How much does a Property Manager make?
A Property Manager earns an average yearly salary of $55,211. This role requires overseeing residential or commercial properties. The salary can vary based on experience, location, and the size of the properties managed.
Property Managers can expect to earn more with more experience and additional responsibilities. These professionals often work with tenants, handle maintenance, and manage budgets. Their skills in communication and problem-solving play a key role in their success. A good Property Manager can increase the value of a property and ensure smooth operations.
What are the highest paying cities for a Property Manager?

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Boston, MA
Average Salary: $75,397
In Boston, you'll find a vibrant market with a mix of historic buildings and modern developments. Major companies like CBRE and Colliers International offer exciting opportunities. Working in this city means managing properties in a dynamic environment.
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San Francisco, CA
Average Salary: $74,369
San Francisco presents a unique market with high property values. Companies such as Jones Lang LaSalle and Cushman & Wakefield handle many properties here. It’s a city where experience and adaptability are key.
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Washington, DC
Average Salary: $71,117
Managing properties in Washington, DC, means dealing with a mix of federal, local, and private properties. Firms like JLL and CBRE dominate the scene. The job offers diverse challenges and great networking opportunities.
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Stockton, CA
Average Salary: $70,515
Stockton offers a slower-paced market compared to larger cities. It’s a place where community connection is strong. Working here means managing a variety of properties with a focus on local engagement.
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Stamford, CT
Average Salary: $70,234
In Stamford, the market is steady with a mix of suburban and corporate properties. Companies like Real Estate Services and CBRE are prominent. It’s a place where efficiency and reliability are valued.
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Chicago, IL
Average Salary: $69,210
Chicago's market is robust with a mix of high-rise buildings and historic homes. Major firms like JLL and CBRE offer numerous opportunities. The job here is dynamic and fast-paced.
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Seattle, WA
Average Salary: $68,875
Seattle's market is vibrant, with a mix of tech-driven growth and natural beauty. Companies like Colliers International and CBRE are key players. Working here means managing properties in a progressive environment.
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Miami, FL
Average Salary: $67,033
Miami offers a lively market with a mix of luxury and beachfront properties. Companies such as Colliers International and Cushman & Wakefield are major players. The job here is exciting and full of opportunities.
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San Jose, CA
Average Salary: $66,391
San Jose’s market is fast-growing, with many tech companies needing property management. Firms like CBRE and Cushman & Wakefield dominate. It’s a place where innovation and efficiency are crucial.
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Providence, RI
Average Salary: $65,941
Providence offers a diverse market with historic properties and new developments. Companies like JLL and CBRE offer many opportunities. Working here means engaging with a variety of property types and markets.
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What are the best companies a Property Manager can work for?

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BXP
Average Salary: $109,817
BXP offers Property Manager jobs with a focus on commercial real estate. They operate in major cities across the U.S. Their properties include office buildings, retail spaces, and logistics centers.
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Prologis
Average Salary: $105,937
Prologis provides Property Manager jobs with an emphasis on industrial and logistics properties. They manage large warehouses and distribution centers in key locations across the country.
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Kidder Mathews
Average Salary: $102,813
Kidder Mathews offers Property Manager jobs with a variety of property types. They work on residential, commercial, and mixed-use properties. Their operations span several states.
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Blue Star Limited
Average Salary: $97,500
Blue Star Limited offers Property Manager jobs with a focus on residential and commercial properties. They operate mainly in urban areas, managing large apartment complexes and office buildings.
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Marquis Association Management
Average Salary: $96,923
Marquis Association Management offers Property Manager jobs that focus on community associations. They manage condominiums, co-ops, and HOAs across multiple locations.
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Welltower, Inc
Average Salary: $94,686
Welltower, Inc provides Property Manager jobs for healthcare-related properties. They manage senior living communities and healthcare facilities in several states.
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JLL
Average Salary: $94,654
JLL offers Property Manager jobs in commercial real estate. They manage office buildings, retail spaces, and logistics centers. Their properties are located in major metropolitan areas.
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Community Specialists
Average Salary: $93,091
Community Specialists offers Property Manager jobs with a focus on residential communities. They manage apartment complexes and condominiums in various cities.
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Related
Average Salary: $92,896
Related provides Property Manager jobs with a mix of residential and commercial properties. Their properties include apartment buildings, office spaces, and retail centers.
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CBRE
Average Salary: $92,827
CBRE offers Property Manager jobs across various sectors, including residential, commercial, and industrial properties. They manage properties in numerous cities across the U.S.
How to earn more as a Property Manager?
Maximizing earnings as a property manager involves more than overseeing tenants and maintaining properties. Property managers can increase their income through various strategies and skills. Gaining additional certifications, such as a Certified Property Manager (CPM) designation, can open doors to higher-paying positions. Gaining expertise in property management software and financial tools can also improve efficiency and effectiveness.
Networking with other professionals in the industry can lead to more job opportunities and higher salaries. Taking on roles that manage larger portfolios or more complex properties often comes with higher pay. Property managers who can demonstrate a track record of increasing property value and tenant retention may also find themselves in higher demand. Staying informed about market trends and property laws can ensure property managers remain competitive and valuable to employers.
Here are five key factors to help a property manager earn more:
- Obtain Certifications: Getting professional certifications can lead to higher-paying roles.
- Improve Skills: Mastering property management software and financial tools can increase efficiency.
- Network: Building connections with other industry professionals can lead to better job opportunities.
- Manage Larger Portfolios: Taking on bigger and more complex properties often results in higher pay.
- Stay Informed: Keeping up with market trends and property laws ensures competitiveness.



