Find property management in Minneapolis, MN

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We know the best property managers in Minneapolis, MN.
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Review listings of top local property managers that fit your criteria
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Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 11
Apartment Buildings 10
Home Owners Association 11
Total Local Companies 24

The average rent for a 3 bedroom house in Minneapolis, MN is $1,419.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Minneapolis, MN Rental Market Overview

Low Vacancies and Surging Jobs Make Minneapolis the Hottest Midwest Rental Market
Strong job demand and a low vacancy rate placed Minneapolis among the best rental markets in the west, as well as the biggest hitters in the east in the Marcus & Millichap 2013 National Apartment Report (NAR). Minneapolis was the only Midwest market to make the top ten in the index, wedged in the middle of a bunch of West Coast markets as well as the usual East Coast giants, including New York, Boston and North New Jersey. The City of Lakes placed seventh out of 44 markets in the index, and the highest any other Midwest market ranked in 2013 was Chicago, which dropped from 17th in 2012 to 20th. The 2013 NAR forecasted vacancy rate of 2.8% in Minneapolis is one of the lowest in the nation, surpassed only by New York and Portland, Oregon.

Minneapolis Market Entry Can Be Tricky
While escalating job growth and low vacancies are key components in a landlord's market, asset location continues to be the most important, if not trickiest, consideration for buying property in Minneapolis. Most of the apartment rental demand remains centered near the Twin Cities urban core or close to large employers and major employment centers. The 2013 NAR points out that because of strong operations over a number of years, Minneapolis apartment owners seem less inclined to sell than in other markets, although the combination of escalating values and increased new apartment inventories could change this environment in the near future. In 2013 more than 2,800 new apartments were built in the area, which is more than all of the rental units completed in 2009-2011 combined. While the report anticipates that investors should move to Class B properties in ideal locations, the expectation of reduced buying activity in locations further away from the core remains similar to years past. That's one big reason why many small and independent investors consult with local Minneapolis-St. Paul property managers prior to making purchase decisions. Property management companies feature real estate professionals who often do more than screen tenants, renew leases and coordinate maintenance and repairs; they also closely follow market trends through their network of clients and associates. It's a sort of boots-on-the-ground perspective that you won't find searching online business reports. Learn more about what a Minneapolis property management company can do for you. Review our online profiles and then request your free information right now.

Top Single Family Managers

6101 Baker Rd #200
Minnetonka, MN 55345

Managing: Single-Family : Multi-Family :
#1 Tenant Placement company. Home of the Tenant Warranty. No fees upfront! Flat Fee management services!
Free Quote...

Statewide, MN

Managing: Single-Family :
If your tenant doesn't pay, we'll replace them at no cost to you!
Free Quote...

11252 86th Ave. N.
Maple Grove, MN 55369

Managing: Single-Family : Multi-Family :
Don't Pay More for Less! Experienced REALTORS, Lifetime Warranty, Re-Marketing Discounts, FREE lease renewals!
Free Quote...

Top Multi-Family Managers

324 S Elm St , Ste 300
Greensboro, NC 27401

Managing: Multi-Family :
Clear and focused on results.
Free Quote...

11252 86th Ave. N.
Maple Grove, MN 55369

Managing: Single-Family : Multi-Family :
Don't Pay More for Less! Experienced REALTORS, Lifetime Warranty, Re-Marketing Discounts, FREE lease renewals!
Free Quote...

6101 Baker Rd #200
Minnetonka, MN 55345

Managing: Single-Family : Multi-Family :
#1 Tenant Placement company. Home of the Tenant Warranty. No fees upfront! Flat Fee management services!
Free Quote...

Top Association Managers

10451 Glen Eagle Circle
Saint Paul, MN 55129

Managing: Association :
Complete HOA & CIC Management Services
Free Quote...

2626 East 82nd St., Suite 340
Bloomington, MN 55420

Managing: Multi-Family : Association : Commercial
"Creating Partnerships for Developing & Managing Sustainable Communities"
Free Quote...

56 E Broadway Suite 200
Forest Lake, MN 55025

Managing: Multi-Family : Association : Commercial
We provide professional expertise in community association property management.
Free Quote...

Additional
Minneapolis, MN Property Management Companies

Managing: Single-Family :
We will care for your property as our own, giving you peace of mind and freedom to pursue other business.
Free Quote...

1561 Selby Ave
St. Paul, MN 55104

Managing: Single-Family : Multi-Family :
We will provide the personal attention your property deserves, at a price that protects your investment!
Free Quote...

3169 Fernbrook Ln. North
Plymouth, MN 55447

Managing: Single-Family : Multi-Family :
Locally owned, lowest placement and flat fee management costs, no start up fees. Best in service and value.
Free Quote...

8416 Xerxes Ave N
Brooklyn Park, MN 55444

Managing: Association :
At Genesis Property Management we don't Manage Properties...We develop relationships.
Free Quote...

152 Hardman Ave So.
South Saint Paul, MN 55075

Managing: Multi-Family : Association : Commercial
We build wealth, save client time and give you peace of mind.
Free Quote...

3165 Wild Horse Pass
Prior Lake, MN 55372

Managing: Single-Family :
We specialize in property management services. Serving the Minneapolis/St. Paul metropolitan area.
Free Quote...

6438 City West Parkway
Eden Prairie, MN 55344

Managing: Association :
Gassen has been providing residential management services since 1969.
Free Quote...

564 Dodge Ave Suite A
Elk River, MN 55330

Managing: Single-Family :
Highly recommended Property Management Co. serving Elk River & cities within a 20 mile radius
Free Quote...

800 S. Gay Street , Suite 700
Knoxville, TN 37929

Managing: Association :
We ONLY offer REMOTE and VIRTUAL accounting services to Community Associations.
Free Quote...

7100 Madison Avenue West
Golden Valley, MN 55427

Managing: Association :
Associa: Exceptional Community Management.
Free Quote...

MINNEAPOLIS, MN

Q1 2015 Rental Ranking Report

Home to the Minnesota Vikings and the world-famous Mall of America and Mayo Clinic, the Minneapolis metropolitan area is home to far more than just polite Midwesterners and a low crime rate. Boasting exceptional artistic and cultural institutions, Minneapolis has made a name for itself as an excellent place to live, work and play. Although the Minneapolis cost of living is higher than the national average, its low unemployment rate and strong job growth makes it an excellent choice for those looking for a new place to call home.

Minneapolis was recently named the healthiest city in America by Liveability.com, and was designated the most literate city in America by a 2015 Central Connecticut State University study.

It shouldn't come as a surprise that the Minneapolis rental market is currently quite hot. The Q1 2015 Rental Ranking Report found Minneapolis to be the best city for rental property investment in the the Midwest and eighth-best in the U.S. as a whole. These high rankings are largely due to the fact that Minneapolis rents jumped 5.36 percent over the year ending in Q1 2015, an increase almost twice as high as the national average rental price appreciation of 2.71 percent. A fairly strong regional job market (Minneapolis experienced 2.10 percent annual job growth last quarter) contributed to the demand responsible for these steep rental price increases.

Broader housing market stats also indicate that demand for Minneapolis housing is exceptionally high. Vacancy rates there are just 4.40 percent, almost 40 percent lower than the national average of 7.12 percent. Homes for sale only stay on the market for a median of 43 days, the sixth-lowest median days of inventory in the entire U.S.

What data is this Rental Ranking Report based on?

To calculate the statistics found in the Q1 2015 Rental Ranking Report, All Property Management gathered data, including the most recent government housing and jobs data, for 75 metros across the United States. Specifically, we looked at home vacancy, capitalization, home value appreciation and job growth rates, changes in rental prices, and the average number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on rental investments. Click here to learn more about the Rental Ranking metrics.

Should I invest in Minneapolis rental property?

This is one of the best times in recent memory to invest in rental real estate in the Minneapolis metropolitan area. Increasing median rental prices, low vacancy rates, an even lower median age of housing inventory and moderate job growth indicates that the demand for quality rental housing in the Minneapolis area is strong and will only continue to increase.

Thinking about renting out a property in Minneapolis? Save time, avoid hassle and maximize your rental income by having a professional property management company operate your rental property for you. Click here to get a free quote from a local property manager or call 877-780-4510 to have the All Property Management staff get quotes for you.

All Property Management specializes in connecting rental property owners with professional property managers in communities across the United States. These property managers help set rental rates, advertise properties, screen and manage tenants, collect rent, manage vendor relationships and ensure compliance with local, state and federal housing regulations. They take the hassle and worry out of managing rental properties - all while maximizing rental property owners' rental incomes.