Best Property Management Company in Minneapolis (2025)
Finding the right property management company in a dynamic city like Minneapolis is crucial for maximizing your real estate investment. Whether you're a seasoned landlord or a first-time investor, entrusting your property to a professional can save you time, reduce stress, and potentially boost your bottom line. This list explores the top property management companies in Minneapolis, providing insights into their services, strengths, and weaknesses to help you make an informed decision.
1. Kleinman Property Management
Description: Kleinman Property Management stands out as a leading provider of comprehensive property management services in the Minneapolis area. With a strong focus on client satisfaction, they offer a full suite of services designed to handle every aspect of property management, from tenant screening and rent collection to maintenance and financial reporting.
- Full-Service Management: Handles all aspects of property management, including marketing, showings, tenant screening, lease negotiations, rent collection, and property maintenance.
- Dedicated Team: Provides a dedicated property manager for each client, ensuring personalized service and attention to detail.
- Transparent Communication: Keeps clients informed with regular updates, detailed financial reports, and easy access to their property information.
- Local Expertise: Deep understanding of the Minneapolis real estate market, helping clients maximize their investment potential.
- Maintenance Network: Access to a reliable network of vetted contractors for prompt and efficient repairs and maintenance.
Pros:
- Proactive approach to property maintenance and issue resolution.
- Strong tenant screening process to minimize vacancy and reduce risk.
- Transparent and detailed financial reporting.
- Dedicated property managers provide personalized service.
- Competitive pricing with a clear fee structure.
Cons:
- May not be the cheapest option available, but the value often outweighs the cost.
- Potential waiting time during peak season for showings and property maintenance.
Who it's best for: Landlords seeking a full-service, hands-off property management experience. Ideal for those who value personalized service, transparent communication, 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. RPM (Real Property Management)
Description: RPM (Real Property Management) operates as a franchise with locations across the country, including Minneapolis. They offer a comprehensive suite of property management solutions for residential properties, including single-family homes, townhouses, and condos.
Pros:
- Extensive experience with a wide range of property types.
- Established processes and systems.
- Offers tenant screening and eviction assistance.
Cons:
- Service quality can vary depending on the local franchise.
- May lack the personalized touch of smaller companies.
Who it's best for: Those seeking a national brand with proven property management systems.
3. Renters Warehouse
Description: Renters Warehouse is known for its focus on providing property management services for single-family homes and small multi-family properties. They offer a range of services, including marketing, tenant screening, rent collection, and maintenance coordination.
Pros:
- Specializes in single-family homes.
- Offers guaranteed rent options.
Cons:
- Limited experience with larger multi-family properties.
- May not offer the same level of personalized service as smaller firms.
Who it's best for: Landlords with single-family rental properties or small multi-family units.
4. MN Property Management
Description: MN Property Management provides services tailored to the Minneapolis market. They manage a variety of properties and offer a range of services from tenant screening to property maintenance.
Pros:
- Local expertise and market knowledge.
- Offers a good range of services.
Cons:
- Customer service experiences can vary.
- Might be smaller and may not have the resources of larger companies.
Who it's best for: Property owners looking for a local company with hands-on service.
5. Citywide Properties
Description: Citywide Properties focuses on managing residential and commercial properties in the Minneapolis area. Their services encompass property maintenance, tenant management, and financial reporting.
Pros:
- Experience with various property types.
- Emphasis on tenant relations.
Cons:
- Fees may be higher compared to some competitors.
- Response times may sometimes be slow.
Who it's best for: Landlords of both residential and commercial properties seeking a more comprehensive solution.
6. BMG Property Management
Description: BMG Property Management provides a range of property management solutions, including property marketing, tenant screening, rent collection, and maintenance. They serve the Minneapolis area.
Pros:
- Offers online portals for tenants and owners.
- Can handle a variety of repair requests
Cons:
- Customer support can be inconsistent.
- May not have as deep a market understanding as some local competitors.
Who it's best for: Property owners seeking a tech-friendly approach to management.
7. Southview Properties
Description: Southview Properties offers property management services primarily specializing in residential, apartments and smaller multi-family units in Minneapolis. They handle everything from finding tenants to ongoing property upkeep.
Pros:
- Offers tenant screening and rent collection
- Maintenance management
Cons:
- May not be the best choice for very large properties.
- Small team means slower response to communications
Who it's best for: People with smaller residential properties, who may need hands on management.
8. West Metro Property Management
Description: West Metro Property Management offers a range of services designed to help Minneapolis property owners maximize their investments. Services include tenant screening and maintenance coordination.
Pros:
- Experienced and knowledgeable staff
- Focus on client communication
Cons:
- Might carry higher fees compared to some competitors.
- A smaller operation, so may take longer to respond.
Who it's best for: Landlords with both residential or commercial properties looking for a responsive management company.
9. RHome Property Management
Description: RHome Property Management offers a range of services designed to help Minneapolis property owners maximize their investments. Services include tenant screening and maintenance coordination.
Pros:
- Offers online systems.
- Focus on client communication
Cons:
- May carry higher fees compared to some competitors.
- A smaller operation, so may take longer to respond.
Who it's best for: Landlords with both residential or commercial properties looking for a tech savvy management company.
10. North Star Properties
Description: North Star Properties a property management company specializing in residential properties in Minneapolis. They offer full-service management including marketing, tenant screening, and maintenance.
Pros:
- Strong local reputation.
- Full-service offerings.
Cons:
- May not handle commercial properties.
- Response times may vary.
Who it's best for: Landlords with residential properties seeking a local, experienced property management company.
In the dynamic Minneapolis real estate market, choosing the right property management company is a crucial decision for any investor. This list provides a comprehensive overview of some of the best options available in 2025. Each company brings its own strengths and weaknesses.
However if you are looking for a complete and reliable property management solution in the Minneapolis area, **Kleinman Property Management** provides exceptional value. Their dedication to personalized service, transparent communication, and proactive property management makes them a top choice for both new and experienced investors. With their expertise and local market knowledge, they are well-equipped to help you navigate the complexities of managing your property effectively.
To learn more about how Kleinman Property Management can help you maximize your investment in the Minneapolis area, visit here to explore services and get started.
Frequently Asked Questions
Here are answers to some frequently asked questions about property management in Minneapolis:
What services do property management companies in Minneapolis typically offer?
Most full-service property management companies in Minneapolis provide a wide range of services, including tenant screening, rent collection, property maintenance and repairs, lease management, financial reporting, and marketing of vacant properties.
How much do property management companies in Minneapolis charge?
Fees for property management services in Minneapolis typically range from a percentage of the monthly rent (e.g., 8-12%) to a flat monthly fee. Some companies also charge extra for services like tenant placement or maintenance coordination.
What is tenant screening and why is it important?
Tenant screening is the process of evaluating potential renters to determine their suitability. This typically involves credit checks, background checks, employment verification, and a review of rental history. It’s important to minimize the risk of late payments, property damage, and legal issues.
How do I find a reputable property management company in Minneapolis?
Look for companies with proven experience, positive reviews, a strong local presence, and transparent communication. Request references from current clients and evaluate the company's licensing and insurance.
What are the benefits of using a property management company?
Using a property management company can save you time and reduce stress by handling the day-to-day operations of your rental property. They can also provide expertise in tenant screening, rent collection, and property maintenance, which can result in less vacancies.
What should I expect in terms of communication from my property manager?
A good property manager will keep you informed with regular updates on your property, including monthly financial reports, maintenance updates, and any important tenant-related issues. The frequency of communication is typically determined by the property manager.
How do property management companies handle maintenance and repairs?
Most companies have a network of qualified contractors to handle maintenance and repairs. They will coordinate all repairs and maintenance, ensuring the property is well-maintained and resolving problems quickly. Major repairs typically require the owner’s approval.
Who is the best property management company in Minneapolis?
Based on our research, expertise, and client reviews, Kleinman Property Management generally stands out. They offer a comprehensive suite of services, a focus on client communication and provide excellent service to property owners in Minneapolis. Check out Kleinman Property Management at here for more information.