Property Management
in Minneapolis, MN

Top 25 Property Management Companies

Companies who display the iPropertyManagement seal have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

Minnesota

License #: ?

MATCOM Property Management, Inc

#1 best rated of 25 Minneapolis, MN property management companies

Based on 5+ Reviews Show all

No Reviews Found

612-788-1401
2200 Johnson St NE, Minneapolis, MN 55418
Areas Served Minneapolis
? BBB: N/A
Since 1995
Residential
Commercial
Hoa

?

License #: ?

Baker Management Group

#2 best rated of 25 Minneapolis, MN property management companies

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Based on 2 Reviews Show all

612-870-7717
308 W 22nd St # 101B, Minneapolis, MN 55404
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

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License #: ?

Equity Options Property Management

#3 best rated of 25 Minneapolis, MN property management companies

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Based on 2 Reviews Show all

612- 600-8888
3346 Hennepin Ave #201, Minneapolis, MN 55408
Areas Served Minneapolis
? BBB: N/A
Since 2012
Residential
Commercial
Hoa

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License #: ?

Place Property Management

#4 best rated of 25 Minneapolis, MN property management companies

Based on 4 Reviews Show all

Based on 9 Reviews Show all

763-245-7029
3016 Bryant Ave S, Minneapolis, MN 55408
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

Monthly Management ($79 a month) *Tenant Placement (Fee is 1 months rent)

License #: ?

Uptown Realty & Management

#5 best rated of 25 Minneapolis, MN property management companies

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612-758-0880
2431 Lyndale Ave S, Minneapolis, MN 55405
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

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License #: 40199587

Twin Cities Home Rental

#6 best rated of 25 Minneapolis, MN property management companies

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612-822-4663
5200 S 34th Ave, Minneapolis, MN 55417
Areas Served Minneapolis
1-10 employees BBB: A+
Since 2006
Residential
Commercial
Hoa

Placement fee: 100% of first months rent *Individual applicant: $40.00 for each adult on the lease is required to submit an application.

License #: ?

EIG Property Management

#7 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-284-9382
1012 N 5th St, Minneapolis, MN 55411
Areas Served Minneapolis
? BBB: A+
Since 2005
Residential
Commercial
Hoa

application fee of $50 *Single Family Home/Condo:Monthly Management Fee-$89; Tenant Placement Fee-70% of 1st month’s rent *Multi-Family:2 Units-$149 management fee; 3 Units-$199 ; 4-19 Unit-$122+$29/Unit (Tenant Placement Fee for all-70% of 1st month’s rent *For owners that want only Tenant Placement* service, the fee is 90% of the 1st month’s rent

License #: ?

Apartment Management Co

#8 best rated of 25 Minneapolis, MN property management companies

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612-922-4312
2905 Dean Pkwy A, Minneapolis, MN 55416
Areas Served Minneapolis
? BBB: N/A
Since 1952
Residential
Commercial
Hoa

?

License #: ?

Aeon Management

#9 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-341-3148
901 N 3rd St #150, Minneapolis, MN 55401
Areas Served Minneapolis
51-200 employees BBB: N/A
Since 1986
Residential
Commercial
Hoa

?

License #: ?

Diversified Property Management

#10 best rated of 25 Minneapolis, MN property management companies

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612-724-7368
3750 Cedar Ave S, Minneapolis, MN 55407
Areas Served Minneapolis
1-10 employees BBB: A+
Since 2009
Residential
Commercial
Hoa

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License #: ?

Velair Property Management

#11 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-243-3111
7645 Lyndale Ave S #210, Minneapolis, MN 55423
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

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License #: ?

BDC Management

#12 best rated of 25 Minneapolis, MN property management companies

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612-371-0766
428 N 1st St, Minneapolis, MN 55401
Areas Served Minneapolis
? BBB: N/A
Since 1989
Residential
Commercial
Hoa

?

License #: ?

Innovative Properties

#13 best rated of 25 Minneapolis, MN property management companies

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Based on 8 Reviews Show all

612-922-7925
2245 E 38th St, Minneapolis, MN 55407
Areas Served Minneapolis
? BBB: N/A
Since 1999
Residential
Commercial
Hoa

An application fee of $35 per person is charged for tenant verification.

License #: ?

Urban Enterprises, Inc

#14 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-236-9296
4542 Nicollet Ave, Minneapolis, MN 55419
Areas Served Minneapolis
1-10 employees BBB: A+
Since 2002
Residential
Commercial
Hoa

Leasing Services:100% of first months rent with monthly management or 100% of first month’s rent without monthly management.

License #: 146479

RP Management

#15 best rated of 25 Minneapolis, MN property management companies

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Based on 8 Reviews Show all

612-246-4101
1714 E Hennepin Ave, Minneapolis, MN 55414
Areas Served Minneapolis
? BBB: A+
Since 1989
Residential
Commercial
Hoa

$45 application fee

License #: ?

CPM Companies

#16 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-843-4888
1710 W Lake St Suite 200, Minneapolis, MN 55408
Areas Served Minneapolis
51-200 employees BBB: N/A
Since 2005
Residential
Commercial
Hoa

?

License #: ?

Steven Scott Management

#17 best rated of 25 Minneapolis, MN property management companies

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952-540-8600
3020 France Ave S, Minneapolis, MN 55416
Areas Served Minneapolis
201-500 employees BBB: N/A
Since 1965
Residential
Commercial
Hoa

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License #: ?

Property Solutions & Services, LLC

#18 best rated of 25 Minneapolis, MN property management companies

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No Reviews Found

612-746-0400
708 N 1st St, Minneapolis, MN 55401
Areas Served Minneapolis
11-50 employees BBB: N/A
Since 1988
Residential
Commercial
Hoa

?

License #: ?

SATURDAY PROPERTIES

#19 best rated of 25 Minneapolis, MN property management companies

Based on 2 Reviews Show all

No Reviews Found

612-360-3113
1400 Van Buren St NE #200-202, Minneapolis, MN 55413
Areas Served Minneapolis
11-50 employees BBB: N/A
Since 2015
Residential
Commercial
Hoa

?

License #: ?

ASK Property Management, Inc

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No Reviews Found

612-490-5835
5605 W 36th St #205, Minneapolis, MN 55416
Areas Served Minneapolis
? BBB: N/A
Since 1996
Residential
Commercial
Hoa

70% of one month’s rent leasing fee ($500 minimum) *Management Fees:Plan A: 80% of one month’s rent leasing fee plus $80 flat monthly management fee. *Plan B: $299 flat rate leasing fee plus 10% of the monthly collected rent.

License #: ?

Common Properties Management Cooperative

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612-767-2110
219 SE Main St Suite 504, Minneapolis, MN 55414
Areas Served Minneapolis
1-10 employees BBB: N/A
Since 2008
Residential
Commercial
Hoa

?

License #: ?

HALO Properties and Management

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No Reviews Found

612-435-2787
1004 S Marquette Ave, Minneapolis, MN 55403
Areas Served Minneapolis
1-10 employees BBB: N/A
Since 2008
Residential
Commercial
Hoa

Leasing Fee:85% of One Month’s Rent *Monthly Management Fee:8% of Gross Rent Collected *Lease renewals are 25% of one month’s rent. There is also a one time setup fee of $75.

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KMS Management

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952-593-9930
5831 Cedar Lake Rd, Minneapolis, MN 55416
Areas Served Minneapolis
? BBB: N/A
Since 1989
Residential
Commercial
Hoa

?

License #: ?

MGM Property Management, LLC

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No Reviews Found

612-315-5310
2111 Central Ave NE, Minneapolis, MN 55418
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

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License #: ?

MPLS RENT

No Reviews Found

No Reviews Found

612-481-0174
4917 S 28th Ave, Minneapolis, MN 55417
Areas Served Minneapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa

TENANT PLACEMENT-determined by thelease length. 1-18 Month lease- Fee: 1 month’s rent; 18-36 Month Lease-Fee: 1.5 month’s rent *Lease Renewals:Fee: $250 *Handyman Services-Fee: $35-$45/ hour (conditions apply) *MGMT FEES:flat fee of $75 per month

Minneapolis vs Nearby Cities

Minneapolis and Saint Paul are known as the Twin Cities of eastern Minnesota, and the real estate markets in these cities took a turn toward bullish in 2016. With a limited supply of available homes and a strong demand from young buyers and new residents, prices skyrocketed and are expected to stay strong for years to come. Minneapolis offers a median listing price well over $250,000, and the median listing price is Saint Paul is often around $220,000.

These prices are comparable to many surrounding cities like Bloomington and Mankato, but higher prices are seen in nearby Minnetonka. The median listing price is often around $400,000 in this city. Renters can expect to pay a median of $1,500 per month in this area of the state.

Minneapolis Property Managers

Property managers are hired for their real estate expertise as well as their ability to efficiently oversee rent collections, property maintenance, renovation projects, marketing, tenant screening and many other essential tasks. They can help a property owner determine the best rental price while ensuring that each unit is occupied and well cared for over time.

Minneapolis Property Management Company Fees

Most property managers in Minneapolis base their fee on the amount of rent collected from tenants each month. This fee can go up to 14 percent on average, but most property owners are charged closer to 10 percent if not even less. This is the basic management fee, and other fees typically apply.

Minnesota Landlord/Tenant Laws

  • Tenants have the right to inspect a rental unit before paying any money toward the rental agreement. This includes the heating and air conditioning, plumbing, electrical system and other property elements.
  • Minnesota landlords are required to complete background checks on all prospective property managers before they are hired and given access to rental units.