Residential Property Manager Salary

A Residential Property Manager earns an average salary of $40,696 per year. Skills that are associated with high pay for this job are Customer Relations and Budget Management. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

$22,627 - $65,763
$23K
$41K
$66K
MEDIAN: $40,696
10%
50%
90%

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$11.15 - $25.40
$11
$15
$25
MEDIAN: $15.20
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
$22,627 - $65,763  
   
Bonus
$0.00 - $9,643  
Profit Sharing
$0.00 - $5,152  
Commission
$986 - $29,153  
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).
)
$24,227 - $64,575  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 357
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$14$28$42
Hourly Rate
$11.15 - $25.40  
   
Hourly Tips
$0.27  
Overtime
$0.00 - $40.69  
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$28K$56K$84K
Bonus
$0.00 - $9,643  
   
Commission
$986 - $29,153  
Profit Sharing
$0.00 - $5,152  
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).
)
$24,227 - $64,575  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 126

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United States (change)

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Job Description for Residential Property Manager

A residential property manager is typically employed by a property owner or real estate company to oversee a rental property or properties. Apartment and condominium complexes frequently have a residential manager working in an on-site office at the property. A property manager may also help with the day-to-day management of a group of smaller individual apartments or duplexes as well. The residential property manager acts as an agent for the landlord or leaseholder, helping to facilitate payment of rent and other agreed-upon fees. The property manager regularly conducts exterior inspections of the properties he or she manages, ensuring that all areas are kept up in an attractive and safe manner. They are the first point of contact when residents require repair issues; the manager schedules and prioritizes repairs and follows through to ensure their completion.

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Residential Property Manager Tasks

  • Process evictions.
  • Supervise on-site staff and coordinates repairs and maintenance.
  • Process leases, collect rent, make bank deposits, verify income and maintain waiting list.
  • Ensure compliance with HUD, TCAC or other regulations.

Common Career Paths for Residential Property Manager


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Popular Skills for Residential Property Manager

Pay by Experience Level for Residential Property Manager

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

Pay Difference by Location

National Average: $40,227

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

Residential Property Manager Reviews

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

Residential Property Manager in Fairbanks:
"I like to be appreciated for what I'm trying to do."
Pros: Being able to help people. And to motivate people to help themselves.
Cons: The tenants that don't pay don't care and are just toxic to society.

Related Job Salaries

Key Stats for Residential Property Manager

Gender

Female
69 %
Male
31 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.
Less than 1 year
1%
1-4 years
31%
5-9 years
25%
10-19 years
26%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Residential Property Manager Salaries

▲16%

▲7%

National Average
$40,000

▼1%

▼8%

Skills That Affect Residential Property Manager Salaries

Customer Relations
▲24%



Operations Management
▲4%

Property Management
▼0%

National Average
$40,000



Real Estate
▼4%

Maintenance
▼5%

Leasing Software
▼9%

Accounting
▼26%

Sales
▼31%

Facility Maintenance & Coordination
▼38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
1%
1-4 years
31%
5-9 years
25%
10-19 years
26%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 57%
dental benefits
Dental: 40%
vision benefits
Vision: 32%
dental benefits
None: 41%
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