Property Management in Minneapolis, MN

Minneapolis is Minnesota's largest city, with about 430,000 residents and more renters than owners, at about 52% of households. Every rental, including single-family homes, needs a city license. Fuze Real Estate manages Minneapolis rentals and handles the city's detailed licensing rules.

Minneapolis rental snapshot

430,324

Population (2025)

52.3%

Renter share

$1,371

Median gross rent

$362,200

Median home value

Source: U.S. Census Bureau QuickFacts (population 2025; housing data 2020-2024 ACS)

What Minneapolis requires from rental owners, and how Fuze handles it

Rental license required

Minneapolis requires a rental license for every rental dwelling, including single-family homes and rental units in owner-occupied duplexes (Title 12, Chapter 244). Fees use a tiered structure based on property condition and management history. The license year runs March 2 to March 1.

License term
Annual, March 2 to March 1
Single-family fee
Check with the city for the current fee
Inspections
Based on the property's tier
  • A rental license is required for every rental dwelling, including single-family homes.

    How Fuze handles it:Fuze handles the rental license application and renewals as part of our compliance service.

  • Fees are tiered by property condition and management history.

    How Fuze handles it:Fuze's maintenance and lease enforcement help keep your property in a lower fee tier.

  • New owners must apply within 60 days of closing or pay a $250 administrative fee.

    How Fuze handles it:Fuze files the application promptly after you buy.

See all 5 city requirements
  • Renewals are due March 1, with a 25% late fee after March 15.

    How Fuze handles it:Fuze renews before the deadline.

  • Buyers of single-family homes and duplexes must complete Truth in Sale of Housing (TISH) repairs.

    How Fuze handles it:Fuze's renovation team can complete required repairs.

Sources: Minneapolis rental license fees, Minneapolis rental license fee information. Last verified October 17, 2026

Why owners in Minneapolis choose Fuze

Minneapolis fees reward well-managed properties with lower tiers. Fuze's maintenance, screening and lease enforcement help keep your rental in a better tier over time.

What Fuze handles for Minneapolis owners

  • Rent collection and delinquency prevention
  • 24/7 maintenance intake and coordination
  • Credit, background and rental history screening
  • Lease enforcement and legal notices
  • Monthly financial statements
  • Renewal recommendations and execution
  • 1099 processing and CRPs

Management from $125 per unit per month. Leasing fee only after a signed lease.

Frequently Asked Questions

Free rental analysis

Talk to a Fuze property manager about your Minneapolis rental

Tell us about your property and a Fuze team member will follow up within one business day.