Lucas BrennanFinding a reliable partner to watch over your rental property requires significant time and research.
Local investors and out-of-state landlords alike require partners who prioritize the long-term health of their assets.
Indianapolis maintains a busy rental market, and picking the right team often determines the difference between steady passive income and constant headaches. Thus, I have reviewed the top players in the Circle City to help you decide which one fits your specific goals.
How much does property management cost in Indianapolis?
Managing a property in Indianapolis generally follows a percentage-based model. You can expect to pay between 8% and 12% of the monthly rent for standard management.
If you prefer predictability, some firms offer flat monthly fees ranging from $100 to $200. Beyond the monthly cut, most companies charge a leasing fee to find new tenants, which is usually 50% to 100% of one month’s rent.
In addition, you should watch out for smaller costs like lease renewal fees or maintenance markups that can impact your bottom line.
1. Intrigue Real Estate & Property Management
Website: https://www.intriguepm.com/
Address: 350 Massachusetts Ave # 300
Contact: +1 317-593-9133
Schedule: Available 24 Hours
Looking to step back from the daily grind of property management? Intrigue Real Estate uses an integrated team to manage your investment lifecycle, making the whole process feel surprisingly smooth.
They specialize in the data-driven side of real estate, which is a huge win for landlords who want a profitable, stress-free portfolio. Honestly, their hassle-free guarantee is a game-changer for anyone living out of state.
A fellow investor recently shared that the team handles all the heavy lifting without asking for constant input. They’ve clearly mastered the Greater Indianapolis area, giving them a serious edge in local market timing.
Just a heads-up, though, their expertise is very much “locked in” to one spot. Since their geographic focus is limited to Indianapolis, they won’t be able to help you manage properties located in other regions.
Definitely worth it!
Highly recommend working with Intrigue. The process was seamless from beginning to end. They took care of any issues within a timely manner and quick to respond. I worked directly with Maisy throughout my lease and she took great care of all my questions, concerns and endless emails! Definitely worth it 👍👍
– Stephanie Blair, Google Review
Always responsive, organized, and truly cares
The Intrigue team is always responsive, organized, and truly cares about the properties and residents they manage. Communication is clear, and they handle everything with professionalism and attention to detail. It’s been great partnering with them, and I highly recommend their services to anyone looking for a reliable and dedicated property management company.
– Belle Justus, Google Review
2. Red Door Property Management
Website: https://www.reddoorrents.com/
Address: 3815 River Crossing Pkwy #100
Contact: +1 317-660-1626
Schedule: Mon – Fri: 9 AM – 5:30 PM
Red Door Property Management prioritizes transparency through high-definition video documentation. They record every inspection and provide weekly video analytics when a property is vacant.
This visual detail is a significant benefit for out-of-state owners who cannot walk through the house themselves. Meanwhile, their use of the Property Meld platform allows you to see maintenance notes in real-time.
The company also utilizes an in-house maintenance team to provide faster response times and lower costs. Their video walkthroughs often exceed the quality of professional real estate listings, which is what I loved most about their services.
One thing to keep in mind is that they generally advise against using home warranties. They prefer their own vetted vendors to maintain quality control, which may be a conflict if you are tied to a specific warranty provider.
The maintenance team at Red Door Property is fantastic!
The maintenance team at Red Door Property is fantastic! I especially want to recognize Buddy, who delivered a loaner fridge to our property. He was incredibly kind, friendly, and professional throughout the process. Even though he was working on his own, he had a great attitude and made sure the fridge was placed exactly where we needed it. His helpfulness and positive energy truly stood out!
– Alejandra Aguilar, Google Review
They respond to the application very quickly.
We moved two weeks ago and it was great, the home is amazing, great space, very comfortable and beautiful views in a great location. We are very happy in this new home. Carmina is a very nice and kind person, she is very dedicated to her work and she is always there to help. They respond to the application very quickly. We liked a lot to apply in Red Door. Really recommended!!
– Miguel Arellano, Google Review
3. Indiana Property Management Group LLC
Website: https://www.indianapmg.com/
Address: 4929 E 96th St
Contact: +1 463-777-1112
Schedule: Mon – Fri: 8:30 AM – 5 PM
Indiana Property Management Group maintains a strategic partnership with Century 21 Scheetz, a highly successful, independently owned real estate brokerage. This connection gives you access to a large network of real estate experts to help grow your portfolio.
The firm also maintains strict application standards to ensure only the most qualified tenants occupy your rental. This rigor helps keep turnover low and income steady.
On top of that, they also provide a digital experience where you receive direct electronic disbursements rather than waiting for a check in the mail.
Another key advantage is their zero-maintenance markup policy, which removes the burden of ongoing updates, fixes, and technical upkeep.
However, one potential drawback is that they currently do not participate in housing assistance programs like Section 8. If your investment strategy relies on those vouchers, you may need to look elsewhere.
They are some of the best in the property management industry
Reyna, Jillian, Maria, and Alexa have been amazing to work with! From prompt communication, professionalism and overall kindness, they are some of the best in the property management industry. Highly recommend!
– Brandon Borah, Google Review
With my experience, I would highly recommend
I was a tenant for 6 1/2 years in a property managed by IPMG. I had very few problems with the rental property, but when I did, issues were handled quickly and professionally. There was not a lot of back and forth. They always deferred to my schedule and made it convenient for me. My property management specialist was Pam Antonetti. She is a superior host and was constantly a bright spot in my day. I honestly didn’t know how good I had it until I moved. With my experience, I would highly recommend.
– Becky Reynolds, Google Review
4. T&H Realty Services, Inc.
Website: https://www.threaltyinc.com/
Address: 760 E 52nd St
Contact: +1 317-255-7767
Schedule: Mon – Fri: 9 AM – 5 PM
Ever feel like your property management company doesn’t actually “get” being a landlord? Well, T&H Realty Services was actually built by investors who’ve been in your shoes since 2000.
Because they understand the stress of a bad contract, they offer a “Happiness Guarantee.” This means you can walk away with just 30 days’ notice if things aren’t clicking.
Plus, they stand by their tenant placement with a 90-day maintenance warranty on all initial repairs. If they can’t find a tenant within 30 days, they will even cut their own marketing fee to keep things fair.
On the flip side, they are quite selective about the specific homes they decide to take on. While this keeps their portfolio high-quality, it can be a hurdle because your property must meet their exact standards before they’ll even consider starting management.
Went above and beyond
This company has been great. Very attentive during the move-in process even though our move-in date was 11/27 thanksgiving! Carly and Ivy both went above and beyond to answer questions the day before move-in. Carly mentioned that she would be available on the move-in day if I needed anything. I’ve had a few maintenance concerns, T&H made it easy to submit my concerns and called to discuss them the same day. I’m very happy we went with this property.
– Eleanore Rigby, Google Review
T&H staff were very professional
Terri Ashemore at T & H made this process incredibly simple and straightforward. As an out-of-state investor I had a lot of concerns entering this process but Terri kept me up to date at all times and worked hard to make sure the process was moving along quickly. T&H staff were very professional and always available with a helping hand. I’m looking forward to the next stage of the process and hopefully to another purchase in the near future.
– Michael Messina, Google Review
5. CRM Properties
Website: https://www.crmproperties.net/
Address: 4216 N College Ave # 6
Contact: +1 765-459-8034
Schedule: Mon – Fri: 9 AM – 5 PM
CRM Properties focuses on risk reduction with a suite of protections. Their plans cover specific risks such as evictions, pet damage, and even sewage liens.
Owners seeking financial security against “what-if” scenarios often choose these specialized coverage plans. Plus, their flexible month-to-month management contracts mean they earn your business every month.
The company uses its own in-house project managers and maintenance crews for everything from small leaks to full renovations.
You also receive an online portal with 24/7 access to statements and tax documents to simplify the tax season, which is a major convenience.
Note that management fees vary based on the property’s location and condition. While rates start at 8%, they can increase for certain properties.
As a result, you should request a firm quote during your initial assessment for transparent budgeting.
They are incredible responsive, genuine, and caring
Jennelle and Megan are an amazing duo to work with. was so smooth and easy. As others below have mentioned, they are incredible responsive, genuine, and caring for those going through a stressful time of finding a new home. Couldn’t have asked for a better pairing to work with.
– Ethan Babcock, Google Review
I’m very pleased with the outcome
We had an excellent experience working with Heather on an issue with the IHA. She was professional, persistent, and prompt in all her communications, keeping me informed throughout the entire process. I’m very pleased with the outcome.
– Colin, Google Review
