Expertise.com

2024

Last updated:

Best Property Management Companies in Minneapolis

Our Recommended Top 13

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Minneapolis Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

88Reviewed

58Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

807 Broadway St NE Ste 144, Minneapolis, MN 55413
Website

Expertise.com Rating

Why choose this provider?

Auntie B Rentals provides comprehensive residential property management services. The company's property managers in Minneapolis offer tenant placement, management, and landlord coaching. The company's personalized management programs include a dedicated point of contact for tenants and owners. It also manages full move-in/move-out and periodic property inspections. The team assists with software setup to accommodate online bill payment, statement viewing, and maintenance requests. Auntie B's also offers add-on services, such as periodic cleaning.

  • Maintenance
  • Closing

1895 Plaza Dr #100, Eagan, MN 55122
WebsiteLicense: 20615880
Website

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Review Sources

Google
4.2 (118)
Facebook
4.0 (31)
Yelp
2.0 (10)

Why choose this provider?

Real-Time Leasing, CRMC, is an Eagan-based real estate company that caters to clients across Minneapolis. It assists property owners through various services, like tenant screening, bookkeeping, property maintenance, and lease management. The company places yard signs and uses national websites to market its clients' properties. It also maintains a dedicated online portal for property owners, where they can access monthly statements. Deb Newell, the company's CEO, has over 20 years of real estate experience. She serves as a director for the trade association Minnesota Realtors.

  • Property Maintenance

17736 Old Excelsior Blvd, Minnetonka, MN 55345
WebsiteLicense: 40284609
Website

Expertise.com Rating

Review Sources

Facebook
4.0 (8)
Google
4.3 (6)
Yelp
5.0 (2)

Why choose this provider?

Verde Real Estate Group provides full-service residential property management in Minneapolis. Its team offers management for single and multifamily homes, condos, and HOAs. It provides marketing on more than 100 websites, a proven leasing process, and comprehensive tenant screening. It also manages rent collection and real-time reporting, in addition to 24/7 maintenance services. It is responsive to tenant and owner questions and concerns. Its goal is to provide a low turnover rate to maximize owner investments.

  • Maintenance
  • Marketing
  • Collection

700 Washington Ave N, Minneapolis, MN 55401
WebsiteLicense: 40065955

Expertise.com Rating

Review Sources

Facebook
4.7 (56)
Yelp
3.5 (31)

Why choose this provider?

DRG is a real estate company that assists property owners, sellers, and buyers in Minneapolis. One of the services it offers is property management which covers single-family homes, townhomes, condominiums, and investment buildings. Its team of management professionals specializes in the urban market, and they handle a wide range of tasks on behalf of property owners, including rent collection and repair coordination. Executive management director Derek Hennen is a Minneapolis native with over two decades of residential and commercial property management experience.

  • Leasing

2200 Johnson ST NE, Minneapolis, MN 55418
WebsiteLicense: 20526363

Expertise.com Rating

Review Sources

Google
4.3 (24)
Yelp
2.5 (3)

Why choose this provider?

Matcom Property Management Inc. caters to clients in Minneapolis and the surrounding areas. With over three decades of experience in the industry, the company provides residential leasing, commercial brokerage, accounting, year-end tax reporting, and rent collection services to help individuals manage their properties. It also assists clients in checking the credit reports of possible tenants. Additionally, it provides tenants with a 24-hour paging service for emergencies. Matcom Property Management Inc. is also available for commercial space leasing services.

  • Property Maintenance

34 Thirteenth Ave NE Suite B002E, Minneapolis, MN 55413
WebsiteLicense: 40409464

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Review Sources

Google
3.7 (52)
Facebook
4.3 (11)

Why choose this provider?

Established in 2014, Rental Management Guys handles more than 500 residential units in Minneapolis and the surrounding areas. It provides property management services that include tenant placement, lease preparation, rent collection, general maintenance, and evictions. Its team also coordinates turnover repairs, city inspections, and issuance of certificates of rent paid. Rental Management Guys is a company founded by five investors who have been engaged in residential and commercial real estate buying, selling, and management since 2005.

  • Maintenance
  • Collection
  • Leasing

825 Wayzata Blvd E #200, Wayzata, MN 55391
WebsiteLicense: 20373508

Expertise.com Rating

Review Sources

Google
4.7 (12)
Yelp
5.0 (1)

Why choose this provider?

Creative Housing Solutions is a woman-owned property management company serving clients in Minneapolis. It provides property management services that include leasing, tenant screening and retention, and residential property maintenance. The members of its property management team have more than 50 years of combined industry experience. Creative Housing Solutions is an advocate of diversity in the workplace. It has adopted diversity as an essential part of its commitment to delivering quality service due to its positive impact on employees, clients, and the community.

  • Maintenance
  • Leasing
  • Closing

1714 E Hennepin Ave, Minneapolis, MN 55414
WebsiteLicense: 146479
Website

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Review Sources

Google
5.0 (170)
Yelp
2.6 (19)
Facebook
2.8 (18)

Why choose this provider?

Residential Property Management, Inc., in Minneapolis serves local homeowners, investors, and tenants. The company has over 30 years of experience managing single-family homes and small rental properties. It offers property management services, ranging from advertising managed properties online to providing preventative maintenance. The company also helps property owners comply with local laws, like registering for a rental license. Company founder David Holt holds the Master Property Manager designation given by the National Association of Residential Property Managers.

  • Property Inspection
  • Rent collection
  • Property Maintenance

201 Lake St E, Wayzata, MN 55391
WebsiteLicense: 40277028
Website

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

Home Rental Systems is a property management and leasing company serving the Minneapolis metro. Its property management services include rental analysis, marketing, maintenance, and rent collection. With 30 years of experience, the company understands the ins and outs of rental management. It also offers management services and designs for mid to upper-end rental vacation properties. Home Rental Systems is a Realtor member with rental properties, such as single-family homes, condo units, and luxury residences. Clients praised the team for keeping their house clean after renovation.

  • Marketing
  • Leasing
  • Tenant Screening

3628 Nicollet Ave, Minneapolis, MN 55409
WebsiteLicense: 40536653

Expertise.com Rating

Review Sources

Google
4.9 (204)
Yelp
2.5 (5)

Why choose this provider?

Minnestay offers vacation rental management services in Minnesota. Its rentals include luxury estates, lake cabins, city lofts, city condos, and RVs. Property owners and renters can avail themselves of the full-service offerings of the company, which include property management and rental booking. The company's management services include a homeowner portal, in-depth marketing, rate intelligence, and 3D virtual tours. Interested renters can access its user-friendly website for searching properties, booking, choosing amenities, and setting up concierge services. Pet-friendly rentals are also available.

  • Maintenance

316 E Main St, Anoka, MN 55303
WebsiteLicense: 40653631
Website

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

10K Realty & Property Management is a family-owned business that has been helping owners and renters in Minneapolis and its surrounding areas for over a decade. Its agents assist clients with property advertising, tenant relations, applicant screenings, rental collections, and financial reports. They also provide real estate services, including photography and virtual staging. 10K Realty is also a licensed brokerage that offers and manages a variety of single-family homes, apartments, and multi-unit investments throughout the Minnesota area.

  • Marketing
  • Collection
  • Tenant Screening

219 Main Street SE Suite 504, Minneapolis, MN 55414
WebsiteLicense: 40152357
Website

Expertise.com Rating

Review Sources

HomeAdvisor
5.0 (1)

Why choose this provider?

Based in Minneapolis, Common Properties Management oversees rental condominiums, single-family homes, apartments, cooperatives, and commercial spaces throughout the metro. Its scope of services covers financial reporting, rent collection, and property maintenance. It also deals with rule violations and legal actions when necessary. The firm's executive director, Perry Hansen, has been in the property management business since 1978. His team uses governance training in its operations and offers specialized financial services to help clients achieve their investment goals.

  • Maintenance
  • Collection

3016 Bryant Ave S, Minneapolis, MN 55408
WebsiteLicense: 40243364

Expertise.com Rating

Review Sources

Google
4.2 (45)
Facebook
3.4 (10)
Yelp
3.5 (8)

Why choose this provider?

Serving the Minneapolis metro, Place Property Management has over ten years of experience managing single-family, condo, and townhome properties. The company handles the collection and disbursement of rent, coordination of maintenance repairs and requests, and property advertisement on behalf of its clients. To ensure the safety of renters' properties, the company also offers high-quality tenant placement by screening potential tenants for income, credit score, criminal background, and rental history. Place Property Management is committed to always being available for any client questions or concerns.

  • Maintenance
  • Marketing
  • Collection

FAQs

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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