How much does a Property Manager make?
A property manager plays a key role in the real estate industry. This job involves handling residential or commercial properties. It includes finding tenants, maintaining the property, and ensuring that everything runs smoothly. The average yearly salary for property managers stands at $57,037. This figure can change based on experience, location, and the size of the properties managed.
The salary of a property manager can vary. Many managers earn between $32,150 and $89,661 per year. This range shows how diverse the income can be. Managers in larger cities or those with more experience often earn more. Those who work in growing areas or with high-value properties may see higher salaries as well. Understanding these figures helps job seekers set realistic goals and expectations for their career path.
What are the highest paying cities for a Property Manager?

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Boston, MA
Average Salary: $81,520
In Boston, a role in property management offers the chance to oversee properties in a historic, vibrant city. Key companies like Greystar and Boston Properties often seek skilled managers for their properties. Job-seekers can expect a dynamic environment with plenty of growth opportunities.
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San Francisco, CA
Average Salary: $75,598
San Francisco provides a unique setting for property managers. The high cost of living calls for skilled professionals who can manage rental properties efficiently. Companies like Related Management and Brookfield Properties are prominent in the market, making it a lucrative place for those in the field.
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Washington, DC
Average Salary: $75,577
Working in Washington, DC as a property manager means managing properties in a bustling urban area. With companies like Vornado Realty Trust and PMA Management, there are ample opportunities for career advancement. The political environment adds a layer of interest for those managing commercial properties.
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Stockton, CA
Average Salary: $75,100
Stockton offers a balanced approach to property management, with a mix of residential and commercial properties. Job-seekers can find opportunities with companies like Keller Williams and Meritage Homes, enjoying a more laid-back atmosphere while contributing to the community's growth.
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Stamford, CT
Average Salary: $74,545
In Stamford, property managers often find themselves overseeing properties in a growing tech hub. The presence of companies such as CBRE and Avison Young offers diverse challenges. Job-seekers can expect a professional environment with a strong focus on community and development.
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Chicago, IL
Average Salary: $72,793
Chicago provides a rich landscape for property management, with its blend of urban and suburban properties. Companies like JLL and Equity Residential offer diverse experiences. Job-seekers in Chicago can expect a fast-paced environment with lots of opportunities for professional development.
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Seattle, WA
Average Salary: $72,328
Seattle's property management scene is characterized by its diverse and thriving tech industry. Companies like Colliers International and Marcus & Millichap offer dynamic roles. Job-seekers in Seattle can enjoy the beauty of the Pacific Northwest while managing properties in a vibrant, growing market.
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San Jose, CA
Average Salary: $69,741
San Jose offers a unique setting for property managers, with its tech-heavy landscape. Companies like Grubb & Ellis and Realty Income Corporation provide opportunities to manage properties in a fast-paced environment. Job-seekers can expect a mix of residential and commercial challenges.
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Atlanta, GA
Average Salary: $68,840
Atlanta provides a diverse environment for property managers, with a mix of urban and suburban properties. Job-seekers can find opportunities with companies like Cousins Properties and Atlantic Realty. The city's growth offers plenty of opportunities for career advancement.
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Providence, RI
Average Salary: $68,809
In Providence, property managers often oversee properties in a historic and charming city. The presence of companies like The Carl Group and DRA Advisors offers a unique blend of challenges. Job-seekers can expect a friendly environment with plenty of opportunities to grow.
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What are the best companies a Property Manager can work for?

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Newmark
Average Salary: $117,183
Newmark offers exciting opportunities for Property Managers in key cities across the United States. They manage commercial and residential properties, ensuring everything runs smoothly. Newmark operates in major cities including New York, San Francisco, and Chicago.
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Prologis
Average Salary: $114,558
Prologis is known for its work in logistics and real estate. Property Managers here focus on managing large-scale industrial properties. They work in locations such as Los Angeles, Seattle, and Denver.
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BCXP
Average Salary: $114,419
At BCXP, Property Managers handle a variety of real estate projects. They work on both residential and commercial spaces. This company operates in cities like San Francisco, New York, and Austin.
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Kidder Mathews
Average Salary: $111,696
Kidder Mathews offers Property Managers roles in managing diverse property portfolios. They focus on delivering quality services to clients. Their locations include Boston, San Francisco, and New York.
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King County Housing Authority
Average Salary: $108,592
The King County Housing Authority provides Property Managers with opportunities to manage affordable housing. They ensure properties meet community needs. They operate primarily in the Seattle area.
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BH Properties
Average Salary: $106,100
BH Properties looks for Property Managers to handle luxury residential properties. They focus on maintaining high standards. They operate in cities such as San Francisco, New York, and Boston.
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Picht & Sons Real Estate
Average Salary: $105,000
Picht & Sons Real Estate offers Property Managers roles in residential property management. They focus on customer satisfaction and property maintenance. This company operates in Washington, D.C., and Maryland.
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Lincoln Property Company
Average Salary: $104,632
Lincoln Property Company provides Property Managers with opportunities in commercial and residential properties. They emphasize community engagement. They operate in cities such as San Francisco, Los Angeles, and Boston.
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Hines
Average Salary: $102,554
Hines offers Property Managers roles in managing office buildings, retail spaces, and residential properties. They focus on long-term property value. They operate in cities such as New York, San Francisco, and Washington, D.C.
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Marquis Association Management
Average Salary: $102,385
Marquis Association Management provides Property Managers with roles in managing condominium and homeowners associations. They focus on excellent customer service. They operate in cities such as San Francisco, New York, and Seattle.
How to earn more as a Property Manager?
A Property Manager can increase earnings by focusing on key areas that improve performance and efficiency. This professional role involves overseeing property assets and ensuring tenants are satisfied. Several strategies can lead to higher earnings in this field.
First, gaining more certifications can lead to higher-paying positions. Real estate and property management courses can open up more job opportunities. Certifications in management software or finance can also make a Property Manager more valuable. Second, experience counts. Working in the field for several years leads to better positions with higher pay. Managers who have overseen larger or more complex properties often earn more.
Expanding one's network can also lead to better job opportunities. Connecting with other property managers, real estate agents, and industry professionals can lead to higher-paying jobs. Attending industry events and joining professional organizations can help with this. Another factor is taking on more responsibilities. Managers who can handle tasks like maintenance, budgeting, and tenant relations may earn more. Finally, moving to areas with a higher cost of living can lead to higher salaries. These areas often require more skilled and experienced managers.
By focusing on these strategies, Property Managers can increase their earnings and job satisfaction.



