Full service rental property management in Edina, MN
Edina licenses rental housing through a licensing specialist at city hall, and does not publish an inspection interval, so the cycle is confirmed per property. Freedom Rental Property Management manages single family homes, townhomes and small multifamily rentals in Edina and handles whatever the city does require.
Pricing and marketing, tenant screening, leasing, rent collection, monthly owner statements, maintenance with after hours on call, and an annual inspection with photos. No markup on vendor invoices.
More on the role in what a property manager does.
Freedom Rental Property Management is an Edina property management company based in nearby Maple Grove. Owners get one local point of contact, fast answers, and a team that runs your home the way we run our own rentals.
Tell us about your property and we’ll send a free rent estimate and walk you through what Edina requires. We reply by email and text within a few minutes, 8 a.m. to 5 p.m.
Get a free Edina rent estimate
What does property management cost in Edina?
Managing a Edina rental is a flat $125 a month, whatever the rent, rather than the 8% to 12% of collected rent most companies charge. Tenant placement is 50% of one month’s rent with a $995 minimum, renewal is $200, the annual inspection is $200, and there is no markup on maintenance.
Full schedule on our pricing page, with the year by year math in how much property managers charge.
What does an Edina rental license involve?
Edina licenses rental housing through a licensing specialist at city hall, and does not publish an inspection interval, so the cycle is confirmed per property. Edina is one of the highest rent submarkets we serve, which has a direct consequence for management cost: a percentage fee scales with Edina rents while a flat fee does not, so the gap between the two models is wider here than almost anywhere else in our service area.
Who do you call about an Edina rental license?
Rental questions in Edina go to city licensing. The direct number published for Edina rental licensing did not reach the right desk when we last checked it, so we go through the main city hall line instead of the listed one.
Edina sits in Hennepin County, so property records, tax statements and assessed values for a Edina rental come from Hennepin County rather than the city.
The city publishes its requirements on the City of Edina rental licensing page.
Who pays the city utilities on an Edina rental?
A tenant can pay the Edina city utility bill, but the account stays in the owner name, so an unpaid balance remains the owner responsibility.
Edina utility billing: 952-826-0373. More metro cities are dropping tenant payments on city utility accounts entirely, so what Edina allowed when you bought may not apply now.
What do rentals go for in Edina?
These are the ranges we see on Edina rentals we manage and lease, based on 2026 rents. A three to four bedroom single family home in Edina typically sits between $2,310 and $2,850 a month, with condition, finish level and garage space moving a property within that band more than square footage does.
| Property type | Typical Edina rent |
|---|---|
| 2 bedroom townhome | $2,035 to $2,345 |
| 3 bedroom townhome | $2,360 to $2,645 |
| 3 bedroom single family | $2,310 to $2,620 |
| 4 bedroom single family | $2,540 to $2,850 |
| 5 bedroom single family | $2,745 to $3,160 |
| 2 bedroom apartment | $1,630 to $1,790 |
| 3 bedroom apartment | $1,920 to $2,220 |
Ranges are a starting point, not a quote. A free rental analysis prices your specific Edina property against what has actually leased nearby.
Looking for a place to live? See our current homes for rent in Edina and nearby cities.
How does Edina compare with nearby cities?
City rules vary more across the metro than most owners expect, and a rule that applies in Edina often does not apply a few miles away. Here is Edina against three other cities we work in.
| City | City rental inspection | Tenant can hold the utility account |
|---|---|---|
| Edina | Not published | No, owner name |
| Wayzata | Every year | Not published |
| Maple Grove | Every 3 years | No, owner name |
| Crystal | Every year | No, owner name |
For the statewide rules that apply in every city, see our guide to Minnesota landlord rules.
Areas we serve near Edina
Freedom Rental Property Management works across the Twin Cities metro from our office in Maple Grove. Other areas we serve:
- Hanover rental property management
- Crystal rental property management
- Big Lake rental property management
- Albertville rental property management
- Zimmerman rental property management
Full list on the service area page.
Talk to us about your Edina rental
Freedom Rental Property Management LLC
13570 Grove Dr Suite 158
Maple Grove, MN 55311
Phone: 763-445-9774
A free rental analysis will tell you what your Edina property should rent for, or contact us to go through the Edina requirements together.