Average Property Manager Salary

$49,244
Avg. SalaryShow Hourly Rate
$2,901
Bonus
$3,068
Commission
$1,019
Profit Sharing
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The average salary for a Property Manager is $49,244.
10%
$33k
10%
$49k
50%
$74k
90%
90%
MEDIAN $49,244
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United States (change)
Salary
$33k - $74k
Bonus
$311 - $10k
Profit Sharing
$0 - $7k
Commission
$608 - $10k
Total Pay
$29k - $74k

Your Market Worth Over Time

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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.
The top respondents for the job title Property Manager are from the companies Property Management, Inc., Greystar and FPI Management, Inc.. Reported salaries are highest at Lincoln Property Company where the average pay is $63,750. Other companies that offer high salaries for this role include Greystar and Associa Ltd, earning around $61,916 and $55,114, respectively. Property Management, Inc. pays the lowest at around $44,583. Alliance Residential Company LLC and FPI Management, Inc. also pay on the lower end of the scale, paying $50,565 and $51,742, respectively.

Property Manager Job Listings

Popular Skills for Property Manager

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

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 $39,747 based on 1,405 salaries. An early career Property Manager with 1-4 years of experience earns an average total compensation of $44,109 based on 4,928 salaries. A mid-career Property Manager with 5-9 years of experience earns an average total compensation of $49,662 based on 4,197 salaries. An experienced Property Manager with 10-19 years of experience earns an average total compensation of $53,169 based on 4,073 salaries. In their late career (20 years and higher), employees earn an average total compensation of $56,937.
Employees with Property Manager in their job title in New York, New York earn an average of 31.8% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (21.5% more) and Dallas, Texas (17.8% more).

Years of Experience

This data is based on 16,081 survey responses.
Entry Level
8.7%
Early Career
30.6%
Mid Career
26.1%
Experienced
25.3%
Late Career
9.2%