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Real Estate Agent License Cost in Minnesota 2026: $450 Fees, $56K Salary

Getting a Real Estate Agent license in Minnesota costs $450 upfront. At state-adjusted salaries, that pays back in 0.3 months.

Real Estate Agent License in Minnesota — Key Numbers

$450
Upfront Cost
$56K
Median Salary (Licensed)
$180
Renewal (every 2 yrs)
0.3 mo
Payback Period

Salary data: BLS OEWS 2024 state estimates. Fees: state licensing board schedules.

Real Estate Agent License Cost Breakdown — Minnesota

Exam fee $200
Application fee $150
Initial license fee $100
Total upfront $450
Renewal fee (every 2 yrs) $180
CE hours required per cycle 24 hours
Salary without license (Minnesota) $36,000/yr
Salary with license (Minnesota) $56,000/yr
5-year net ROI $100K

Licensing body: Minnesota Real Estate Commission. Verify current fees before applying — schedules change.

Real Estate Agent License in Minnesota — What to Know

Minnesota requires pre-license education (typically 60–90 hours) before the state exam. The licensing process takes 4–8 weeks from application to active license. Licensed agents in Minnesota earn $56K on average, with the spread wide depending on market activity. New agents in Minnesota typically start with a 50/50 split at a traditional brokerage before negotiating better terms. The total upfront cost — exam, application, license, E&O insurance — is usually under $1,500.

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