Construction & Real Estate Minneapolis, MN Pop. 429,954

Property Manager Salary in Minneapolis, Minnesota

The median property manager salary in Minneapolis, MN is $63,704 per year, which is 5.0% above the national median and 8.2% above the Minnesota state average.

City Median
$63,704
vs State Avg
+$4,854
vs National
+$3,034
Cost of Living
105%

Property Manager Pay in Minneapolis: What to Expect (2026)

Minneapolis offers a median property manager salary of $63,704, which is $4,854 above the Minnesota state average of $58,850. Compared to the national median of $60,670, Minneapolis pays above average for this role.

Minneapolis's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for property managers in Minneapolis spans from $35,700 at the 10th percentile to $117,600 at the 90th percentile — a $81,900 spread. Entry-level professionals start around $39,900, while senior property managers with 8+ years of experience can earn up to $110,250. With a population of 429,954, Minneapolis is a mid-sized metro with a growing job market.

Property Manager Salary in Minneapolis by Experience

In Minneapolis, an entry-level property manager earns around $39,900, while experienced professionals earn up to $110,250 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$39,900
+$1,900 vs national
Mid Level (3-7 yrs)
$65,100
+$3,100 vs national
Senior Level (8+ yrs)
$110,250
+$5,250 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $35,700
25th Percentile $46,200
Median (50th) $63,704
75th Percentile $89,250
90th Percentile $117,600

Property Manager Salary in Other Minnesota Cities

Bloomington, MN
$61,883
Pop. 89,987
Saint Paul, MN
$60,670
Pop. 311,527
Rochester, MN
$59,457
Pop. 121,395
Duluth, MN
$54,603
Pop. 90,884

How to Become a Property Manager in Minneapolis

Education

Most property manager positions require a high school diploma. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Minneapolis may vary based on local industry and population growth.

Find Property Manager Jobs in Minneapolis

Browse open property manager positions in Minneapolis, MN:

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Frequently Asked Questions: Property Manager Salary in Minneapolis

How much does a Property Manager make in Minneapolis, MN? ▼
The median property manager salary in Minneapolis, Minnesota is $63,704 per year, which is 5.0% above the national median of $60,670. Salaries range from $35,700 (10th percentile) to $117,600 (90th percentile).
How much does a Property Manager make per hour in Minneapolis? ▼
Based on the median annual salary of $63,704, a property manager in Minneapolis earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Minneapolis compare to the Minnesota state average for property manager pay? ▼
Minneapolis's median property manager salary of $63,704 is 8.2% above the Minnesota state average of $58,850. The local cost of living index is 105% of the national average.
What is the cost of living in Minneapolis, MN? ▼
Minneapolis has a cost of living index of 105% compared to the national average. This means a property manager salary of $63,704 in Minneapolis has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Minneapolis? ▼
Most property manager positions in Minneapolis require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.