Property Management Software for Landlords in Minneapolis

Owning rental property in Minneapolis means more than collecting rent. Tracking income and expenses across units, staying ahead of lease renewals, and knowing your true return takes real time. Mozongi REMA is free property management software built for Minneapolis landlords who want every number in one place.

Minneapolis rental market at a glance

Per the most recent municipal and federal data for the Minneapolis metro area:

• Population: approximately 429k residents
• Median 1-bedroom rent: $1,500 / month
• Vacancy rate: 5.2%

How Minneapolis compares to Minnesota

Across the 3 Minnesota markets we track, the average one-bedroom rent is about $1,400/month and the average vacancy rate is 5.1%. Minneapolis's $1,500 median is 7% above the Minnesota average of $1,400/month, and its 5.2% vacancy is close to the Minnesota norm of 5.1%.

• Gross annual rent (one unit, before vacancy): $18,000
• Vacancy-adjusted annual rent: $17,064
• Minneapolis rent vs Minnesota average: 7% above
• Estimated market size: ~429k residents

With higher vacancy, Minneapolis tenants have options — so screening carefully and pricing competitively matters. Know your true cost and cap rate per unit before you set rent.

If your Minneapolis unit is rented below median and your DSCR is under 1.20, you have room to optimize. Mozongi REMA calculates DSCR, ROI, and cap rate automatically for every property.

Property management software made for Minneapolis landlords

Whether you own a single rental in Minneapolis or a growing portfolio across Minnesota, Mozongi REMA tracks every property, lease, and tenant and does the math for you.

• A portfolio dashboard showing every Minneapolis property at a glance
• Automatic NOI, cap rate, cash-on-cash return, and DSCR
• Lease and tenant records with document storage
• Rent-collection tracking so you always know who has paid
• Mobile-friendly access from any property visit

Built for Minnesota landlords

Renting out property in Minneapolis comes with its own rules, and Mozongi REMA helps you stay organized around them:

• Minnesota's landlord-tenant statutes and the Minnesota housing or small claims court govern tenancies in Minneapolis — keep lease terms, dates, and renewals organized in one place.
• Rent increases — track current rents against the applicable annual guideline so every adjustment is documented and on time.
• Tenant records and documents — store leases, condition reports, and correspondence per unit.
• Every amount is tracked in USD.

Know whether your Minneapolis rental actually pays

Minneapolis purchase prices and rents both vary widely, so a property that looks fine on paper can quietly underperform. Mozongi REMA calculates net operating income, cap rate, and cash-on-cash return automatically — so you can see whether a Minneapolis unit is earning, breaking even, or costing you money, and decide what to do next with real numbers.

Start free in Minneapolis

The free Starter plan covers up to 2 Minneapolis properties with full financial analytics — no credit card required. As your portfolio grows, paid plans add more properties, automatic rent collection, and portfolio sharing with your accountant.