Full service rental property management in Excelsior, MN
Excelsior licenses short term rentals only. Freedom Rental Property Management manages single family homes, townhomes and small multifamily rentals in Excelsior 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 Excelsior 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 Excelsior requires. We reply by email and text within a few minutes, 8 a.m. to 5 p.m.
Get a free Excelsior rent estimate
What does property management cost in Excelsior?
Managing a Excelsior 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.
Does Excelsior require a rental license?
Excelsior licenses short term rentals only. There is no long term rental license in Excelsior, so a property on a standard twelve month lease needs no city rental license and gets no routine city inspection. The offsetting detail is utilities: Excelsior does not let a tenant open an account at all, so the owner pays. The city bills water, sanitary sewer, surface water quality and street lights quarterly, and trash is private. Excelsior is small, built out and almost entirely older housing stock, which shapes what actually goes wrong in a rental here: the recurring items are the ones that come with age rather than the ones a city inspector would flag. No city inspection means nobody outside the owner is looking, so the inspection standard on an Excelsior rental is whatever the manager chooses to hold.
Who do you call about an Excelsior rental license?
Rental questions in Excelsior go to the city clerk on 952-653-3675.
Excelsior sits in Hennepin County, so property records, tax statements and assessed values for a Excelsior rental come from Hennepin County rather than the city.
The city publishes its requirements on the City of Excelsior rental licensing page.
Who pays the city utilities on an Excelsior rental?
Excelsior does not allow a tenant to hold the city utility account. The owner pays and the account stays in the owner name, so the cost is either built into the rent or rebilled to the resident each cycle.
The Excelsior city bill covers water, sanitary sewer, surface water quality and street lights, billed quarterly, with trash private.
Excelsior utility billing: 952-474-5233. More metro cities are dropping tenant payments on city utility accounts entirely, so what Excelsior allowed when you bought may not apply now.
What do rentals go for in Excelsior?
These are the ranges we see on Excelsior rentals we manage and lease, based on 2026 rents. A three to four bedroom single family home in Excelsior typically sits between $2,285 and $2,870 a month, with condition, finish level and garage space moving a property within that band more than square footage does.
| Property type | Typical Excelsior rent |
|---|---|
| 2 bedroom townhome | $2,040 to $2,360 |
| 3 bedroom townhome | $2,320 to $2,660 |
| 3 bedroom single family | $2,285 to $2,585 |
| 4 bedroom single family | $2,535 to $2,870 |
| 5 bedroom single family | $2,760 to $3,140 |
| 2 bedroom apartment | $1,570 to $1,780 |
| 3 bedroom apartment | $1,875 to $2,230 |
Ranges are a starting point, not a quote. A free rental analysis prices your specific Excelsior property against what has actually leased nearby.
Looking for a place to live? See our current homes for rent in Excelsior and nearby cities.
How does Excelsior compare with nearby cities?
City rules vary more across the metro than most owners expect, and a rule that applies in Excelsior often does not apply a few miles away. Here is Excelsior against three other cities we work in.
| City | City rental inspection | Tenant can hold the utility account |
|---|---|---|
| Excelsior | No long term license | No, owner pays |
| Ramsey | Every 3 years | Yes |
| Zimmerman | No published program | Yes |
| Orono | License every 2 years | Not published |
For the statewide rules that apply in every city, see our guide to Minnesota landlord rules.
Areas we serve near Excelsior
Freedom Rental Property Management works across the Twin Cities metro from our office in Maple Grove. Other areas we serve:
- Hanover rental property management
- Golden Valley rental property management
- Mound rental property management
- Eden Prairie rental property management
- Anoka rental property management
Full list on the service area page.
Talk to us about your Excelsior 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 Excelsior property should rent for, or contact us to go through the Excelsior requirements together.