Assistant Property Manager Salary

Average Assistant Property Managers in the United States make around $15.64 per hour. In the world of Assistant Property Managers, total cash compensation can vary between $27K and $56K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $6K and $4K, respectively. This group's pay is mainly influenced by the specific employer, followed by geography and tenure. Not all workers are lucky enough to have benefits; in fact, roughly a fourth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by more than half. For the most part, Assistant Property Managers enjoy their work and report high levels of job satisfaction. There are far more female Assistant Property Managers who answered the questionnaire than men, making up 82 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$30,025 - $59,002
$30K
$41K
$59K
MEDIAN: $41,136
10%
50%
90%

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$12.03 - $20.46
$12
$16
$20
MEDIAN: $15.64
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
$30,025 - $59,002  
   
Bonus
$204.73 - $6,373  
Profit Sharing
$0.00 - $3,649  
Commission
$504 - $8,013  
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).
)
$27,103 - $55,673  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,144
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
$12.03 - $20.46  
   
Hourly Tips
$3.44  
Overtime
$18.55 - $34.37  
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
$204.73 - $6,373  
   
Commission
$504 - $8,013  
Profit Sharing
$0.00 - $3,649  
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).
)
$27,103 - $55,673  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,194

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

  • 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.
  • 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.

Common Career Paths for Assistant Property Manager


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Assistant Property Managers who transition into a Senior Property Manager role may receive large pay increases as the latter position pays an average $75K per year. Typical career progression for an Assistant Property Manager involves becoming a Property Manager or a Commercial Property Manager, roles that pay $5K more and $19K more on average.

Assistant Property Manager Job Listings

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Popular Employer Salaries for Assistant Property Manager


Assistant Property Managers fill the offices of leading firms Lincoln Property Company, Property Management Company, Cushman & Wakefield, Inc., Riverstone Residential Group, and Jones Lang LaSalle. Although Cushman & Wakefield, Inc. boasts the highest average salary in town at $60K, employee compensation still varies greatly — workers can make as little as $41K or as much as $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.

Employees at Property Management Company, Pinnacle Management, and Greystar can also expect below-average earnings of $32K, $36K, and $37K.

Popular Skills for Assistant Property Manager


Assistant Property Managers report using a deep pool of skills 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. Most people 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: $37,443

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

San Francisco is home to an above-average pay rate for Assistant Property Managers, 54 percent higher than the national average. Assistant Property Managers can also look forward to large paychecks in cities like Washington (+43 percent), New York (+38 percent), Charlotte (+20 percent), and Boston (+20 percent). Falling short of the national average by 2 percent, the area with the worst salaries is Austin.

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
82 %
Male
18 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 362 votes.
Less than 1 year
5%
1-4 years
53%
5-9 years
25%
10-19 years
14%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Property Manager Salaries

▲21%

▲9%

▲8%

National Average
$37,000

▼4%

Skills That Affect Assistant Property Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 362 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
5%
1-4 years
53%
5-9 years
25%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
no benefits
None: 26%