The average Assistant Property Manager in the United States can expect to rake in roughly $15.62 per hour. In the world of Assistant Property Managers, overall cash earnings stretch from $27K near the bottom to $56K near the top; these packages encompass bonuses that run close to $6K and profit sharing that can (albeit rarely) exceed $4K, along with commissions approaching $7K. Earnings for this group are mostly affected by the particular firm, followed by the particular city and years of experience. Although about one in four lack health benefits of any kind, a fair number do enjoy medical insurance, and the larger part get dental coverage, too. For the most part, Assistant Property Managers enjoy their work and report high levels of job satisfaction. The vast majority (83 percent) of Assistant Property Managers who took the survey are female. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$30,012 - $58,830
$30K
$41K
$59K
MEDIAN: $41,241
10%
50%
90%

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$12.04 - $20.44
$12
$16
$20
MEDIAN: $15.62
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Salary
$30,012 - $58,830  
   
Bonus
$201.47 - $6,424  
Profit Sharing
$0.00 - $3,624  
Commission
$513 - $7,207  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,052 - $55,507  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,185
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$12.04 - $20.44  
   
Hourly Tips
$1.88  
Overtime
$18.47 - $34.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$201.47 - $6,424  
   
Commission
$513 - $7,207  
Profit Sharing
$0.00 - $3,624  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,052 - $55,507  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,225

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Assistant Property Manager

Assistant property managers oversee the daily activities of one or more rental properties; these are typically residential properties, such as large apartment buildings or condominiums.

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Assistant Property Manager Tasks

  • Assist the manager with administrative tasks such as preparing the budget, collecting rent, and sending tenant notices.
  • Oversee facility upkeep, inspecting and maintaining units, public areas, and grounds.
  • Manage tenant move-in and move-out processes, handing paperwork, evaluating applicants, and explaining policies.
  • Schedule showings of vacant units, advertise vacancies, and conduct tours.

Common Career Paths for Assistant Property Manager


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As Assistant Property Managers transition into upper-level roles such as Senior Property Manager, they may see a strong upturn in salary. Senior Property Managers earn $75K on average per year. Property Managers or Commercial Property Managers are common next-step roles for Assistant Property Managers moving up in their careers; annual pay for Property Managers is $5K higher on average, and it's $19K higher for Commercial Property Managers.

Assistant Property Manager Job Listings

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Popular Employer Salaries for Assistant Property Manager


Lincoln Property Company, Property Management Company, Cushman & Wakefield, Inc., Riverstone Residential Group, and Jones Lang LaSalle are leaders in the field that employ a large number of Assistant Property Managers. Assistant Property Managers flock to Lincoln Property Company for generous paychecks, where average earnings of $53K lead the pack in compensation; however, Lincoln Property Company also provides employees with a wide spectrum of compensation ranging from $34K at one end to $60K at the other end. Assistant Property Managers can also look forward to large paychecks at Cushman & Wakefield, Inc. ($52K), Colliers International ($49K), and Jones Lang LaSalle ($48K).

Although Property Management Company hands out the lowest average salary in town at $32K, employee compensation still varies greatly; workers can make as little as $22K or as much as $42K. A few other companies with smaller-than-average paychecks include Pinnacle Management ($36K), Fairfield Residential, LLC ($38K), and Greystar Management ($39K).

Popular Skills for Assistant Property Manager


Survey results imply that Assistant Property Managers deploy a substantial tool kit of skills at work. Most notably, skills in Accounting, Customer Relationship Management, Accounts Payable, and Accounts Receivable are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Leasing Software, Sales, and Office Administration. For most people, competency in Customer Service indicates knowledge of Customer Relations.

Pay by Experience Level for Assistant Property Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Respondents with less than five years' experience take home $36K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $41K. People with 10 to 20 years of experience make an average of about $41K in this role. Assistant Property Managers who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $44K.

Pay Difference by Location

National Average: $37,471

Larger city markers indicate a job is popular in that location.

For Assistant Property Managers, busy Washington offers a higher-than-average pay rate, 42 percent above the national average. Assistant Property Managers will also find cushy salaries in New York (+38 percent), Charlotte (+20 percent), Dallas (+19 percent), and Los Angeles (+18 percent). Austin is home to the smallest salaries in the field, lagging the national average by 2 percent.

Assistant Property Manager Reviews

Q: What is it like working as an Assistant Property Manager?

Assistant Property Manager in San Jose:
Pros: I enjoy a flexible schedule and casual work environment. I get along well with my direct co-workers and my boss.
Cons:

Assistant Property Manager in Dallas:
"Very confident and passionate."
Pros: Marketing, benefits, and ability to put smiles on faces with the simplest task.
Cons: Inability to not meet the residents needs and complete all day to day scheduled task.

Assistant Property Manager in Birmingham:
"Meeting people and taking care of their homes."
Pros: Helping people find and maintain a place to call home.
Cons: Stress, micromanagement, culture, expectations.

Assistant Property Manager in Elk Grove:
"Interesting to say the least."
Pros: How different things are on a daily. Helping people find the perfect home. The people I work with. I have great property managers.
Cons: Declining applications, evictions, management, lots & lots of work. Stress.

Assistant Property Manager in Houston:
"Annual Review."
Pros: The environment is small. And family oriented. We all work as a team when deadlines are to be kept.
Cons: Gossiping and personal information is leaked out.

Related Job Salaries

Key Stats for Assistant Property Manager

Gender

Female
83 %
Male
17 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 360 votes.
052
Less than 1 year
5%
1-4 years
53%
5-9 years
25%
10-19 years
15%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Property Manager Salaries




National Average
$37,000


Skills That Affect Assistant Property Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 360 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
5%
1-4 years
53%
5-9 years
25%
10-19 years
15%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
dental benefits
None: 26%
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