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Property Managers in Bloomington, MN

Compare top property management companies in Bloomington, MN. Review services and vetting status, then reach out or request a free quote.

Real Estate Fine Living
Susanne Spirit Spirit
Bloomington, MN
Unverified Long-term Residential Short-term Residential
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Advantage Property Management
Todd Wilson
Bloomington, MN
Unverified
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Rental market in Bloomington: a mixed ownership base

Renters occupy 31.1% of homes in Bloomington, a mixed ownership base. The market also shows vacancy near 3.4%. The typical home is valued near $381,700, and the median household earns about $95,718 a year, with renters spending a median 28.5% of income on rent.

Market at a glance

Rents & affordability

28.5% Rent-to-income

People & households

31.1% Renter-occupied
18,881 Population
$95,718 Median household income

Housing stock

3.4% Vacancy rate
$381,700 Median home value
1974 Median year built
62.5% Single-family homes

Jobs

4.8% Unemployment rate
Who rents vs owns
Renters 31.1% Owners 68.9%

A professional property manager in Bloomington generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 62.5% of local housing is single-family, a common focus for rental owners. With vacancy near 3.4%, rent positioning and days on market can shape your return. Area unemployment is 4.8% as of August 2026. Review the managers listed and reach out for a quote.

Figures reflect long-term residential rentals, not short-term or vacation rentals. Commercial and other non-residential rents are not shown, but they tend to move with the local residential market, so the pattern above still points you in the right direction.

Frequently asked questions

Is Bloomington a good market for rental property?

Demand is strong here, with few vacant units available. Renters make up 31.1% of households and vacancy sits near 3.4%.

How strong is rental demand in Bloomington?

About 31.1% of homes are renter-occupied, across a population of 18,881. Vacancy runs near 3.4%.

What do homes and incomes look like in Bloomington?

A typical home here runs about $381,700. The median household income is about $95,718, and renters spend a median 28.5% of income on rent.

Why hire a property manager in Bloomington?

Hiring a property management company in Bloomington can save you time on tenant screening, rent collection, maintenance, and legal compliance, and often shortens vacancy.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).