How much does a Property Manager make in the United States? The average Property Manager salary in the United States is $104,942 as of July 26, 2022, but the range typically falls between $86,943 and $120,382. 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.
Property Manager 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. Being a Property Manager develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. Additionally, Property Manager may initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. The Property Manager 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. To be a Property Manager 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. (Copyright 2022 Salary.com)... View full job description
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Fiscal Year Ended in 2020
What does a Property Manager do?
Property Manager in Lexington, KY
A good property manager can help you set the right rental rate that helps balance maximum monthly income while maintaining a low vacancy rate.
December 17, 2019
Property Manager in Santa Ana, CA
In addition, if your units are spread across multiple properties, you will spend even more time managing the cash flow of each individual property, as well as physically commuting from property to property to handle issues.
December 02, 2019
Property Manager in Raleigh, NC
A property manager works for landlords, handling the day-to-day details of running a building.
Browse Related Job Categories With Property Manager
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Understand the total compensation opportunity for a Property Manager, base salary plus other pay elements
Average Base Salary
Average Total Cash Compensation
Includes base and annual incentives
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Property Manager in the United States. The base salary for Property Manager ranges from $86,943 to $120,382 with the average base salary of $104,942. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $90,949 to $130,474 with the average total cash compensation of $110,453.