Evernest
Evernest is a national full-service residential property management and real estate brokerage firm managing over 16,000 rental properties across 30+ U.S. markets. The Birmingham, Alabama-based company serves individual landlords and real estate investors through AppFolio-powered technology, in-house maintenance, and acquisition-driven geographic expansion.
- Company typePrivate
- Founded2008
- HeadquartersBirmingham, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Evernest does
Evernest is a national full-service residential property management and real estate brokerage firm headquartered in Birmingham, Alabama, founded in 2008. The company manages over 16,000 rental properties across 30+ U.S. markets, serving individual property owners, landlords, and real estate investors who own single-family homes, condominiums, and small multifamily buildings. Evernest combines a national brand with localized boots-on-the-ground operations in each market, targeting passive and out-of-state investors who want professional management of rental portfolios, brokerage representation for acquisitions and dispositions, and specialized services such as Section 8 housing compliance.
The company's core technology stack is built on AppFolio's property management platform, augmented by proprietary tools including an in-house three-step resident underwriting process, an internal project management system for maintenance tracking, and an all-digital leasing workflow that allows prospects to tour, apply, sign, and move in without face-to-face interaction. Evernest uses AI-enhanced photography for listing presentation and syndicates rental listings to Zillow, Trulia, and HotPads, driving 20,000+ unique monthly website visitors. Investor education is delivered through The Nest blog, a YouTube channel ("The Evernest Property Management Show"), a LinkedIn presence, and an online community platform.
Evernest monetizes through a diversified revenue model: quote-based monthly management fees on managed properties, real estate brokerage commissions on acquisitions and dispositions, lease-only fees for DIY landlords, and hourly in-house maintenance charges. The company has scaled primarily through an aggressive acquisition strategy, completing at least 20 property management firm acquisitions in 2022 alone — expanding from approximately 6,000 to over 14,000 properties that year — and continuing with subsequent acquisitions including ParkSide Realty (2023) and Poplar Homes (2025). A January 2025 $15 million funding round from LL Funds signals continued capital-backed expansion. Evernest holds NARPM and NAR membership, BBB accreditation with 100% status, and was recognized on the 2024 Inc. 5000 list.
Evernest firmographics
Firmographics- Name
- Evernest
- Legal name
- Evernest, LLC
- Website
- https://evernest.co
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Evernest is a national full-service residential property management and real estate brokerage firm managing over 16,000 rental properties across 30+ U.S. markets. The Birmingham, Alabama-based company serves individual landlords and real estate investors through AppFolio-powered technology, in-house maintenance, and acquisition-driven geographic expansion.
- Ownership category
- akta.pro rank
Evernest industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Single-Family Rental (SFR) Property Management (BPAJAFAB)
- akta.pro secondary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Evernest is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Evernest business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Property Management Services: Full-service property management for single-family homes, condos, and small multifamily buildings. Services include leasing, rent collection, maintenance, accounting, and eviction handling.
- Real Estate Brokerage: Buy and sell services for rental or investment properties. Investor-friendly real estate agents assist with acquisitions and dispositions.
- Lease-Only Services: Professional lease-only product for DIY landlords who want to handle day-to-day management themselves but need help with marketing, screening, and lease execution.
- Maintenance Services: In-house maintenance team providing repairs, 24/7 emergency response, and preventative maintenance. Charges based on hourly rate plus materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Full-Service Property Management |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
Evernest product offering
Product offeringCore offering
Evernest provides full-service residential property management for single-family, condominium, and small multifamily rental properties owned by individual landlords and real estate investors. The offering bundles leasing and tenant placement, in-house maintenance, rent collection, accounting, eviction support, and brokerage services into a recurring managed-service engagement.
Product overview
Evernest operates as a national real estate and property management company offering an integrated platform of services for rental property investors. The core offering combines full-service property management (residential and multifamily), real estate brokerage, leasing services, and maintenance coordination. Supporting modules include rent collection, accounting, eviction services, and Section 8 housing management. The company also provides investor tools including a Cashflow Calculator, Free Rental Analysis, and educational content through The Nest blog. Evernest uses AppFolio as its technology platform for owner and resident portals, and syndicates listings to Zillow, Trulia, and HotPads. The company has grown through multiple acquisitions of property management firms and manages over 16,000 rentals nationwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Full-Service Property Management Full-service residential property management for single-family, condominium, and small multifamily rental properties, covering tenant placement, rent collection, maintenance coordination, accounting, and compliance for individual and SMB landlords.
- Multifamily Property Management Property management services tailored to small multifamily rental buildings owned by individual investors and small operators.
- Evernest Brokerage Real estate brokerage services for residential investment property buyers and sellers, supporting investor acquisitions and portfolio dispositions.
- Leasing Services Tenant placement and leasing services including property marketing, tenant screening, and lease execution for landlords.
- Maintenance Services In-house maintenance and repair services for managed residential rental properties, coordinated through Evernest's internal operations.
- Section 8 / Housing Choice Voucher Services Specialized property management services for landlords participating in the Housing Choice Voucher (Section 8) program, including compliance and inspections support.
- Lease-Only Services A la carte leasing-only service for landlords who self-manage but want professional tenant placement and lease execution.
Quantifiable outcome
- Over 15,000 5-star reviews from clients
- +2 more outcomes
Companies that use Evernest
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles1 record
Evernest technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability2 records
Feature4 records
Evernest partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Second NatureminorEvernest partnered with Second Nature to expand Group Rate Internet service nationwide, starting in April 2025. The service is offered in 15 states and has contributed to faster leasing times due to high resident demand for high-speed internet. This partnership provides residents with discounted internet services while enhancing Evernest's value proposition to property owners.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Evernest competitors and assessment
Company assessmentDirect peers
- Real Property Management: Franchise-based residential property management network managing single-family and small multifamily rentals across the U.S. Highly comparable to Evernest in service scope (leasing, tenant screening, maintenance, eviction) and target customer (individual investors and small landlords).
- RPM Living: Full-service property management company focused on multifamily and single-family rentals across multiple U.S. markets. Similar to Evernest in offering integrated leasing, maintenance, and asset management services to property owners and investors.
Broad incumbents
- Progress Residential: One of the largest institutional single-family rental operators and managers in the U.S., managing tens of thousands of SFR homes. Comparable to Evernest in SFR focus and resident-facing service model, though Progress owns the assets rather than serving third-party landlords.
- Invitation Homes: Largest U.S. single-family rental REIT with ~80,000+ homes. Comparable as an SFR-focused operator providing leasing, maintenance, and resident services, but operates at institutional scale and owns its portfolio rather than serving third-party owners like Evernest does.
- Greystar Real Estate Partners: Global leader in residential property management, primarily multifamily but expanding into SFR and build-to-rent. Comparable in the property management service layer, though Greystar is much larger and primarily focused on multifamily institutional owners.
- FirstService Residential: North America's largest residential property manager, primarily serving HOA and condominium communities but with growing single-family rental exposure. Comparable in delivering outsourced property management services at scale across many markets.
- Asset Living: Large third-party multifamily and student housing property manager expanding into single-family. Comparable in offering full-service property management to owners and investors with national geographic reach similar to Evernest's roll-up strategy.
Emerging players
- Belong: Tech-enabled residential property management company serving individual homeowners and investors with a digital-first platform. Comparable to Evernest in targeting SMB landlords seeking modern, self-serve property management rather than traditional local shops.
- Hemlane: Software-enabled property management platform offering tenant placement, rent collection, and maintenance coordination to small landlords. Comparable in targeting individual and small-portfolio landlords with digital tools, though more software-light than Evernest's full-service model.
- Doorvest: Tech-enabled SFR investment and management platform that helps individual investors buy, renovate, and manage single-family rentals. Comparable to Evernest in serving passive SMB landlords with full-service single-family rental management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Evernest social profiles
Digital presenceEvernest compliance and trust
Trust signalCompliance5 records
Evernest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evernest leadership team
Management profileNumber of profiles
Profiles1 record
Evernest funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evernest M&A and investment
M&A and investmentM&A13 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evernest
What does Evernest do?
Evernest provides full-service residential property management for single-family, condominium, and small multifamily rental properties owned by individual landlords and real estate investors. The offering bundles leasing and tenant placement, in-house maintenance, rent collection, accounting, eviction support, and brokerage services into a recurring managed-service engagement.
Is Evernest a public or private company?
Evernest is a private company. It is classified as unknown and is currently operating.
When was Evernest founded?
Evernest was founded in 2008. It employs 1 to 10 people.
Where is Evernest based?
Evernest is headquartered in Birmingham, United States, in the North America region.
How does Evernest make money?
Four revenue lines are on record. Property Management Services are the primary driver. The others are real Estate Brokerage, lease-Only Services and maintenance Services.
Who are Evernest's main competitors?
Direct peers on record are Real Property Management and RPM Living. Broad incumbents are Progress Residential, Invitation Homes, Greystar Real Estate Partners, FirstService Residential and Asset Living. Emerging players are Belong, Hemlane and Doorvest.
Does Evernest have an API?
No public API is recorded for Evernest.
What industry is Evernest in?
Evernest's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAB, Single-Family Rental (SFR) Property Management, with a secondary code of BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6531.