What is the average Property Manager salary in Minneapolis?

The average Property Manager salary in Minneapolis, MN is $66,000 in 2026. The 25th percentile is $50,000 and the 75th percentile is $86,000.

How does company size affect Property Manager pay in Minneapolis?

Large enterprises in Minneapolis pay Property Managers 10 to 20% more in base, but startups compensate with equity. The range of $50,000 to $86,000 spans both.

What does total compensation look like for a Property Manager in Minneapolis?

Performance bonuses of 5 to 15% based on occupancy rates, rent collection, and NOI targets are standard. Base salaries in Minneapolis range from $50,000 to $86,000.

What skills drive the highest Property Manager salaries?

Portfolio size measured in units or square footage is the dominant salary factor. In Minneapolis, compensation ranges from $50,000 to $86,000.

Property Manager.

Minneapolis.

$66,000

median salary, 5% above the national average

$50,000 to $86,000. Updated for 2026.

Get your playbook

The numbers.

Everything you need to negotiate with confidence.

If you are evaluating a Property Manager offer in Minneapolis, MN, here is the reality: $50,000 to $86,000, with $66,000 as the midpoint. 5% above the national average. Portfolio size measured in units or square footage is the dominant salary factor. Do not accept the first number.

Salary range

25th Percentile

$50,000

per year

Median

$66,000

per year

75th Percentile

$86,000

per year

Tap to place your salary

$50,000$86,000

How Minneapolis compares

Minneapolis, MN

$66,000

Cost of living: 5% above average

National Average

$63,000

Minneapolis is $3,000 above

What you should know

Here is what the Property Manager market actually looks like in Minneapolis. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. The city's strong corporate base creates consistent demand across finance, healthcare, retail tech, and supply chain roles. Quality of life is high, and employers offer competitive salaries to offset the cold winters. Portfolio size measured in units or square footage is the dominant salary factor. Managers overseeing 200 or more residential units or large commercial properties earn 20 to 35% more than those managing smaller portfolios. Market type matters too, with commercial and Class A multifamily properties paying above the median.

Leasing consultants start at $35,000 to $45,000. Property managers earn $55,000 to $75,000. Senior property managers overseeing multiple sites reach $75,000 to $100,000. Regional managers earn $95,000 to $135,000, with VP of property management roles commanding $130,000 to $175,000. In Minneapolis, cost of living sits near the national average, so the numbers you see are roughly what you keep.

Base salary is not the full picture. Performance bonuses of 5 to 15% based on occupancy rates, rent collection, and NOI targets are standard. Many property managers receive free or discounted housing as an on-site benefit, which can add $12,000 to $30,000 in effective compensation annually. And on the tax side: minnesota's top income tax rate is 9.85%, one of the highest state rates. There is no city income tax in Minneapolis, but the state burden significantly reduces take home pay. When someone quotes you $66,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat. The range for Property Managers in Minneapolis runs from $50,000 to $86,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.

Top industries in Minneapolis

Retail & E-CommerceHealthcareFinancial ServicesFood & AgricultureManufacturing

Negotiating in Minneapolis

Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat.

Common questions.

On-site property managers often receive free or heavily subsidized housing, adding $12,000 to $30,000 in effective annual compensation depending on the market. This benefit is especially valuable in high-cost cities and should be factored into total compensation comparisons.

Yes, commercial property managers typically earn 15 to 25% more than residential counterparts at equivalent experience levels. The premium reflects more complex lease negotiations, higher-value assets, tenant improvement coordination, and CAM reconciliation responsibilities.

In 2026, the average Property Manager salary in Minneapolis, MN is $66,000. The 25th percentile sits at $50,000 and the 75th percentile reaches $86,000. Where you land depends on your experience, the company's size, and the specific skills you bring.

In Minneapolis, large enterprises typically pay Property Managers 10 to 20% more in base salary than small companies, but startups often compensate with equity that can exceed base salary value. Performance bonuses of 5 to 15% based on occupancy rates, rent collection, and NOI targets are standard. The $50,000 to $86,000 range reflects this entire spectrum.

Performance bonuses of 5 to 15% based on occupancy rates, rent collection, and NOI targets are standard. Many property managers receive free or discounted housing as an on-site benefit, which can add $12,000 to $30,000 in effective compensation annually. In Minneapolis's market, the base range of $50,000 to $86,000 is just the starting point for negotiation.

Portfolio size measured in units or square footage is the dominant salary factor. Managers overseeing 200 or more residential units or large commercial properties earn 20 to 35% more than those managing smaller portfolios. Market type matters too, with commercial and Class A multifamily properties paying above the median. In Minneapolis, these factors can push compensation from the 25th percentile of $50,000 to the 75th percentile of $86,000 or beyond.