The cost to hire a property manager also depends on several things: your location, type of property, extent of services, and whether or not they are an independent/private property manager. But just to give you an idea, the usual charge of a property manager hired to oversee a rental property is more or less 10% of the rental fee. So, for instance, if your tenants are paying you $1,000 dollars for their monthly rental, $100 of that will go to the property manager.