Rental License Fees
Annual License Fee
Minneapolis uses a tiered rental license billing structure. The annual license fee for a rental dwelling license or provisional license is $70.00 for the first rental dwelling unit at a Tier 1 rental property, and increases based on the number of units in the structure or the higher tier of the property.
A property's tier is based on its rental history, and focuses primarily on the condition and maintenance of the property itself. You can read more about the criteria in detail here.
New owners must apply for the license no later than 60 days after the closing date or an administrative fee will be charged. This administrative fee starts at $250.00 and increases by $20.00 for each additional unit.
Change of Ownership Fee
When a rental property changes ownership, it must be inspected for compliance with the Housing Maintenance Code. The fee for this inspection is $450.00. You can find more information about the change of ownership fee here.
When a dwelling is converted to rental property or has not had a license for the past 12 months, it must be inspected for compliance with the Housing Maintenance Code. The fee for this inspection is $1000.00. You can find more information about the conversion fee here.
Prorated Rental Licenses
The annual license fee is prorated by 50% for applications submitted between April 1 and June 31. A rental license must be obtained prior to renting or offering to rent the property.
All rental licenses expire on August 31. A rental license renewal received after September 15 is subject to a penalty charge of 25% of the license fee.
Last updated May 30, 2018