Full service rental property management in Minnetonka, MN
Minnetonka requires annual rental registration rather than a license, and the registration is free. Freedom Rental Property Management manages single family homes, townhomes and small multifamily rentals in Minnetonka 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 a Minnetonka 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 Minnetonka requires. We reply by email and text within a few minutes, 8 a.m. to 5 p.m.
Get a free Minnetonka rent estimate
What does property management cost in Minnetonka?
Managing a Minnetonka 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 Minnetonka require a rental license or registration?
Minnetonka requires annual rental registration rather than a license, and the registration is free. That is a lighter requirement than the license programs in Crystal, Richfield or Golden Valley, but it is still mandatory and still annual. It is also the requirement owners forget most often, precisely because there is no fee or invoice arriving each year to remind them it exists. Because Minnetonka registration is free and annual, there is no invoice arriving to prompt it, and no late fee to make the lapse visible. An owner can go two or three years out of compliance without ever being told. That is exactly the kind of quiet obligation a manager is for. Minnetonka bills its own water and sewer, and the city is large enough that service details differ between older and newer parts of town.
Who do you call about a Minnetonka rental license?
Rental questions in Minnetonka go to city licensing on 952-939-8267.
Minnetonka sits in Hennepin County, so property records, tax statements and assessed values for a Minnetonka rental come from Hennepin County rather than the city.
The city publishes its requirements on the City of Minnetonka rental licensing page.
Who pays the city utilities on a Minnetonka rental?
A tenant can pay the Minnetonka city utility bill, but the account stays in the owner name, so an unpaid balance remains the owner responsibility.
Minnetonka utility billing: 952-939-8255. More metro cities are dropping tenant payments on city utility accounts entirely, so what Minnetonka allowed when you bought may not apply now.
What do rentals go for in Minnetonka?
These are the ranges we see on Minnetonka rentals we manage and lease, based on 2026 rents. A three to four bedroom single family home in Minnetonka typically sits between $2,295 and $2,860 a month, with condition, finish level and garage space moving a property within that band more than square footage does.
| Property type | Typical Minnetonka rent |
|---|---|
| 2 bedroom townhome | $2,020 to $2,345 |
| 3 bedroom townhome | $2,365 to $2,655 |
| 3 bedroom single family | $2,295 to $2,620 |
| 4 bedroom single family | $2,540 to $2,860 |
| 5 bedroom single family | $2,745 to $3,150 |
| 2 bedroom apartment | $1,575 to $1,770 |
| 3 bedroom apartment | $1,870 to $2,180 |
Ranges are a starting point, not a quote. A free rental analysis prices your specific Minnetonka property against what has actually leased nearby.
Looking for a place to live? See our current homes for rent in Minnetonka and nearby cities.
How does Minnetonka compare with nearby cities?
City rules vary more across the metro than most owners expect, and a rule that applies in Minnetonka often does not apply a few miles away. Here is Minnetonka against three other cities we work in.
| City | City rental inspection | Tenant can hold the utility account |
|---|---|---|
| Minnetonka | Annual registration only | No, owner name |
| Rockford | No rental license | Yes |
| Richfield | Every year | No, owner name |
| Dayton | Not published | Yes |
For the statewide rules that apply in every city, see our guide to Minnesota landlord rules.
Areas we serve near Minnetonka
Freedom Rental Property Management works across the Twin Cities metro from our office in Maple Grove. Other areas we serve:
- Hanover rental property management
- Bloomington rental property management
- Albertville rental property management
- Ramsey rental property management
- Plymouth rental property management
Full list on the service area page.
Talk to us about your Minnetonka 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 Minnetonka property should rent for, or contact us to go through the Minnetonka requirements together.