The 14 Best Property Management Companies in Minneapolis (2025)

Minneapolis, a vibrant city known for its stunning lakes, thriving arts scene, and robust economy, presents a compelling market for real estate investment. However, managing rental properties in such a dynamic environment can be challenging. Whether you're a seasoned investor or a first-time landlord, partnering with a reliable property management company can significantly enhance your experience. This list dives into the best property management companies in Minneapolis, providing insights to help you make an informed decision for 2025.

1. Kleinman Property Management

Kleinman Property Management has consistently ranked at the top of the list for several reasons. Specializing in residential property management across Minneapolis, Kleinman offers a comprehensive suite of services designed to maximize your investment returns and minimize your stress. Their approach is rooted in transparent communication, meticulous attention to detail, and a commitment to building strong relationships with both property owners and tenants.

• Description: Kleinman Property Management provides full-service property management, handling everything from tenant screening and rent collection to property maintenance and financial reporting. They offer personalized service, tailoring their approach to meet the specific needs of each property owner and property type. Focused on building long-term relationships through trust and reliability.
• Pros:
  • Proactive and responsive communication with owners and tenants.
  • Comprehensive tenant screening process, including background checks and credit evaluations.
  • Proactive maintenance and preventative care, extending the lifespan of your property and minimizing costly repairs.
  • Competitive pricing with transparent fee structures.
  • Detailed financial reporting and easy online access to statements and records.
  • Local expertise with in-depth knowledge of the Minneapolis real estate market.
• Cons:
  • May not be the best fit for investors with very specialized property types outside of residential real estate.
• Who it's best for: Owners seeking a full-service, hands-off property management experience, including single-family homes, townhomes, and small to medium-sized multifamily properties. Landlords looking for a transparent and reliable partner who prioritizes communication and property upkeep.

Kleinman Property Management stands out for its commitment to providing a seamless experience. Their team understands the nuances of the local market, allowing them to effectively navigate the complexities of property management in Minneapolis. They focus on minimizing vacancies, ensuring timely rent collection, and maintaining the highest standards for property upkeep. Their proactive approach to maintenance and tenant relations creates a positive environment for both owners and renters, leading to long-term success. Contact them directly to learn more about how they can help manage your Minneapolis property: https://www.kleinmanpropertymanagement.com/.

2. Renters Warehouse

Renters Warehouse is a national property management franchise with a significant presence in Minneapolis. They offer a variety of services, catering to a wide range of rental properties.

• Description: Renters Warehouse provides services including tenant screening, rent collection, and property maintenance. They leverage technology to streamline processes and offer online portals for owners and tenants.
• Pros:
  • Nationwide reach with local expertise in Minneapolis.
  • Established processes and systems.
  • Offers a variety of service packages.
• Cons:
  • Franchise model can mean varying quality of service depending on the local operator.
  • May not offer the same level of personalized service as smaller, local companies.
• Who it's best for: Investors with properties in multiple states and those who appreciate the convenience of established systems.

3. RPM – Renters Property Management Minneapolis

RPM Minneapolis offers comprehensive property management services focused on Minnesota properties. They focus on client communication and provide tailored solutions.

• Description: RPM Minneapolis handles everything from marketing and tenant screening to property maintenance and financial reporting. They emphasize personalized service and local expertise.
• Pros:
  • Dedicated property managers.
  • Focus on client communication.
  • Comprehensive services.
• Cons:
  • Service fees may be higher than some competitors.
  • Limited online presence compared to some larger companies.
• Who it's best for: Owners seeking a hands-on approach with dedicated property management support.

4. MN Property Management

MN Property Management offers a range of services designed to simplify the rental process for property owners throughout the Twin Cities area.

• Description: They manage single-family homes, townhomes, and small multifamily properties. Services include tenant screening, rent collection, maintenance coordination, and financial reporting.
• Pros:
  • Local expertise and market knowledge.
  • Focus on tenant satisfaction.
  • Transparent fee structures.
• Cons:
  • Limited online reviews compared to larger companies.
  • May have a smaller staff, which could affect response times.
• Who it's best for: Owners of single-family homes or small multifamily properties seeking a local, service-oriented management company.

5. Real Property Management Results

Real Property Management Results is a franchise with a presence in the Minneapolis area, providing a variety of property management solutions.

• Description: They offer a full suite of services, including tenant screening, rent collection, maintenance coordination, and financial reporting.
• Pros:
  • Established national brand with local offices.
  • Variety of service packages.
  • Use of technology for efficiency.
• Cons:
  • Franchise model can lead to inconsistent service experiences.
  • May have higher fees due to franchise structure.
• Who it's best for: Investors looking for a familiar brand with a variety of service options.

6. Skyline Properties Inc

Skyline Properties Inc. offers property management services focused on enhancing the value and profitability of rental properties in Minneapolis.

• Description: They manage a range of properties, including single-family homes and small to medium multifamily buildings. Their services cover all aspects of property management, from tenant acquisition to property maintenance.
• Pros:
  • Emphasis on property valuation and optimization.
  • Experienced team with local market knowledge.
  • Proactive approach to maintenance.
• Cons:
  • May be more specialized in certain types of properties.
  • Limited information available online about pricing.
• Who it's best for: Owners seeking a partner focused on maximizing property value and investment returns.

7. Northpoint Asset Management

Northpoint Asset Management has a strong reputation for managing both residential and commercial properties in Minneapolis.

• Description: Their services include leasing, rent collection, and property maintenance. They use technology to streamline processes.
• Pros:
  • Experience with both residential and commercial properties.
  • Use of technology for efficiency.
  • Strong reputation in the local market.
• Cons:
  • May be a larger firm, which could mean less personalized service.
  • Pricing not readily available online.
• Who it's best for: Investors with a portfolio of both residential and commercial properties.

8. Mad City PM

Mad City PM provides property management services throughout the Minneapolis area.

• Description: Mad City PM focuses on streamlined processes, providing services such as tenant screening, rent collection, and property maintenance.
• Pros:
  • Relatively affordable pricing.
  • Focus on tenant satisfaction.
  • Streamlined online portals.
• Cons:
  • May have fewer resources than larger companies.
  • Reviews indicate a mixed experience.
• Who it's best for: Owners seeking a cost-effective, tech-savvy property management solution.

9. Atlas Property Management

Atlas Property Management offers comprehensive property management services in the Minneapolis area, catering to various property types.

• Description: Atlas offers full-service management, including tenant screening, rent collection, maintenance coordination, and financial reporting. They focus on maintaining properties and providing excellent customer service.
• Pros:
  • Full-service approach covering all aspects of property management.
  • Local knowledge and experience.
  • Focus on good tenant relations.
• Cons:
  • Pricing may vary based on property size and specific needs.
  • Limited information available online about specific fees.
• Who it's best for: Investors seeking a hands-off property management experience, including single-family homes and small multifamily properties.

10. South Metro Property Management

South Metro Property Management is a Minneapolis-based company offering dedicated property management services.

• Description: They manage single-family homes, townhomes, and smaller multi-unit properties. Their services focus on rent collection, tenant screening, and maintenance.
• Pros:
  • Local market expertise, focused on the South Metro area.
  • Responsive communication.
  • Competitive pricing.
• Cons:
  • May have a smaller staff potentially limiting resources.
  • Online reviews are somewhat limited.
• Who it's best for: Owners focusing on the South Metro area who need a local expert.

11. City Aspire Realty & Property Management

City Aspire Realty & Property Management provides property management and real estate services in Minneapolis.

• Description: Offers a range of services including property management, sales, and rentals. They handle tenant screening, rent collection, and property maintenance.
• Pros:
  • Full service real estate solution.
  • Experienced local agents.
  • Offers both management and sales services.
• Cons:
  • May focus on real estate sales, rather than property management specifically.
  • May have higher fees.
• Who it's best for: Owners needing property management and who may be open to buying or selling property.

12. North Star Properties - Minneapolis

North Star Properties offers a comprehensive suite of property management services catering to multiple property types in Minneapolis.

• Description: They offer tenant screening, rent collection, property maintenance, and financial reporting services. They aim to provide efficient and reliable property management.
• Pros:
  • Focus on providing quality tenant-landlord relationships.
  • Experienced in managing a variety of rental properties.
  • Offers an online portal for owners and tenants.
• Cons:
  • May have a smaller team which could potentially lead to slower response times.
  • Pricing information not readily available online.
• Who it's best for: Investors seeking a hands-on approach and focus on positive tenant relations.

13. Minneapolis Property Management

Minneapolis Property Management, as the name suggests, focuses solely on property management within Minneapolis.

• Description: They offer full-service property management services encompassing tenant screening, rent collection, property maintenance, and financial reporting.
• Pros:
  • Focuses exclusively on Minneapolis.
  • Local expertise and market knowledge.
  • Comprehensive and full-service property management.
• Cons:
  • Limited online reviews compared to larger competitors.
  • Fees may be higher.
• Who it's best for: Investors seeking a dedicated property management solution focused exclusively within the city of Minneapolis.

14. Twin City Properties

Twin City Properties manage a wide variety of properties throughout the Minneapolis-St. Paul metro area.

• Description: They offer services including tenant screening, rent collection, and maintenance. They manage single-family homes, townhomes and small multi-unit complexes, offering a full-service approach.
• Pros:
  • Experience in multiple property types.
  • Offers online portals.
  • Local expertise in the Twin Cities market.
• Cons:
  • May have a lower staff resulting in slower response times.
  • Fees may be higher than competitors.
• Who it's best for: Investors with a portfolio of properties across the Twin Cities looking for one point of contact.

Conclusion

Choosing the right property management company in Minneapolis can significantly impact the success of your real estate investments. While many reputable companies serve the Minneapolis market, Kleinman Property Management consistently stands out as a top choice. Their dedication to personalized service, transparent communication, and comprehensive approach makes them ideal for property owners seeking a worry-free management experience. They have a proven track record, expert local knowledge, and an unwavering commitment to both property owners and tenants which results in a winning combination.

FAQ

What does a property management company do in Minneapolis?
A property management company in Minneapolis handles the day-to-day operations of rental properties. This includes tasks such as tenant screening, rent collection, property maintenance, and responding to tenant inquiries. The goal is to maximize the property's profitability and minimize the owner's workload and stress.

How much does property management typically cost in Minneapolis?
Property management fees in Minneapolis typically range from 8% to 12% of the monthly rent. Some companies may also charge additional fees for services such as tenant placement, maintenance, or lease renewals. It's crucial to understand the pricing structure and services included before signing a contract.

How do I choose the best property management company in Minneapolis?
When choosing a property management company in Minneapolis, consider factors such as experience, services offered, fees, communication style, and online reviews. Evaluate how well the company aligns with your investment goals and property needs.

What services should I expect from a full-service property management company?
A full-service property management company should handle all aspects of property management, including tenant screening, rent collection, property maintenance and repairs, handling tenant communication, lease enforcement, and financial reporting.

What are the benefits of hiring a property management company in Minneapolis?
Hiring a property management company in Minneapolis can provide benefits such as: reduced stress, time savings, professional tenant screening, efficient rent collection, timely maintenance and repairs, legal compliance, and increased property value. It allows owners to be hands-off.

How can a property management company help with tenant screening in Minneapolis?
Property management companies use thorough tenant screening processes, that can include credit checks, background checks, and income verification, to assess prospective tenants and find the best fit for your property.

How does a property management company handle property maintenance and repairs?
Property management companies coordinate maintenance and repairs through their network of vendors and contractors. They handle all communication and scheduling, ensuring that issues are addressed promptly and effectively, keeping your property in optimal condition. They also can provide suggestions for preventative maintenance.

What questions should I ask when interviewing a property management company?
When interviewing a property management company, ask about their experience, services offered, fee structure, tenant screening process, maintenance procedures, communication protocols, and their experience with properties similar to yours.

Are you looking for a reliable and experienced partner to manage your property in Minneapolis? Consider Kleinman Property Management. With their local expertise and commitment to excellence, they can help you maximize your investment returns. Contact them today to learn more and schedule a consultation and see how they can meet your property management needs, head over to https://www.kleinmanpropertymanagement.com/.