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How much does a Property Manager make?

The average salary for a Property Manager is $57,037 per year in the US.

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.

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What are the highest paying cities for a Property Manager?

Property managers can find some of the best pay in Boston, MA, where the average salary hits $81,520. This top spot highlights the city's strong demand for skilled professionals. In San Francisco, CA, and Washington, DC, property managers also enjoy high salaries at $75,598 and $75,577, respectively. In cities like Stockton, CA, and Stamford, CT, property managers see solid pay at $75,100 and $74,545. Other notable locations include Chicago, IL, Seattle, WA, San Jose, CA, Atlanta, GA, and Providence, RI. These cities offer competitive salaries, making them attractive for job seekers in the property management field.
Graph displaying highest paying cities salaries for Property Manager jobs, highlighting Boston, MA with the highest at $81,520 and Providence, RI with the lowest at $68,809.
  1. 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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  2. 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.
    Find Property Manager jobs in San Francisco, CA


  3. 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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  4. 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.
    Find Property Manager jobs in Stockton, CA


  5. 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.
    Find Property Manager jobs in Stamford, CT


  6. 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.
    Find Property Manager jobs in Chicago, IL


  7. 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.
    Find Property Manager jobs in Seattle, WA


  8. 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.
    Find Property Manager jobs in San Jose, CA


  9. 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.
    Find Property Manager jobs in Atlanta, GA


  10. 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.
    Find Property Manager jobs in Providence, RI

What are the best companies a Property Manager can work for?

Newmark leads the way as one of the best-paying companies for Property Managers, offering an average salary of around $117,183. Prologis and BCXP also provide excellent compensation, with average salaries near $114,558 and $114,419, respectively. Job seekers can expect competitive pay and benefits at top firms like Kidder Mathews and King County Housing Authority.
Graph displaying best paying company salaries for Property Manager jobs, highlighting Newmark with the highest at $117,183 and Marquis Association Management with the lowest at $102,385.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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.

Currently 5,568 Property Manager job openings, nationwide.

How's the job market for a Property Manager in the US?

Learn what a Property Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Property Manager today.
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Property Manager
5,568 Job Openings