Property Leasing Managers in the United States can expect only a modest salary, with average pay of just $40K per year. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Most Property Leasing Managers survey respondents are women (76 percent). Unfortunately, some people in this line of work are without benefits — close to a fourth lack coverage. On the flip side, the greater part have medical insurance and a little more than half receive dental plans. The majority of workers are highly satisfied with their job. This report is based on answers to PayScale's salary questionnaire.

$29,486 - $64,644
(Median)
$29K
$40K
$65K
MEDIAN: $40,336
10%
50%
90%

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$11.38 - $19.66
(Median)
$11
$15
$20
MEDIAN: $14.00
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
$29,486 - $64,644  
   
Bonus
$295.90 - $10,019  
Profit Sharing
$750  
Commission
$1,174 - $15,893  
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).
)
$26,953 - $60,115  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 187
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
$11.38 - $19.66  
   
Hourly Tips
$6.25  
Overtime
$14.68 - $27.76  
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
$295.90 - $10,019  
   
Commission
$1,174 - $15,893  
Profit Sharing
$750  
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).
)
$26,953 - $60,115  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 125
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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

  • 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.
  • Conduct walk-throughs, and inspect the community grounds and models to ensure cleanliness.
  • Lead tours of the property, and build rapport and follow up with potential tenants.
  • Participate in and implement resident retention programs.

Common Career Paths for Leasing Manager/Property


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Property Leasing Managers' salaries may rise greatly for those who assume a higher-end position such as a Commercial Property Manager. The average Commercial Property Manager brings home $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


Typical Property Leasing Managers report a focused set of job skills. Most notably, skills in Property Management, Customer Service, Sales, 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 Sales also typically command lower compensation. Most people experienced in Customer Service also know Sales.

Pay by Experience Level for Leasing Manager/Property

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


Relatively untried employees who have less than five years' experience make $35K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $43K. Property Leasing Managers see a median salary of $43K after reaching one to two decades on the job. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $44K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Leasing Manager/Property Reviews

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

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Experience Affects Leasing Manager/Property Salaries




National Average
$38,000


Skills That Affect Leasing Manager/Property Salaries


National Average
$38,000

Customer Service
up arrow 4%

up arrow 6%

Social Media Marketing
up arrow 20%

Customer Relations
up arrow 30%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
23%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 53%
medical benefits
Vision: 41%
dental benefits
None: 27%
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