Residential Property Manager Salary

The average pay for a Residential Property Manager is $39,571 per year. The skills that increase pay for this job the most are Project Management and Budget Management.

$20,218 - $65,789
(Median)
$20K
$40K
$66K
MEDIAN: $39,570
10%
50%
90%

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$10.13 - $21.95
(Median)
$10
$14
$22
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
$20,218 - $65,789  
   
Bonus
$0.00 - $8,029  
Profit Sharing
$0.00 - $4,932  
Commission
$226.69 - $28,118  
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).
)
$21,775 - $64,082  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 486
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
$10.13 - $21.95  
   
Overtime
$0.00 - $39.15  
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 - $8,029  
   
Commission
$226.69 - $28,118  
Profit Sharing
$0.00 - $4,932  
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).
)
$21,775 - $64,082  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 176
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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 leases, collect rent, make bank deposits, verify income and maintain waiting list.
  • Ensure compliance with HUD, TCAC or other regulations.
  • Process evictions.
  • Supervise on-site staff and coordinates repairs and maintenance.

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.

Related Job Salaries

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Experience Affects Residential Property Manager Salaries



National Average
$38,000



Skills That Affect Residential Property Manager Salaries

Project Management
up arrow 75%


Operations Management
up arrow 10%

Property Management
up arrow 3%

People Management
up arrow 3%

Customer Relations
up arrow 3%

Maintenance
0%

National Average
$38,000


Accounting
up arrow 22%

Sales
up arrow 27%

Facility Maintenance & Coordination
up arrow 35%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
27%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 58%
dental benefits
Dental: 39%
medical benefits
Vision: 31%
dental benefits
None: 42%
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