How much does a Residential Property Manager I make in the United States? The average Residential Property Manager I salary in the United States is $66,023 as of August 27, 2021, but the range typically falls between $58,938 and $74,340. 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.
Job Description for Residential Property Manager I
Residential Property Manager I manages the daily operations of one or more residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Being a Residential Property Manager I may be responsible for managing property budgets, collections and/or property improvement initiatives. May require a bachelor's degree in related area. Additionally, Residential Property Manager I typically reports to a head of a unit/department. The Residential Property Manager I supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Residential Property Manager I typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2021 Salary.com)... View full job description
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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 Residential Property Manager I in the United States. The base salary for Residential Property Manager I ranges from $58,938 to $74,340 with the average base salary of $66,023. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,981 to $87,723 with the average total cash compensation of $73,691.