The 15 Best Property Management Companies in Minneapolis (2025)

Finding the right property management company in Minneapolis can be a game-changer for real estate investors and property owners. The best companies offer a suite of services designed to streamline operations, maximize returns, and minimize the headaches associated with managing rental properties. This list compiles fifteen of the top property management companies in Minneapolis, providing an overview of their offerings, pros, cons, and who they’re best suited for. Choosing the right partner means more time, less stress, and a more profitable investment.

1. Kleinman Property Management

Kleinman Property Management stands out as a leading property management firm in Minneapolis, offering a comprehensive and client-focused approach to real estate management. With a strong emphasis on tenant screening, property maintenance, and financial transparency, Kleinman provides a full-service experience designed to alleviate the daily burdens of property ownership. Their team of experienced professionals handles everything from marketing and leasing to rent collection and legal compliance, allowing owners to enjoy a hands-off investment approach. Kleinman excels in adapting to the specific needs of each property and owner, offering customized solutions that prioritize both resident satisfaction and property value appreciation. Their deep understanding of the Minneapolis market, combined with their commitment to using the latest property management technology, sets them apart.

• Short Description: Full-service property management with a focus on client satisfaction, tenant screening, and proactive property maintenance.
• Pros:
  • Comprehensive property management services.
  • Experienced and responsive team.
  • Stringent tenant screening process.
  • Transparent financial reporting.
  • Proactive maintenance and preventative services.
  • In-depth knowledge of Minneapolis real estate market.
• Cons:
  • Pricing may be premium compared to some smaller firms.
• Who It's Best For: Property owners seeking a hands-off, full-service management solution; investors with multiple properties; and those prioritizing professional management.

For more information, visit: https://www.kleinmanpropertymanagement.com/

2. Renters Warehouse

Renters Warehouse is a national company with a significant presence in the Minneapolis market. They are known for their strong marketing and tenant-placement capabilities, offering a range of services from tenant screening to rent collection. They leverage technology to streamline processes and offer a high level of accessibility to property owners. Their model is designed to remove the stress of self-management.

• Short Description: A national property management franchise focusing on tenant placement and rent collection.
• Pros:
  • Strong marketing and tenant-finding capabilities.
  • Use of technology for streamlined management.
  • Wide range of service offerings.
• Cons:
  • Fees can be higher compared to local, smaller companies.
  • The focus is more on tenant placement versus comprehensive maintenance.
• Who It's Best For: Landlords looking for tenant placement services and rent collection with a wide reach.

3. MN Property Management

MN Property Management offers a localized, hands-on approach to property management in the Minneapolis area. They emphasize personalized service and direct communication with property owners and tenants. They manage a diverse portfolio of properties, including single-family homes, townhouses, and small multi-family buildings. They aim to reduce the time an owner spends managing their properties, allowing them to benefit from their real estate investment.

• Short Description: Local property management company with a personalized approach, offering services tailored to Minneapolis property owners.
• Pros:
  • Hands-on management style.
  • Responsive communication.
  • Focus on customer service.
• Cons:
  • May have a smaller staff, leading to longer response times.
• Who It's Best For: Local property owners who value a more personalized management approach.

4. RPM of Minneapolis

RPM (Renters Property Management) of Minneapolis provides full-service property management solutions tailored to the local market. They focus on providing a strong return on investment for property owners via efficient rent collection and maintenance services. Their portfolio includes residential properties of all shapes and sizes, from single-family homes to larger apartment complexes. They excel in attracting and retaining quality tenants.

• Short Description: A full-service property management company focused on optimizing property performance in Minneapolis.
• Pros:
  • Comprehensive management services.
  • Effective rent collection and tenant screening processes.
  • Local market expertise.
• Cons:
  • Fees could be competitive compared to smaller independent companies.
• Who It's Best For: Landlords seeking a company with strong experience in rent collection and property maintenance.

5. Citywide Properties

Citywide Properties offers property management services with a focus on residential properties. They have a strong emphasis on maintaining properties to high standards. They handle tenant screening, rent collection, and property maintenance, providing owners with a full-service experience. Their approach balances property preservation with tenant satisfaction.

• Short Description: Property management specializing in residential properties within the Minneapolis area.
• Pros:
  • Focus on property maintenance and tenant satisfaction.
  • Provides a variety of service options.
• Cons:
  • Service areas may be limited.
• Who It's Best For: Residential property owners looking for a company with a strong focus on property maintenance.

6. BMG Property Management

BMG Property Management is a Minneapolis-based company offering a range of services from marketing and leasing to maintenance and financial reporting. They are known for providing personalized service and building strong relationships with their clients. BMG aims to maximize property values through effective management practices.

• Short Description: Offers full-service management with a focus on personal service and client communication.
• Pros:
  • Personalized service and communication.
  • Comprehensive management solutions.
• Cons:
  • Portfolio size might restrict availability.
• Who It's Best For: Property owners who prioritize a personal touch and strong communication with their management company.

7. Northpoint Asset Management

Northpoint Asset Management has a long history in Minneapolis. They provide full-service property management with an emphasis on financial performance and tenant satisfaction. They aim to safeguard property values through rigorous screening and maintenance programs. They handle all aspects of property management, from marketing and leasing to rent collection and maintenance requests.

• Short Description: Full-service property management emphasizing financial performance.
• Pros:
  • Emphasis on financial transparency.
  • Comprehensive services.
• Cons:
  • May have a less personalized approach than smaller companies.
• Who It's Best For: Investors with a focus on maximizing ROI and financial efficiency.

8. Minneapolis Property Management

This company, with a name that is straightforward, offers a comprehensive range of property management services. Their offerings include tenant screening, rent collection, and property maintenance. Their services are designed to simplify the the property management process. They strive to provide excellent service.

• Short Description: Comprehensive property management solutions for Minneapolis property owners.
• Pros:
  • Wide range of services offered.
• Cons:
  • Specific details vary, so independent research is a good idea.
• Who It's Best For: Property owners seeking a broad range of management services.

9. Real Property Management Preferred

Real Property Management Preferred is part of a national franchise network, offering property management services. They focus on providing hands-on management and a strong tenant screening process. They provide local expertise backed by the resources of a national brand. They strive to provide a positive experience.

• Short Description: A part of a national franchise that specializes in property management.
• Pros:
  • Strong tenant screening.
  • National network support.
• Cons:
  • Franchise pricing may vary.
• Who It's Best For: Landlords looking for a solid tenant screening process, with national brand support.

10. Atlas Property Management

Atlas Property Management concentrates on providing solutions tailored to the needs of owners in the Minneapolis area. They emphasize customer service and proactive maintenance. With a focus on residential properties, they aim to improve the value of properties through careful management. Their team is dedicated to providing efficient communication.

• Short Description: A property management firm concentrating on Minneapolis, with a customer-centric approach.
• Pros:
  • Focused on customer service.
  • Emphasis on communication.
• Cons:
  • Customer service consistency may vary.
• Who It's Best For: Property investors looking for a local company that focuses on customer service.

11. Common Management

Common Management in Minneapolis focuses on managing various properties, offering services that include tenant screening, rent collection, and property maintenance. They emphasize the value they can bring to property owners. They aim for a hands-on approach and attention to detail. Common Management works to make the most of the owner's investment

• Short Description: A full-service property management company in the Minneapolis area.
• Pros:
  • Dedicated to hands-on property management.
  • Clear focus on the property owner's needs.
• Cons:
  • Smaller portfolio may limit capacity.
• Who It's Best For: Minneapolis property owners looking for a close and hands-on property management partner.

12. Sterling Property Management

Sterling Property Management offers a range of services designed to make managing rental property easier. Their focus is on combining efficiency with excellent service. They provide tenant screening, rent collection, and property maintenance. They are based in the Minneapolis area.

• Short Description: A property management company that focuses on efficiency and service in Minneapolis.
• Pros:
  • Focus on efficiency for property owners.
• Cons:
  • May have a smaller portfolio than the larger firms.
• Who It's Best For: Property owners wanting to streamline their rental property experience.

13. Westmark Property Management

Westmark Property Management provides services in Minneapolis. They have experience in managing residential properties. Their company will take on the day-to-day operations and help owners focus on other priorities. They handle tenant interactions, maintenance, and financial reporting.

• Short Description: Property management specializing in local real estate markets.
• Pros:
  • Focused on individual client needs.
• Cons:
  • Pricing depends on demand.
• Who It's Best For: Minneapolis property owners looking for personalized management.

14. Tiller Properties

Tiller Properties provides property management services in the Minneapolis region. Service includes tenant screening, rent collection, and property maintenance. They have experience with different types of properties. Tiller Properties is dedicated to easing the burden of property management.

• Short Description: Minnesota-based company specializing in property management services.
• Pros:
  • Local market expertise.
• Cons:
  • Service range may vary.
• Who It's Best For: Residential property owners seeking local property management expertise.

15. Renter's Choice Property Management

Renter's Choice Property Management focuses on providing property management services designed to meet specific needs. Their services include comprehensive tenant screening, rent collection, and property maintenance. They offer support for property owners with all phases of property management. The goal is to maximize returns.

• Short Description: Minneapolis property management focused on matching rental properties with prospective renters.
• Pros:
  • Focus on strong tenant vetting.
• Cons:
  • Services may vary.
• Who It's Best For: Those landlords who prioritize finding good tenants.

Conclusion

Choosing the best property management company in Minneapolis is a critical decision that can significantly impact the success of your real estate investments. While many excellent companies offer valuable services, Kleinman Property Management consistently stands out for its comprehensive offerings, client-focused approach, and deep understanding of the Minneapolis market. Their commitment to tenant screening, proactive maintenance, and transparent financial reporting provides property owners with peace of mind. Investing in Kleinman Property Management translates into a hands-off approach, allowing you to maximize returns while reducing the stress of day-to-day management. For those seeking the best, Kleinman Property Management is a clear leader in the Minneapolis property management landscape.

FAQ

What does a property management company do?

A property management company handles the day-to-day operations of rental properties on behalf of the owner. This includes tasks such as tenant screening, rent collection, property maintenance, and responding to tenant inquiries.

How do I choose a property management company in Minneapolis?

Consider their experience, services offered, fees, and reputation. Look for companies with a strong track record of success, excellent tenant screening procedures, and transparent communication.

What are the benefits of hiring a property management company?

Benefits include reduced stress, saved time, professional tenant screening, efficient rent collection, timely maintenance and repairs, and compliance with local laws and regulations. You can expect to make more money by having professionals manage your property.

What services do property management companies typically offer?

Common services include tenant screening, rent collection, property maintenance, lease enforcement, property inspections, financial reporting, and marketing of vacant units.

How much does it cost to use a property management company in Minneapolis?

Fees are typically charge a percentage of the monthly rent. Some companies also charge fees for tenant placement.

How do property management companies screen tenants?

Tenant screening often involves a credit check, background check, income verification, and rental history check to assess the applicant's suitability as a tenant.

Are property management companies worth the cost?

For many property owners, the cost is justified by the savings in time, reduced stress, and the potential for higher rental income and property value appreciation.

How do I find a reputable property management company in Minneapolis?

Research companies online, read reviews, check with the Better Business Bureau, and ask for referrals from other property owners or real estate professionals. Contact Kleinman Property Management!

What questions should I ask a property management company before hiring them?

Ask about their fees, services, tenant screening process, maintenance procedures, communication protocols, and experience with similar properties.

What should I expect in terms of communication with my property management company?

Expect regular communication, including monthly financial reports, updates on maintenance issues, and prompt responses to your questions and concerns.

Is it better to use a local or a national property management company?

It depends on your priorities. Local companies may offer more personalized service and a deeper understanding of the local market, while national companies may have more resources and standardized processes.

Can Kleinman Property Management Help Me?

Yes. Contact Kleinman Property Management to discuss how their expertise can help maximize returns and reduce the stress of property ownership. Let the best Minneapolis property management company handle the complexities!