We are currently gathering data for the 2021 survey.

The goal of the Operating Expense Survey is to gather the most statistically accurate data on as many Minnesota multi-family properties as possible. We are collecting 2021 expense information for properties in the seven-county metro area and in buildings with 40 or more units. Each property survey should take ten minutes or less to complete.

If you would like to participate, please request the survey participation information.

2020 Operating Expense Survey

 

MHA's annual Residential Property Management Operating Expense Survey offers detailed information in an Excel spreadsheet format on more than 36,786 professionally managed multi-housing units.

 

You'll find information on:

  • Insurance & Deductible
  • Real Estate Taxes
  • Marketing & Advertising
  • Management Fees
  • Utilities
  • Repairs & Maintenance
  • Payroll & Benefits
  • % of evictions
  • Gross Potential Rent 
  • And more
 

     Price:
    Members     $325
   
    Non-members     $625
   

 

Purchase Online

The spreadsheet includes multiple expense categories all sortable by field. Details include the age of buildings, elevators, parking, market-rate or affordable, and a breakout for each utility and whether it's RUBS or owner provided.

The purchase of MHA's 2020 MHA Expense Survey and the information contained therein is intended for sole and exclusive use by your company. Sharing, distributing or making this information available to others is expressly prohibited.

This survey is conducted every year with the previous year's data. The survey summary for 2021 operating expenses will be published in 2022.