Keyrenter Property Management, a leading residential real estate franchisor, has announced a significant expansion milestone: the awarding of 14 new territories since the beginning of 2026, bringing its total number of locations to over 100. This marks a major achievement for the company, which began franchising in 2014 and has since grown its footprint across the United States. New locations are set to open in Colorado, California, Texas, Florida, Virginia, Illinois, North Carolina, Michigan, and New Mexico, reflecting a diverse geographic spread that underscores the brand's nationwide appeal.
The company's growth comes amid favorable market conditions in the residential property management sector. With approximately 25 million single-family rental (SFR) units in the U.S., and only 4% institutionally owned, there is a significant opportunity for independent operators. High mortgage interest rates and a tightening lending environment have driven more individuals to rent, increasing demand for professional property management services. This backdrop has made Keyrenter an attractive franchise option for entrepreneurs seeking a recession-resistant business with recurring revenue streams.
To support this expansion, Keyrenter has appointed Eric Steward, CFE, as its new Vice-President of Onboarding. Steward brings over a dozen years of franchise recruiting experience, having previously served as Senior Director of Franchise Recruiting at Pillar to Post, a residential real estate franchise. His promotion to Keyrenter's executive team underscores the company's commitment to ensuring its new franchisees are well-prepared for success. “I hope to make several meaningful contributions in my new role,” Steward said, adding that the recent awarding of new locations means “I have my work cut out for me, but I can’t wait to roll up my sleeves and get started.”
Nate Tew, co-founder and CEO of Keyrenter, expressed enthusiasm about the milestone and the new hire. “Not only does this greatly expand our brand's footprint, but we've also surpassed a significant milestone of establishing more than 100 franchise locations coast-to-coast,” he said. “We're also honored to have Eric Steward join us, who will be overseeing all activities from signed franchise agreements through the rest of the onboarding process for our growing network of franchisee partners.”
The company's expansion strategy includes five candidates currently preparing for Discovery Day sessions, indicating continued momentum. Keyrenter's model offers franchisees the ability to provide a range of services—including rent collection, maintenance, and tenant placement—within defined territories. The brand's success is attributed to its proven business model and the robustness of the residential rental market.
As Keyrenter continues to grow, it is attracting interest from qualified candidates across the country. The company's ability to surpass the 100-location mark within a decade of franchising demonstrates its strong market position. With the appointment of an experienced executive like Steward and the ongoing expansion, Keyrenter is well-positioned to capitalize on the thriving single-family rental market. For more information about franchise opportunities, visit https://franchising.keyrenter.com.
