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 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

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.