Property Managers in the Minneapolis Region, MN
Browse vetted property managers in the Minneapolis Region, MN. Review services and vetting status, then reach out or request a free quote.
Rental market in the Minneapolis region: rising rents
In the Minneapolis region, Census median gross rent rose about 31.0% over the last five years, rents on a clear upward path. The same data shows three-bedroom rents about 5% above the U.S. average, renters in 37.3% of homes, and a population of 1,269,496, up 1.9% over five years. The typical home is valued near $392,900, and the median household earns about $97,653 a year, with renters spending a median 29.0% of income on rent.
Market at a glance
Rents & affordability
People & households
Housing stock
Jobs
A professional property manager in the Minneapolis region generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 60.0% of local housing is single-family, a common focus for rental owners. With vacancy near 5.6%, 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.
Nearby communities in the Minneapolis region: Afton, Albertville, America, Andover, Annandale, Anoka, Apple Valley, Arden Hills.
These numbers cover long-term residential rentals only, not vacation rentals. Non-residential rents are not shown, yet they tend to shift with residential rents, so the local pattern remains informative.
Frequently asked questions
Are rents rising in the Minneapolis region?
Over the last five years, Census median gross rent rose roughly 31.0%.
How do rents in the Minneapolis region compare to the national average?
Measured against the U.S. average: two-bedroom +2%, three-bedroom +5%, four-bedroom +3%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.
Is the Minneapolis region a good market for rental property?
This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 37.3% of households and vacancy sits near 5.6%. Three-bedroom rents run about 5% above the national average, and rents rose about 31.0% over five years.
How strong is rental demand in the Minneapolis region?
About 37.3% of homes are renter-occupied, and the population of 1,269,496 grew 1.9% over five years. Vacancy runs near 5.6%.
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, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).

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