How much does a Residential Property Manager III make hourly in the United States? The average hourly wage for a Residential Property Manager III in the United States is $43 as of January 29, 2021, but the range typically falls between $37 and $50. Hourly rate 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 III
Residential Property Manager III manages the daily operations of one or more larger or more complex residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Being a Residential Property Manager III manages property budgets, collections and/or property improvement initiatives. May supervise lower-level property managers. Additionally, Residential Property Manager III typically requires a bachelor's degree in related area or equivalent. Typically reports to a head of a unit/department. The Residential Property Manager III typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Residential Property Manager III typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2021 Salary.com)... View full job description
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Fiscal Year Ended in 2018
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These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Residential Property Manager III in the United States. The average hourly rate for Residential Property Manager III ranges from $37 to $50 with the average hourly pay of $43. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $41 to $61 with the average total hourly cash compensation of $50.