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Leasing Agent Salary (United States)

Pay for Leasing Agents in the United States lies in the neighborhood of $12.04 per hour. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Not all workers are lucky enough to have benefits; in fact, roughly two in five are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by just over two-fifths. The vast majority (85 percent) of Leasing Agents are female. The majority of Leasing Agents claim high levels of job satisfaction. This overview is derived from replies to PayScale's 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%
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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  
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  
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 for those who assume a higher-end position such as a Community Association Manager. Property, Real Estate, or Community Association Managers bring home $44K per year on average. Property Managers or Assistant Property Managers are common next-step roles for Leasing Agents moving up in their careers; annual pay for Property Managers is $14K higher on average, and it's $8K higher for Assistant Property Managers.

Leasing Agent Job Listings

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Popular Skills for Leasing Agent

Leasing Agents generally report applying a varied skill set to their work. 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. At the other end of the pay range are skills like Property Management. Those educated in Customer Service tend to be well versed in Customer Relations.

Pay by Experience Level for Leasing Agent

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Although individuals who have less than five years' experience earn $26K on average, people with five to 10 years benefit from a notably larger average of $31K. Leasing Agents see a median salary of $32K after reaching one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $30K. Between one and nine years of experience is the norm for people in this field — most of those surveyed fit this bill. Experienced employees who have 10-20 years of experience make up fewer than one in ten of the workforce; inexperienced individuals who have been working for less than one year comprise roughly an eighth, and senior people with more than 20 years under their belt fill out the remaining less than five percent.

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 offers some of the highest pay in the country for Leasing Agents, 25 percent above 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. Not at the bottom but still paying below the median are employers in Houston and Tucson (5 percent lower and 2 percent lower, respectively).

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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%