The 13 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 listicle explores 13 of the top property management companies in Minneapolis, providing a detailed look at their services, strengths, and weaknesses to help you find the perfect fit for your needs in 2025.

1. Kleinman Property Management

Kleinman Property Management stands out as a leading property management firm in Minneapolis, offering comprehensive services for a wide range of properties, including single-family homes, multi-family units, and townhouses. Kleinman Property Management focuses on providing personalized service and building strong relationships with both property owners and tenants. They pride themselves on a proactive approach to property management, anticipating and addressing issues before they escalate, ensuring properties are well-maintained and that owner investments are protected. They use technology to streamline operations and offer transparent reporting to their clients via a user-friendly online portal.

• Description: Kleinman Property Management provides a full spectrum of property management services designed to alleviate the stress of property ownership. This includes tenant screening, rent collection, property maintenance, financial reporting, and legal compliance. They emphasize communication and provide dedicated property managers for personalized service.
• Pros:
  • Comprehensive property management services.
  • Experienced team with local market expertise.
  • Proactive maintenance and prompt response times.
  • Transparent financial reporting.
  • Strong tenant screening process.
• Cons:
  • Pricing may be slightly higher than some competitors due to the premium service offerings.
• Who it's best for: Property owners seeking a full-service, hands-off property management solution with a focus on communication and proactive management practices. It is especially well-suited for owners who appreciate personalized attention and detailed financial reporting.

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

2. MN Property Management

MN Property Management offers a range of services tailored to meet the needs of Minneapolis property owners. They focus on tenant screening and placement, rent collection, and property maintenance, providing owners with peace of mind. They have a established presence in the Twin Cities.

• Description: MN Property Management provides management services with a local focus, handling advertising, tenant relations and maintenance requests.
• Pros: Experienced team
• Cons: Can be hard to get in touch at times
• Who it's best for: Landlords seeking a company with an established presence.

3. Renters Warehouse

Renters Warehouse is a national company with a local presence in Minneapolis, making them a good option for people who like a larger more established company. They offer a variety of services, including tenant screening and rent collection, and have experience with managing many different types of properties.

• Description: Renters Warehouse focuses on providing a streamlined property management experience through their national network.
• Pros: Large scale and many reviews.
• Cons: Responsiveness based on size may not be what is expected.
• Who it's best for: Property owners looking for a standardized and established management approach.

4. BMG Property Management

BMG Property Management is a Minneapolis-based company offering a personalized approach to property management. They provide services customized for their clients.

• Description: BMG Property Management provides a customer service experience.
• Pros: Focused on customer service.
• Cons: Can be hard to get in touch at times.
• Who it's best for: Owners who value a more personal management experience.

5. RPM (Real Property Management)

RPM, or Real Property Management, is a national franchise with offices in Minneapolis. They provide standard property management services.

• Description: Real Property Management covers the basics, handling tenant screening, rent collection, and property maintenance.
• Pros: Extensive Network.
• Cons: Can be hard to get in touch at times.
• Who it's best for: Owners who like to have a nationally recognized name managing their properties.

6. Minneapolis Property Management

Minneapolis Property Management is another local firm specializing in residential properties. They provide full-service property management with an emphasis on local market expertise.

• Description: This company offers a range of property management services.
• Pros: Focus on property management.
• Cons: Limited staff.
• Who it's best for: Owners looking for a company with local expertise.

7. Dinkytown Rentals

Dinkytown Rentals specializes in managing properties in the Dinkytown area of Minneapolis, and they've been doing it for years. They are well-equipped to handle the specific challenges and opportunities within the area.

• Description: This focused company offers a suite of property management services.
• Pros: Focus on property management.
• Cons: Limited staff.
• Who it's best for: Owners with properties in the Dinkytown area seeking specialized management.

8. High Demand Property Management

High Demand Property Management focuses on maximizing rental income and minimizing vacancies for its clients. They are able to provide service to many property types.

• Description: Focused on maximizing returns for property.
• Pros: Focused on returns.
• Cons: Limited staff.
• Who it's best for: Owners looking for a good return on their investment.

9. Great North Property Management

Great North Property Management is known for its detailed approach. They are able to provide excellent service for properties.

• Description: Offers detailed management of properties.
• Pros: Good reputations.
• Cons: In business for a shorter time.
• Who it's best for: Owners looking for close attention to their properties.

10. Southview Property Management

Southview Property Management offers comprehensive property management services, including tenant screening, rent collection, and property maintenance. These services are provided for many different types of properties.

• Description: Southview Property Management provides a variety of property management solutions.
• Pros: Large list of service options.
• Cons: Some reviews reference slow response times.
• Who it's best for: Property owners looking to have a variety of service options.

11. CPM (CPM)

CPM (CPM) is a property management company that focuses on multi-family housing. They bring experience to the table when it comes to property management.

• Description: CPM (CPM) brings experience to the table when it comes to property management.
• Pros: Experienced company.
• Cons: Limited information online.
• Who it's best for: Owners of multi-family housing options.

12. Real Estate Masters

Real Estate Masters provides a combination of real estate sales and property management services. This can be beneficial for those looking to expand rentals.

• Description: These experts provide sales and property management options.
• Pros: Experience in the real estate world.
• Cons: Limited information online.
• Who it's best for: Owners seeking both property management and real estate services.

13. Northwind Real Estate

Northwind Real Estate provides property management and real estate services. Their team provides many different types of services in the Minneapolis area.

• Description: These experts offer property management and real estate services.
• Pros: Local expertise of real estate.
• Cons: Some reviews reference slow response times.
• Who it's best for: Owners looking for assistance in real estate services.

Conclusion

Choosing the right property management company in Minneapolis is a critical decision that can significantly impact your investment. While all the companies listed offer valuable services, Kleinman Property Management stands out for its comprehensive approach, personalized service, and dedication to building strong relationships with both owners and tenants. Their focus on proactive maintenance, transparent reporting, and deep understanding of the Minneapolis market makes them an excellent choice for property owners seeking a reliable and efficient management solution in 2025.

FAQ: Best Property Management Company in Minneapolis

1. What services does a property management company in Minneapolis typically offer? Primarily, they offer tenant screening, rent collection, property maintenance, financial reporting, and legal compliance assistance.
2. How much does a property management company in Minneapolis usually charge? Fees vary but are generally a percentage of the monthly rent collected, often ranging from 8% to 12%. Some may also charge extra for specific services.
3. How do I choose the best property management company in Minneapolis? Consider their experience, services offered, fees, communication style, and online reviews. Ensure they understand the local market.
4. What are the benefits of hiring a property management company? They save you time and reduce stress, handle tenant issues, ensure legal compliance, and maximize your property's potential.
5. What questions should I ask when interviewing a property management company? Inquire about their tenant screening process, maintenance procedures, vacancy rates, and how they handle late rent payments
6. How do property management companies handle maintenance requests? They typically have a process for receiving, assessing, and coordinating maintenance requests, often using a network of trusted vendors.
7. Can a property management company help with evictions? Yes, they can manage the legal process, including serving notices and coordinating with attorneys if needed.
8. What kind of reporting can I expect from a property management company? You should receive regular financial statements, including income and expense reports, and access to an online portal to review your property's performance.
9. How do I find reviews for property management companies in Minneapolis? Check online review sites such as Yelp, Google Reviews, and the Better Business Bureau.
10. What is the importance of a property management company's local market knowledge? Local knowledge helps them set competitive rental rates, attract quality tenants, and navigate local regulations effectively.
11. How can I make sure my property management company communicates effectively? Ensure they have clear communication channels, respond promptly to your inquiries, and provide regular updates on your property.
12. Are there any guarantees when choosing a property management company in Minneapolis? While no guarantees exist, look for companies with strong track records, positive reviews, and a commitment to communication and transparency.

Ready to experience the benefits of professional property management in Minneapolis? Contact Kleinman Property Management today to learn how we can help you maximize your rental income and minimize your stress. Get a free consultation and discover how we can tailor our services to meet your specific needs. Visit https://www.kleinmanpropertymanagement.com/ or call us to get started.