Residential Property Manager Salary (United States)

The average pay for a Residential Property Manager is $37,268 per year. The skills that increase pay for this job the most are Budget Management, People Management, and Operations Management. Most people with this job move on to other positions after 20 years in this career.
Residential Property Manager 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.
)
$20,945 - $55,692
(Median)
21K
29K
37K
46K
56K
MEDIAN: $37,268
10%
25%
50%
75%
90%
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Residential Property Manager 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.
)
$9.94 - $20.15
(Median)
9
12
14
17
20
MEDIAN: $14.00
10%
25%
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$19K$38K$57K
Salary
$20,945 - $55,692  
   
Bonus
$0.00 - $7,235  
Profit Sharing
$0.00 - $8,284  
Commission
$224.68 - $9,787  
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).
)
$21,463 - $55,448  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 224
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
$9.94 - $20.15  
   
Overtime
$0.00 - $27.92  
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 - $7,235  
   
Commission
$224.68 - $9,787  
Profit Sharing
$0.00 - $8,284  
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).
)
$21,463 - $55,448  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 88
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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.
Read More...
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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Residential Property Manager Job Listings

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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

New York
up arrow 100%
National Average
$36,000
Los Angeles
up arrow 30%
Larger circles over a city indicate a job is popular in that location.

Residential Property Manager Advice

What do you wish you knew about your job when you first started out?
Residential Property Manager in Chula Vista:
"Wish I Knew."
Wish I knew we would not get a raise after a year, even though we sold or rented homes that were vacant for 14 months.

Related Job Salaries

Experience Affects Residential Property Manager Salaries

Late-Career
up arrow 16%
Experienced
up arrow 15%
Mid-Career
up arrow 2%
National Average
$36,000
Entry-Level
up arrow 11%

Skills That Affect Residential Property Manager Salaries

Budget Management
up arrow 23%
People Management
up arrow 12%
Operations Management
up arrow 11%
Property Management
up arrow 3%
National Average
$36,000
Customer Service
up arrow 15%
Sales
up arrow 24%
Accounting
up arrow 25%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 63 votes.

Gender

Female
73%
female alumni
 
Male
27%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
29%
10-19 years
25%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 57% dental benefits Dental: 40%
vision benefits Vision: 34% employee benefits None: 43%
Find Out Exactly What You Should Be Paid
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