Full service rental property management in Mound, MN
Mound has no rental licensing program. Freedom Rental Property Management manages single family homes, townhomes and small multifamily rentals in Mound 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 Mound 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 Mound requires. We reply by email and text within a few minutes, 8 a.m. to 5 p.m.
Get a free Mound rent estimate
What does property management cost in Mound?
Managing a Mound 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 Mound require a rental license?
Mound has no rental licensing program. A Mound rental needs no city license and receives no routine city inspection. Mound utility billing runs through OPUS21 rather than city hall, and the bill covers water, sanitary sewer, storm water and recycling through Republic Services on the city statement. A tenant can pay, but the account stays in the owner name.
Who do you call about a Mound rental license?
Rental questions in Mound go to city hall on 952-472-0600.
Mound sits in Hennepin County, so property records, tax statements and assessed values for a Mound rental come from Hennepin County rather than the city.
Who pays the city utilities on a Mound rental?
A tenant can pay the Mound city utility bill, but the account stays in the owner name, so an unpaid balance remains the owner responsibility.
The Mound city bill covers water, sanitary sewer, storm water and recycling through Republic Services on the city statement.
Mound utility billing: 651-255-0972. More metro cities are dropping tenant payments on city utility accounts entirely, so what Mound allowed when you bought may not apply now.
What do rentals go for in Mound?
These are the ranges we see on Mound rentals we manage and lease, based on 2026 rents. A three to four bedroom single family home in Mound typically sits between $2,120 and $2,670 a month, with condition, finish level and garage space moving a property within that band more than square footage does.
| Property type | Typical Mound rent |
|---|---|
| 2 bedroom townhome | $1,880 to $2,170 |
| 3 bedroom townhome | $2,180 to $2,430 |
| 3 bedroom single family | $2,120 to $2,430 |
| 4 bedroom single family | $2,370 to $2,670 |
| 5 bedroom single family | $2,520 to $2,965 |
| 2 bedroom apartment | $1,410 to $1,600 |
| 3 bedroom apartment | $1,710 to $2,000 |
Ranges are a starting point, not a quote. A free rental analysis prices your specific Mound property against what has actually leased nearby.
Looking for a place to live? See our current homes for rent in Mound and nearby cities.
How does Mound compare with nearby cities?
City rules vary more across the metro than most owners expect, and a rule that applies in Mound often does not apply a few miles away. Here is Mound against three other cities we work in.
| City | City rental inspection | Tenant can hold the utility account |
|---|---|---|
| Mound | No rental license | No, owner name |
| Big Lake | Single family not inspected | Yes |
| Crystal | Every year | No, owner name |
| New Hope | Every 2 years | No, owner name |
For the statewide rules that apply in every city, see our guide to Minnesota landlord rules.
Areas we serve near Mound
Freedom Rental Property Management works across the Twin Cities metro from our office in Maple Grove. Other areas we serve:
- Chaska rental property management
- Ramsey rental property management
- Monticello rental property management
- Brooklyn Park rental property management
- Shakopee rental property management
Full list on the service area page.
Talk to us about your Mound 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 Mound property should rent for, or contact us to go through the Mound requirements together.