Leasing Manager/Property Salary

Property Leasing Managers in the United States may have to scrimp and save; the median compensation is $40K annually. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Unfortunately, some people in this line of work are without benefits — roughly a fourth lack coverage. On the flip side, a strong majority have medical insurance and over one-half receive dental plans. Work is enjoyable for Property Leasing Managers, who typically claim high levels of job satisfaction. Female Property Leasing Managers make up most of the survey respondents at 75 percent. This report is based on answers to PayScale's salary questionnaire.

$29,669 - $65,749
$30K
$40K
$66K
MEDIAN: $40,392
10%
50%
90%

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$11.10 - $19.79
$11
$15
$20
MEDIAN: $14.95
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$22K$44K$66K
Salary
$29,669 - $65,749  
   
Bonus
$251.68 - $10,067  
Profit Sharing
$700  
Commission
$1,211 - $17,452  
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).
)
$26,773 - $61,230  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 183
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$11$22$33
Hourly Rate
$11.10 - $19.79  
   
Hourly Tips
$6.25  
Overtime
$8.05 - $27.30  
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$22K$44K$66K
Bonus
$251.68 - $10,067  
   
Commission
$1,211 - $17,452  
Profit Sharing
$700  
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).
)
$26,773 - $61,230  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 126

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Leasing Manager/Property

Real estate companies that manage properties use a leasing manager/property to handle a wide variety of necessary tasks. For residential leasing, the manager is normally assigned to either apartment complexes or a series of leased individual homes. For commercial leasing, the property manager oversees entities such as strip malls and shopping centers for the landlord or real estate deed holder.

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Leasing Manager/Property Tasks

  • Lead tours of the property, and build rapport and follow up with potential tenants.
  • Participate in and implement resident retention programs.
  • Conduct walk-throughs, and inspect the community grounds and models to ensure cleanliness.
  • Assist tenants in completing lease paperwork, and process deposits and rent payments.
  • Respond to all leads generated within a reasonable amount of time, and maintain documentation of calls and visits.

Common Career Paths for Leasing Manager/Property


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Property Leasing Managers who transition into a Commercial Property Manager role may receive large pay increases as the latter position pays an average $56K per year. As Property Leasing Managers progress in their field, many go on to become Property Managers. In fact, this transition is more common than anything else, and pay for the position is usually $42K per year. Another common career choice for Property Leasing Managers is to move into an Assistant Property Manager role. Typically, Assistant Property Managers get paid $36K.

Leasing Manager/Property Job Listings

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Popular Skills for Leasing Manager/Property


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Property Management, Sales, Customer Service, and Social Media Marketing are correlated to pay that is above average. Those listing Customer Relations as a skill should be prepared for drastically lower pay. Social Media Marketing and Customer Service also typically command lower compensation. Those proficient in Customer Service are, more often than not, also skilled in Sales.

Pay by Experience Level for Leasing Manager/Property

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


Salaries of relatively inexperienced workers fall in the neighborhood of $36K, but folks who have racked up five to 10 years see a notably higher median of $42K. For Property Leasing Managers, 10 to 20 years of experience on the job amounts to an average salary of $43K. Property Leasing Managers who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.

Pay Difference by Location

National Average: $38,489

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

New York offers some of the highest pay in the country for Property Leasing Managers, 38 percent above the national average. Property Leasing Managers can also look forward to large paychecks in cities like Dallas (+33 percent), Seattle (+25 percent), Denver (+23 percent), and Philadelphia (+18 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Houston.

Leasing Manager/Property Reviews

Q: What is it like working as a Leasing Manager/Property?

Leasing Manager/Property in Pittsburgh:
"March 2015 Review."
Pros: I love working with the people I have become so close with. I feel like this is a family away from home. I have become invested in all of our residents and truly care about their comfort. I love meeting new people on a daily basis. These people are always keeping me on my toes. You never know what to expect.
Cons: There is no assigned description of my job. I never know if it is something I should be doing or someone else should handle. I have people stepping on my toes all the time.

Leasing Manager/Property in Cookeville:
"Feast And Famine."
Pros: I work in property management in a university town. Summer break and Christmas break between semesters are absolutely nuts. I require a degree of pressure to do my best and there is plenty of that. I enjoy the role I play in helping people find their next home. Frankly, I enjoy the amount of control I have over the properties and how they look and perform. The role I play helps feed my ego.
Cons: I dislike: Some evictions. Delivering bad news to someone's front door. How frustrating it can be dealing with entitled tenants. How few real laws there are governing my job.

Related Job Salaries

Key Stats for Leasing Manager/Property

Gender

Female
75 %
Male
25 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.
Less than 1 year
3%
1-4 years
45%
5-9 years
25%
10-19 years
19%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Leasing Manager/Property Salaries

▲12%

▲11%

▲10%

National Average
$38,000

▼6%

Skills That Affect Leasing Manager/Property Salaries


National Average
$38,000

▼2%



Customer Relations
▼30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
3%
1-4 years
45%
5-9 years
25%
10-19 years
19%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 54%
vision benefits
Vision: 42%
dental benefits
None: 26%
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