Property Management in Waterford, CT

Pledge Property Management, Inc. serves Waterford owners, including Quaker Hill, from our office in Norwich, managing long-term rentals of single-family homes and condos. Complete Management is 8.9% of monthly rent with a $150 monthly minimum, and leasing-only service is one month's rent. Pledge has served Eastern Connecticut since 1970.

Renting out a home in Waterford

Waterford is a shoreline town in New London County on Long Island Sound. The Niantic River forms its western border with East Lyme, and the town wraps around New London on the west and north. Interstate 95 runs through town. Waterford's neighborhoods include Quaker Hill (ZIP 06375), Graniteville, Jordan and Millstone, and the town is home to Harkness Memorial State Park and the Eugene O'Neill Theater Center.

If your home is just west across the Niantic River, see our East Lyme property management page. For nearby towns, see New London and Montville.

Common situations for Waterford owners

• You're relocating for work and plan to come back, so you want the home rented long-term, cared for and documented with a detailed move-in checklist.
• You're a military family with PCS orders and want a team experienced with military owners and tenants running your home while you're away, which you can follow through an online owner portal.
• You own a rental and you're tired of managing it yourself, especially the late-night maintenance calls.
• You're thinking about selling later and want in-house licensed agents who already know the home.

What Pledge offers Waterford owners

• Experienced, local people: broker Alex Gebbie has about 22 years in the business, our head of maintenance 30+ years, and our top bookkeepers have been with Pledge 20+ years. Alex and most of our staff grew up in this area.
• Careful screening: every applicant gets credit, criminal background and eviction checks. Our eviction rate is very low. In some years we've had zero evictions across our entire portfolio.
• Fast, licensed leasing: a dedicated licensed leasing agent answers inquiries quickly. YouTube video walkthroughs and live virtual tours with room measurements reach renters who are relocating from out of state. We run very low vacancy.
• Maintenance that shows up: a 24/7 emergency line, online maintenance requests, and a detailed move-in checklist. One recent lockout was resolved in 16 minutes.
• Eviction protection: included on Complete and Premium plans.
• 6-month tenant replacement guarantee: on Complete, Premium and condo plans, if any tenant leaves within the first six months of the lease, we re-rent the home for free.
• Owner portal: online access to your statements and property information.
• Licensed agents in-house if you later decide to sell.

Pricing in plain terms

• Complete Management: 8.9% of monthly rent, $150 minimum per month. Leasing a new resident is one month's rent. Lease renewals are $350. Includes eviction protection, $1,500 pet protection and a 6-month tenant replacement guarantee: if any tenant leaves within the first six months of the lease, we re-rent the home for free.
• Lease Only: one month's rent. We price, market, screen and sign the right resident; you manage day to day. Pet protection is not included.
• Condos: individual condo units are 7.9% of monthly rent, with a $150 minimum per unit, and include $1,500 pet protection and the 6-month tenant replacement guarantee (condo management).
• Premium: 10.9% of monthly rent with a $175 minimum. Includes eviction protection, $1,500 pet protection and the 6-month tenant replacement guarantee, though most single-family owners choose Complete.

Repairs are billed from actual vendor invoices, not a fixed fee schedule. Full details: Pricing.

How to get started

1. Call or request a rental analysis. Tell us about your Waterford home and your goals.
2. We set the rent with a market analysis and walk you through fees plainly.
3. We market, screen and lease: professional photos, video walkthroughs, 100+ rental sites, and credit, criminal and eviction checks on every applicant.
4. We manage it like our own: rent collection, maintenance, a 24/7 emergency line, renewals and your owner portal.

Waterford homeowner FAQ

Do you offer property management in Quaker Hill?

Yes. We serve owners throughout Waterford, including Quaker Hill (06375), from our office in Norwich. We manage long-term leases.

How much does it cost to have my Waterford house managed?

Complete Management is 8.9% of monthly rent with a $150 monthly minimum. Leasing a new resident is one month's rent and renewals are $350. Complete includes eviction protection, $1,500 pet protection and a 6-month tenant replacement guarantee. Lease Only is one month's rent and does not include pet protection.

Do you offer individual condo management in Waterford?

Yes. Individual condo units are 7.9% of monthly rent with a $150 minimum per unit. Leasing a new resident is one month's rent, renewals are $350, and the condo plan includes $1,500 pet protection and a 6-month tenant replacement guarantee.

What if my tenant leaves early, for example on military PCS orders?

We have a lot of experience with military owners and tenants and with PCS (permanent change of station) orders. Our 6-month tenant replacement guarantee covers any tenant who leaves within the first six months of the lease: we re-rent your home for free. A military tenant leaving on PCS orders is one example.

How do you screen tenants for Waterford rentals?

Every applicant gets a credit check, a criminal background check and an eviction history check. Our eviction rate is very low. In some years we've had zero evictions across our entire portfolio.

Can renters tour my Waterford home before they move to the area?

Yes. We offer YouTube video walkthroughs and live virtual tours with room measurements, which helps renters who are relocating before they arrive. A dedicated licensed leasing agent answers inquiries quickly.

Photo credits: Eolia Front View 2020: Flintlock1204 / Wikimedia Commons, CC BY-SA 4.0; Eolia Garden 2020: Flintlock1204 / Wikimedia Commons, CC BY-SA 4.0; Jordan Green, Waterford, CT: Pi.1415926535 / Wikimedia Commons, CC BY-SA 3.0; Niantic River road bridge, December 2024: Pi.1415926535 / Wikimedia Commons, CC BY-SA 4.0. Photos used unaltered.