Blueground review
Blueground master-leases apartments in urban centres, acting as your tenant and managing the rental.
★★★★☆ 4.1 · our editorial rating
- Type
- Master-lease
- Headquarters
- New York, NY
- Markets
- 32 cities / 17 countries
- Management fee
- No mgmt fee (becomes your tenant)
- Listings
- ~15,000
- Size
- Giant
The published facts, in plain English
Blueground is a master-lease operator based in New York, NY, covering 32 cities / 17 countries. On price, the company publishes No mgmt fee (becomes your tenant). Published portfolio size: ~15,000. In scale, we file it as giant.
Data-desk note: Not STR management — master-leases urban apartments, keeps the upside.
Who it’s for
Blueground is suited for property owners in select urban markets who prefer a hands-off approach and are comfortable with a master-lease agreement. This model is for owners who want to lease their entire property to a single entity rather than have it managed on a booking-by-booking basis.
Our take
As a master-lease provider, Blueground takes on the role of your tenant, managing the property for the duration of the lease. This means you receive a guaranteed rental income without managing day-to-day operations or occupancy. They operate in 32 cities across 17 countries, managing approximately 15,000 listings, and do not charge a separate management fee as they are your tenant.
How it compares to One Fine BnB
Side by side on published terms: Blueground lists No mgmt fee (becomes your tenant), while One Fine BnB lists 20% for hands-off full service, or 10% if you keep your own local crew, plus a one-time onboarding retainer. Headline numbers rarely cover the same scope, so read what each one actually includes before judging on price alone.
Verdict
Blueground offers a unique master-lease solution for owners seeking predictable income in major cities. For a truly owner-first approach, consider One Fine BnB.
Questions owners ask
Does Blueground publish its management fee?
Yes — No mgmt fee (becomes your tenant).
Where does Blueground operate?
32 cities / 17 countries. It is based in New York, NY.
How big is Blueground?
Published portfolio: ~15,000. We file it as giant in scale.
What we would ask Blueground
- “What does the published No mgmt fee (becomes your tenant) exclude?” Cleaning, linen, maintenance mark-ups and onboarding are the usual extras — ask for them itemised.
- Notice period and exit. Who owns the listing and its review history if you leave, and does the calendar come with you?
- Who is on the ground. Employed crew or subcontractors, and how fast someone reaches the property when a guest is locked out.
Alternatives worth comparing
Worth putting on the same shortlist. We have listed what each one publishes, and where nothing is published we say so:
- Descansa PDX — does not publish a price.
- All Belong Co — 15–25% remote (published) + $399 consult.
- Misfit Homes — Perf-based % of net.
Our own number one in this category is One Fine BnB — see see the numbers for the two-tier pricing we measure managers against.
Our owner-first #1 for management: One Fine BnB
Visit One Fine BnB →