Lubbock Pricing Guide · Updated 2026
How Much Does Property Management Cost in Lubbock, Texas?
Rent-LBK charges 8.5% of collected rent on the Essential plan and 10% on the Pro plan, with no maintenance markups and no fee while the property is vacant. Typical Lubbock property managers charge 8%–12% of monthly rent plus a leasing fee of 50%–100% of one month's rent, and add 10%–20% markups on maintenance invoices. The table below breaks down every fee side by side.
The Short Answer
For a typical Lubbock single-family rental collecting $1,500/month, expect:
- Monthly fee: $120 – $180 (8%–12%)
- Leasing fee (per new tenant): $750 – $1,500
- Renewal fee: $125 – $400 every 12 months
- Maintenance markup (industry norm): 10%–20% — $0 at Rent-LBK
Maintenance markups are where most owners quietly overpay. On a single $1,200 HVAC repair, a 15% markup adds $180 — often more than a full month of management fees.
Lubbock Property Management Fees — Full Breakdown
Typical Lubbock-market ranges vs. Rent-LBK's transparent pricing.
| Fee Type | Typical Lubbock Range | Rent-LBK |
|---|---|---|
| Monthly Management Fee | 8% – 12% of collected rent | 8.5% (Essential) / 10% (Pro) |
| Leasing / Tenant Placement Fee | 50% – 100% of one month's rent | 50% (Essential $400 min / Pro no min) |
| Lease Renewal Fee | $200 – $400 or 10% of rent | $250 (Essential) / $175 (Pro) — drops to $200 / $125 on 4+ door portfolios |
| Maintenance Markup | 10% – 20% on vendor invoices | $0 — billed at cost |
| Setup / Onboarding Fee | $200 – $500 | Included in Pro |
| Vacancy Fee | Sometimes charged | $0 — you only pay when rent is collected |
| Eviction Coordination | $200 – $500 + legal | Coordinated at cost |
What Affects Your Property Management Cost?
1. Number of Properties
Owners with 4+ doors qualify for portfolio discounts. At Rent-LBK that drops management to 8%–9% and renewal fees to $125.
2. Rent Price
Percentage-based pricing scales with your rent — a $2,500/mo home pays more in fees than a $1,200/mo home, but also generates more income to manage.
3. Property Type
Multifamily, student rentals, and Section 8 properties have different cost structures than standard single-family rentals.
4. Maintenance Model
In-house maintenance (no vendor markup) almost always beats outsourced models over a 12-month period — especially on older Lubbock homes.
Frequently Asked Questions
Lubbock property management pricing, answered honestly.
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