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Co-op Managing Agents in Minnesota

Not required
State manager licensing
common interest community
Local term for the association
$10–$20
Published US fee range, per unit per month

Licensing per the Community Associations Institute 2025 CAM licensing report. The fee range is a published national figure, not a Minnesota measurement.

Minnesota Boards operate under Minn. Stat. Ch. 515B (MCIOA). Minnesota does not license community association managers, which makes independent verification of credentials, insurance, and references the practical substitute. The local term for the association is common interest community, and for the professional running it, community association manager — language worth matching when you write your RFP, because it signals to bidders that the Board knows its own regime.

Markets in Minnesota

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Ordered by association count, then population. Every market page carries local fee benchmarks and the licensing rules that apply.

What management costs

We publish state and market medians only once we have enough verified proposals to stand behind them. Until then, the published national ranges.

FigurePublished rangeSource
Management fee, per unit per month$10 – $20HOAManagement.com; iPropertyManagement
Premium or full-serviceup to $50iPropertyManagement
Onboarding or initiation fee$2,000 – $30,000HOAManagement.com; iPropertyManagement
Median monthly dues, US$135US Census, 2024 ACS
Minnesota benchmarks are not published yet. How we handle fee data

Governing law

Minn. Stat. Ch. 515B (MCIOA)

Manager licensing

No state licensing requirement. BoardMatch verifies entity status, insurance, and individual designations instead.

Start with what you already know.

You know your unit count. You know what your current management does well and what it does not. That is enough to begin.

Free for Boards. No calls until you ask.