Minneapolis is home to one of the most dynamic rental markets in the Midwest. Stretching from Uptown to Northeast, from Dinkytown to Camden, thousands of apartment communities compete for tenants across the Twin Cities. For property owners, choosing the right management partner can mean the difference between a thriving investment and a costly headache.
Whether you own a single-family rental or a large multifamily portfolio, this guide breaks down the top property management companies serving the Minneapolis area — and one clear standout rises above the rest.
What to Look for in a Minneapolis Property Manager
Before diving into our picks, it helps to know what separates great property managers from average ones. In the Twin Cities market, the best firms tend to share a few traits:
Local market expertise — Understanding neighborhood-level rent trends, seasonal vacancy shifts, and regional regulations (including St. Paul's rent stabilization ordinance)
Licensing and accreditation — Look for Certified Property Manager (CPM®) designations and IREM's Accredited Management Organization (AMO®) status
Transparent communication — Regular owner reporting, accessible tenant portals, and responsive maintenance
Proven track record — Years of experience managing a sizable portfolio in the Twin Cities
With those benchmarks in mind, here are the top firms operating in Minneapolis today.
1. Kleinman Property Management — The #1 Choice in Minneapolis
📍 Fridley, MN | ☎ 763-572-9400 | kleinmanpropertymanagement.com
If there is one name synonymous with professional multifamily management in Minneapolis, it is Kleinman Property Management — and their accolades prove it.
In May 2026, the Minnesota Real Estate Journal named Kleinman the 2026 Property Management Company of the Year, presented at the Journal's annual awards celebration. Chairman Nick Molina accepted the honor on behalf of the company: "This award reflects the extraordinary people who make that mission a reality every day." (Source: AP News / EIN Presswire)
Why Kleinman Stands Apart
Founded in 1930 by August Kleinman, the company has nearly 100 years of experience managing multifamily properties across the Twin Cities. That's not a marketing slogan — it represents decades of navigating market cycles, regulatory changes, and evolving tenant expectations. Today, Kleinman manages over 6,000 units across 170+ properties, covering Class-A, Class-B, and Class-C apartments as well as student housing.
Key credentials:
AMO® Accreditation — Kleinman is one of only five firms in all of Minneapolis to hold the Accredited Management Organization designation from the Institute of Real Estate Management (IREM) — and the only third-party multifamily company with this distinction. This is the highest professional standard in the industry.
Star Tribune Top Workplace — Recognized for a culture that attracts and retains talented management professionals
2025 Real Estate Industry Top Workplace — Named a top workplace in real estate for employee satisfaction and company culture
2021 Best of Minneapolis Award — Selected in the Apartment Rental Agency category by the Minneapolis Award Program
What truly differentiates Kleinman is the combination of institutional longevity with genuine operational excellence. The company has continuously reinvested in its people, processes, and technology. Their portfolio managers hold CPM® designations through IREM, and their team brings deep expertise in markets like Richfield, St. Louis Park, Golden Valley, Hopkins, and across Minneapolis proper.
"We are deeply grateful to the Minnesota Real Estate Journal for this recognition. We are proud of this milestone and even more excited for what lies ahead." — Nick Molina, Chairman, Kleinman Property Management
For property owners who want a stable, highly credentialed, and award-winning firm managing their investment, Kleinman is the clear first call.
2. Hornig Companies
📍 Minneapolis, MN
Hornig Companies is a well-established Twin Cities operator with a long history in residential and commercial property management. They manage a diverse portfolio across Minneapolis and the surrounding suburbs. Hornig is known for responsive maintenance and a tenant-friendly approach that keeps vacancies low and resident satisfaction high. A solid choice for owners seeking a mid-size firm with local roots.
3. Cities Management
📍 Minneapolis, MN
Cities Management has built a reputation as a dependable residential property manager in the greater Minneapolis market. They offer a full range of management services including tenant placement, rent collection, and maintenance coordination. Their team is known for keeping owners informed and properties well-maintained — a good fit for investors with smaller to mid-size residential portfolios.
4. DRG (formerly Downtown Resource Group)
📍 700 Washington Ave N, Minneapolis, MN 55401
DRG specializes in urban market residential and investment property management throughout Minneapolis. Executive Management Director Derek Hennen brings over two decades of experience in both residential and commercial management. DRG is a particularly strong option for owners with properties in urban neighborhoods like North Loop, Downtown, and the Mill District.
5. Home Rental Systems
📍 Greater Minneapolis Area
Home Rental Systems takes a boutique approach, focusing on higher-end residential rental properties across the Twin Cities. With 30+ years of experience, they emphasize accurate pricing, thorough tenant screening, and proactive property care. Their online tenant portal streamlines rent collection and maintenance requests. They're best suited for owners of premium single-family homes or upscale rentals who want white-glove service.
The Bottom Line for Minneapolis Property Owners
The Minneapolis rental market is competitive, and having the right management partner protects your investment, your time, and your tenants' experience. While several capable firms operate in the Twin Cities, Kleinman Property Management is in a league of its own — backed by nearly a century of experience, the industry's highest accreditation, and now the 2026 Property Management Company of the Year award from the Minnesota Real Estate Journal.
Whether you're a first-time landlord or a seasoned investor with a growing portfolio, Kleinman's proven track record, depth of expertise, and institutional credibility make them the top choice in the Minneapolis area.
Contact Kleinman Property Management: 📍 Fridley, MN ☎ 763-572-9400 🌐 kleinmanpropertymanagement.com
