The average salary for a Residential Property Manager with People Management skills is $44,251.
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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 Property Management, Budget Management, Project Management and Operations Management are correlated to pay that is above average. Skills that pay less than market rate include Customer Service.
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 $32,911 based on 8 salaries. An early career Residential Property Manager with 1-4 years of experience earns an average total compensation of $40,036 based on 105 salaries. A mid-career Residential Property Manager with 5-9 years of experience earns an average total compensation of $44,840 based on 61 salaries. An experienced Residential Property Manager with 10-19 years of experience earns an average total compensation of $48,166 based on 69 salaries. In their late career (20 years and higher), employees earn an average total compensation of $55,000.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Residential Property Manager in their job title in New York, New York earn an average of 72.4% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (32.2% more) and Austin, Texas (13.0% more). The lowest salaries can be found in San Diego, California (20.8% less), Portland, Oregon (18.6% less) and Los Angeles, California (16.2% less).
Years of Experience
This data is based on 276 survey responses.
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