U.S. Property Management Services Market Summary
The U.S. property management services market size was estimated at USD 4,426.8 million in 2024 and is expected to reach at USD 7,660.8 million by 2033, growing at a CAGR of 6.6% from 2025 to 2033. The market is driven by rising rental demand, rapid urban development, and the growing adoption of digital technologies.
Key Market Trends & Insights
- The U.S. property management services market is expected to grow at a CAGR of 6.6% over the forecast period.
- By service, rent collection segment is expected to grow at a considerable CAGR of 6.9% from 2025 to 2033 in terms of revenue.
- By property type, commercial segment is expected to grow at a considerable CAGR of 7.1% from 2025 to 2033 in terms of revenue.
- By end user, housing association segment is expected to grow at a considerable CAGR of 7.0% from 2025 to 2033 in terms of revenue.
Market Size & Forecast
- 2024 Market Size: USD 4,426.8 Million
- 2033 Projected Market Size: USD 7,660.8 Million
- CAGR (2025-2033): 6.6%
Improved operational efficiency and a strong shift toward professional management solutions are further accelerating market growth across residential and commercial sectors. In the U.S., the rise of smart buildings and the use of data analytics for predictive maintenance and leasing strategies are key drivers of market growth. Evolving tenant expectations especially for responsive service and seamless digital experiences are also pushing property management firms to innovate and stay competitive.
Access Research Report@ https://www.grandviewresearch.com/industry-analysis/us-property-management-services-market-report
U.S. Property Management Services Company Insights
Some of the key players operating in the market include Greystar, FirstService Residential, Lincoln Property Company, Asset Living.
- Greystar is a prominent property management company in the U.S., managing a broad portfolio of multifamily, student, and senior housing units. It offers integrated services including property operations, development, and investment management. The company operates across global markets with a strong focus on technology and resident experience.
- FirstService Residential manages a wide range of residential communities across the U.S. and Canada, including condominiums, homeowner associations, and master-planned developments. The company provides property maintenance, financial services, and administrative support, with an emphasis on enhancing community living, ensuring compliance, and delivering tailored management solutions to property owners and boards.
Key U.S. Property Management Services Companies:
- Greystar
- Lincoln Property
- Asset Living
- FPI
- Alliance Residential
- FirstService Residential
- Evernest
- Darwin Homes
- HomeRiver Group
- Northpoint
Recent Developments
- In May 2025, Lincoln Property Company expanded its property management services in Southern California through a strategic investment in Unire Real Estate Group. This move strengthens its regional presence, enhances service capabilities, and supports growth in the competitive Southern California real estate market.
- In February 2024, Asset Living launched a centralized business intelligence platform that enhances overall operations by improving property performance and optimizing business growth. This technology-driven approach enables better decision-making, increases efficiency, and supports the company’s goal of delivering improved services to clients and residents.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
No comments:
Post a Comment