How much does an Area Residential Property Manager make in the United States? The average Area Residential Property Manager salary in the United States is $132,327 as of May 28, 2024, but the range typically falls between $117,811 and $152,393. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Area Residential Property Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Area Residential Property Manager Salary $104,595 US May 28, 2024
25th Percentile Area Residential Property Manager Salary $117,811 US May 28, 2024
50th Percentile Area Residential Property Manager Salary $132,327 US May 28, 2024
75th Percentile Area Residential Property Manager Salary $152,393 US May 28, 2024
90th Percentile Area Residential Property Manager Salary $170,663 US May 28, 2024
25% $117,811 10% $104,595 90% $170,663 75% $152,393 $132,327 50%(Median) Didn’t find job title? Click
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Job Description for Area Residential Property Manager

Area Residential Property Manager leads residential property management activities in a given geographic area to maximize sales, profitability, and tenant satisfaction. Develops and implements operational policies. Being an Area Residential Property Manager trains and manages individual property managers. Ensures that properties meet established quality standards. Additionally, Area Residential Property Manager may support marketing and investor relations. May handle escalated tenant matters. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. The Area Residential Property Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Area Residential Property Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Area Residential Property Manager
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Career Path for Area Residential Property Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Area Residential Property Manager, the first career path typically progresses to Vice President of Commercial Property Management.

Additionally, the second career path typically progresses to Vice President of Residential Property Management.

Those that have already made the climb...
James L. Brat, Chief Operations Officer, General Counsel and Secretary
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries... More
Fiscal Year Ended in 2022
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Area Residential Property Manager salary varies from city to city. Compared with national average salary of Area Residential Property Manager, the highest Area Residential Property Manager salary is in San Francisco, CA, where the Area Residential Property Manager salary is 25.0% above. The lowest Area Residential Property Manager salary is in Miami, FL, where the Area Residential Property Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Area Residential Property Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
117811
152393
132327

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
129579
187839
153066
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Area Residential Property Manager in the United States. The base salary for Area Residential Property Manager ranges from $117,811 to $152,393 with the average base salary of $132,327. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $129,579 to $187,839 with the average total cash compensation of $153,066.
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For a real-time salary target, tell us more about your role in the four categories below.

117811
152393

 

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View the Cost of Living in Major Cities

Skills associated with Area Residential Property Manager: Real Estate Management, Budget Administration, Operations Management, Business Development ...More

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Area Residential Property Manager Salary in United States
Area Residential Property Manager Salary Graph, Regional Distribution and Summary