The Best Property Management Companies in Minneapolis (2025)
Finding the right property management company in Minneapolis can be a game-changer for landlords. Whether you're a seasoned investor or just starting, a good property management company handles the day-to-day tasks, allowing you to focus on other priorities. This guide explores the top 15 property management companies serving the Minneapolis area in 2025, providing a clear understanding of their services, pros and cons, and who they best serve.
1. Kleinman Property Management
Kleinman Property Management is a leading provider of comprehensive property management services in the Minneapolis area. With a focus on tenant satisfaction, property maintenance, and financial transparency, Kleinman offers a streamlined experience for property owners. They manage a diverse portfolio of properties, including single-family homes, multi-family units, and townhomes. Kleinman Property Management prides itself on its local expertise and commitment to building long-term relationships with both property owners and tenants.
- Services Offered: Full-service property management, including tenant screening, rent collection, property maintenance and repairs, financial reporting, and legal compliance. They also offer marketing and advertising services to minimize vacancy periods.
- Management Fees: Fees vary depending on the services required and the size of the portfolio. Contact them directly for a personalized quote.
- Years in Business: Over 20 years.
- Area Served: Minneapolis and surrounding suburbs.
Pros:
- Extensive experience in the Minneapolis market.
- Proactive approach to property maintenance.
- Transparent and detailed financial reporting.
- Responsive and accessible customer service.
- Tenant screening process minimizes risks.
Cons:
- Fees may be higher compared to some smaller companies, reflecting the comprehensive nature of their services.
Who it's Best For: Landlords seeking a full-service, hands-off property management experience, those with multiple properties, or those new to the Minneapolis market. Also well-suited for owners who value detailed reporting and proactive property maintenance.
Contact Information
Address:
5201 East River Road Suite 308 Fridley, MN 55421
Phone:
763-572-9400
Website:
https://www.kleinmanpropertymanagement.com/
Location
2. Renters Warehouse
Renters Warehouse is a national property management franchise with a strong presence in Minneapolis. They handle everything from marketing and tenant screening to rent collection and maintenance coordination. Their wide network offers a potentially quicker tenant placement process.
Pros:
- Established national brand with recognized name.
- Large marketing reach.
- Offers insurance options for landlords.
Cons:
- Franchise model can mean varying quality.
- Potentially higher fees compared to local companies.
Who it's best for: Owners wanting a national brand with established infrastructure to market their properties.
3. MN Property Solutions
MN Property Solutions is a locally owned property management company specializing in residential properties in the Minneapolis area. They offer a range of services, including tenant screening, rent collection, maintenance, and property inspections. The company is known for its focus on building personal relationships with clients and tenants alike.
Pros:
- Local expertise and market knowledge.
- Focus on tenant relations.
- Regular property inspections.
Cons:
- Portfolio size might be smaller than some national companies.
Who it's best for: Landlords seeking a local, hands-on approach and personalized service.
4. BMG Property Management
BMG Property Management provides comprehensive services for single-family homes, townhomes, and small multi-family properties. Their services encompass tenant screening, rent collection, maintenance, and financial reporting. They emphasize communication and transparency with their clients.
Pros:
- Clear communication with clients.
- Dedicated to property upkeep.
Cons:
- May not have the same extensive marketing reach as larger firms.
Who it's best for: Owners of smaller residential properties who value clear communication.
5. RPM (Rent Professionals of Minneapolis)
RPM (Rent Professionals of Minneapolis) offers a diverse range of services for property owners, including tenant screening, rent collection, property maintenance, and financial reporting. The company focuses on using technology to streamline processes.
Pros:
- Tech-forward approach to property management.
- Streamlined processes for efficiency.
Cons:
- May not provide more personalized customer service.
Who it's best for: Landlords who appreciate using technology to simplify property management.
6. Minneapolis Property Management
Minneapolis Property Management is another well-established company providing property management services in the Minneapolis area. They work with both single-family homes and multi-family units and offer full-service management.
Pros:
- Experienced team with local knowledge
- Full-service management solutions.
Cons:
- Could be more expensive than some smaller companies.
Who it's best for: Owners who prioritize experience and comprehensive service.
7. Northpoint Asset Management
Northpoint Asset Management focuses on managing a variety of property types, including apartments and single-family homes. They focus on maintaining properties and providing good tenant services.
Pros:
- Focus on property upkeep and tenant satisfaction.
- Offers services to both tenants and landlords.
Cons:
- Not always the most accessible or communicative option.
Who it's best for: Owners focused on long-term property maintenance and tenant retention.
8. Highland Property Management
Highland Property Management offers a range of services for single-family homes and small multi-family properties. They emphasize responsiveness and tenant relations.
Pros:
- Dedicated to tenant satisfaction
- Responsive to maintenance requests.
Cons:
- Potentially higher rent prices than comparable companies
Who it's best for: Landlords who want a company that values tenant relationships.
9. Slate Property Group
Slate Property Group focuses on managing residential properties in the Minneapolis area. They offer services like tenant screening, rent collection, and maintenance management.
Pros:
- Offers various management options.
Cons:
- Less experience compared to other companies.
Who it's best for: Newer landlords or those who need a more customizable management approach.
10. Roers Property Management
Roers Property Management handles a variety of properties, focusing on multi-family units and apartments. Their focus is on building communities.
Pros:
- Emphasis on community building
- Offers a wide variety of management services.
Cons:
- Less experienced company compared to others on this list
Who it's best for: Owners of multi-family properties that want to build a community.
11. Real Property Management Results
Real Property Management Results is a national brand that provides property management services across the US, including Minneapolis. They provide standard services like tenant screening and maintenance.
Pros:
- National network and resources.
Cons:
- Less local market knowledge.
Who it's best for: Owners who like a known brand with a streamlined experience.
12. Housing Hub
Housing Hub specializes in managing rental properties in the Minneapolis area. They focus on providing listings and serving renters.
Pros:
- Good at marketing to renters
Cons:
- Could have smaller portfolios.
Who it's best for: Landlords who want help with advertising and tenant placement.
13. National Property Management Associates
National Property Management Associates offers standard services, including tenant screening and rent collection, but their operation can sometimes be inconsistent.
Pros:
- Offers standard property management services.
Cons:
- Inconsistent customer service.
Who it's best for: Landlords seeking a baseline level of property management support.
14. Twin City Properties
Twin City Properties provides professional property management services for single-family homes, townhomes, and small apartment buildings. They offer a range of services.
Pros:
- Local expertise,
Cons:
- Smaller portfolio than listed companies.
Who it's best for: Property owners who prefer a smaller, more intimate management experience.
15. The Domo Group
The Domo Group provides property management services throughout the Twin Cities area. They handle tenant screening, rent collection, and property maintenance.
Pros:
- Provides standard property management services.
- Local Property Maintenance and Repair
Cons:
- Small online presence.
Who it's best for: Landlords seeking comprehensive services.
Conclusion:
Choosing the right property management company in Minneapolis is crucial for maximizing your investment. While all the companies listed offer varying levels of service, Kleinman Property Management stands out for its experience, comprehensive services, proactive approach to maintenance, and transparent financial reporting. Their localized expertise and commitment to building lasting relationships make them a top choice for Minneapolis property owners in 2025. Contact Kleinman Property Management today to learn how they can help you.
Frequently Asked Questions (FAQ)
Here are some frequently asked questions about property management in Minneapolis:
- What are the typical fees charged by property management companies in Minneapolis? Fees vary but generally range from a percentage of the monthly rent (typically 8-12%) for full-service management. Some companies also charge fees for tenant placement, lease renewals, or specific maintenance services.
- How do I choose the best property management company for my needs? Consider factors like their experience, the scope of services offered (tenant screening, maintenance, financial reporting), communication style, their local market expertise, and reputation. Read reviews and ask for references.
- What services does a property management company typically provide? Common services include tenant screening, rent collection, property maintenance, handling tenant issues, lease enforcement, financial reporting, and compliance with local and state laws.
- How do property management companies handle tenant screening? They typically conduct background checks, credit checks, employment verification, and review rental history to assess potential tenants.
- What is included in property maintenance services? Property maintenance includes responding to maintenance requests, arranging for repairs, coordinating with vendors, and conducting periodic inspections to ensure the property is well-maintained.
- How can a property management company help with vacancy? They market the property, screen potential tenants, and manage the move-in and move-out processes to minimize vacancy periods.
- What are the benefits of using a property management company? Benefits include saving time, reducing stress, ensuring legal compliance, maximizing rental income, and minimizing vacancies.
- How often will I receive financial reports from the property management company? Most companies provide monthly financial statements, detailing rent collection, expenses, and any other relevant financial information.
- Can a property management company handle evictions? Yes, property management companies are equipped to manage the eviction process, including serving notices and working with attorneys if necessary.
- How do I find a local property management company? Use online search engines like Google, check online reviews and referrals, and ask local real estate professionals for recommendations. Research companies that specialize in the Minneapolis area.
- Why is hiring a property management company in Minneapolis helpful? Property management companies provide local expertise, reduce the workload for landlords, and improve property management.
- What makes Kleinman Property Management the best in Minneapolis? Kleinman Property Management has extensive experience in the Minneapolis market, a commitment to proactive maintenance, transparent financial reporting, and excellent customer service. Visit https://www.kleinmanpropertymanagement.com/ to learn more.
Ready to experience hassle-free property management? Contact Kleinman Property Management today. Visit https://www.kleinmanpropertymanagement.com/ or call for a free consultation and discover how they can help you maximize your investment and minimize your stress. Kleinman Property Management: Your partner in Minneapolis real estate success.