Leasing Manager/Property Salary

Property Leasing Managers in the United States are not likely to strike it rich; they only make around $41K per year on average. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Female Property Leasing Managers make up most of the survey respondents at 75 percent. While slightly less than a third report receiving no health benefits, more than half do receive medical coverage, and just over a half have dental, as well. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$29,541 - $67,711
$30K
$41K
$68K
MEDIAN: $40,687
10%
50%
90%

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$11.58 - $20.49
$12
$15
$20
MEDIAN: $15.28
10%
50%
90%

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$0$67K
Salary $29,541 - $67,711
Bonus $100.67 - $9,993
Profit Sharing $130.00
Commission $1,468 - $12,255
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).
)
$27,332 - $61,087
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 170
Hourly Data $0$29
Hourly Rate $11.58 - $20.49
Hourly Tips $6.25
Overtime $14.54 - $29.67
Annual Data $0$61K
Bonus $100.67 - $9,993
Commission $1,468 - $12,255
Profit Sharing $130.00
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).
)
$27,332 - $61,087
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 142

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Leasing Manager/Property

Real estate companies that manage properties use a leasing manager/property to handle a wide variety of necessary tasks. For residential leasing, the manager is normally assigned to either apartment complexes or a series of leased individual homes. For commercial leasing, the property manager oversees entities such as strip malls and shopping centers for the landlord or real estate deed holder.

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Leasing Manager/Property Tasks

  • Lead tours of the property, and build rapport and follow up with potential tenants.
  • Participate in and implement resident retention programs.
  • Conduct walk-throughs, and inspect the community grounds and models to ensure cleanliness.
  • Assist tenants in completing lease paperwork, and process deposits and rent payments.
  • Respond to all leads generated within a reasonable amount of time, and maintain documentation of calls and visits.

Common Career Paths for Leasing Manager/Property


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Property Leasing Managers who transition into a Commercial Property Manager role may receive large pay increases as the latter position pays an average $56K per year. Becoming a Property Manager is, more often than not, the most common role that Property Leasing Managers move into when they're ready for the next step in their career. The average salary for the position is $42K. Another frequent advance is for Property Leasing Managers to assume an Assistant Property Manager role; in this role, workers often earn $36K.

Leasing Manager/Property Job Listings

Popular Skills for Leasing Manager/Property


Survey results imply that Property Leasing Managers put a diverse skill set to use. Most notably, skills in Property Management, Sales, Customer Service, and Social Media Marketing are correlated to pay that is above average. Those listing Customer Relations as a skill should be prepared for drastically lower pay. Social Media Marketing and Customer Service also typically command lower compensation. For most people, competency in Customer Service indicates knowledge of Sales.

Pay by Experience Level for Leasing Manager/Property

Pay by Experience for a Leasing Manager/Property has a positive trend. An entry-level Leasing Manager/Property with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 178 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Leasing Manager/Property with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 99 salaries. An experienced Leasing Manager/Property which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $43,000 based on 67 salaries. A Leasing Manager/Property with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 23 salaries.

Pay Difference by Location

National Average: $38,677

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

For Property Leasing Managers, New York provides a pay rate that is 38 percent greater than the national average. Property Leasing Managers will also find cushy salaries in Dallas (+32 percent), Seattle (+24 percent), Denver (+22 percent), and Philadelphia (+17 percent). In Houston, salaries are 13 percent below the national average and represent the lowest-paying market.

Leasing Manager/Property Reviews

Q: What is it like working as a Leasing Manager/Property?

Leasing Manager/Property in Pittsburgh:
"March 2015 Review."
Pros: I love working with the people I have become so close with. I feel like this is a family away from home. I have become invested in all of our residents and truly care about their comfort. I love meeting new people on a daily basis. These people are always keeping me on my toes. You never know what to expect.
Cons: There is no assigned description of my job. I never know if it is something I should be doing or someone else should handle. I have people stepping on my toes all the time.

Leasing Manager/Property in Cookeville:
"Feast And Famine."
Pros: I work in property management in a university town. Summer break and Christmas break between semesters are absolutely nuts. I require a degree of pressure to do my best and there is plenty of that. I enjoy the role I play in helping people find their next home. Frankly, I enjoy the amount of control I have over the properties and how they look and perform. The role I play helps feed my ego.
Cons: I dislike: Some evictions. Delivering bad news to someone's front door. How frustrating it can be dealing with entitled tenants. How few real laws there are governing my job.

Related Job Salaries

Key Stats for Leasing Manager/Property

Gender

Female
77 %
Male
23 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
Less than 1 year
4%
1-4 years
44%
5-9 years
26%
10-19 years
18%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Leasing Manager/Property Salaries

▲11%

▲11%

▲9%

National Average
$39,000

▼7%

Skills That Affect Leasing Manager/Property Salaries


National Average
$39,000

▼2%



Customer Relations
▼30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
4%
1-4 years
44%
5-9 years
26%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 52%
vision benefits
Vision: 43%
no benefits
None: 30%
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