As of March 01, 2026, the average salary for a Property Manager in the United States is $111,790 per year, which breaks down to an hourly rate of $54.
However, a Property Manager's salary can vary significantly. Here’s a look at the typical salary range:
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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 | $66,597 |
| Assistant Property Manager II | 2-4 years | $76,690 |
| Assistant Property Manager III | 4-7 years | $89,168 |
| Property Manager | 7+ years | $111,790 |
| Property Manager, Senior | 7+ years | $123,991 |
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
|
$120,733 |
8%
|
|
PowerPoint
|
$118,497 |
6%
|
|
Teamwork
|
$117,380 |
5%
|
|
Risk Management
|
$117,380 |
5%
|
|
Interviewing
|
$115,144 |
3%
|
|
Time Management
|
$115,144 |
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 March 01, 2026Promotions are the fastest way to increase your earnings. As a Property Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Commercial Property Manager III | $138,376 | 24% |
| Property Manager, Senior | $123,991 | 11% |
| Residential Property Manager III | $98,741 | -12% |
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Compensation PlanningHere are companies hiring for Property Manager and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Property Manager job openings on our job board. Use the search bar below to find your perfect match.
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A Property Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Property Manager earns the most in San Jose, CA, where the annual salary of a Property Manager is $141,001.
The highest pay for Property Manager is $138,781.
The lowest pay for Property Manager is $93,178.
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.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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