Full service rental property management in Monticello, MN
Monticello inspects on a two year cycle driven by your street number: odd addresses are inspected in odd years and even addresses in even years. Freedom Rental Property Management manages single family homes, townhomes and small multifamily rentals in Monticello 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 Monticello 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 Monticello requires. We reply by email and text within a few minutes, 8 a.m. to 5 p.m.
Get a free Monticello rent estimate
What does property management cost in Monticello?
Managing a Monticello 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.
When will Monticello inspect your rental?
Monticello inspects on a two year cycle driven by your street number: odd addresses are inspected in odd years and even addresses in even years. The city confirmed this directly. Reminder notices go out around mid September, the rental application is due by year end, and the inspection is booked once the application is in. Knowing which year your address falls in is most of what it takes to stay ahead of a Monticello renewal.
Who do you call about a Monticello rental license?
Rental questions in Monticello go to the Building Safety Department on 763-295-3060.
Monticello sits in Wright County, so property records, tax statements and assessed values for a Monticello rental come from Wright County rather than the city.
The city publishes its requirements on the City of Monticello rental licensing page.
Who pays the city utilities on a Monticello rental?
A tenant can pay the Monticello city utility bill, but the account stays in the owner name, so an unpaid balance remains the owner responsibility.
The Monticello city bill covers water, sewer, stormwater, garbage and recycling, billed monthly.
Monticello utility billing: 763-271-3228. More metro cities are dropping tenant payments on city utility accounts entirely, so what Monticello allowed when you bought may not apply now.
What do rentals go for in Monticello?
These are the ranges we see on Monticello rentals we manage and lease, based on 2026 rents. A three to four bedroom single family home in Monticello typically sits between $2,105 and $2,635 a month, with condition, finish level and garage space moving a property within that band more than square footage does.
| Property type | Typical Monticello rent |
|---|---|
| 2 bedroom townhome | $1,865 to $2,125 |
| 3 bedroom townhome | $2,145 to $2,435 |
| 3 bedroom single family | $2,105 to $2,415 |
| 4 bedroom single family | $2,375 to $2,635 |
| 5 bedroom single family | $2,545 to $2,930 |
| 2 bedroom apartment | $1,400 to $1,575 |
| 3 bedroom apartment | $1,690 to $2,025 |
Ranges are a starting point, not a quote. A free rental analysis prices your specific Monticello property against what has actually leased nearby.
Looking for a place to live? See our current homes for rent in Monticello and nearby cities.
How does Monticello compare with nearby cities?
City rules vary more across the metro than most owners expect, and a rule that applies in Monticello often does not apply a few miles away. Here is Monticello against three other cities we work in.
| City | City rental inspection | Tenant can hold the utility account |
|---|---|---|
| Monticello | Every 2 years by street number | No, owner name |
| Plymouth | Every 3 years | No, owner name |
| Big Lake | Single family not inspected | Yes |
| Golden Valley | Every 3 years | No, owner name |
For the statewide rules that apply in every city, see our guide to Minnesota landlord rules.
Areas we serve near Monticello
Freedom Rental Property Management works across the Twin Cities metro from our office in Maple Grove. Other areas we serve:
- Anoka rental property management
- Minneapolis rental property management
- Ramsey rental property management
- Edina rental property management
- Orono rental property management
Full list on the service area page.
Talk to us about your Monticello 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 Monticello property should rent for, or contact us to go through the Monticello requirements together.