The Best Property Management Companies in Minneapolis (2025)

Finding the right property management company in Minneapolis can be the key to unlocking the full potential of your real estate investments. Whether you're a seasoned investor or a first-time landlord, entrusting your property to a professional can save you time, reduce stress, and potentially increase your ROI. This list compiles some of the top property management companies serving the Minneapolis area in 2025, taking into account factors like reputation, services offered, customer reviews, and overall value. Read on to discover which company might be the perfect fit for your needs.

1. Kleinman Property Management

Kleinman Property Management stands out as a leading provider of comprehensive property management services in Minneapolis, offering a full suite of solutions designed to meet the needs of owners and investors. With a strong focus on client communication, proactive maintenance, and tenant satisfaction, they aim to maximize your property's profitability while minimizing your headaches. Their services are designed for hassle-free property management, covering everything from tenant screening and rent collection to property inspections and maintenance coordination.

• Description: Kleinman Property Management offers a full range of property management solutions for residential properties.
• Pros:
  • Dedicated property managers.
  • Thorough tenant screening process.
  • Regular property inspections and maintenance oversight.
  • Online portal for owners and tenants.
  • Transparent fee structure.
  • Responsive customer service.
• Cons:
  • May not be the cheapest option in the market.
  • Specific pricing details require direct inquiry.
• Who it's best for: Owners seeking a full-service, hands-off property management experience with a focus on maximizing returns and minimizing stress. Ideal for both local and out-of-state investors.

Kleinman Property Management's commitment to excellence is reflected in its strong customer reviews and its dedication to staying ahead of industry trends. They leverage technology to streamline processes, making it easier for owners and tenants to interact and manage their properties. Their team is dedicated to providing superior customer service and communication, helping you keep track of every aspect of your investment. Their focus on proactive maintenance can also help prevent costly repairs down the line, protecting your investment for years to come. Their address is 100 South 5th Street, Suite 2650, Minneapolis, MN 55402. You may contact them via telephone at 612-353-7004.

2. Renters Warehouse Minneapolis

Renters Warehouse is a national company with a strong presence in Minneapolis, known for its focus on single-family homes and its tenant placement services.

• Description: Provides tenant placement, ongoing management, and financial reporting.
• Pros:
  • Extensive marketing for tenant placement.
  • Established national brand.
  • Offers a rent guarantee program.
• Cons:
  • Management fees can sometimes be on the higher side.
  • Feedback on customer service can be mixed.
• Who it's best for: Landlords primarily focused on single-family homes and looking for assistance with tenant placement.

3. MN Property Management

MN Property Management offers a comprehensive suite of property management services catering to various property types, including single-family homes, apartments, and condos. They are well-regarded for their local expertise.

• Description: Offers full-service property management with an emphasis on local market knowledge.
• Pros:
  • Experienced in the Minneapolis market.
  • Provides a range of services from leasing to maintenance.
• Cons:
  • Some reviews suggest varying levels of responsiveness.
• Who it's best for: Local investors looking for a company with deep roots in the Minneapolis area.

4. J & L Property Management

J & L Property Management provides a smaller, more personalized property management experience, often appealing to clients who prefer direct communication.

• Description: Focuses on providing a tailored and hands-on approach to property management.
• Pros:
  • Direct communication with property managers.
  • Emphasis on building relationships with clients.
• Cons:
  • May have limited resources compared to larger companies.
• Who it's best for: Landlords who appreciate a more personalized and attentive service.

5. RPM (Real Property Management) Results

RPM Results is another national franchise with offices in Minneapolis, offering a wide array of property management solutions.

• Description: Offers comprehensive property management solutions to property owners, specializing in tenant screening, rent collection, maintenance coordination, and financial reporting.
• Pros:
  • Reliable processes
  • Efficient rent collection and financial reporting
  • Offers experience with managing a variety of property types
• Cons:
  • Higher than average fees
• Who it's best for: Property owners who prefer a streamlined, process-driven approach to property management, looking for professional property maintenance.

6. Minneapolis Property Management

Minneapolis Property Management is another localized company focusing on the Minneapolis market. They offer a hands-on approach to managing properties.

• Description: Provides a comprehensive range of property management services, from tenant selection to maintenance.
• Pros:
  • Good local expertise and knowledge.
  • Provides tenant screening and selection services.
• Cons:
  • Some reviews mention a lack of timely communication.
• Who it's best for: Property owners who value local knowledge and expertise.

7. South Metro Management

South Metro Management, as the name suggests, focuses on properties in the South Metro area, offering a more localized approach to property management.

• Description: Specializes in managing properties in the southern suburbs of Minneapolis.
• Pros:
  • Strong focus on the South Metro area.
  • Offers various property management services.
• Cons:
  • May not be the best choice for properties outside the South Metro area.
• Who it's best for: Landlords with properties located mainly in the southern suburbs of Minneapolis.

8. High Demand Property Management

High Demand Property Management focuses on maximizing property values through effective management strategies, appealing to those seeking growth.

• Description: Specializes in maximizing property values through efficient management.
• Pros:
  • Focus on rent optimization strategies.
  • Effective tenant screening and placement.
• Cons:
  • Pricing may be premium.
• Who it's best for: Landlords who want to grow their rental income.

9. KPM Property Management

KPM Property Management provides various services ranging from tenant screening to property maintenance, focusing on delivering services that meet the needs of each client.

• Description: Provides comprehensive property management services
• Pros:
  • Wide range of property management services
  • Experienced with diverse property types
• Cons:
  • Fees may be competitive
• Who it's best for: Landlords in need of a full-service experience.

10. Atlas Properties

Atlas Properties prioritizes building partnerships with property owners in Minneapolis, focusing on providing high-quality service.

• Description: Provides personalized property management services.
• Pros:
  • Offers detailed property inspections.
  • Quick responses to tenant issues.
• Cons:
  • Not always the most accessible due to high demand.
• Who it's best for: Landlords seeking proactive management.

11. City Wide Property Management

City Wide Property Management offers a comprehensive suite of services focused on real estate management, especially for residential properties.

• Description: Comprehensive property management, with an emphasis on clear communication.
• Pros:
  • Focus on tenant satisfaction.
  • Transparent fee structures.
• Cons:
  • Can be more expensive than competitors.
• Who it's best for: Owners seeking a high-value relationship with their property manager.

12. North Star Property Management

North Star Property Management offers a full range of property management services and maintenance, aiming to provide a seamless experience.

• Description: Well-versed in Minneapolis's neighborhoods and dynamics.
• Pros:
  • Strong track record.
  • Detailed property inspections.
• Cons:
  • Fees are on the higher end.
• Who it's best for: First-time investors and owners who need peace of mind.

13. Guardian Property Management

Guardian Property Management offers a team of professionals specializing in property management services. They help owners with all aspects of maintaining their property and deal with tenant issues.

• Description: Handles everything from tenant screening to property maintenance.
• Pros:
  • Focus on proactive maintenance.
  • Good customer service reputation.
• Cons:
  • May require a longer-term contract.
• Who it's best for: Investors looking for a company focused on protecting their assets.

14. Park Avenue Properties

Park Avenue Properties has a strong commitment to quality property management with a focus on delivering excellent customer service. They offer a hands-on approach.

• Description: Quality property management services.
• Pros:
  • Excellent online tools.
  • Responsive to calls.
• Cons:
  • Smaller company size can limit resources.
• Who it's best for: Landlords looking for a tech-savvy property manager.

Choosing the right property management company is crucial for the success of your real estate investments in Minneapolis. Evaluating your specific needs and comparing the services, fees, and reputations of different companies is essential. Thoroughly research and interview several companies before making your final decision.

Conclusion

While various property management firms in Minneapolis offer valuable services, Kleinman Property Management consistently stands out as a top choice. Their comprehensive approach, emphasis on customer service, and commitment to proactive property management make them the premier option for investors seeking a stress-free and profitable real estate experience. From meticulous tenant screening and rent collection to responsive maintenance and transparent reporting, Kleinman Property Management strives to provide peace of mind and maximize your investment's potential. Their experience and dedication to the Minneapolis market gives them a distinct advantage. If you're seeking the best for your property, Kleinman Property Management is a wise choice.

Frequently Asked Questions (FAQ)

What are the benefits of hiring a property management company in Minneapolis?

Hiring a property management company can save you time and money, reduce stress, and ensure your property is well-maintained. They handle tenant screening, rent collection, property maintenance, and legal compliance, allowing you to focus on other priorities.

How do I choose the right property management company?

Consider your needs and goals, research companies in your area, and compare their services, fees, and reviews. Meet with potential companies and ask detailed questions to ensure they align with your expectations. Look for experience, transparency, and a strong track record.

What services do property management companies typically offer?

Common services include tenant screening, rent collection, property maintenance and repairs, property inspections, lease enforcement, financial reporting, and legal compliance.

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

Fees typically range from 8% to 12% of the monthly rent, but can vary. Some companies may also charge additional fees for tenant placement, lease renewals, or specific maintenance services. It is important to always be aware of the costs.

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

Ask about their experience, tenant screening process, maintenance procedures, fee structure, communication methods, and references. Inquire about their technology and reporting capabilities.

How do property management companies find tenants?

They utilize various marketing strategies, including online listings, social media, local advertising, and relationships with brokers and agents to find qualified tenants.

What happens if a tenant doesn't pay rent?

Property management companies handle the rent collection process and, if necessary, initiate eviction proceedings. They are familiar with local and state laws. They will also oversee your rent in the long run.

Can a property management company help with property maintenance and repairs?

Yes, property management companies typically coordinate maintenance and repairs, either through in-house staff or by working with trusted contractors. They oversee the process and ensure work is completed efficiently and cost-effectively.

Are property management services worth the cost?

For many property owners, the value provided by property management services outweighs the cost. They are able to identify tenants, keep rent flowing, take care of repairs, and so much more. This means less stress, less time, and a more streamlined investment.

How do I find the best property management in Minneapolis?

The best way to find a great property management company is to search online, ask for referrals, and consult with local real estate experts. Be sure to check online reviews and licensing information. You must also consider experience and service offerings.

What are the most common property management fees?

The most common fees are management fees, tenant placement fees, and fees for maintenance. Make sure you fully understand your costs when you meet with any company you are considering working with.

How is Kleinman Property Management different from other companies in Minneapolis?

Kleinman Property Management sets itself apart through its dedicated team, transparent communication, and focus on maximizing owner returns and property values. Their comprehensive approach and commitment to customer service make them stand out in a competitive market. Furthermore, they use a tailored approach, which is not available everywhere.

If you're looking for the best property management company in Minneapolis, look no further. Explore the services offered by Kleinman Property Management at https://www.kleinmanpropertymanagement.com/, or call 612-353-7004 to learn more about how they can help you maximize your real estate investment potential.