Property Management Companies in Minnetonka, MN

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Typical asking rent $1,822 · +4.1% in a year See the rental market

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3managers listed
3.9★average Google rating
$1,822typical rent · +4.1% in a year
28.4%of homes rented
$475,800median home value

Top picks in Minnetonka

Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.

3 property managers in Minnetonka

Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.

Best match = Google rating adjusted for number of reviews. How it works

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  • Meraki Property Management & Consulting

    ★ User Recommended · 50+ reviews4.9★ from 62 Google reviews; newest reviews average 4.7★. Score = rating adjusted for review count. Read all reviews on Google

    15612 MN-7 Ste 259, Minnetonka, MN 55345

    4.9 (62 Google reviews)Recently reviewed

    Meraki Property Management & Consulting, based in Minnetonka, manages single-family homes, townhouses, condos, duplexes and apartments across the Twin Cities, with leasing, screening, rent collection, maintenance coordination and consulting.

    In their words: “Our team of professional property managers have the skills and experience to effectively and efficiently manage the day to day operations of your rental property.”

    Review summary: Reviewers often mention a responsive team that is easy to work with, explains the process thoroughly and replies quickly.

  • Verde Property Management

    17736 Old Excelsior Blvd, Minnetonka, MN 55345

    3.8 (126 Google reviews)

    Verde Property Management, based in Minnetonka, manages single-family rental homes in the Lake Minnetonka area and the Twin Cities Metro, with maintenance, rent collection and reporting, and also handles real estate sales.

    Review summary: Most reviewers mention timely communication and quick repairs, though a few renters describe unresolved issues.

  • Brummer Realty

    601 Carlson Pkwy #1050, Minnetonka, MN 55305

    3.1 (24 Google reviews)

    Brummer Realty, based in Minnetonka, manages and rents out townhomes and apartments in the west and northwest Twin Cities suburbs, including properties in Ramsey, Plymouth and Maple Grove.

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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Minnetonka area" and get no pin.

Minnetonka rental market

Get the latest rental and real estate data on the Minnetonka market. We update these charts with the latest data on the 22nd of each month.

Rent pulse

Typical asking rent$1,822a month in Minnetonka
1-year change+4.1%county +3.8%
5-year change+18.0%county +16.8%
vs county+$38county typical $1,784

Rents in Minnetonka are $38 above the Hennepin County typical.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

12-month momentum

Rent rose in 8 of the last 12 months: +$71 in all since Oct 2025.

Green: rent went up that month. Grey: it went down.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

Rent over time

$1,500$1,600$1,700$1,800$1,90020222023202420252026
MinnetonkaHennepin County

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

City premium over county

Now
+$38
1 year ago
+$33
5 years ago
+$16

Minnetonka's typical asking rent is $38 (2.1%) above the county. The gap is growing compared with a year ago.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

Hennepin County rent ladder

Minnetonka is number 6 of 14 cities in the county by typical asking rent.

  1. Maple Grove$2,198+4.8%
  2. Edina$2,015+3.2%
  3. Golden Valley$1,940+2.1%
  4. Plymouth$1,907+4.2%
  5. Eden Prairie$1,837+3.6%
  6. Minnetonka$1,822+4.1%
  7. Minneapolis$1,747+3.2%
  8. Bloomington$1,681+4.2%
  9. Robbinsdale$1,673+9.2%
  10. Hopkins$1,617+5.1%
  11. Brooklyn Park$1,558+9.4%
  12. Brooklyn Center$1,395+2.2%
  13. Richfield$1,393+2.6%
  14. New Hope$1,359+2.6%

Cities with at least 13 months of Zillow data. Left out (too few months): Champlin, Crystal, Minnetrista, Mound, Rockford, Rogers, Wayzata. Linked cities have their own page.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, 1-year change. Data through September 2026.

Best months to list

Rents here usually rise most in February, March and June, so those are good months to list your rental.

  1. Jan−0.09%
  2. Feb+1.63%
  3. Mar+1.22%
  4. Apr+0.62%
  5. May+0.41%
  6. Jun+0.69%
  7. Jul+0.33%
  8. Aug+0.09%
  9. Sep−0.45%
  10. Oct+0.27%
  11. Nov−0.83%
  12. Dec−0.17%

Average change from the month before, 7 years of data.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

Rental income growth calculator

In 1 year at 4.05% (last year's local growth)–
In 5 years at 3.37% a year (5-year local average)–

Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

Rent in nearby cities

CityTypical rent1 yearManagers
Minnetonka$1,822+4.1%3
Hopkins$1,617+5.1%3
Wayzata$2,7913
Edina$2,015+3.2%3
Eden Prairie$1,837+3.6%7
Minneapolis$1,747+3.2%32
Bloomington$1,681+4.2%5

Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.

More local facts for owners

Renters and vacancy

28.4%of homes in Minnetonka are rented (6,681 households)
Rental vacancy rate
5.6%
County vacancy rate
5.9%
Median rent paid
$1,779
Median home value
$475,800

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.

HUD Fair Market Rents

Studio$1,265
1 bedroom$1,427
2 bedrooms$1,734
3 bedrooms$2,264
4 bedrooms$2,538

Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.

Questions to ask before you hire

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Property management in Minnetonka

Compare the 3 property management companies in Minnetonka, Hennepin County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step. Highly rated managers based nearby, in Fridley and Minneapolis, are listed below the local companies.

Zillow's typical asking rent in Minnetonka is $1,822 (September 2026); +4.1% over the past year and +18.0% over five years. About 28.4% of homes in Minnetonka are rented, and the rental vacancy rate is 5.6% (Census, 2020-2024).

Minnetonka property management FAQ

How many property management companies are in Minnetonka?

We list 3 property management companies in Minnetonka, MN.

What is the typical rent in Minnetonka?

Zillow's typical asking rent in Minnetonka was $1,822 a month in September 2026, +4.1% on a year earlier.

When is the best time to list a rental in Minnetonka?

Over the 7 years Zillow has tracked, asking rents here have risen most in February, March and June. Listing in those months can help, but every property is different.

How much do property managers charge in Minnetonka?

Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.

How do you rank the companies?

The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.

Is it free to request quotes?

Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.

Property managers near Minnetonka

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