Property management companies in Virginia

Virginia has 971 property management companies on map listings as of September 2026. Of those, 44 are chain locations, or 5%, against 4% across the U.S. Per 10,000 households, that is 2.9, 3% below the U.S. rate of 3.0.

Household spending on rent and homeowner costs in Virginia comes to about $56.7B a year: $16,844 per household, in line with the U.S. average. Housing spending per company is 5% 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.

Official counts show 1,883 businesses with payroll classed as residential and commercial property managers in Virginia in 2023, up 9.4% from 2019. That is one for every 1,787 households, against one for every 1,638 across the U.S. Across the U.S., the count rose 11.4% over the same years. Since fiscal 2022, 22 SBA-backed loans worth $5M have gone to businesses classed as residential and commercial property managers in Virginia.

Among the 50 states and DC, Virginia ranks #22 for property management companies, with a Groundwork market score of 52 (upper middle). Of the 11 scored metro areas in or partly in Virginia, the Kingsport-Bristol metro area scores highest (71). Of the 2 scored small-town markets in or partly in Virginia, the Danville area scores highest (57).