Top Multifamily Property Management Companies of 2026
Learn which companies rank among the top 65!
You can also read our other Property Management Firms rankings.
Key: A= Affordable Housing, MR= Market Rate, L= Luxury, St= Student Housing, Se= Senior Housing, X= Other
Though we make every effort to include all major property management companies, several notable firms (among them Willow Bridge Property Co., Morgan Properties) did not participate this year.
To be included in upcoming surveys, email Agota Felhazi at agota.felhazi@cpe-mhn.com.
Amid an increasingly technology-driven operating environment, the nation's leading multifamily property managers have continued to grow. This year's ranking of the Top Multifamily Property Management Companies showcases 65 firms with portfolios encompassing more than 4.1 million units across approximately 18,800 communities. Overall, the firms increased their footprint during the 2025 reporting period, up from 3.8 million units across some 16,500 properties managed in 2024.
Even as portfolio growth remained widespread, the average occupancy rate reached 93.6 percent last year, a step up from the 93.5 percent average of 2024. Almost two-thirds of the ranked firms expanded their footprints during 2025. Leading the pack was Arqline, followed by Asset Living, Fairstead and Solhem, each increasing their footprint more than 50 percent.
Free rent was the most commonly offered lease concession during 2025, with one-month free emerging as the standard offer. The incentive period ranged from two to six weeks. Other concessions included waived application or administrative fees, move-in credits, as well as look-and-lease incentives. A small number of respondents reported using no concessions or implementing market-specific offers.
Take a closer look at this year's top 10 firms below.
1. Greystar
Greystar remained firmly in the lead. The company managed more than 1 million units last year, overseeing a portfolio larger than the next four firms combined. With a network of 63 offices worldwide, Greystar has a presence in 260 markets. The company expanded its reach by 9 percent compared to 2024. Greystar also sustained an average occupancy rate of 92 percent across nearly 4,000 communities.
2. Asset Living
Asset Living maintained the second spot for another year, relying on more than four decades of industry experience. The company had over 446,000 units under management in 2025. With a presence in more than 40 states across the U.S., Asset Living increased its portfolio an impressive 55 percent compared to 2024 through activities that included strategic partnerships in the West and Midwest. The company recorded an average occupancy rate of 93 percent across more than 3,000 communities.
3. RPM Living
RPM Living held the third position for another year. The firm oversaw close to 241,500 units across 980 communities, increasing its third-party property management portfolio by 10 percent compared to 2024. With the help of 5,000 property management professionals, RPM Living sustained its presence in more than 50 submarkets and maintained a 93 percent occupancy across its portfolio.
4. Avenue5 Residential
Avenue5 Residential secured fourth place with a portfolio of nearly 154,000 units across more than 770 communities. The third-party property management company scaled its operation by 8 percent compared to 2024 and was present in 24 states as well as Washington, D.C. With the help of more than 4,000 professionals, Avenue5 Residential increased its average portfolio occupancy to 93.5 percent.
5. Apartment Management Consultants
Apartment Management Consultants landed in fifth place, overseeing nearly 152,400 units throughout 870 communities. Available in 25 states, the third-party property management company expanded its footprint by 5 percent compared to 2024. Aided by more than 3,800 employees, AMC maintained a 95 percent occupancy rate across its portfolio, the highest rate among the top 10 companies.
6. Bozzuto
Bozzuto claimed sixth place with a portfolio of close to 136,100 units across 440 communities. Present in more than 20 states, the company’s property management business increased its coverage by 12 percent compared to 2024. Bozzuto maintained a 93 percent occupancy rate throughout its portfolio.
7. Cushman & Wakefield
Cushman & Wakefield finished in seventh place, overseeing more than 143,500 units across 743 communities. The company decreased its footprint by 9 percent compared to 2024. The global firm has a wide reach sustained by some 400 offices. Cushman & Wakefield was also a leading company on our 2026 Top Brokerage Firms and 2026 Top Multifamily Finance Firms rankings.
8. ZRS Management
ZRS Management achieved eighth place with a portfolio spanning close to 113,000 units across 398 communities. Active in eight states, the third-party management company increased its footprint by 21 percent compared to 2024. ZRS Management maintained a 91 percent occupancy rate last year.
9. BH Management
BH Management secured ninth place with a portfolio of more than 91,600 units across 358 communities. The third-party management company has a presence in 37 states despite a 15 percent decrease in its portfolio compared to 2024. BH Management increased its average occupancy rate to 92.9 percent.
10. FPA Multifamily
FPA Multifamily claimed 10th place, overseeing close to 73,000 units across 350 communities. The sole owner-manager among our top 10, the real estate company increased its footprint by 17 percent compared to 2024. FPA Multifamily maintained a 94 percent occupancy rate across its portfolio last year.
Methodology
The Top Multifamily Property Management Companies of 2026 ranking utilized self-reported data for all firms. Positions were calculated using a weighted formula based on a variety of factors, including the total units under management, growth over the years, portfolio occupancy and presence across property sectors, among others. The ranking represents what we feel is a logical balance between firm growth, market share and property diversification. Ranking factors are not limited to the data that appear on this page.
—Agota Felhazi, Senior Associate Editor
Read the August 2026 issue of MHN.
