Murray Property Management
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Why Hiring Murray Property Management Matters
Murray is a centrally located Salt Lake suburb offering excellent freeway access and the Intermountain Medical Center employment hub. Murray's central position provides quick access to downtown Salt Lake, the ski resorts, and Salt Lake International Airport, making it attractive to professionals and families alike. A professional property manager with Murray expertise navigates these local dynamics while handling tenant screening, rent optimization, and maintenance coordination.
$1,520
Average Monthly Rent
-0.5% Year-over-Year
Source: RentCafe
5.5%
Vacancy Rate
Balanced Market
Source: Utah Housing
94.5%
Occupancy Rate
Stable Demand
Source: Local Market Data
What Sets Murray Apart
Intermountain Medical Center major employer
Central location with I-15 and I-215 access
Fashion Place Mall retail hub
TRAX light rail connectivity to downtown
What Makes a Top-Tier Property Manager in Murray
A top-tier property manager in Murray understands the local market dynamics and delivers results that matter. SmartRentPro's 100-point certification system identifies the best:
Customer Satisfaction (55 points): Verified reviews and ratings, review volume, historical rating stability, owner-specific feedback patterns, and communication indicators.
Operational Maturity (25 points): Portfolio size, staffing levels, years in business, service model, and capacity to support long-term owners.
Property Performance Systems (20 points): Business technology adoption, leasing and maintenance tools, and automation and reporting accessibility.
Only companies scoring 80+ earn SmartRentPro Certified™ status—representing the top 1% of property managers nationwide.
Murray Property Management Tips & Challenges
Target healthcare workers from Intermountain Medical
TRAX access adds value for commuters
Central location appeals to tenants with multiple destinations
Older housing stock may need updates to compete
Utah's rapid rent growth (2020-2023) triggered absorption slowdown—prepare for longer lease-up periods
Winter air quality inversions prompting some families to relocate—affects tenant retention
Property values outpacing rents—cap rates compressed to 4-5% requiring long-term investment horizon
Murray Property Management FAQs
What is the average property management fee in Murray?
Murray property management fees range from 8-10% of monthly rent. Expect $120-$150/month for typical single-family properties.
Is Murray a good market for rental investment?
Murray's central location and healthcare employment base create stable demand. Lower vacancy than outer suburbs. Good for tenants who need access to multiple areas of the valley.
What Murray neighborhoods have the best rental demand?
East Murray near the mountains has family appeal. Central Murray offers walkability. Areas near TRAX stations attract commuters. Fashion Place area has retail convenience.
How does Murray compare to other Salt Lake suburbs?
Murray is more central than South Jordan or Herriman. Lower rents than Draper or Cottonwood Heights. Better transit access than most suburbs. Older housing stock than newer communities.
Research & Editorial Review by SmartRentPro Research Team
Specialists in U.S. residential property management markets and local rental regulations.
Updated January 2026.
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