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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 same data 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 good property management company in Bloomington can take a load off your plate: 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. See the managers above and ask for a free 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?

Roughly 31.1% of the housing is renter-occupied, across a population of 18,881. Vacancy runs near 3.4%.

What do homes and incomes look like in Bloomington?

The middle of the market is 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?

A professional manager in Bloomington can take the day-to-day off your plate, from tenant screening and rent collection to maintenance and local compliance.

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).