Keyrenter Property Management franchise
A Keyrenter franchisee manages and rents single-family homes, condominiums and multifamily properties. At the end of 2025 there were 76 Keyrenter Property Management locations in the US, all franchised.
- Cost to open
- $119K–$244K
- Franchise fee
- $50,000
- Royalty
- 7% + minimum
- Locations, 2025
- 76+29 in 2 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From Keyrenter Franchise LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Keyrenter Property Management franchise costs
Opening new business costs an estimated $118,750 to $244,400. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Keyrenter Franchise LLC, 2026 filing, page 22
Keyrenter Property Management franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Keyrenter Franchise LLC, 2026 filing, page 11
Royalty and ongoing fees
| Royalty | The greater of 7% of monthly gross revenue or the applicable minimum royalty. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Keyrenter Franchise LLC, 2026 filing, page 13
Sales and earnings
Shares figures Keyrenter Property Management publishes sales or earnings figures for its locations: Historical information covers different subsets of reporting businesses by year.. The full tables, with notes on which locations are counted, are in its filing.
Source: Keyrenter Franchise LLC, 2026 filing, page 50
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 55 (+8) | 0 | 1 |
| 2024 | 59 (+4) | 0 | – |
| 2025 | 76 (+17) | 0 | 3 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: Keyrenter Franchise LLC, 2026 filing, page 58
How Keyrenter Property Management compares
Of the 14 real estate franchises on this site, Keyrenter Property Management is the 9th cheapest to open and the 9th largest by number of locations.
| Measure | Keyrenter Property Management | Typical real estate |
|---|---|---|
| Cost to open, low end | $119K | $56K |
| Royalty | 7% | 6% |
| Closed or left per year | 3.6% | 3.7% |
| Change in franchised locations, 2 yrs | +61.7% | +24.2% |
| Shares earnings figures | Yes | 6 of 14 |
Typical is the median across the 14 brands in real estate franchises.
