Average Residential Property Manager Salary

$44,908
Avg. SalaryShow Hourly Rate
$1,539
Bonus
$3,084
Commission
$600
Profit Sharing
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The average salary for a Residential Property Manager is $44,908.
10%
$29k
10%
$45k
50%
$71k
90%
90%
MEDIAN $44,908
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United States (change)
Salary
$29k - $71k
Bonus
$175 - $10k
Profit Sharing
$0 - $5k
Commission
$1k - $10k
Total Pay
$26k - $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.

Popular Employer Salaries for Residential Property Manager

The top respondents for the job title Residential Property Manager are from the companies Seattle Housing Authority, FirstService Residential 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.

Career Paths

Explore the most common career paths for Residential Property Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Residential Property Manager
Property Manager
Regional Property Manager
Apartment Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Residential Property Manager Job Listings

Popular Skills for Residential Property Manager

Skills in Budget Management and Project Management are correlated to pay that is above average. Skills that pay less than market rate include People Management, 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 $36,848 based on 13 salaries. An early career Residential Property Manager with 1-4 years of experience earns an average total compensation of $41,706 based on 284 salaries. A mid-career Residential Property Manager with 5-9 years of experience earns an average total compensation of $45,161 based on 227 salaries. An experienced Residential Property Manager with 10-19 years of experience earns an average total compensation of $48,310 based on 228 salaries. In their late career (20 years and higher), employees earn an average total compensation of $50,404.
Employees with Residential Property Manager in their job title in New York, New York earn an average of 81.6% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (13.5% more) and San Diego, California (6.4% more). The lowest salaries can be found in Sacramento, California (31.0% less), Portland, Oregon (19.8% less) and Los Angeles, California (13.2% less).

Years of Experience

This data is based on 873 survey responses.
Entry Level
1.5%
Early Career
32.5%
Mid Career
26.0%
Experienced
26.1%
Late Career
13.9%