$42,651
Avg. Salary
$16.08
Avg. Hourly Rate

Average additional compensation:

$2,026

Bonus

$1,186

Profit Sharing

$3,069

Commission

What am I worth?
How should I pay?

The average pay for an Assistant Property Manager is $16.08 per hour.

The average pay for an Assistant Property Manager is $42,651 per year.

10%
$12.37
10%
$16.08
50%
$21.18
90%
90%
MEDIAN $16.08
10%
$31k
10%
$43k
50%
$60k
90%
90%
MEDIAN $42,651
$30,660 - $60,439
$31K
$43K
$60K
MEDIAN: $42,651
10%
50%
90%

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$12.37 - $21.18
$12
$16
$21
MEDIAN: $16.08
10%
50%
90%

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$0$60K
Salary $30,660 - $60,439
Bonus $286 - $6,109
Profit Sharing $0.00 - $5,128
Commission $774 - $8,406
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).
)
$27,907 - $56,854
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 1,989
Hourly Data $0$34
Hourly Rate $12.37 - $21.18
Hourly Tips $3.13
Overtime $18.22 - $34.26
Annual Data $0$56K
Bonus $286 - $6,109
Commission $774 - $8,406
Profit Sharing $0.00 - $5,128
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).
)
$27,907 - $56,854
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 2,246

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.

Read More...
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.

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.

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 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: $38,441

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 Advice

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

Assistant Property Manager in Syracuse:
"Real estate."
Enjoy working with people, be organized, calm under pressure.

Assistant Property Manager in Indianapolis:
"Getting promoted."
Do more than your job and learn as much as you can. Work for large and small companies to get trained in a variety of property management. Get a mentor.

Assistant Property Manager in North Conway:
"Do your job."
Follow up, fast action.

Assistant Property Manager in San Antonio:
"Assistant Property Manager."
Pros: Working with the public, Flexibility.
Cons: Working with the public.

Assistant Property Manager in Washington:
"Corporate culture, opportunity for advancement."
Pros: Challenging and rewarding; many opportunities.
Cons: Stressful; isolating;

Assistant Property Manager in Houston:
"Annual Review."
Pros: The environment is small. And family oriented. We all work as a team when deadlines are to be kept.
Cons: Gossiping and personal information is leaked out.

Assistant Property Manager in Chicago:
Please make sure that they have a compliance department so that you can have the rules and regulations of your property in writing or reachable.

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 756 votes.
Less than 1 year
5%
1-4 years
53%
5-9 years
24%
10-19 years
15%
20 years or more
3%

Experience Affects Assistant Property Manager Salaries

▲17%

▲6%

▲5%

National Average
$38,000

▼7%

Skills That Affect Assistant Property Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 756 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
5%
1-4 years
53%
5-9 years
24%
10-19 years
15%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 59%
vision benefits
Vision: 50%
no benefits
None: 26%