Groundwork

Market rankings · Minnesota

Property management companies in Minnesota

Markets across Minnesota ranked by the Groundwork market score for property management companies, with competitor counts and household spending for each.

Listings
648
25 chain locations (4%)
Official establishments
1,177
+11.9% since 2019
Household spending a year
$35B
On rent and homeowner costs
Listings per 10k households
2.8
7% below the U.S.
Housing spending per listing (U.S. = 100)
97
3% below the U.S.
Rank among states
#30 of 51
Market score 46 · Lower middle

A site report maps the property management companies on map listings around any address in Minnesota by name and distance, and the spending within reach.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 648 property management companies in Minnesota. 25 of them (4%) are chain locations, against 4% across the U.S. That is 2.8 per 10,000 households, 7% below the U.S. rate of 3.0.

Households in Minnesota spend about $35B a year on rent and homeowner costs, or $15,162 per household, 9% below the U.S. average. Housing spending per company is 3% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

Official counts show 1,177 businesses with payroll classed as residential and commercial property managers in Minnesota in 2023, up 11.9% from 2019. That is one for every 1,961 households, against one for every 1,638 across the U.S. Across the U.S., the count rose 11.4% over the same years. Since fiscal 2022, 18 SBA-backed loans worth $10.1M have gone to businesses classed as residential and commercial property managers in Minnesota.

Among the 50 states and DC, Minnesota ranks #30 for property management companies, with a Groundwork market score of 46 (lower middle). Of the 9 scored metro areas in or partly in Minnesota, the Rochester metro area scores highest (63). Of the 10 scored small-town markets in or partly in Minnesota, the Faribault-Northfield area scores highest (73).

Every market in Minnesota for property management companies

Download the ranking (CSV)

Numbered by Groundwork market score among the markets based in Minnesota, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching Minnesota, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Rochester, MN63192.0136+2.0%#74 of 374
2St. Cloud, MN48172.2116+3.0%#204 of 374
3Duluth, MN-WI43322.793+0.2%#243 of 374
4Minneapolis-St. Paul-Bloomington, MN-WI424453.095+2.6%#252 of 374
Sioux Falls, SD-MN39534.361+9.5%#282 of 374
La Crosse-Onalaska, WI-MN37223.182+0.4%#295 of 374
5Mankato, MN30174.260+1.2%#351 of 374
Fargo, ND-MN26706.340+7.7%#364 of 374
Grand Forks, ND-MN16255.743+0.8%#371 of 374

Small-town markets

Small-town markets reaching Minnesota, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Faribault-Northfield, MN7352.1122+4.2%#14 of 180
2Fergus Falls, MN6752.0124+1.6%#31 of 180
3Willmar, MN5352.889+2.3%#82 of 180
4Brainerd, MN45163.866+4.3%#111 of 180
5Alexandria, MN4463.474+2.6%#113 of 180
6Owatonna, MN4364.065+0.2%#116 of 180
7Grand Rapids, MN4184.356+0.9%#124 of 180
8Winona, MN3873.571+1.8%#135 of 180
9Albert Lea, MN3753.963−1.5%#142 of 180
10Bemidji, MN37137.234+1.8%#145 of 180
Red Wing, MNNot scored42.0127+1.3%
Austin, MNNot scored42.597+2.3%
Hutchinson, MNNot scored32.0129−0.3%
Detroit Lakes, MNNot scored21.4179+0.9%
New Ulm, MNNot scored21.8133−1.5%
Marshall, MNNot scored44.063+1.0%
Wahpeton, ND-MNNot scored33.2790.0%
Worthington, MNNot scored22.694+0.6%
Fairmont, MNNot scored11.1206−2.8%

Counties

Counties in Minnesota, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Sherburne County, MN8151.4203+6.8%#25 of 910
2Carver County, MN7861.5217+6.6%#45 of 910
3Wright County, MN76112.0141+11.1%#70 of 910
4Anoka County, MN7480.6486+4.7%#89 of 910
5Washington County, MN68262.5124+6.9%#162 of 910
6Scott County, MN67122.2143+5.1%#175 of 910
7Rice County, MN6552.1122+4.2%#206 of 910
8Dakota County, MN63331.9154+3.9%#233 of 910
9Otter Tail County, MN5852.0124+1.6%#313 of 910
10Olmsted County, MN51162.4119+2.3%#418 of 910
11Kandiyohi County, MN4652.889+2.3%#519 of 910
12Stearns County, MN44162.697+3.6%#550 of 910
13Crow Wing County, MN43144.852+4.3%#586 of 910
14Steele County, MN3964.065+0.2%#640 of 910
15St. Louis County, MN38273.179+0.2%#654 of 910
16Douglas County, MN3663.474+2.6%#683 of 910
17Itasca County, MN3584.356+0.9%#707 of 910
18Beltrami County, MN34137.234+1.8%#730 of 910
19Freeborn County, MN3353.963−1.5%#746 of 910
20Winona County, MN2673.571+1.8%#828 of 910
21Hennepin County, MN262454.563+0.2%#829 of 910
22Ramsey County, MN24813.773−1.8%#848 of 910
23Blue Earth County, MN23145.149+2.1%#859 of 910
24Pennington County, MN769.726−1.8%#910 of 910
Clay County, MNNot scored41.5168+3.6%
Show all 87 counties
Counties in Minnesota, ranked for property management companies by Groundwork market score, continued
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Chisago County, MNNot scored41.9149+4.3%
Goodhue County, MNNot scored42.0127+1.3%
Isanti County, MNNot scored10.6424+7.3%
Benton County, MNNot scored10.6416+0.9%
Mower County, MNNot scored42.597+2.3%
McLeod County, MNNot scored32.0129−0.3%
Carlton County, MNNot scored00.0n/a+1.4%
Becker County, MNNot scored21.4179+0.9%
Nicollet County, MNNot scored32.3114−0.7%
Morrison County, MNNot scored00.0n/a+1.9%
Cass County, MNNot scored21.6157+4.2%
Polk County, MNNot scored21.6152−1.8%
Pine County, MNNot scored10.8297+5.5%
Le Sueur County, MNNot scored10.9314+2.9%
Mille Lacs County, MNNot scored10.9261+4.8%
Brown County, MNNot scored21.8133−1.5%
Todd County, MNNot scored22.0122+3.0%
Lyon County, MNNot scored44.063+1.0%
Meeker County, MNNot scored22.1116+0.7%
Nobles County, MNNot scored22.694+0.6%
Hubbard County, MNNot scored11.1219+4.6%
Wabasha County, MNNot scored22.2119+0.7%
Fillmore County, MNNot scored00.0n/a+1.4%
Dodge County, MNNot scored11.2220+2.3%
Martin County, MNNot scored11.1206−2.8%
Waseca County, MNNot scored00.0n/a−1.5%
Houston County, MNNot scored33.770−2.3%
Kanabec County, MNNot scored00.0n/a+3.6%
Aitkin County, MNNot scored11.4165+3.5%
Redwood County, MNNot scored11.6148−1.0%
Roseau County, MNNot scored23.277−0.3%
Sibley County, MNNot scored11.7152+3.6%
Renville County, MNNot scored00.0n/a−2.3%
Wadena County, MNNot scored00.0n/a+1.9%
Faribault County, MNNot scored11.6146−0.1%
Chippewa County, MNNot scored12.0123−1.6%
Koochiching County, MNNot scored00.0n/a−3.7%
Cottonwood County, MNNot scored00.0n/a−1.0%
Pope County, MNNot scored00.0n/a+0.8%
Watonwan County, MNNot scored00.0n/a+2.0%
Lake County, MNNot scored00.0n/a−1.6%
Jackson County, MNNot scored00.0n/a−1.3%
Swift County, MNNot scored00.0n/a−0.4%
Stevens County, MNNot scored12.698+0.8%
Rock County, MNNot scored12.5100−1.7%
Yellow Medicine County, MNNot scored00.0n/a−0.2%
Pipestone County, MNNot scored00.0n/a−1.7%
Marshall County, MNNot scored00.0n/a−2.5%
Clearwater County, MNNot scored00.0n/a+1.0%
Murray County, MNNot scored00.0n/a−2.9%
Lac qui Parle County, MNNot scored13.473+0.2%
Wilkin County, MNNot scored00.0n/a−2.9%
Norman County, MNNot scored27.433−1.6%
Grant County, MNNot scored00.0n/a−0.1%
Cook County, MNNot scored13.769−1.4%
Lincoln County, MNNot scored00.0n/a−0.7%
Mahnomen County, MNNot scored15.343−4.1%
Big Stone County, MNNot scored00.0n/a−2.0%
Kittson County, MNNot scored00.0n/a−3.7%
Red Lake County, MNNot scored00.0n/a+0.1%
Lake of the Woods County, MNNot scored15.5470.0%
Traverse County, MNNot scored00.0n/a−6.8%

Markets with fewer than 5 property management companies on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many property management companies are in Minnesota?

There are 648 property management companies on map listings in Minnesota as of September 2026. 25 of them (4%) are chain locations. The listings count property management companies. Official counts show 1,177 businesses with payroll classed as residential and commercial property managers in 2023, up 11.9% from 2019.

How much do households in Minnesota spend on rent and homeowner costs?

About $35B a year, or $15,162 per household. That is 9% below the U.S. average (an index of 91, where 100 is the U.S. average). For the 648 property management companies on map listings, housing spending per company is 3% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 2,307,955 households in Minnesota and national spending patterns by income.

How does Minnesota compare with the U.S. for property management companies?

Minnesota has 2.8 property management companies per 10,000 households, 7% below the U.S. rate of 3.0. The index of housing spending per company is 97, where 100 is the U.S. At the national ratio of property management companies to household spending, Minnesota would have about 630, against 648 on map listings. There is one business with payroll in the industry for every 1,961 households, against one for every 1,638 across the U.S. The official count rose 11.9% from 2019 to 2023, against +11.4% for the U.S.

Which market in Minnesota has the highest market score for property management companies?

Among 9 scored metro areas in or partly in Minnesota, the Rochester metro area scores highest, at 63 (upper middle). Among 10 scored small-town markets in or partly in Minnesota, the Faribault-Northfield area scores highest, at 73 (upper middle). Among 24 scored counties in Minnesota, Sherburne County scores highest, at 81 (high). Scores compare each market with others of its kind across the U.S.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Minnesota scores 46 for property management companies (lower middle), #30 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Minnesota. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

Property management in other states

All 51 states

Top markets for property management companies across the U.S. · All business types in Minnesota

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A site report maps the competitors on map listings near an address and sizes the households and spending around it.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.