As of May 01, 2026, the average hourly rate for a Property Manager in the United States is $54, which translates to an annual salary of about $111,837.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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A Property Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Property Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Assistant Property Manager I | 0-2 years | $66,613 |
| Assistant Property Manager II | 2-4 years | $76,722 |
| Assistant Property Manager III | 4-7 years | $89,183 |
| Property Manager | 7+ years | $111,837 |
| Property Manager, Senior | 7+ years | $124,028 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Property Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 13.66% |
| Accounts Receivable | 1.7% |
| Financial Statements | 0.95% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Lease Administration
|
$120,784 |
8%
|
|
PowerPoint
|
$118,547 |
6%
|
|
Teamwork
|
$117,429 |
5%
|
|
Risk Management
|
$117,429 |
5%
|
|
Interviewing
|
$115,192 |
3%
|
|
Time Management
|
$115,192 |
3%
|
Your level of education can impact your salary potential. While many Property Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Property Manager with a Bachelor's Degree is between $107,058 and $116,132).
Property Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.4% |
| High School | 30.4% |
| Associates | 15.3% |
| Bachelors | 43.5% |
| Masters | 8.8% |
| Doctorate | 0.6% |
Understanding how a Property Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Salaries for a Property Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $95,244 in 2023 to around $95,252 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Property Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $95,244 |
| 2024 | $95,816 |
| 2025 | $95,252 |
| 2026 |
View More
|
| 2027 |
View More
|
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Compensation PlanningHere are companies hiring for Property Manager and their salaries, click below for more details.
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Manages the day-to-day operations for a property or portfolio of properties. Responsible for coordinating routine and emergency maintenance, selecting and managing contractors, and leading property improvement projects. Develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. May initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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