Groundwork

Real estate · Metro area · Tennessee

Property management companies in the Cleveland, TN metro area

How the Cleveland, TN metro area compares with other metro areas and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 63 out of 100: Upper middle

Ranked #79 of 374 scored metro areas
#4 of 10 scored metro areas based in Tennessee

Listings
12
0 chain locations (0%)
Official establishments
13
Businesses with payroll, 2023
Household spending a year
$710.1M
On rent and homeowner costs · $14,196 a household
Housing spending per listing (U.S. = 100)
107
7% above the U.S.
Listings per 10k households
2.4
20% below the U.S.
Population, 2025
134,057
+6.1% since 2020

See the property management companies around any address in the Cleveland metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Cleveland metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 12 property management companies in the Cleveland metro area. None of them are chain locations, against 4% across the U.S. That is 2.4 per 10,000 households, 20% below the U.S. rate of 3.0.

Household spending on rent and homeowner costs in the Cleveland metro area comes to about $710.1M a year: $14,196 per household, 15% below the U.S. average. Housing spending per company is 7% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

In 2023, official counts showed 13 businesses with payroll in the Cleveland metro area classed as residential and commercial property managers. That is one for every 3,848 households, against one for every 1,638 across the U.S.

Between 2020 and 2025, the population of the Cleveland metro area grew 6.1%, faster than the U.S. (+3.1%). The Cleveland metro area scores 63 (upper middle) on the Groundwork market score for property management companies, ranking #79 of 374 scored metro areas and #4 of 10 scored metro areas based in Tennessee. That puts it in the top quarter of metro areas.

How the Cleveland metro area compares

The same measures for Tennessee and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Cleveland, TN metro area compared with Tennessee and the U.S.
MeasureCleveland metro areaTennesseeU.S.
Listings per 10k households2.42.53.0
Housing spending per listing (U.S. = 100)107108100
Households per official establishment3,8482,2591,638
Official establishment growth, 2019–2023n/a+22.4%+11.4%
Population growth, 2020–2025+6.1%+5.6%+3.1%
Spending per household on rent and homeowner costs$14,196$14,833$16,661
Median household income$66,135$69,595$80,734
Groundwork market score6363

Official counts and lending

Businesses

Official establishments, 2019 to 2023
13
Employees, 2023
30
Annual payroll, 2023
$1.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
120 chain locations
Listings at the U.S. rate for this spending
13The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as residential and commercial property managers in the Cleveland metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Cleveland metro area

Population, 2025 estimate
134,057+6.1% since 2020
Households
50,020
Median age
41.0
Homes lived in by their owners
70%
Vehicles per household
2.1
Land area
763 sq. mi.
People per square mile
169
Median household income
$66,135+32.5% vs. 2015–2019, before inflation
Average household income
$85,584
Median home value
$247,000
Jobs located here
44,994
Daytime population
118,518Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Cleveland metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

Or open the report at the center of the Cleveland metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Property management across Tennessee

Every Tennessee market ranked →

The highest-scoring metro areas in Tennessee for property management companies, numbered among those based in Tennessee, with the Cleveland metro area marked.

Top metro areas in Tennessee

Metro areas in Tennessee ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Kingsport-Bristol, TN-VA71100.8325+2.3%#27 of 374
2Morristown, TN67102.1120+7.9%#50 of 374
3Knoxville, TN64882.3116+6.9%#72 of 374
4Cleveland, TN63122.4107+6.1%#79 of 374
5Johnson City, TN60182.0123+4.3%#97 of 374
6Chattanooga, TN-GA57612.6103+5.3%#119 of 374
7Jackson, TN56152.1120+2.2%#127 of 374
8Nashville-Davidson–Murfreesboro–Franklin, TN512493.097+8.7%#176 of 374
9Clarksville, TN-KY49493.966+8.5%#203 of 374
10Memphis, TN-MS-AR431492.893−0.3%#242 of 374

Other business types in the Cleveland metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Cleveland, TN metro area?

There are 12 property management companies on map listings in the Cleveland metro area as of September 2026. None of them are chain locations. The listings count property management companies. Official counts show 13 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Cleveland, TN metro area spend on rent and homeowner costs?

About $710.1M a year, or $14,196 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). For the 12 property management companies on map listings, housing spending per company is 7% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 50,020 households in the Cleveland metro area and national spending patterns by income.

How does the Cleveland, TN metro area compare with the U.S. for property management companies?

The Cleveland metro area has 2.4 property management companies per 10,000 households, 20% below the U.S. rate of 3.0. The index of housing spending per company is 107, where 100 is the U.S. At the national ratio of property management companies to household spending, the Cleveland metro area would have about 13, against 12 on map listings. There is one business with payroll in the industry for every 3,848 households, against one for every 1,638 across the U.S.

How fast is the Cleveland, TN metro area growing?

Population estimates put the Cleveland metro area at 134,057 people in 2025, up 6.1% since 2020, faster than the U.S. (+3.1%). It has 50,020 households. The median household income in the Cleveland metro area is $66,135 a year, 18% below the U.S. median of $80,734. That rose 32.5% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Cleveland metro area scores 63 for property management companies (upper middle), #79 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Cleveland metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Cleveland metro area

Screening a site or an acquisition in the Cleveland metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Cleveland metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.