any point without having to pay any cancellation or early-termination fees.

Rainey Realty, Inc. Property Management Reviews

More than 700 property owners and tenants have reviewed the work of Rainey Realty, Inc. Their reviews result in very good overall ratings.

You can find Rainey Realty, Inc. reviews on:

• Birdeye: Currently 4.0/5 stars based on 390 reviews
• Google: Currently 4.0/5 stars based on 372 reviews
• Yelp: Currently 2.0/5 stars based on 20 reviews

Satisfied landlords and tenants focus on the invaluable services, the impressive systems in place, the great works, the knowledge, the extreme helpfulness, the professionalism, the patience in responding to questions, the politeness, the kindness, the great customer service, and the quick communication. Dissatisfied customers talk about uncleaned properties with multiple damages, poorly maintained rentals, scammy practices, and unexpectedly high fees.

How to Get Started with Rainey Realty, Inc. Property Management

To get started with the best property management company in Arkansas for simple pricing, rental property owners can send an email via the Rainey Realty, Inc. website or call 501-221-8888.

Real Property Management: Best for Different Property Types

The Arkansas branches of Real Property Management are local franchises of Real Property Management, a national, full-service property management company working with different types of single-family homes. Kirk McGary and Doug Oler launched the parent company in 1986, with headquarters in Salt Lake City, UT. At the moment, Real Property Management manages long-term residential rentals in multiple markets throughout the US and Canada through 300 franchises. The team aims to help owners turn properties into a source of income rather than a source of frustration. In Arkansas, Real Property Management operates via three local offices: Central Arkansas, First Choice, and Hometown. This is the best property management company in Arkansas for different types of properties as they manage all sorts of residential rentals.

Real Property Management Services

Real Property Management offers the following services to Arkansas real estate investors:

• Setting competitive monthly rental rates
• Comprehensive marketing and advertising
• Thorough tenant screening including credit check, criminal background, employment verification, and rental history
• Professionally prepared lease signing
• Executing all proper contracts
• Move-in condition evaluation
• Rent collection
• Owner earnings deposit
• Regular inside and outside evaluations
• Cost-effective, reliable maintenance and repairs via an extensive network of contractors
• Comprehensive accounting
• All-inclusive reporting
• Tax documentations
• Strict and compliant evictions

Real Property Management Locations

The Arkansas offices of Real Property Management operate in:

• Alma
• Arkadelphia
• Barling
• Bella Vista
• Benton
• Bentonville
• Bethel Heights
• Bryant
• Cabot
• Cave Springs
• Centerton
• Chaffee Crossing
• Elkins
• Farmington
• Fayetteville
• Fort Smith
• Greenwood
• Hot Springs
• Hot Springs Village
• Jacksonville
• Lake Hamilton
• Little Rock
• Malvern
• Maumelle
• North Little Rock
• Rockwell
• Rogers
• Sherwood
• Springdale
• Van Buren

Real Property Management Property Types

Real Property Management works with single-family homes, townhouses, duplexes, and triplexes rented out on a long-term basis. This diversity makes them the best Arkansas property management company for various types of rental properties.

Real Property Management Costs

Real Property Management Hometown offers a single property management plan that costs 10% of monthly rent. Rates in other areas of the Arkansas market are comparable.

Real Property Management Terms

The Arkansas branches of Real Property Management do not discuss the terms of the management contract. Thus, interested investors should contact the local team and get a copy of the property management agreement to review thoroughly before signing it.

Real Property Management Reviews

There are more than 3,100 online reviews of the services provided by the Arkansas offices of Real Property Management that show generally positive experiences.

You can find reviews of the Arkansas branches of Real Property Management on:

• Google (First Choice): Currently 4.8/5 stars based on 947 reviews
• Birdeye (First Choice): Currently 4.6/5 stars based on 612 reviews
• Google (First Choice): Currently 4.7/5 stars based on 527 reviews
• Birdeye (First Choice): Currently 4.5/5 stars based on 300 reviews
• Birdeye (Central Arkansas): Currently 4.0/5 stars based on 142 reviews
• Birdeye (Hometown): Currently 3.9/5 stars based on 142 reviews
• Google (Hometown): Currently 3.9/5 stars based on 137 reviews
• Google (Central Arkansas): Currently 4.1/5 stars based on 115 reviews
• Birdeye (Hometown): Currently 4.5/5 stars based on 63 reviews
• Google (Hometown): Currently 4.4/5 stars based on 63 reviews
• Yelp (First Choice): Currently 2.5/5 stars based on 52 reviews
• Facebook (Hometown): Currently 4.4/5 stars based on 23 reviews
• Facebook (First Choice): Currently 4.3/5 stars based on 20 reviews
• Facebook (Central Arkansas): Currently 3.8/5 stars based on 19 reviews
• Yelp (First Choice): Currently 2.0/5 stars based on 12 reviews
• Yelp (Northwest Arkansas): Currently 1.4/5 stars based on 11 reviews

Happy Arkansas landlords and tenants focus on the great experiences, the very good and clean properties in convenient locations, the quiet neighborhoods, the timely responses to all questions and concerns, the efficient and quick handling of issues and requests, the friendliness, the good prices, and the amazing customer service. Unhappy customers discuss terrible properties, numerous issues with rentals, dreadful practices, rudeness, lack of consideration, and absolutely horrible customer support.

How to Get Started with Real Property Management

To get started with the best property management company in Arkansas for different property types, landlords with diverse portfolios can fill in an online form on the Real Property Management Central Arkansas, First Choice, or Hometown website or call 501-834-1333, 479-582-9310, or 501-303-6870.

Evernest Little Rock: Best for Portfolios

Evernest Little Rock is a branch of Evernest, a national, full-service property management company working with both single-family and multifamily long-term rentals. Matthew Whittaker founded the parent company in 2008, with headquarters in Birmingham, AL. Now, the company manages over 15,000 properties owned by more than 6,000 investors in different cities across 17 states. The team aims to deliver services afforded by national brands, while maintaining boots on the ground in each location where they operate. Evernest Little Rock is the best Arkansas property manager for investors with portfolios as their plans accommodate the needs of owners with multiple rentals.

Evernest Little Rock Property Management Services

Evernest offers comprehensive property management services to Arkansas landlords that cover:

• Marketing
• Tenant screening
• Rent collection
• Owner payout disbursement via direct deposit
• Annual property inspections and reports
• 24/7 tenant communication
• 24/7 maintenance management
• Maintenance work coordination
• Detailed financial reporting
• Year-end 1099 reporting
• Eviction assistance
• Rehab works

Moreover, Evernest Little Rock delivers the following guarantees:

• Eviction Protection Plan (EPP): The property management company will cover all attorney fees, court costs, and setup charges needed to evict a tenant and change the locks afterwards.
• Rent Protection Membership: Evernest Little Rock will cover up to 11 months of lost rent for a maximum of $25,000.

Evernest Little Rock Property Management Locations

Evernest covers the Little Rock market.

Evernest Little Rock Property Types

Evernest manages both single-family homes and multifamily properties of various types and sizes.

Evernest Little Rock Property Management Costs

The pricing of the property management services provided by Evernest depends on the number of units which an investor has. The plans include:

Prime: This plan targets the owners of a single rental unit.

• Leasing fee: 50% of one month’s rent for a minimum of $500
• Monthly management fee: 10% of monthly rent
• Lease renewal fee: $250
• Annual property condition report: $149

Plus: This plan targets the owners of 2-4 rental units.

• Leasing fee: 50% of one month’s rent for a minimum of $500
• Monthly management fee: 9% of monthly rent
• Lease renewal fee: $250
• Annual property condition report: $149

Pro: This plan targets the owners of 5+ rental units.

• Leasing fee: 50% of one month’s rent for a minimum of $500
• Monthly management fee: 8% of monthly rent
• Lease renewal fee: $250
• Annual property condition report: $149

The discounted rates make Evernest Little Rock the best property management company for Arkansas real estate investors with portfolios of rental properties.

Evernest Little Rock Property Management Terms

Evernest Little Rock does not provide information about the details of the management contract that applies in the local market. So, interested property owners should get in touch with the local team and ask for a copy to review. It’s important to know what it would take to cancel services should you not be fully satisfied with the quality.

Evernest Little Rock Property Management Reviews

Over 1,300 Arkansas real estate investors and tenants have written online reviews of Evernest Little Rock. Their reviews show very positive experiences.

You can find Evernest property management reviews focused on the Arkansas market on:

• Birdeye: Currently 4.5/5 stars based on 704 reviews
• Google: Currently 4.5/5 stars based on 671 reviews
• Yelp: Currently 1.0/5 stars based on 4 reviews

Positive reviews highlight the exceptional services, the excellent experiences, the newly remodeled and conveniently located properties, the smooth and easy processes, the quick responses to all questions, the helpfulness, the timeliness, the reassurance, the patience, the kindness, and the wonderful team members going above and beyond. Negative reviews talk about dirty rentals, scammy practices, cunning behavior, overly automated responses, and lack of personal communication and engagement.

How to Get Started with Evernest Little Rock Property Management

To get started with the best property management company in Arkansas for portfolios, investors with multiple rentals can submit an online form via the Evernest Little Rock website or call 501-232-0676.

Keyrenter Property Management Arkansas: Best for Guarantees

Keyrenter Property Management Arkansas is a local branch of Keyrenter Property Management, a nationwide, full-service property management company operating through a network of local, independent franchises. Aaron Marshall and Nate Tew started the umbrella company in 2007, with headquarters in Midvale, UT. Mat Zalk founded the Arkansas franchise in 2017, with headquarters in Fayetteville, AR. The team strives to maximize profits for owners by maintaining rental properties with award-winning services. Keyrenter is the best property management company in Arkansas for landlord protection as they provide more guarantees than others in the local market.

Keyrenter Property Management Arkansas Services

The property management services offered by Keyrenter Arkansas include:

• Rental analysis
• Pioneering property marketing
• Comprehensive tenant screening including credit assessments, exhaustive background investigations, employment confirmations, and review of previous rental histories
• Pet screening
• Rent collection
• Owner payout disbursement
• Tenant management
• Handling tenant issues
• Landlord’s liability cover
• 24/7 emergency response
• Property maintenance coordination via a team of seasoned professionals and a proven network of vendors
• Regular financial reporting
• Year-end cash flow statement preparation
• Year-end 1099 preparation
• Overseeing evictions

In addition to these services, Keyrenter Property Management Arkansas also provides access to the following landlord protections: 

• Eviction Guarantee: The property manager will pay up to $1,000 in court fees.
• Pet Guarantee: The company will cover up to $1,000 in pet damage.
• Tenant Guarantee: Keyrenter will replace a tenant who breaks the lease early for free.
• Maintenance Guarantee: The firm will fix any repair that is done incorrectly for free.

These guarantees make Keyrenter the best property management firm for landlord protection in the Arkansas market.

Keyrenter Property Management Arkansas Locations

Keyrenter Property Management Arkansas serves the following markets:

• Bella Vista
• Bentonville
• Centerton
• Elm Springs
• Farmington
• Fayetteville
• Johnson
• Lowell
• Northwest Arkansas
• Rogers
• Springdale
• Washington County

Keyrenter Property Management Arkansas Property Types

Keyrenter Arkansas manages single-family homes and apartment units rented out on a long-term basis.

Keyrenter Property Management Arkansas Costs

Keyrenter Property Management Arkansas works with three different service plans, the pricing of which depends on the property type and the number of properties. The plans include:

Monthly Management: This plan covers the needs of the owners of one or more single-family rentals.

• Monthly management fee: Starting at 10% of monthly rent; 8% for a minimum of $75 for 3-10 units; 7% for a minimum of $75 for 11+ units

Boutique Multi-Family: This plan covers the needs of the owners of small multifamily rentals.

• Leasing fee: $295-$495
• Monthly management fee: Starting at 8% of monthly rent

Large Multi-Family: This plan covers the needs of the owners of large multifamily rentals.

• Monthly management fee: Starting at 4% of monthly rent

The discounted rates make Keyrenter Arkansas a good choice for investors with multiple single-family homes or multifamily properties.

Keyrenter Property Management Arkansas Terms

Keyrenter Property Management Arkansas does not specify the terms of the management agreement applicable to the local market. Thus, interested landlords need to contact the team and ask for a copy to review before making a decision.

Keyrenter Property Management Arkansas Reviews

More than 150 local property owners and renters have reviewed the services of Keyrenter Property Management Arkansas. Their reviews result in excellent overall ratings.

You can find Keyrenter Property Management Arkansas reviews on:

• Birdeye: Currently 4.9/5 stars based on 102 reviews
• Google: Currently 4.8/5 stars based on 59 reviews

Happy real estate investors and tenants praise the expert management services, the wonderful experiences, the smooth and effortless moves, the timely completion of necessary repairs, the promptness, the professionalism, the quick responses to questions and concerns, the friendliness, and the great communication. Unhappy customers complain about increasing fees, poor maintenance services, bad customer support, and inefficient communication.

How to Get Started with Keyrenter Property Management Arkansas

To get started with the best property management company in Arkansas for guarantees, real estate investors can fill in an online form on the Keyrenter Property Management Arkansas website or call 479-662-1800.

Takeaway

These are the 6 best property management companies in Arkansas. HomeRiver Group and Awning are the top property managers for long-term and short-term rentals, respectively. Rainey Realty, Inc. applies the most straightforward pricing model, while Real Property Management works with the widest range of residential property types. Investors with rental portfolios should consider Evernest, and those who value protection and guarantees need to check out Keyrenter Property Management Arkansas.