Assistant Property Manager Salary

Average Assistant Property Managers in the United States make around $15.72 per hour. Total cash earnings of Assistant Property Managers range from $27K near the bottom to $55K near the top, where some exceptional performers can get $6K each from bonuses and profit sharing, plus, in very few cases, commissions exceeding $8K. While the particular city and years of experience impact pay for this group, the company is the most influential factor. Women make up the vast majority of Assistant Property Managers (82 percent) who answered the questionnaire. The majority of Assistant Property Managers claim high levels of job satisfaction. Health benefits are not enjoyed by everyone in this line of work, and nearly one in four lack any coverage at all. Medical benefits are reported by a fair number and dental coverage is claimed by the larger part. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$30,143 - $58,857
$30K
$41K
$59K
MEDIAN: $41,343
10%
50%
90%

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$12.08 - $20.54
$12
$16
$21
MEDIAN: $15.72
10%
50%
90%

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$0$58K
Salary $30,143 - $58,857
Bonus $204.26 - $6,218
Profit Sharing $0.00 - $6,526
Commission $484.79 - $8,182
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).
)
$27,119 - $55,187
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,100
Hourly Data $0$33
Hourly Rate $12.08 - $20.54
Hourly Tips $1.88
Overtime $17.97 - $33.74
Annual Data $0$55K
Bonus $204.26 - $6,218
Commission $484.79 - $8,182
Profit Sharing $0.00 - $6,526
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).
)
$27,119 - $55,187
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,251

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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Assistant Property Managers who go on to become Senior Property Managers may see their salaries climb quite a bit. Median pay for Senior Property Managers is $75K annually. When Assistant Property Managers are ready for the next step in their careers, they often become Property Managers or Commercial Property Managers. Those roles pay an additional $5K and $19K, respectively.

Assistant Property Manager Job Listings

Popular Employer Salaries for Assistant Property Manager


Lincoln Property Company, Property Management Company, Cushman & Wakefield, Inc., Riverstone Residential Group, and Jones Lang LaSalle are among the top companies that take on many Assistant Property Managers. Cushman & Wakefield, Inc. offers the largest salaries in town ($60K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $41K to $80K. Those in search of high salaries should also consider Lincoln Property Company, Colliers International, and Jones Lang LaSalle, top-paying firms where Assistant Property Managers rake in a respectable $54K, $50K, or $48K, respectively.

Workers at Property Management Company, Pinnacle Management, and Greystar also face smaller salaries than the rest of the field — average earnings for these employers come to $32K, $36K, and $37K respectively.

Popular Skills for Assistant Property Manager


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Accounting, Customer Relationship Management, Accounts Payable, and Accounts Receivable are correlated to pay that is above average. Skills that pay less than market rate include Leasing Software, Sales, and Office Administration. The majority of those who know Customer Service also know Customer Relations.

Pay by Experience Level for Assistant Property Manager

Pay by Experience for an Assistant Property Manager has a positive trend. An entry-level Assistant Property Manager with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 1,585 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Property Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 721 salaries. An experienced Assistant Property Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 375 salaries. An Assistant Property Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 73 salaries.

Pay Difference by Location

National Average: $37,485

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

Surpassing the national average by 53 percent, Assistant Property Managers in San Francisco receive some of the highest pay in the country. Assistant Property Managers will also find cushy salaries in Washington (+43 percent), New York (+38 percent), Charlotte (+20 percent), and Boston (+20 percent). In Austin, salaries are 2 percent below the national average and represent the lowest-paying market.

Assistant Property Manager Reviews

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

Assistant Property Manager in Fort Collins:
Pros: Variety of things to do.
Cons: My pay.

Assistant Property Manager in Los Angeles:
"Work."
Pros: I learn alot because the company is small.
Cons: I don't like the Korean politics.

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 Fort Lauderdale:
"Pay sucks."
Pros: Free food.
Cons: The pay.

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 Chicago:
"I like property management."
Pros: Something new every day, literally!
Cons: Almost serve as a customer complaint department for tenants.

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.

Related Job Salaries

Key Stats for Assistant Property Manager

Gender

Female
82 %
Male
18 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 410 votes.
Less than 1 year
5%
1-4 years
54%
5-9 years
24%
10-19 years
14%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Property Manager Salaries

▲20%

▲9%

▲8%

National Average
$37,000

▼5%

Skills That Affect Assistant Property Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 410 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
5%
1-4 years
54%
5-9 years
24%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
no benefits
None: 27%
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