Groundwork

Real estate · Metro area · Minnesota

Property management companies in the Minneapolis-St. Paul-Bloomington, MN-WI metro area

The property management companies in the Minneapolis-St. Paul-Bloomington, MN-WI metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 42 out of 100: Lower middle

Ranked #252 of 374 scored metro areas
#4 of 5 scored metro areas based in Minnesota

Listings
445
13 chain locations (3%)
Official establishments
947
+10.9% since 2019
Household spending a year
$23.5B
On rent and homeowner costs · $15,907 a household
Housing spending per listing (U.S. = 100)
95
5% below the U.S.
Listings per 10k households
3.0
In line with the U.S.
Population, 2025
3,790,295
+2.6% since 2020

See the property management companies around any address in the Minneapolis-St. Paul-Bloomington metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Minneapolis-St. Paul-Bloomington metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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

What this means

As of September 2026, map listings count 445 property management companies in the Minneapolis-St. Paul-Bloomington metro area. Of those, 13 are chain locations, or 3%, against 4% across the U.S. Per 10,000 households, that is 3.0, in line with the U.S. rate of 3.0.

At $15,907 per household (5% below the U.S. average), households in the Minneapolis-St. Paul-Bloomington metro area spend about $23.5B a year on rent and homeowner costs. Housing spending per company is 5% 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.

In 2023, official counts showed 947 businesses with payroll in the Minneapolis-St. Paul-Bloomington metro area classed as residential and commercial property managers, up 10.9% from 2019. That is one for every 1,560 households, against one for every 1,638 across the U.S. Since fiscal 2022, 16 SBA-backed loans worth $9.7M have gone to businesses classed as residential and commercial property managers in the Minneapolis-St. Paul-Bloomington metro area.

Population estimates put the population change in the Minneapolis-St. Paul-Bloomington metro area from 2020 to 2025 at +2.6%, slower than the U.S. (+3.1%). The Groundwork market score for property management companies in the Minneapolis-St. Paul-Bloomington metro area is 42 (lower middle), #252 of 374 scored metro areas and #4 of 5 scored metro areas based in Minnesota.

How the Minneapolis-St. Paul-Bloomington metro area compares

The same measures for Minnesota and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Minneapolis-St. Paul-Bloomington, MN-WI metro area compared with Minnesota and the U.S.
MeasureMinneapolis-St. Paul-Bloomington metro areaMinnesotaU.S.
Listings per 10k households3.02.83.0
Housing spending per listing (U.S. = 100)9597100
Households per official establishment1,5601,9611,638
Official establishment growth, 2019–2023+10.9%+11.9%+11.4%
Population growth, 2020–2025+2.6%+2.1%+3.1%
Spending per household on rent and homeowner costs$15,907$15,162$16,661
Median household income$99,833$89,062$80,734
Groundwork market score4246

Official counts and lending

Businesses

Official establishments, 2019 to 2023
947+10.9% over the period
Employees, 2023
10,996
Annual payroll, 2023
$662.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
44513 chain locations
Listings at the U.S. rate for this spending
423The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
16
Amount
$9.7M

SBA-backed loans to businesses classed as residential and commercial property managers in the Minneapolis-St. Paul-Bloomington metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Minneapolis-St. Paul-Bloomington metro area

Population, 2025 estimate
3,790,295+2.6% since 2020
Households
1,477,259
Median age
39.3
Homes lived in by their owners
71%
Vehicles per household
1.8
Land area
7,048 sq. mi.
People per square mile
527
Median household income
$99,833+24.1% vs. 2015–2019, before inflation
Average household income
$131,158
Median home value
$374,000
Jobs located here
1,958,695
Daytime population
3,771,602Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Minneapolis-St. Paul-Bloomington metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

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Property management across Minnesota

Every Minnesota market ranked →

The highest-scoring metro areas in Minnesota for property management companies, numbered among those based in Minnesota (a market based in another state is listed without a number), with the Minneapolis-St. Paul-Bloomington metro area marked.

Top metro areas in Minnesota

Metro areas in 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

Other business types in the Minneapolis-St. Paul-Bloomington metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Minneapolis-St. Paul-Bloomington, MN-WI metro area?

The Minneapolis-St. Paul-Bloomington metro area has 445 property management companies on map listings as of September 2026. 13 of them (3%) are chain locations. The listings count property management companies. Official counts show 947 businesses with payroll classed as residential and commercial property managers in 2023, up 10.9% from 2019.

How much do households in the Minneapolis-St. Paul-Bloomington, MN-WI metro area spend on rent and homeowner costs?

About $23.5B a year, or $15,907 per household. That is 5% below the U.S. average (an index of 95, where 100 is the U.S. average). For the 445 property management companies on map listings, housing spending per company is 5% 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 1,477,259 households in the Minneapolis-St. Paul-Bloomington metro area and national spending patterns by income.

How does the Minneapolis-St. Paul-Bloomington, MN-WI metro area compare with the U.S. for property management companies?

The Minneapolis-St. Paul-Bloomington metro area has 3.0 property management companies per 10,000 households, in line with the U.S. rate of 3.0. The index of housing spending per company is 95, where 100 is the U.S. At the national ratio of property management companies to household spending, the Minneapolis-St. Paul-Bloomington metro area would have about 423, against 445 on map listings. There is one business with payroll in the industry for every 1,560 households, against one for every 1,638 across the U.S. The official count rose 10.9% from 2019 to 2023, against +11.4% for the U.S.

How fast is the Minneapolis-St. Paul-Bloomington, MN-WI metro area growing?

Population estimates put the Minneapolis-St. Paul-Bloomington metro area at 3,790,295 people in 2025, up 2.6% since 2020, slower than the U.S. (+3.1%). It has 1,477,259 households. The median household income in the Minneapolis-St. Paul-Bloomington metro area is $99,833 a year, 24% above the U.S. median of $80,734. That rose 24.1% from the 2015–2019 survey, before inflation.

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. The Minneapolis-St. Paul-Bloomington metro area scores 42 for property management companies (lower middle), #252 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Minneapolis-St. Paul-Bloomington metro area. 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.

How the score works · Top markets for property management companies · All 56 business types in the Minneapolis-St. Paul-Bloomington metro area

Screening a site or an acquisition in the Minneapolis-St. Paul-Bloomington metro area?

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

The button opens the report at the center of the Minneapolis-St. Paul-Bloomington metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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.