Leasing Agent Salary (United States)

Pay for Leasing Agents in the United States sits in the ballpark of $12.04 per hour. Pay generally spreads from $9.64 per hour to $15.50. Location and career length each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, 39 percent are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by 43 percent. Most Leasing Agents report high levels of job satisfaction. This summary is derived from information collected in the PayScale salary survey.
Leasing Agent Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$21,808 - $48,164
(Median)
22K
26K
31K
39K
48K
MEDIAN: $31,181
10%
25%
50%
75%
90%
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Leasing Agent Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$9.64 - $15.50
(Median)
9
12
14
16
MEDIAN: $12.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$21,808 - $48,164  
   
Bonus
$0.00 - $5,888  
Commission
$98.63 - $9,978  
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).
)
$20,681 - $38,848  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 124
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$9.64 - $15.50  
   
Overtime
$12.91 - $27.30  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $5,888  
   
Commission
$98.63 - $9,978  
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).
)
$20,681 - $38,848  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 397
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Job Description for Leasing Agent

Leasing agents are responsible for assisting property managers in the leasing of apartments and other rental properties. They are in charge of marketing openings to potential clients on behalf of the property management, serving as the point of contact for clients searching for rentals, meeting with clients face to face, and providing site tours as requested. They also work with various marketing outlets such as newspapers and television stations to get advertisements out in a timely manner. Leasing agents also assist with rental paperwork and background checks. Additionally, they provide assistance to property managers related to rented properties, performing tasks such as collecting rent, organizing repairs, and handling renters' issues.
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Leasing Agent Tasks
  • Screen applicants, collect deposits, and handle leasing applications, contracts, and renewals.
  • Assist with advertising available units, update listings, design ads, and conduct tours.
  • Provide information about units to potential renters.
  • Help customers understand leasing contracts and fill out paperwork correctly.

Common Career Paths for Leasing Agent

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Leasing Agents' salaries may rise greatly in accordance with career advancement. Those who assume a higher-end position such as a Community Association Manager may get paid an extra $17,172 per year. A typical promotion for Leasing Agents is becoming Property Managers or Assistant Property Managers, where they can expect an extra $14,330 or $8,243 per year.

Leasing Agent Job Listings

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Popular Skills for Leasing Agent

Leasing Agents report using a diverse set of skills on the job. Most notably, facility with Real Estate, Customer Relationship Management (CRM), and Sales are correlated to pay that is significantly above average, leading to increases of 21 percent, 20 percent, and 4 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Property Management. Most people skilled in Customer Service are similarly competent in Customer Relations.

Pay by Experience Level for Leasing Agent

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries start at $26K, which grows to $31K after five to 10 years. Those with one to two decades of experience under their belt tend to see salaries around $33K. After 20 years on the job, salaries actually take a dive for Leasing Agents, averaging around $30K. Experienced employees who have 10-20 years of experience make up 7 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 13 percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. Between one and nine years is the typical spectrum of experience for those in this line of work—of those who took the survey, most land within it.

Pay Difference By Location

Atlanta
up arrow 25%
Chicago
up arrow 18%
Indianapolis
up arrow 13%
Los Angeles
up arrow 13%
Dallas
up arrow 10%
Charlotte
up arrow 7%
Tampa
up arrow 5%
Phoenix
0%
Austin
0%
National Average
$27,000
Fresno
up arrow 1%
Tucson
up arrow 2%
Houston
up arrow 5%
St. Louis
up arrow 11%
Larger circles over a city indicate a job is popular in that location.
Atlanta is home to an above-average pay rate for Leasing Agents, 25 percent higher than the national average. Those in search of high salaries should also consider checking out cities like Chicago, Indianapolis, Los Angeles, and Dallas, top-paying markets where Leasing Agents rake in more than the national norm (+18 percent, +13 percent, +13 percent, and +10 percent). Those in the field find the lowest salaries in St. Louis, 11 percent below the national average. Employers pay around -5 percent in Houston and -2 percent in Tucson, below-median salaries for those in this field.

Related Job Salaries

Experience Affects Leasing Agent Salaries

Experienced
up arrow 18%
Late-Career
up arrow 12%
National Average
$27,000

Skills That Affect Leasing Agent Salaries

Real Estate
up arrow 21%
Customer Relationship Management (CRM)
up arrow 20%
Sales
up arrow 4%
Customer Relations
up arrow 3%
Customer Service
0%
National Average
$27,000
Property Management
up arrow 6%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 83 votes.

Gender

Female
85%
female alumni
 
Male
15%
male alumni

Years of Experience

Less than 1 year
13%
1-4 years
60%
5-9 years
17%
10-19 years
7%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 59% dental benefits Dental: 43%
vision benefits Vision: 31% employee benefits None: 39%
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