Construction & Real Estate Minnesota (MN) Rank #20 of 50

Property Manager Salary in Minnesota

The median property manager salary in Minnesota is $58,850 per year, which is 3% below the national median of $60,670.

Median Salary
$58,850
vs National
$-1,820
State Rank
#20 of 50
Cost of Living
97%

Property Manager Salary Overview in Minnesota (2026)

Minnesota ranks #20 out of 50 states for property manager compensation. Minnesota falls in the middle of the pack for property manager pay, offering salaries near the national average. At $58,850 per year, property managers in Minnesota earn $1,820 less than the national median of $60,670.

Minnesota's cost of living is near the national average at 97%, meaning property manager salaries here translate closely to their face value in purchasing power.

The salary spread in Minnesota is significant: property managers at the 10th percentile earn $32,980, while those at the 90th percentile bring home $108,640 — a $75,660 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $63,704.

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for property managers across the country.

Property Manager Salary in Minnesota by Experience

In Minnesota, an entry-level property manager earns around $36,860, while experienced professionals earn up to $101,850 per year. The cost of living index in Minnesota is 97% of the national average.

Entry Level (0-2 yrs)
$36,860
$-1,140 vs national
Mid Level (3-7 yrs)
$60,140
$-1,860 vs national
Senior Level (8+ yrs)
$101,850
$-3,150 vs national

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Salary Percentiles in Minnesota

Percentile MN Salary
10th Percentile $32,980
25th Percentile $42,680
Median (50th) $58,850
75th Percentile $82,450
90th Percentile $108,640

Property Manager Salary by City in Minnesota

The largest employment areas for property managers in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.

How to Become a Property Manager in Minnesota

Education

Most property manager positions require a high school diploma. Minnesota has several accredited institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook in Minnesota

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Minnesota's demand may vary based on local industry trends.

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Frequently Asked Questions: Property Manager Salary in Minnesota

How much does a Property Manager make in Minnesota? ▼
The median property manager salary in Minnesota is $58,850 per year, which is 3% below the national median of $60,670. Salaries range from $32,980 (10th percentile) to $108,640 (90th percentile).
How much does a Property Manager make per hour in Minnesota? ▼
Based on the median annual salary of $58,850, a property manager in Minnesota earns approximately $28 per hour assuming a standard 2,080-hour work year.
Is Minnesota a good state for property managers? ▼
Minnesota ranks #20 out of 50 states for property manager pay. The cost of living index is 97% of the national average. Entry-level property managers earn $36,860, while senior professionals earn $101,850.
How does Minnesota compare to other states for property manager salary? ▼
The highest paying state for property managers is Hawaii at $103,139. Minnesota's median of $58,850 ranks #20 nationally. Nearby-ranked states include Maine ($59,457) and Arizona ($58,850).
What is the entry-level property manager salary in Minnesota? ▼
An entry-level property manager in Minnesota earns approximately $36,860 per year. With 3-7 years of experience, pay increases to around $60,140. Senior-level professionals with 8+ years earn up to $101,850.
What city in Minnesota pays property managers the most? ▼
Minneapolis is the highest paying city in Minnesota for property managers, with a median salary of $63,704. Other cities include Saint Paul and Rochester.