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Salary

How much does a Property Manager make?

The average salary for a Property Manager is $53,633 per year in the US.

A Property Manager oversees residential or commercial properties. They handle everything from leasing to maintenance. This job can be rewarding, both in terms of job satisfaction and salary. The average yearly salary for a Property Manager is around $53,633. This figure can vary based on experience, location, and the type of property managed.

Property Managers often see their earnings increase with more experience. Entry-level managers might start around $31,000 per year. As they gain more experience, their salary can rise significantly. Top earners in this field can make over $97,000 annually. This range shows that with dedication and skill, Property Managers can achieve a good income.

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What are the highest paying cities for a Property Manager?

Property managers in Boston, MA, enjoy one of the highest average salaries at $73,626. San Francisco, CA, follows closely with an average salary of $73,298. These cities offer competitive pay for those in the property management field.
Graph displaying highest paying cities salaries for Property Manager jobs, highlighting Boston, MA with the highest at $73,626 and San Jose, CA with the lowest at $65,357.
  1. Boston, MA
    Average Salary: $73,626
    In Boston, managing properties offers a dynamic environment with a mix of historic and modern buildings. Companies like Boston Properties and Beacon Hill Property Management provide excellent opportunities for growth.
    Find Property Manager jobs in Boston, MA


  2. San Francisco, CA
    Average Salary: $73,298
    San Francisco presents a unique challenge with its high cost of living. Property managers here work with top firms like Greystar and AvalonBay Communities, ensuring smooth operations in a competitive market.
    Find Property Manager jobs in San Francisco, CA


  3. Stockton, CA
    Average Salary: $70,357
    Stockton offers a more relaxed pace with a growing real estate market. Working with local firms, property managers can enjoy a balanced lifestyle while managing properties.
    Find Property Manager jobs in Stockton, CA


  4. Stamford, CT
    Average Salary: $69,245
    Stamford provides a professional setting with a strong focus on corporate properties. Companies like Prologis and CBRE offer stable environments for property managers.
    Find Property Manager jobs in Stamford, CT


  5. Washington, DC
    Average Salary: $67,675
    In Washington, DC, managing properties means dealing with a diverse range of buildings. Firms like National Realty and Avalon offer dynamic roles in a vibrant city.
    Find Property Manager jobs in Washington, DC


  6. Seattle, WA
    Average Salary: $67,551
    Seattle's property management scene is vibrant with a mix of urban and natural settings. Working with companies like Lincoln Property Company and Colliers International, managers can enjoy a unique work environment.
    Find Property Manager jobs in Seattle, WA


  7. Providence, RI
    Average Salary: $67,350
    Providence offers a smaller city feel with a strong community focus. Property managers here work with local firms, enjoying a close-knit professional environment.
    Find Property Manager jobs in Providence, RI


  8. Chicago, IL
    Average Salary: $66,338
    Chicago provides a bustling urban setting with a variety of properties. Companies like Equity Residential and JLL offer exciting opportunities for growth and development.
    Find Property Manager jobs in Chicago, IL


  9. Miami, FL
    Average Salary: $65,467
    Miami's property management scene is vibrant with a mix of luxury and affordable housing. Working with firms like Related Group and Turnberry Associates, managers can enjoy a dynamic and diverse market.
    Find Property Manager jobs in Miami, FL


  10. San Jose, CA
    Average Salary: $65,357
    San Jose offers a tech-driven environment with a growing real estate market. Property managers here work with companies like Brookfield Properties and Marcus & Millichap, enjoying a fast-paced and innovative setting.
    Find Property Manager jobs in San Jose, CA

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

Property managers can find excellent opportunities with top-paying companies. AKAM Associates, Inc offers an average salary of $122,800. BXP and Bisnow also provide competitive pay, with averages around $116,000 and $112,000 respectively. These companies value skilled property managers and offer attractive compensation packages.
Graph displaying best paying company salaries for Property Manager jobs, highlighting AKAM Associates, Inc with the highest at $122,800 and JLL with the lowest at $90,648.
  1. AKAM Associates, Inc
    Average Salary: $122,800
    AKAM Associates, Inc offers Property Manager jobs with a focus on commercial real estate. They operate in various locations across the United States, providing opportunities for growth and development.


  2. BXP
    Average Salary: $116,459
    BXP is a leading real estate investment trust. They offer Property Manager jobs with a focus on high-quality properties. BXP operates in major cities across the country, offering diverse and dynamic work environments.


  3. Bisnow
    Average Salary: $112,381
    Bisnow provides Property Manager jobs with a focus on commercial and residential properties. They operate in several key markets, offering a range of opportunities for professionals in the field.


  4. Prologis
    Average Salary: $103,529
    Prologis is a global leader in logistics real estate. They offer Property Manager jobs with a focus on industrial properties. Prologis operates in multiple countries, providing a global perspective on real estate management.


  5. Kidder Mathews
    Average Salary: $101,591
    Kidder Mathews offers Property Manager jobs with a focus on commercial real estate. They operate in major metropolitan areas, providing opportunities for career advancement and professional growth.


  6. Avison Young
    Average Salary: $99,258
    Avison Young provides Property Manager jobs with a focus on investment properties. They operate in various cities across the United States, offering a range of opportunities for real estate professionals.


  7. King County Housing Authority
    Average Salary: $94,797
    King County Housing Authority offers Property Manager jobs with a focus on affordable housing. They operate in King County, Washington, providing opportunities to make a positive impact in the community.


  8. Welltower, Inc
    Average Salary: $92,005
    Welltower, Inc offers Property Manager jobs with a focus on senior housing. They operate in multiple states, providing opportunities for professionals in the healthcare real estate sector.


  9. Realty Income Corporation
    Average Salary: $90,911
    Realty Income Corporation provides Property Manager jobs with a focus on commercial real estate. They operate in several key markets, offering a range of opportunities for real estate professionals.


  10. JLL
    Average Salary: $90,648
    JLL offers Property Manager jobs with a focus on commercial real estate. They operate in major cities worldwide, providing opportunities for career advancement and professional growth.

How to earn more as a Property Manager?

To increase your earnings as a Property Manager, consider these key factors. Focus on enhancing your skills and knowledge. Attend workshops and seminars to stay updated on industry trends. Certifications can also boost your credibility and salary. Networking with other professionals can open doors to higher-paying opportunities.

Another important factor is gaining experience. Start with a smaller portfolio and work your way up. Managing larger and more complex properties often comes with higher pay. Effective communication with tenants and property owners can lead to better property maintenance and higher rental income. Lastly, managing properties in high-demand areas can increase your earning potential. Researching and targeting these areas can lead to better financial rewards.

Here are some factors to consider for earning more:

  1. Enhance skills and knowledge.
  2. Gain certifications.
  3. Network with other professionals.
  4. Gain experience with larger properties.
  5. Target high-demand areas.

Currently 5,229 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
5,229 Job Openings