Average Residential Property Manager Salary

$45,706
Avg. SalaryShow Hourly Rate
$1,569
Bonus
$3,473
Commission
$600
Profit Sharing
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The average salary for a Residential Property Manager is $45,706.
10%
$29k
MEDIAN
$46k
90%
$72k
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United States (change)
Salary
$29k - $72k
Bonus
$197 - $10k
Profit Sharing
$0 - $5k
Commission
$1k - $10k
Total Pay
$25k - $68k

Your Market Worth Over Time

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Job Description for Residential Property Manager

Residential 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 Residential Property Manager

3.9 out of 5
(150)
Highly Satisfied
20Reviews

Popular Employer Salaries for Residential Property Manager

The top respondents for the job title Residential Property Manager are from the companies FirstService Residential, Seattle Housing Authority and Mullally Development. Reported salaries are highest at Seattle Housing Authority where the average pay is $74,988. Other companies that offer high salaries for this role include FirstService Residential, earning around $60,000. Mullally Development pays the lowest at around $54,500. Property Management, Inc. also pays on the lower end of the scale, paying $55,500.

Residential Property Manager Job Listings

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Popular Skills for Residential Property Manager

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

Pay by Experience Level for Residential Property Manager

An entry-level Residential Property Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $33,840 based on 15 salaries. An early career Residential Property Manager with 1-4 years of experience earns an average total compensation of $43,255 based on 266 salaries. A mid-career Residential Property Manager with 5-9 years of experience earns an average total compensation of $45,721 based on 211 salaries. An experienced Residential Property Manager with 10-19 years of experience earns an average total compensation of $48,707 based on 212 salaries. In their late career (20 years and higher), employees earn an average total compensation of $50,156.
Employees with Residential Property Manager in their job title in New York, New York earn an average of 72.0% more than the national average. These job titles also find higher than average salaries in San Diego, California (12.5% more) and Seattle, Washington (9.2% more). The lowest salaries can be found in Sacramento, California (32.2% less), Portland, Oregon (21.2% less) and Los Angeles, California (19.0% less).

Years of Experience

This data is based on 813 survey responses.
Entry Level
1.8%
Early Career
32.7%
Mid Career
26.0%
Experienced
26.1%
Late Career
13.4%