Keyrenter Property Management is a franchise providing property management services for residential properties, ensuring efficient operations and tenant satisfaction.
KEY FRANCHISE STATS
Franchisees
?
76
+
38%
38%
Franchise fee
?
$50,000
Investment
?
$97,000 - $244,000
Revenue (AUV)
?
Undisclosed
$371,000
+
n.a.
n.a.
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Established in 2007 in Midvale, Utah, Keyrenter Property Management has swiftly become a prominent name in the residential property management industry.
The company offers comprehensive services designed to provide cost-effective and stress-free solutions for property owners and investors. Leveraging cutting-edge proprietary systems and technology, Keyrenter streamlines operations to maximize property value and efficiency.
In 2014, Keyrenter began franchising to empower entrepreneurs and real estate professionals to establish their own successful property management businesses. The franchise model provides a unique opportunity to enter the booming rental market, with millions choosing to rent rather than buy.
What sets Keyrenter apart is its commitment to innovation and efficiency. The company utilizes automated systems to handle daily tasks such as tenant screening, maintenance, and data entry, allowing franchise owners to manage larger property portfolios with minimal staff.
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The initial investment required for a Keyrenter Property Management franchise is
$97,000 - $244,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Keyrenter Property Management offers 2 options:
Type of Franchise
Initial Investment Range
KPM Franchise
$118,750 to $244,400
Brand Conversion
$97,250 to $174,800
The investment information below is based on the estimated initial investment for a KPM Franchise.
For more information on the costs required to start a Keyrenter Property Management franchise, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure
Amount
Initial Franchise Fee
$50,000
E-2 Visa Fee
$0 to $15,000
E-2 Visa Deposit
$0 to $35,000
Training Fee
$5,000
Initial Marketing & Start-up Packaging Fee
$10,000
Travel and Living Expenses to Attend Initial Training
$3,000 to $5,000
Real Estate/Rent
$1,500 to $5,000
Real Estate Broker Fees
$5,000 to $10,000
Real Estate Licensure or Property Management Training
$800 to $2,000
Utility Deposits
$0 to $1,500
Leasehold Improvements
$0 to $4,000
Insurance
$1,500 to $4,000
Office Equipment and Supplies
$1,000 to $4,000
Signage
$500 to $5,000
Furniture, Fixtures and Equipment
$1,500 to $2,000
Property Management Software Implementation Fee
$600
Licenses and Permits
$1,650 to $3,000
Legal and Accounting
$2,000 to $6,000
Dues and Subscriptions
$1,500 to $3,000
Keyrenter Marketing
$0 to $5,550
Local Marketing and Lead Generation
$0 to $8,550
Additional Funds - 3 Months
$33,200 to $60,200
Total Estimated Initial Investment
$118,750 to $244,400
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Keyrenter Property Management offers 2 options:
Type of Franchise
Initial Investment Range
KPM Franchise
$118,750 to $244,400
Brand Conversion
$97,250 to $174,800
The investment information below is based on the estimated initial investment for a KPM Franchise.
For more information on the costs required to start a Keyrenter Property Management franchise, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure
Amount
Initial Franchise Fee
$50,000
E-2 Visa Fee
$0 to $15,000
E-2 Visa Deposit
$0 to $35,000
Training Fee
$5,000
Initial Marketing & Start-up Packaging Fee
$10,000
Travel and Living Expenses to Attend Initial Training
$3,000 to $5,000
Real Estate/Rent
$1,500 to $5,000
Real Estate Broker Fees
$5,000 to $10,000
Real Estate Licensure or Property Management Training
$800 to $2,000
Utility Deposits
$0 to $1,500
Leasehold Improvements
$0 to $4,000
Insurance
$1,500 to $4,000
Office Equipment and Supplies
$1,000 to $4,000
Signage
$500 to $5,000
Furniture, Fixtures and Equipment
$1,500 to $2,000
Property Management Software Implementation Fee
$600
Licenses and Permits
$1,650 to $3,000
Legal and Accounting
$2,000 to $6,000
Dues and Subscriptions
$1,500 to $3,000
Keyrenter Marketing
$0 to $5,550
Local Marketing and Lead Generation
$0 to $8,550
Additional Funds - 3 Months
$33,200 to $60,200
Total Estimated Initial Investment
$118,750 to $244,400
Franchise Disclosure Document
Below is Keyrenter Property Management's 2026 Franchise Disclosure Document. Sign up for free to view the document.
Number of units
Keyrenter Property Management had 76 total units in 2026, of which 76 were franchised-owned and 0 company-owned.
Frequently Asked Questions
What is the royalty fee of
Keyrenter Property Management
?
The royalty fee for a Keyrenter Property Management franchise is 7.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 4.00%.
What is the total investment of
Keyrenter Property Management
?
The initial investment required for a Keyrenter Property Management franchise is $97,000 - $244,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee of
Keyrenter Property Management
?
The initial franchise fee for a Keyrenter Property Management franchise is $50,000. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
What is the AUV of
Keyrenter Property Management
?
Keyrenter Property Management does not disclose the average unit volume (average revenue) in its FDD.
The average unit volume (average revenue) for a Keyrenter Property Management franchise is $371,000.
Keyrenter Property Management provides a comprehensive training program for its franchisees, encompassing various stages and requirements. The training includes the following:
Initial Training Program:
This program is mandatory for the Designated Owner or Designated Manager and includes material aspects of running the franchised business. Training topics such as branding, marketing, and operational standards are covered, with a fee of $5,000 for up to two persons and additional charges for more attendees.
Pre-Onboarding Phase:
A task-focused onboarding program begins once the franchisee has obtained the necessary licenses. This includes remote sessions on topics like local licensing, business entity setup, branding, and Appfolio software orientation.
State-Specific Real Estate Training:
Franchisees must complete property management training from a state-certified provider to understand regulations such as rental income and security deposits. This training is at the franchisee's expense.
Additional and Refresher Training:
Periodic training programs may be offered, and attendance could be mandatory or optional. Additional fees apply for such sessions.
Remedial Training:
If operational deficiencies are identified, the franchisor may require franchisees and staff to undergo remedial training at the franchisee's expense.
Territory Protection
Keyrenter Property Management grants franchisees exclusive territorial rights, ensuring no other Keyrenter outlet operates within a five-mile radius of their approved location, provided performance and compliance requirements are met. This protects the franchisee’s market and operational area.
However, Keyrenter retains the right to manage properties within the territory, operate unrelated businesses under different trademarks, and allow cross-territory management under its policies. These provisions balance franchisee exclusivity with franchisor flexibility.