Property Manager Salaries

Updated on Jan 08, 2025
Position
Salary

How much does a Property Manager make?

The average salary for a Property Manager is $56,221 per year in the US.

Property Managers enjoy a rewarding salary that reflects their important role in the real estate industry. The average yearly salary for a Property Manager is around $56,221. However, the salary can vary based on experience, location, and property type.


At the lower end, new Property Managers may start with a salary of about $30,340. As they gain experience, some can earn up to $37,900 or $45,460. With more years in the field, salaries can rise significantly. For those with significant experience, salaries can reach $53,020, $60,580, or even as high as $68,140.


Highly experienced Property Managers can earn between $75,700 and $113,500, depending on their skills and the complexity of the properties they manage. This career not only offers a competitive salary, but also provides opportunities for growth and advancement within the industry.

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What are the highest paying cities for a Property Manager?

Boston, MA tops the list for Property Manager salaries, offering an average of $76,758. San Francisco, CA closely follows with an average salary of $76,211, showcasing the city's strong demand for property management professionals. Other notable high-paying cities include Stockton, CA and San Jose, CA, with salaries averaging $70,316 and $70,013, respectively.
Graph displaying highest paying cities salaries for Property Manager jobs, highlighting Boston, MA with the highest at $76,758 and San Diego, CA with the lowest at $66,067.
  1. Boston, MA
    Average Salary: $76,758
    Working in Boston offers a dynamic environment for those managing properties. The city is known for its historic sites and vibrant neighborhoods, with companies like Equity Residential operating a strong presence in the area.
    Find Property Manager jobs in Boston, MA


  2. San Francisco, CA
    Average Salary: $76,211
    In San Francisco, property management roles are vital in a city known for its tech innovation and high demand for housing. Many major property firms, such as Greystar, are based here, providing great opportunities to manage diverse properties.
    Find Property Manager jobs in San Francisco, CA


  3. Stockton, CA
    Average Salary: $70,316
    Stockton presents a unique opportunity for property management professionals due to its affordable housing market and growing population. The region has a range of residential properties, which are managed by companies like Pinnacle Property Management.
    Find Property Manager jobs in Stockton, CA


  4. San Jose, CA
    Average Salary: $70,013
    As the heart of Silicon Valley, San Jose offers property managers the chance to work with a tech-savvy clientele. Managing properties for notable firms, like KB Home, allows for interaction with a vibrant community.
    Find Property Manager jobs in San Jose, CA


  5. Stamford, CT
    Average Salary: $68,901
    Stamford boasts a rich real estate market with a mix of residential and commercial properties. Local firms like Building and Land Technology create a strong demand for skilled management professionals in the area.
    Find Property Manager jobs in Stamford, CT


  6. Washington, DC
    Average Salary: $68,619
    In Washington, D.C., property management roles come with the responsibility of overseeing historic buildings and modern apartments alike. Companies such as JBG Smith play an integral part in shaping the area’s housing landscape.
    Find Property Manager jobs in Washington, DC


  7. Chicago, IL
    Average Salary: $67,533
    Chicago offers a bustling market for property management professionals, managing a wide variety of residential buildings. Major players like AMLI Residential make this city a hub for exciting property opportunities.
    Find Property Manager jobs in Chicago, IL


  8. Seattle, WA
    Average Salary: $67,438
    Seattle is known for its booming real estate market, creating a high demand for property management expertise. With companies like Holland Partner Group, professionals can engage with a diverse range of urban housing.
    Find Property Manager jobs in Seattle, WA


  9. Miami, FL
    Average Salary: $66,804
    In Miami, property managers benefit from a vibrant, multicultural environment. The city's strong tourism industry and companies like Related Group make for exciting opportunities in managing luxury and vacation properties.
    Find Property Manager jobs in Miami, FL


  10. San Diego, CA
    Average Salary: $66,067
    San Diego offers a sunny environment for property management professionals, with a focus on coastal properties and urban apartments. Companies like Pacific Communities Builder provide ample chances for skilled managers to thrive.
    Find Property Manager jobs in San Diego, CA

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

For those seeking lucrative opportunities in property management, several top companies stand out. L.A. Financial Agency leads with an impressive average salary of $206,552, followed closely by PwC and EY, offering salaries of $186,622 and $179,300, respectively. Other notable companies like Whitman Business Advisors and Excellence Services, LLC, also provide competitive compensation, making these employers excellent targets for your job search.
Graph displaying best paying company salaries for Property Manager jobs, highlighting L.A.Financial Agency with the highest at $206,552 and The EMLIN GROUP, Ltd with the lowest at $116,786.
  1. L.A.Financial Agency
    Average Salary: $206,552
    L.A.Financial Agency offers property manager positions that stand out for their competitive salaries and strong benefits. The company operates mainly in Los Angeles, California, providing excellent opportunities for career growth.


  2. PwC
    Average Salary: $186,622
    PwC employs property managers across various locations, including major cities nationwide. The firm values innovation and offers a collaborative work environment, alongside a rewarding salary package.


  3. EY
    Average Salary: $179,300
    At EY, property managers work in a dynamic setting where creativity and leadership are crucial. The company is present in many cities, creating diverse opportunities for advancement and competitive pay.


  4. Whitman Business Advisors
    Average Salary: $155,217
    Whitman Business Advisors is known for its supportive culture for property managers. Operating in select markets, the firm provides competitive salaries and promotes professional development.


  5. Excellence Services, LLC
    Average Salary: $147,128
    Excellence Services, LLC offers unique opportunities for property managers, focusing on client satisfaction. This company operates mainly on the East Coast, providing competitive salaries and strong team support.


  6. Travelers
    Average Salary: $141,111
    Travelers values its property managers by offering excellent salary packages and career growth opportunities. With locations across the country, employees can find a variety of roles in a reputable environment.


  7. Carrington Mortgage
    Average Salary: $135,000
    Carrington Mortgage hires property managers who thrive in a fast-paced atmosphere. The company operates in multiple regions, focusing on professional excellence and attractive compensation.


  8. Thrive Real Estate Group
    Average Salary: $126,477
    Thrive Real Estate Group promotes property managers who are passionate about real estate. Operating in vibrant urban areas, the company values employee contributions and offers competitive salaries.


  9. Deloitte
    Average Salary: $123,993
    Deloitte provides property managers with a supportive work culture and opportunities to make a real impact. The firm operates in various major cities, offering competitive salary packages.


  10. The EMLIN GROUP, Ltd
    Average Salary: $116,786
    The EMLIN GROUP, Ltd focuses on excellent property management services. The company has several locations and offers its managers competitive salaries along with a strong team culture.

How to earn more as a Property Manager?

To increase your earnings as a Property Manager, focus on these key factors:
  • Gain Certifications: Earning certifications, such as Certified Property Manager (CPM) or Accredited Residential Manager (ARM), shows your expertise and can lead to higher pay.
  • Expand Your Network: Building relationships with real estate agents, landlords, and other managers can lead to new job opportunities and referrals.
  • Enhance Your Skills: Improve your knowledge in areas like marketing, finance, and tenant relations. Strong skills help you stand out and attract more clients.
  • Embrace Technology: Use property management software to streamline operations. Efficient management can lead to better tenant satisfaction and increased income.
  • Diversify Property Types: Managing different property types, such as residential, commercial, or vacation rentals, can bring more clients and higher fees.

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Currently 5,725 Property Manager job openings, nationwide!

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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
5,725 Job Openings