Operating Expense Survey

Compare operating expenses and property characteristics using data from more than 25,000 professionally managed multi housing units.

2025 Operating Expense Survey

MHA's annual Operating Expense Survey is delivered as a sortable Excel spreadsheet and provides detailed expense and property data to help you understand operating benchmarks across Minnesota.

Data includes: insurance, real estate taxes, marketing, management fees, utilities, repairs and maintenance, payroll and benefits, evictions, gross potential rent, building characteristics and more.

2025 Survey

Buy the Survey

Access the complete sortable Excel data set.

Member $375
 
Non-Member $700
2026 Survey

Participate in the Next Survey

Data collection for the 2026 survey begins in March 2027.

Who can participate?
Properties with 40 or more units.

Participants receive a discounted copy of the completed survey.

Request Survey Materials

The Operating Expense Survey and its data are intended solely for use by the purchasing company and may not be shared or distributed.