Leasing Agent Salary

Median pay for Leasing Agents in the United States is around $12.83 per hour. The most important factor affecting compensation for this group is geographic location, followed by the specific employer and experience level. Not all workers are lucky enough to have benefits; in fact, over a third are without coverage. Medical insurance is claimed by the greater part and dental insurance is reported by approximately one-half. Most Leasing Agents survey respondents are women (77 percent). Most Leasing Agents like their work and job satisfaction is high. This snapshot results from replies to PayScale's salary survey.
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$24,799 - $65,969
$25K
$37K
$66K
MEDIAN: $36,631
10%
50%
90%

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$9.99 - $15.89
$10
$13
$16
MEDIAN: $12.81
10%
50%
90%

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$0$65K
Salary $24,799 - $65,969
Bonus $102.27 - $7,302
Commission $484.79 - $12,822
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).
)
$21,547 - $45,006
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 145
Hourly Data $0$24
Hourly Rate $9.99 - $15.89
Hourly Tips $1.25
Overtime $14.96 - $24.69
Annual Data $0$45K
Bonus $102.27 - $7,302
Commission $484.79 - $12,822
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).
)
$21,547 - $45,006
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 460

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Leasing Agent

Leasing agents are responsible for assisting property managers in the leasing of apartments and other rental properties. They are in charge of marketing openings to potential clients on behalf of the property management, serving as the point of contact for clients searching for rentals, meeting with clients face to face, and providing site tours as requested. They also work with various marketing outlets such as newspapers and television stations to get advertisements out in a timely manner. Leasing agents also assist with rental paperwork and background checks. Additionally, they provide assistance to property managers related to rented properties, performing tasks such as collecting rent, organizing repairs, and handling renters' issues.

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Leasing Agent Tasks

  • Provide information about units to potential renters.
  • Help customers understand leasing contracts and fill out paperwork correctly.
  • Screen applicants, collect deposits, and handle leasing applications, contracts, and renewals.
  • Assist with advertising available units, update listings, design ads, and conduct tours.

Common Career Paths for Leasing Agent


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Leasing Agents who transition into a Community Association Manager role may receive large pay increases as the latter position pays an average $45K per year. The most common next step for a Leasing Agent is to become a Property Manager or an Assistant Property Manager. The former position pays an additional $13K per year on average, and the latter position pays $7K more per year.

Leasing Agent Job Listings

Popular Employer Salaries for Leasing Agent


Property Management Company offers the largest salaries in town — $33K on average.

Popular Skills for Leasing Agent


Leasing Agents seem to require a rather large skill set. Most notably, facility with Contract Negotiation, Social Media Marketing, and Customer Relationship Management (CRM) are correlated to pay that is significantly above average, leading to increases of 123 percent, 18 percent, and 12 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Account Management and Bilingual. The majority of those who know Customer Service also know Customer Relations.

Pay by Experience Level for Leasing Agent

Pay by Experience for a Leasing Agent has a positive trend. An entry-level Leasing Agent with less than 5 years of experience can expect to earn an average total compensation of $28,000 based on 506 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Leasing Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $30,000 based on 131 salaries. An experienced Leasing Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $32,000 based on 58 salaries. A Leasing Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $31,000 based on 8 salaries.

Pay Difference by Location

National Average: $29,551

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

For Leasing Agents, working in the bustling city of Chicago has its advantages, including an above-average pay rate. Leasing Agents can also look forward to large paychecks in cities like Los Angeles (+19 percent), Minneapolis (+9 percent), Dallas (+8 percent), and Nashville (+3 percent). The lowest-paying market is Tampa, which sits 15 percent below the national average. Employers pay around 12 percent less in Las Vegas and 10 percent less in Madison, below-median salaries for those in this field.

Leasing Agent Reviews

Q: What is it like working as a Leasing Agent?

Leasing Agent in Houston:
"Transition to something New."
Pros: I had no experience in the field whatsoever. Shortly after just being hired on the spot. I realized I could either sink or swim. I learned that I love to work with people and I love to market online or do presentations. I am good at talking and making money.
Cons: If you have a poor boss, it effects your mood to work and your willingness on the job. After being sent to another location. I realized I had no back up plan and that I didn't just want to be a leasing agent for forever.

Leasing Agent in Renton:
Pros: Working with people.
Cons: Not having all the teaching tools to do my job better.

Related Job Salaries

Key Stats for Leasing Agent

Gender

Female
77 %
Male
23 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 105 votes.
Less than 1 year
11%
1-4 years
62%
5-9 years
16%
10-19 years
9%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Leasing Agent Salaries

▲8%

Late-Career
▲4%

▲2%

National Average
$30,000

▼4%

Skills That Affect Leasing Agent Salaries

Contract Negotiation
▲120%

Social Media Marketing
▲16%

Customer Relationship Management (CRM)
▲11%

Property Management
▲5%

Leasing
▲3%

▼0%

National Average
$30,000

Customer Service
▼2%

Leasing Software
▼2%

Customer Relations
▼3%

Real Estate
▼4%

Account Management
▼5%

Bilingual
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 105 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
11%
1-4 years
62%
5-9 years
16%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 49%
vision benefits
Vision: 39%
no benefits
None: 36%
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