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Residential Property Manager III Salary in the United States

How much does a Residential Property Manager III make in the United States?

As of August 01, 2026, the average salary for a Residential Property Manager III in the United States is $98,712 per year, which breaks down to an hourly rate of $47.

However, a Residential Property Manager III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $127,886
  • Majority Range (25th-75th percentile): $92,754 to $113,983
  • Entry-Level (10th percentile): $87,330
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Residential Property Manager III Salaries

A Residential Property Manager III'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 and company size can directly affect your earning potential.

How Experience Level Affects Residential Property Manager III Salaries?

Experience is a primary driver of a Residential Property Manager III'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:

  • Residential Property Manager I (3-5 years): $77,870
  • Residential Property Manager II (5+ years): $86,550
  • Residential Property Manager III (5+ years): $98,712
  • Area Residential Property Manager (5+ years): $134,111
  • Vice President of Residential Property Management (5+ years): $198,758
Job Role Years of Experience Average Salary
Residential Property Manager I3-5 years$77,870
Residential Property Manager II5+ years$86,550
Residential Property Manager III5+ years$98,712
Area Residential Property Manager5+ years$134,111
Vice President of Residential Property Management5+ years$198,758
View as Graph

How Do Residential Property Manager IIIs Salaries Vary from State to State?

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 Residential Property Manager IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $109,294.
  • California: $108,879.
  • Massachusetts: $107,428.

Top Paying Cities for Residential Property Manager III

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $124,505
  • San Francisco: $123,142
  • Oakland: $120,547

What Skills Can Increase a Residential Property Manager III's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 11.39% Job Postings): 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.
  • ARM (Mentioned in 1.83% Job Postings): ARM is a family of reduced instruction set computer instruction set architectures for computer processors, configured for various environments.
  • Vendor Relationships (Mentioned in 0.97% Job Postings): Vendor relations are supplier-buyer relationships supported by contracts and buyer-implemented management strategies
Skills Demand Percentage
Customer Service 11.39%
ARM 1.83%
Vendor Relationships 0.97%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Residential Property Manager III's salary.

  • Troubleshooting: Can increase your salary by up to 9%.
  • Auditing: Can increase your salary by up to 7%.
  • Resident Service: Can increase your salary by up to 6%.
Skill Salary Salary % Increase
Troubleshooting $107,596
9%
Auditing $105,622
7%
Resident Service $104,635
6%
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Residential Property Manager III Salary by Company Size: Startups vs. Enterprise

Residential Property Manager III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $105,302. While startup companies pay approximate $89,309.

Residential Property Manager III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $89,309
Growth Stage 51~500 $94,401
Established 501~5000 $101,753
Enterprise 5000+ $105,302

Residential Property Manager III Salary by Industry: Top Paying Sectors

For Residential Property Manager III roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Edu., Gov't. & Nonprofit and Construction sectors offer the strongest compensation, at 30% above the average. In contrast, Residential Property Manager positions in Financial Services or Business Services typically offer lower base pay, as these industries often view Residential Property Manager III as a support function rather than a direct revenue driver.

The top paying industries for a Residential Property Manager III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Edu., Gov't. & Nonprofit$128,326$62.030%
Construction$118,454$57.020%

Residential Property Manager III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Residential Property Manager III'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 August 01, 2026
$92,754
Average $98,712/year
$113,983
$7,730
Average $8,226/month
$9,499
$1,784
Average $1,898/week
$2,192
$45
Average $47/hour
$55
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $113,983 $9,499 $2,192 $55
Average $98,712 $8,226 $1,898 $47
25th Percentile $92,754 $7,730 $1,784 $45

Residential Property Manager III Salary Growth & Career Path

Residential Property Manager III

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Residential Property Manager III, 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
Area Commercial Property Manager $177,534 80%
Area Residential Property Manager $134,111 36%

Most common benefits for Residential Property Manager III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Residential Property Manager III

Here are companies hiring for Residential Property Manager III and their salaries, click below for more details.

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FAQ about Residential Property Manager III

1. Where can a Residential Property Manager III earn the most?

A Residential Property Manager III'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 Residential Property Manager III earns the most in San Jose, CA, where the annual salary of a Residential Property Manager III is $124,505.

2. What is the highest pay for Residential Property Manager III?

The highest pay for Residential Property Manager III is $127,886.

3. What is the lowest pay for Residential Property Manager III?

The lowest pay for Residential Property Manager III is $87,330.

4. What are the responsibilities of 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. Manages property budgets, collections and/or property improvement initiatives. May supervise lower-level property managers. Typically requires a bachelor's degree in related area or equivalent. Typically reports to a head of a unit/department. 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. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

5. What industry pays the highest salary for Residential Property Manager III?

The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Residential Property Manager III roles, with salaries approximately 30% above the market median.

Where Does Our Salary Data Come From?

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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