Blueground review
Blueground offers a master-lease model for urban apartments, acting as a tenant to property owners.
★★★★☆ 4.5 · 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. The number it puts in writing is 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
This model suits property owners in major urban centres who want a guaranteed rental income without the day-to-day hassle of short-term rental management. Owners who understand their property will be used for short-term rentals but prefer not to be involved in that specific market will find this appealing.
Our take
Blueground operates a master-lease model, meaning they become your tenant and sublet the property for short-term stays, keeping any profit above the agreed lease. They do not charge a management fee, as their revenue comes from the difference between your rent and what they earn from guests. The company manages approximately 15,000 listings across 32 cities and 17 countries, with headquarters in New York.
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 hands-off approach for owners seeking guaranteed rent, though it means relinquishing potential short-term rental upside. For an owner-first alternative focused purely on short-term rental management, 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 to pin down with 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:
- Outer Banks Blue — does not publish a price.
- Boring Host — $13/listing/mo (10-listing min).
- HostPros — does not publish a price.
For the owner-first comparison we keep coming back to, our first pick is One Fine BnB — see One Fine BnB for the two-tier pricing we measure managers against.
Our owner-first #1 for management: One Fine BnB
Go to One Fine BnB →