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How much does a Property Manager make?

The average salary for a Property Manager is $55,211 per year in the US.

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.

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What are the highest paying cities for a Property Manager?

Property managers often find high salaries in major cities. Boston, San Francisco, and Washington, DC, lead the pack with the top average salaries. Stamford, Chicago, and Seattle also offer attractive pay for those in the field. Other cities like Stockton, San Jose, and Providence offer good compensation as well. Job seekers may consider these locations for better earning potential. Being in high-demand cities can mean a more lucrative career.
Graph displaying highest paying cities salaries for Property Manager jobs, highlighting Boston, MA with the highest at $75,397 and Providence, RI with the lowest at $65,941.
  1. 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.
    Find Property Manager jobs in Boston, MA


  2. 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.
    Find Property Manager jobs in San Francisco, CA


  3. 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.
    Find Property Manager jobs in Washington, DC


  4. 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.
    Find Property Manager jobs in Stockton, CA


  5. 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.
    Find Property Manager jobs in Stamford, CT


  6. 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.
    Find Property Manager jobs in Chicago, IL


  7. 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.
    Find Property Manager jobs in Seattle, WA


  8. 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.
    Find Property Manager jobs in Miami, FL


  9. 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.
    Find Property Manager jobs in San Jose, CA


  10. 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.
    Find Property Manager jobs in Providence, RI

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

BXP offers one of the highest salaries for Property Managers, paying an average of $109,817. Prologis is close behind, with an average salary of $105,937. These top companies value their managers and offer competitive pay. Kidder Mathews and Blue Star Limited also offer strong salaries for Property Managers, with averages of $102,813 and $97,500, respectively. Marquis Association Management and Welltower, Inc offer $96,923 and $94,686, respectively. These companies recognize the important role Property Managers play.
Graph displaying best paying company salaries for Property Manager jobs, highlighting BXP with the highest at $109,817 and CBRE with the lowest at $92,827.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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:

  1. Obtain Certifications: Getting professional certifications can lead to higher-paying roles.
  2. Improve Skills: Mastering property management software and financial tools can increase efficiency.
  3. Network: Building connections with other industry professionals can lead to better job opportunities.
  4. Manage Larger Portfolios: Taking on bigger and more complex properties often results in higher pay.
  5. Stay Informed: Keeping up with market trends and property laws ensures competitiveness.

Currently 5,305 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.
Position
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Property Manager
5,305 Job Openings