How much does a Property Manager make?
Property managers oversee residential and commercial properties. This role includes renting out spaces, handling maintenance, and making sure everything runs smoothly. Their salaries reflect their responsibilities. The average yearly salary for a property manager is about $57,160. This figure can change based on experience, location, and the type of property managed.
Here are some details about property managers' salaries:
- The bottom 10% earn around $32,098 annually.
- The top 10% earn close to $111,568 each year.
- Most property managers fall in the middle, earning between $46,547 and $68,220 annually.
What are the highest paying cities for a Property Manager?

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Boston, MA
Average Salary: $81,971
Managing properties in Boston can be both exciting and rewarding. The city's rich history and vibrant culture provide a dynamic backdrop for real estate management. Companies like State Street and Liberty Mutual offer diverse opportunities.
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San Francisco, CA
Average Salary: $76,420
In San Francisco, a property manager enjoys a bustling urban environment. The city’s tech industry creates a high demand for residential and commercial spaces. Giants like Google and Salesforce shape the landscape.
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Washington, DC
Average Salary: $76,300
Working in Washington, DC means being at the heart of political and business activities. Property managers here deal with a mix of government and private sector properties. Companies like Marriott and Fannie Mae are prominent employers.
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Stamford, CT
Average Salary: $74,469
Stamford offers a blend of urban and suburban charm. As a property manager, you'll handle a variety of properties with easy access to New York City. Financial firms like AXA and Charter Communications are key players.
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Chicago, IL
Average Salary: $73,312
Chicago's dynamic property market provides exciting opportunities. The city’s diverse neighborhoods offer unique challenges and rewards. Major employers like JPMorgan Chase and Boeing need skilled property management.
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Seattle, WA
Average Salary: $72,569
Seattle’s property market thrives on innovation and growth. The tech scene and vibrant community create a lively environment. Companies like Amazon and Microsoft drive the demand for quality property management.
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Stockton, CA
Average Salary: $71,714
Stockton offers a more relaxed but still vibrant property management scene. The city's agricultural roots provide a stable market. Local companies like Save Mart and Pacific Gas & Electric offer solid opportunities.
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Providence, RI
Average Salary: $70,807
Providence presents a mix of historic charm and modern growth. As a property manager, you’ll balance maintaining older properties with developing newer ones. Key employers include CVS Health and Blue Cross Blue Shield.
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San Jose, CA
Average Salary: $69,807
San Jose, the heart of Silicon Valley, offers a fast-paced property market. The tech boom drives demand for both residential and commercial properties. Companies like Intel and Cisco Systems are major players.
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Atlanta, GA
Average Salary: $69,285
Atlanta’s growing economy creates a robust property market. The city’s blend of business and leisure attracts a diverse property portfolio. Major companies like Coca-Cola and Delta Air Lines drive the demand for property management.
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What are the best companies a Property Manager can work for?

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Newmark
Average Salary: $120,793
Newmark is a leading real estate services firm. Property Managers here handle various properties in major U.S. cities. Locations include New York, San Francisco, and Los Angeles. They focus on maximizing property value and tenant satisfaction.
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Prologis
Average Salary: $114,172
Prologis specializes in logistics real estate. They provide Property Manager roles in many parts of the U.S. and around the world. They focus on properties like warehouses and distribution centers. Locations include major cities in the U.S. and abroad.
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BCXP
Average Salary: $112,165
BCXP offers Property Management services for commercial properties. They operate in key cities across the U.S., including Chicago and Miami. Their team manages properties to ensure high tenant retention and satisfaction.
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Kidder Mathews
Average Salary: $109,333
Kidder Mathews focuses on commercial real estate. They provide Property Manager positions in cities like Boston and San Diego. Their role includes overseeing property maintenance and tenant relations.
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King County Housing Authority
Average Salary: $107,914
The King County Housing Authority manages affordable housing. They offer Property Manager jobs in the Seattle area. Their role involves ensuring that housing meets community needs and maintains high standards.
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Hines
Average Salary: $106,125
Hines is a global real estate firm. They provide Property Manager roles in many U.S. cities. Their team works on both commercial and residential properties, ensuring they meet high standards.
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Thomas Property Management
Average Salary: $105,469
Thomas Property Management focuses on residential properties. They offer Property Manager jobs in cities like Dallas and Atlanta. Their role includes tenant management and property maintenance.
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BH Properties
Average Salary: $105,107
BH Properties manages residential properties. They offer Property Manager jobs in cities like Minneapolis and Phoenix. Their focus is on tenant satisfaction and property upkeep.
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Marquis Association Management
Average Salary: $105,071
Marquis Association Management provides Property Manager jobs in various cities. They focus on managing condominium and homeowner associations. Locations include major cities in the U.S.
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Picht & Sons Real Estate
Average Salary: $105,000
Picht & Sons Real Estate offers Property Manager roles in the San Francisco Bay Area. They manage both commercial and residential properties. Their focus is on tenant relations and property maintenance.
How to earn more as a Property Manager?
A Property Manager can earn more by focusing on several key areas. Prioritizing ongoing education and certification helps improve skills and knowledge. This opens doors to higher-paying positions. Networking with other professionals and attending industry events can lead to lucrative job opportunities. Taking on additional responsibilities can also increase earning potential.
Moreover, understanding the market and staying updated with trends allows for better decision-making. This can lead to higher property values and increased income. Efficient tenant management and property maintenance reduce vacancies and increase rental income. Here are some factors to consider for earning more as a Property Manager:
- Obtain relevant certifications and continue education.
- Expand your professional network and attend industry events.
- Take on more responsibilities and seek promotions.
- Stay informed about market trends and best practices.
- Enhance tenant management and property maintenance skills.



