The average salary for an Early-Career Residential Property Manager with Project Management skills is $43,150.
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Job Description for Residential Property Manager
A residential property manager is typically employed by a property owner or real estate company to oversee a rental property or properties. Apartment and condominium complexes frequently have a residential manager working in an on-site office at the property. A property manager may also help with the day-to-day management of a group of smaller individual apartments or duplexes as well. The residential property manager acts as an agent for the landlord or leaseholder, helping to facilitate paymen…Read more
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.
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Popular Skills for Residential Property Manager
Skills in Operations Management are correlated to pay that is above average. Skills that pay less than market rate include Budget Management, People Management, Customer Service and Property Management.
Pay by Experience Level for Residential Property Manager
A mid-career Residential Property Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $50,387 based on 37 salaries. An experienced Residential Property Manager with 10-19 years of experience earns an average total compensation of $55,902 based on 43 salaries. In their late career (20 years and higher), employees earn an average total compensation of $54,495.
Years of Experience
This data is based on 91 survey responses.
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