Bay Area · Contra Costa County

Property Management in Richmond, CA

Hearth runs your Richmond rental end-to-end — leasing, rent collection, maintenance, compliance, and clean owner reporting — for a flat 8%. Book a free strategy call and see the numbers on your property.

Book a free call →Run your renewal leakage audit
Typical rent
$2,562/mo
+3.1% YoY · Zillow 2026-05-31
Population
114,106
U.S. Census 2023 estimate
Rent cap
Local + AB 1482
Local rent control applies
LTR management fee
8%
of collected rent — all-in

Richmond is a rent-controlled rental market in Contra Costa County, and running a property here well takes real local attention. Hearth handles all of it for Richmond owners: marketing and leasing, tenant screening, rent, repairs, legal compliance, and clean monthly statements.

Rents in Richmond average roughly $2,562/mo (up around 3.1% year over year, per Zillow). Hearth prices to that live benchmark — not last year's number — so your unit leases at the top of the range without sitting empty.

What owning a Richmond rental really takes

Rent-cap compliance is a landmine here

Richmond has a local rent-control ordinance on top of California's statewide cap. Get an increase, notice, or just-cause step wrong and you can forfeit the increase — or worse. Hearth tracks the covered-unit rules and keeps every renewal legal and maximized.

Every under-market renewal compounds

When increases are capped, the rent you don't capture this year is gone forever — you can't make it up later. Owners in Richmond routinely leave money on the table by renewing below the legal maximum. We renew at the cap, on time, every time.

California compliance never sleeps

Security-deposit timelines, habitability, notices, just-cause, and the statewide rent cap all apply to Richmond rentals — and the penalties for getting them wrong are steep. Hearth keeps every property compliant so a paperwork miss never becomes a lawsuit.

Richmond rent control + AB 1482

Richmond's Fair Rent Ordinance ties annual increases to 100% of CPI on covered units. Hearth confirms your property's status before every increase and keeps notices compliant. Read the AB 1482 guide →

Free tool for Richmond owners
Renewal Leakage Audit

Find the rent you're leaving on the table at renewal — the legal maximum under the rent cap, not a guess.

Run your renewal leakage audit
8%
8% of collected rent for long-term rentals
15%
15% of revenue for short-term / Airbnb management

See the numbers on your Richmond property

A 20-minute strategy call: live rent comps, your net after fees, and exactly how Hearth would run the door. No obligation.

Book a free strategy call →

Richmond property management — FAQ

How much does property management cost in Richmond, CA?

Hearth charges 8% of collected rent to fully manage a long-term rental in Richmond, and 15% of revenue for short-term / Airbnb management. There's no markup on maintenance and no leasing surprise fees — one transparent rate that covers leasing, rent collection, maintenance coordination, compliance, and owner reporting.

What is the average rent in Richmond?

As of 2026-05-31, the typical asking rent in Richmond is about $2,562/mo (Zillow observed rent), up around 3.1% year over year. Hearth prices your unit to the live comps in your specific neighborhood, not a citywide average.

Does the California rent cap (AB 1482) apply in Richmond?

Richmond has its own local rent-control ordinance in addition to California's statewide AB 1482 cap of 5% + CPI (max 10%). Richmond's Fair Rent Ordinance ties annual increases to 100% of CPI on covered units. Hearth tracks which of your units are covered and keeps every increase and notice compliant.

Can Hearth manage my rental if I don't live in Richmond?

Yes — most of the owners we work with are out-of-area or out-of-state. Hearth runs everything on the ground in Richmond and Contra Costa County: showings, repairs, inspections, and resident communication. You get clean monthly statements and direct-deposit payouts wherever you are.

How fast can Hearth lease my Richmond property?

We market across Zillow, Apartments.com, and the major sites the day it's rent-ready, run pricing off live Richmond comps, and screen applicants quickly. The goal is simple: minimize vacant days, because in Richmond every empty week is money you don't get back.