Top Monthly Rental Management Platforms in New York City (January 2026)

Mid-term rentals allow owners to earn 20% to 60% more income compared to traditional long-term leases while retaining the flexibility to block off dates for personal use. However, most mid-term rental management companies in NYC will take 20% to 50% of your rental income while limiting where your home appears online. You end up paying more in fees while reaching fewer potential guests, which directly affects how often your home stays occupied. We evaluated management costs, booking channel access, reported occupancy rates, and whether you can switch between full-service and self-management when your schedule changes.

TLDR:

• NYC monthly rentals require 30+ day stays; management fees range from 15-50% across services.
• Rove Travel charges 15% with 85%+ occupancy vs competitors at 20-50% with lower performance.
• Full OTA distribution (Airbnb, VRBO, Booking.com) drives better returns than single-channel listings.
• Self-management tools at no cost provide pricing control without software fees or commissions.
• Rove Travel manages more than 200 NYC homes with 4.8-star ratings and transparent fee structures.

What is Monthly Rental Management in New York City?

Monthly rental management services in New York City handle furnished rentals for stays of 30 days or longer. NYC regulations require strict registration and hosted requirements for stays under 30 days, making 30-plus-day rentals the primary compliant option for unhosted stays.

These services list your home across booking sites, screen guests, set pricing based on market demand, coordinate turnovers, and handle maintenance requests. For owners seeking rental income without daily involvement, monthly rental management acts as your operational partner while you retain ownership and control over availability.

How We Ranked Monthly Rental Management Services

We evaluated each service based on criteria that matter for monthly rental income and peace of mind. All data comes from publicly available sources including company websites, published reviews, and reported performance metrics.

Key ranking factors:

• Management fee structure and transparency, including hidden costs or additional service charges
• Distribution reach across major booking channels and direct booking sites
• Service flexibility, from self-management tools to full-service options
• Home requirements such as exclusivity terms, minimum bedroom counts, or upfront investments
• Occupancy rates and direct booking performance where publicly reported
• Guest screening processes and quality standards for tenant selection
• Damage protection policies and owner liability coverage

Each service received scoring across these dimensions. Pricing and occupancy performance carried the heaviest weight, as both directly affect your rental returns.

Best Overall Monthly Rental Management: Rove Travel

Rove Travel offers full-service management at 15% with distribution across every major channel. We manage 200 NYC homes with 85%+ occupancy rates and an 80%+ direct booking rate, keeping more rental income in your pocket.

What we offer:

• 15% management fee compared to the 25-30% industry standard
• RoveCore software at no cost for owners who prefer self-management
• Listings on Airbnb, VRBO, Booking.com, and RoveTravel.com
• 4.8-star guest rating backed by thorough screening and $5M damage protection
• Beyond Pricing integration for rate optimization
• 24/7 concierge support with a local NYC operations team

We partner with Marriott Homes & Villas, giving your home access to 140M+ Bonvoy members. For owners who want hands-on control, RoveCore provides the same pricing tools and unified inbox without software fees or OTA commissions.

OneFineStay

OneFineStay operates under Accor's ownership with a 50% revenue share model. The service lists homes exclusively on their own site, avoiding all major booking channels.

What they offer:

• Professional photography and home styling for accepted residences
• Selective acceptance into a curated portfolio with access to Accor's travel advisor network
• Full-service management where owners relinquish pricing control in exchange for hands-off operation

This model suits owners of primary residences who travel frequently and value brand prestige over rental income. The 50/50 revenue split takes half your rental earnings compared to 15% alternatives. Without Airbnb, VRBO, or Booking.com distribution, guest reach stays limited. OneFineStay manages approximately 20 NYC homes versus larger competitors operating 200-plus.

Compass Real Estate

Compass operates as a real estate brokerage offering furnished rental services for their clients, but stops short of providing complete management. The service focuses on sales representation with a 8-15% commission for rental brokerage services. This does not include any rental management services.

What they offer:

• Marketing and tenant placement through their agent network
• Professional photography and listing creation
• Access to their proprietary search portal and buyer database
• Agent-facilitated showings and lease negotiation

This model works for owners who have their own management systems in place and need only tenant placement. The 8-15% commission applies once per lease signing, but you handle guest screening, maintenance coordination, turnover services, and ongoing guest communication yourself. Without distribution to RoveTravel.com, Airbnb, VRBO, or Booking.com, reach stays limited to Compass's agent network and direct inquiries. For owners seeking complete hands-off management with ongoing support, brokerage services leave operational gaps that affect guest satisfaction and repeat bookings.

Blueground

Blueground focuses on institutional partnerships with multi-unit apartment buildings and corporate housing clients. The company manages over 15,000 apartments globally but typically declines partnerships with individual homeowners.

What they offer:

• Full-service management for institutional property owners
• Corporate housing focus with direct relationships to relocating employees
• Standardized furnishing packages and branded amenities
• Long-term lease structures targeting 30-day minimum stays

The institutional focus means individual homeowners face high barriers to entry. Blueground's model works best for property management companies or developers with multiple units in a single building. Fee structures remain undisclosed publicly, and acceptance requires meeting strict property standards across multiple units. For owners of one or two homes seeking rental income, Blueground's corporate orientation and institutional requirements create a mismatch with individual ownership models.

Douglas Elliman

Douglas Elliman offers furnished rental services through their property management division, combining brokerage expertise with ongoing management. The service charges a one-month fee for tenant placement plus 8-15% monthly management fees.

What they offer:

• Tenant screening and lease execution through their agent network
• Monthly management services including rent collection and maintenance coordination
• Marketing through Douglas Elliman's website and broker channels
• Property inspections and vendor management

The one-month placement fee adds to your upfront costs before generating rental income. On a $10,000 monthly rental, the placement fee costs $10,000 plus 8-15% ongoing, compared to 15% all-in with broader distribution. Douglas Elliman focuses on traditional long-term leases over flexible furnished stays, limiting appeal to the corporate and relocated professional market that drives NYC monthly rentals. Brokers who specialize in sales and long-term tenants typically lack the systems and distribution channels needed for mid-term rental success. Without presence on Airbnb, VRBO, or Booking.com, your home reaches only direct inquiries and broker referrals, reducing exposure to the millions of guests searching those channels for 30-plus-day stays.

Feature Comparison Table of NYC Monthly Rental Management Services

The table below compares management fees, distribution reach, and service flexibility across NYC monthly rental services.

Why Rove Travel is the Best Monthly Rental Management Service in NYC

Rove Travel manages 15% of furnished monthly rentals in NYC, delivering returns competitors can't match. Where others charge 20-50% and limit distribution to their own sites, Rove lists your home across Airbnb, VRBO, Booking.com, and RoveTravel.com while maintaining 85%+ occupancy and an 80%+ direct booking rate.

The choice between full-service management and RoveCore's self-management tools gives you control over involvement levels. Both options include Beyond Pricing integration, a unified inbox, and 4.8-star guest screening. No bedroom minimums, no $15,000-30,000 upfront investments, no revenue splits exceeding 50%.

For NYC owners managing 30-day minimum requirements, local market knowledge matters. Rove operates 200 homes here with a dedicated operations team. Transparent fees, measurable performance data, and management flexibility make Rove the straightforward choice for monthly rental income.

Final Thoughts on Selecting Monthly Rental Management

Finding the right furnished monthly rental management service means looking past marketing language to actual performance numbers. Management fees, occupancy rates, and distribution reach all directly impact your earnings. You deserve transparency around costs and results so you can make an informed decision about who manages your home.

FAQ

How do I choose the right monthly rental management service for my NYC home?

Start by comparing management fees and distribution reach, as these directly affect your returns. Services charging 15% with listings on Airbnb, VRBO, and Booking.com will generate more income than those charging 25-50% with limited distribution. Consider whether you want full-service management or prefer pricing control through self-management software, and verify the service maintains an active NYC operations team with local market knowledge.

Which monthly rental management option works best for hands-off owners versus those who want pricing control?

Full-service management suits owners seeking completely hands-off operation, handling everything from guest screening to maintenance coordination for a percentage of rental revenue. If you prefer to set your own rates and manage guest interactions while accessing professional pricing tools and multi-channel distribution at no cost, self-management software offers that control without ongoing fees or revenue sharing.

What's the difference between services charging 15% versus 50% management fees?

On a home generating $100,000 annually, a 15% fee leaves you with $85,000 while a 50% fee leaves $50,000—a difference of $35,000 per year. Higher fees often come with limited distribution or exclusivity requirements that restrict your reach to major booking channels, reducing both occupancy potential and your ability to switch services if performance falls short of expectations.

Can I use monthly rental management if my home has fewer than four bedrooms?

Most services accept homes of any size, but some require four or more bedrooms, excluding the majority of NYC residences. Services without bedroom minimums give you access to professional management regardless of your home's configuration, making them better suited for the two and three-bedroom homes that dominate the New York market.

Why does distribution across multiple booking channels matter for monthly rentals?

Listing on Airbnb alone limits your audience to one channel's user base, while distribution across Airbnb, VRBO, and Booking.com expands your reach to millions of additional guests. Services reporting 85%+ occupancy rates typically maintain presence on all major channels plus a direct booking site, compared to 78% or lower for single-channel approaches, translating to thousands of dollars in additional annual income.