Assistant Property Manager Salary

Assistant Property Managers in the United States take home approximately $15.79 per hour on average. The final incomes of Assistant Property Managers generally vary between $27K and $55K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $6K, $7K, and $8K, respectively. The most important factor affecting compensation for this group is the particular firm, followed by the particular city and experience level. Job satisfaction is high and work is enjoyable for most Assistant Property Managers. One in four of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and more than half claim dental coverage as well. The vast majority (82 percent) of Assistant Property Managers who took the survey are female. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$30,465 - $59,226
$30K
$42K
$59K
MEDIAN: $41,648
10%
50%
90%

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$12.20 - $20.62
$12
$16
$21
MEDIAN: $15.85
10%
50%
90%

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$0$59K
Salary $30,465 - $59,226
Bonus $205.81 - $6,101
Profit Sharing $0.00 - $5,034
Commission $479.71 - $7,846
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).
)
$27,547 - $55,508
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 1,102
Hourly Data $0$33
Hourly Rate $12.20 - $20.62
Hourly Tips $3.13
Overtime $18.25 - $33.99
Annual Data $0$55K
Bonus $205.81 - $6,101
Commission $479.71 - $7,846
Profit Sharing $0.00 - $5,034
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).
)
$27,547 - $55,508
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 1,266

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Assistant Property Manager

Assistant property managers oversee the daily activities of one or more rental properties; these are typically residential properties, such as large apartment buildings or condominiums.

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Assistant Property Manager Tasks

  • Assist the manager with administrative tasks such as preparing the budget, collecting rent, and sending tenant notices.
  • Oversee facility upkeep, inspecting and maintaining units, public areas, and grounds.
  • Manage tenant move-in and move-out processes, handing paperwork, evaluating applicants, and explaining policies.
  • Schedule showings of vacant units, advertise vacancies, and conduct tours.

Common Career Paths for Assistant Property Manager


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Assistant Property Managers who go on to become Senior Property Managers may see their salaries climb quite a bit. Median pay for Senior Property Managers is $75K annually. When Assistant Property Managers are ready for the next step in their careers, they often become Property Managers or Commercial Property Managers. Those roles pay an additional $5K and $19K, respectively.

Assistant Property Manager Job Listings

Popular Employer Salaries for Assistant Property Manager


Dominating the field, Lincoln Property Company, Property Management Company, Cushman & Wakefield, Inc., Riverstone Residential Group, and Jones Lang LaSalle are top firms with a reputation for hiring a great number of Assistant Property Managers. The biggest paychecks can be found at Cushman & Wakefield, Inc. — the median salary there is $60K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $41K and highest ones in the neighborhood of $80K. Other employers shelling out big bucks include Lincoln Property Company, Colliers International, and Jones Lang LaSalle, where Assistant Property Managers typically earn around $54K, $50K, or $48K, respectively.

Property Management Company, Pinnacle Management, and Greystar also scrape the bottom of the pay scale, with median earnings hovering around $32K, $36K, and $37K.

Popular Skills for Assistant Property Manager


Assistant Property Managers seem to require a rather large skill set. Most notably, skills in Accounting, Customer Relationship Management, Accounts Payable, and Accounts Receivable are correlated to pay that is above average. Skills that pay less than market rate include Leasing Software, Sales, and Office Administration. Most people experienced in Customer Service also know Customer Relations.

Pay by Experience Level for Assistant Property Manager

Pay by Experience for an Assistant Property Manager has a positive trend. An entry-level Assistant Property Manager with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 1,585 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Property Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 721 salaries. An experienced Assistant Property Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 375 salaries. An Assistant Property Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 73 salaries.

Pay Difference by Location

National Average: $37,729

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

Assistant Property Managers will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 53 percent. Assistant Property Managers will also find cushy salaries in Washington (+42 percent), New York (+37 percent), Charlotte (+20 percent), and Boston (+19 percent). In Austin, salaries are 3 percent below the national average and represent the lowest-paying market.

Assistant Property Manager Reviews

Q: What is it like working as an Assistant Property Manager?

Assistant Property Manager in Fort Collins:
Pros: Variety of things to do.
Cons: My pay.

Assistant Property Manager in Los Angeles:
"Work."
Pros: I learn alot because the company is small.
Cons: I don't like the Korean politics.

Assistant Property Manager in San Jose:
Pros: I enjoy a flexible schedule and casual work environment. I get along well with my direct co-workers and my boss.
Cons:

Assistant Property Manager in Fort Lauderdale:
"Pay sucks."
Pros: Free food.
Cons: The pay.

Assistant Property Manager in Dallas:
"Very confident and passionate."
Pros: Marketing, benefits, and ability to put smiles on faces with the simplest task.
Cons: Inability to not meet the residents needs and complete all day to day scheduled task.

Assistant Property Manager in Chicago:
"I like property management."
Pros: Something new every day, literally!
Cons: Almost serve as a customer complaint department for tenants.

Assistant Property Manager in Birmingham:
"Meeting people and taking care of their homes."
Pros: Helping people find and maintain a place to call home.
Cons: Stress, micromanagement, culture, expectations.

Related Job Salaries

Key Stats for Assistant Property Manager

Gender

Female
82 %
Male
18 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 442 votes.
Less than 1 year
5%
1-4 years
54%
5-9 years
24%
10-19 years
14%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Property Manager Salaries

▲20%

▲8%

▲7%

National Average
$38,000

▼5%

Skills That Affect Assistant Property Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 442 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
5%
1-4 years
54%
5-9 years
24%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 60%
vision benefits
Vision: 50%
no benefits
None: 27%
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