Average Property Manager Salary

$49,784
Avg. SalaryShow Hourly Rate
$2,926
Bonus
$3,359
Commission
$1,171
Profit Sharing
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The average salary for a Property Manager is $49,784.
10%
$33k
MEDIAN
$50k
90%
$74k
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United States (change)
Salary
$33k - $74k
Bonus
$417 - $10k
Profit Sharing
$0 - $7k
Commission
$679 - $10k
Total Pay
$29k - $74k
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Job Description for Property Manager

Property Manager Tasks
  • Process evictions.
  • Supervise on-site staff and coordinates repairs and maintenance.
  • Process leases, collect rent, make bank deposits, verify income and maintain waiting list.
  • Ensure compliance with HUD, TCAC or other regulations.

Job Satisfaction for Property Manager

3.9 out of 5
(2,523)
Highly Satisfied
229Reviews
The top respondents for the job title Property Manager are from the companies Property Management, Inc., Greystar and Lincoln Property Company. Reported salaries are highest at Cushman & Wakefield, Inc. where the average pay is $75,923. Other companies that offer high salaries for this role include Lincoln Property Company and Colliers International, earning around $67,749 and $64,829, respectively. Property Management, Inc. pays the lowest at around $43,745. FPI Management, Inc. and Pinnacle Management also pay on the lower end of the scale, paying $54,408 and $59,322, respectively.

Property Manager Job Listings

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Popular Skills for Property Manager

Skills in Property Management, Budget Management and Operations Management are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations and Customer Service.

Pay by Experience Level for Property Manager

An entry-level Property Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $40,265 based on 315 salaries. An early career Property Manager with 1-4 years of experience earns an average total compensation of $44,888 based on 4,180 salaries. A mid-career Property Manager with 5-9 years of experience earns an average total compensation of $50,156 based on 3,317 salaries. An experienced Property Manager with 10-19 years of experience earns an average total compensation of $53,935 based on 3,671 salaries. In their late career (20 years and higher), employees earn an average total compensation of $57,682.
Employees with Property Manager in their job title in New York, New York earn an average of 36.0% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (21.1% more) and Dallas, Texas (16.6% more).

Years of Experience

This data is based on 13,106 survey responses.
Entry Level
2.4%
Early Career
31.9%
Mid Career
25.3%
Experienced
28.0%
Late Career
12.4%