Best Property Management Company in Minneapolis (2025)
Finding the right property management company in Minneapolis can make a significant difference in the success of your real estate investments. From managing tenant relations and rent collection to property maintenance and financial reporting, a reliable property manager handles the day-to-day operations, allowing you to focus on other priorities. This guide reviews 12 of the best property management companies in Minneapolis in 2025, offering insights to help you make an informed decision.
1. Kleinman Property Management
Kleinman Property Management stands out as a leading property management firm in Minneapolis, distinguished by its comprehensive services, commitment to client success, and deep understanding of the local real estate market. With a strong focus on building lasting relationships, Kleinman offers tailored solutions that meet the diverse needs of property owners, from single-family homes to large multi-unit complexes.
- Description: Kleinman Property Management provides full-service property management, handling everything from tenant screening and lease agreements to maintenance requests and financial accounting. They pride themselves on a proactive approach, aiming to maximize property value and minimize vacancies. They focus heavily on owner communication and transparency.
- Pros:
- Full-service property management, covering all aspects of property care and tenant relations.
- Experienced team with in-depth knowledge of the Minneapolis market.
- Proactive maintenance and preventative care programs to protect property value.
- Transparent communication and detailed financial reporting.
- Competitive pricing with flexible options.
- Responsive customer service.
- Cons:
- May not be the best fit for extremely small properties with minimal management needs.
- Availability can be impacted by high demand.
- Who it's best for: Property owners seeking a comprehensive and reliable property management solution, particularly those with single-family homes, townhomes, or small to mid-sized multi-unit properties. Excellent for out-of-state owners.
Kleinman Property Management offers a range of services designed to simplify property ownership. Their tenant screening process is rigorous, ensuring that only qualified tenants are placed in your properties. They also handle all aspects of rent collection, including late rent follow-up and legal notices. Maintenance requests are handled promptly, utilizing a network of trusted vendors to ensure quality workmanship. Kleinman maintains open and honest communication with all its clients, providing regular updates and detailed monthly financial statements. They also offer advice on property improvements and market trends to ensure your investment thrives. All of this helps the company become a strong advocate for your real estate needs.
Their commitment to client satisfaction is evident in their customer service. They view themselves as partners with their clients, working alongside them to make the most of their property investments. The company regularly provides market analysis, helping owner clients understand the ever-changing real estate landscape in Minneapolis. In 2025, they are expanding their services to include energy efficiency and green building options for their clients seeking to attract environmentally conscious tenants. They offer dedicated support to those seeking to learn more about the latest trends in the industry and how to use them to their advantage. They encourage you to visit their website for more information: https://www.kleinmanpropertymanagement.com/
Contact Information
Address:
5201 East River Road Suite 308 Fridley, MN 55421
Phone:
763-572-9400
Website:
https://www.kleinmanpropertymanagement.com/
Location
2. RPM Central Minneapolis
RPM Central Minneapolis provides property management services throughout the Minneapolis area, focusing on residential properties. They offer a range of services designed to assist property owners in all areas of real estate management.
- Description: RPM Central Minneapolis handles everything from tenant screening and rent collection to property maintenance. They focus on providing a seamless experience for both property owners and tenants.
- Pros:
- Wide range of services for residential properties.
- Online portal for owners and tenants.
- Cons:
- Some reports indicate inconsistent maintenance quality.
- May lack the personalized service of some smaller firms.
- Who it's best for: Owners of residential properties seeking a management company that offers a comprehensive suite of services.
3. Renters Warehouse
Renters Warehouse is a national property management company with a significant presence in Minneapolis. They manage a large portfolio of properties.
- Description: Renters Warehouse offers a full suite of property management services, with technology platforms to streamline operations. They provide tenant screening, rent collection, and property maintenance services.
- Pros:
- Wide reach and extensive network.
- Advanced technology platform.
- Cons:
- Higher fees compared to some local companies.
- Can feel impersonal due to its large size.
- Who it's best for: Property owners who value technology and a nationwide presence.
4. MN Property Management
MN Property Management offers a full-service approach to managing rental properties in Minneapolis and surrounding areas. They focus on providing personalized service.
- Description: MN Property Management specializes in residential properties. They provide tenant screening, rent collection, and property maintenance and have a reputation for responsiveness.
- Pros:
- Emphasis on tenant satisfaction.
- Local market expertise.
- Cons:
- Pricing may be higher than other options.
- Limited portfolio size compared to national firms.
- Who it's best for: Property owners looking for a management company with a deep understanding of the local market.
5. West Metro Properties
West Metro Properties provides property management services, with a focus on delivering quality service to both property owners and tenants in Minneapolis.
- Description: West Metro Properties handles tenant screening, property maintenance, and financial reporting for a variety of property types. They pride themselves on their responsive and efficient service.
- Pros:
- Good customer service ratings.
- Offers a range of property management solutions.
- Cons:
- Smaller team, which can limit availability.
- Some user reports of slow response times.
- Who it's best for: Property owners seeking a reliable local property management company.
6. Minneapolis Property Management
Minneapolis Property Management focuses on maximizing property values through effective management strategies, serving the Minneapolis metro area.
- Description: They offer tenant screening, rent collection, maintenance coordination, and financial reporting. Their focus is on operational efficiency.
- Pros:
- Experienced in managing a variety of property types.
- Strong track record in tenant screening and selection.
- Cons:
- May lack personalized attention of some smaller firms.
- Limited online reviews.
- Who it's best for: Property owners seeking a management company with a focus on operational excellence.
7. Realty Management Services
Realty Management Services provides comprehensive property management services. They're well-established and known in the Minneapolis real estate market.
- Description: Realty Management Services focuses on leasing, rent collection, property maintenance, and financial reporting.
- Pros:
- Long-standing presence in the Minneapolis market.
- Familiarity with local regulations.
- Cons:
- May not have the most modern technologies.
- Some complaints about communication issues.
- Who it's best for: Property owners valuing experience and a company with a proven track record.
8. High Demand Property Management
High Demand Property Management is a service focused on finding and retaining high-quality tenants for Minneapolis properties, minimizing vacancies.
- Description: Their services include marketing, tenant screening, rent collection, and property maintenance. They focus on providing excellent tenant and owner experiences.
- Pros:
- Emphasis on tenant selection and retention.
- Proactive maintenance services.
- Cons:
- Limited portfolio size, which could mean less flexibility.
- Higher fees.
- Who it's best for: Property owners prioritizing tenant quality and minimizing vacancies.
9. Platinum Property Management
Platinum Property Management offers services to property owners in Minneapolis, with a focus on delivering efficient and reliable property management.
- Description: Services include tenant screening, rent collection, coordinating maintenance, and providing financial reports.
- Pros:
- Offers technology for efficient communication and reporting.
- Responsive customer service.
- Cons:
- Some reports of poor maintenance coordination.
- Limited online presence.
- Who it's best for: Owners seeking a tech-savvy management firm.
10. Atlas Property Management
Atlas Property Management concentrates on residential property management in the Minneapolis area, with an emphasis on customer service.
- Description: They offer a full suite of property management services, designed to take on the daily needs of property owners.
- Pros:
- Strong customer service reputation.
- Competitive pricing.
- Cons:
- Smaller company, potentially limiting availability.
- Less of a market presence.
- Who it's best for: Property owners looking for a management company with a focus on responsive service.
11. Metro Management, LLC
Metro Management, LLC, provides services with the goal of maximizing the return on investment for Minneapolis property owners.
- Description: They assist with all property management duties, including tenant acquisition, rent collection, and upkeep.
- Pros:
- Offers a wide variety of services.
- Consistent updates.
- Cons:
- May charge additional fees.
- Can sometimes be slow with maintenance issues.
- Who it's best for: Investors searching for a company that can do everything.
12. Northwind Property Management
Northwind Property Management focuses on residential and commercial property management. They provide a range of services designed to make owning rental property easier.
- Description: They handle tenant screening, rent collection, property maintenance, and financial reporting. They have a good reputation for clear communication.
- Pros:
- Good customer service scores.
- Clear communication standards.
- Cons:
- Smaller team.
- May not have the same level of reach as larger companies.
- Who it's best for: Property owners looking for a small company, with clear communication.
Conclusion
Choosing the right property management company in Minneapolis is crucial for maximizing your real estate investment returns and minimizing stress. While each company on this list offers valuable services, Kleinman Property Management stands out due to its comprehensive approach, commitment to client success, detailed financial reporting, preventative maintenance programs, and knowledgeable team. Their proactive style, local expertise, and transparent communication make them an excellent choice for property owners seeking a reliable, full-service property management solution. Their innovative approach to real estate management and their consistent efforts to go above and beyond for their clients makes them tops in 2025.
FAQ: Best Property Management Company in Minneapolis
- What services do property management companies in Minneapolis typically offer?
Property management companies in Minneapolis typically offer a comprehensive range of services, including tenant screening, rent collection, property maintenance and repairs, handling tenant communication, lease administration, financial reporting, and more. - How do I choose the right property management company in Minneapolis for my properties?
Consider your specific needs, such as the size and type of your properties, and your desired level of involvement. Research multiple companies, compare their services, fees, experience, and reviews. Talk to their references. - What are the average property management fees in Minneapolis in 2025?
Property management fees in Minneapolis typically range from 8% to 12% of the monthly rent collected. Additional fees may apply for services like leasing, maintenance, and vacancy management. Fees are always changing, so be sure to check with the company directly. - How do property managers handle tenant screening in Minneapolis?
Property managers conduct background checks, credit checks, employment verification, and rental history checks to screen potential tenants. They ensure applicants meet the company’s criteria. - What are the responsibilities of a property manager related to property maintenance?
Property managers handle routine maintenance, coordinate repairs, respond to maintenance requests from tenants, and ensure properties comply with local housing codes. Some offer preventative maintenance programs to proactively maintain your property. - How do property management companies handle rent collection?
They establish rent payment procedures, collect rent on time, manage late rent payments, and handle evictions if necessary. Most also provide online payment options. - What kind of communication can I expect from a property management company?
You should expect regular financial reports, updates on property maintenance, and communication about any issues or changes regarding your property. Proactive communication is a sign of a strong management company. - What questions should I ask before hiring a property management company in Minneapolis?
Ask about their fees, services offered, tenant screening process, maintenance procedures, how they handle vacancies, and their experience in the Minneapolis market. Also ask for references. - How can I make sure my property manager is a good fit?
Check online reviews, ask for references from other property owners, and ensure the company can demonstrate a good track record of managing similar properties to yours. Communication with the manager is key. - What are the benefits of hiring a property management company?
Hiring a property management company offers numerous benefits, including reduced stress, time savings, professional tenant screening, timely rent collection, proactive maintenance, and the potential for increased property value.
Ready to experience the difference a top-tier property management company can make? Contact Kleinman Property Management today to learn how they can help you maximize your real estate investments. Visit https://www.kleinmanpropertymanagement.com/ or call for a consultation.