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Condominium manager vs apartment manager

The differences between condominium managers and apartment managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a condominium manager and an apartment manager. Additionally, a condominium manager has an average salary of $76,907, which is higher than the $40,520 average annual salary of an apartment manager.

The top three skills for a condominium manager include condo, customer service and financial statements. The most important skills for an apartment manager are property management, evictions, and bank deposits.

Condominium manager vs apartment manager overview

Condominium ManagerApartment Manager
Yearly salary$76,907$40,520
Hourly rate$36.97$19.48
Growth rate3%3%
Number of jobs4,17910,867
Job satisfaction-5
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 37%
Average age4848
Years of experience66

Condominium manager vs apartment manager salary

Condominium managers and apartment managers have different pay scales, as shown below.

Condominium ManagerApartment Manager
Average salary$76,907$40,520
Salary rangeBetween $52,000 And $111,000Between $23,000 And $70,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between condominium manager and apartment manager education

There are a few differences between a condominium manager and an apartment manager in terms of educational background:

Condominium ManagerApartment Manager
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Condominium manager vs apartment manager demographics

Here are the differences between condominium managers' and apartment managers' demographics:

Condominium ManagerApartment Manager
Average age4848
Gender ratioMale, 52.6% Female, 47.4%Male, 32.7% Female, 67.3%
Race ratioBlack or African American, 8.9% Unknown, 4.2% Hispanic or Latino, 16.8% Asian, 4.9% White, 64.6% American Indian and Alaska Native, 0.6%Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between condominium manager and apartment manager duties and responsibilities

Condominium manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Present management proposals to potential HOA accounts.
  • Interview and process potential rental applicants as well as annual and interim re-certifications for current tenants per HUD regulations.
  • Reinforce Homeowner/Condominium documents and rules and regulations as per association.

Apartment manager example responsibilities.

  • Live on-site, manage property and employees, payroll, purchasing, inventory, deposits, etc.
  • Accomplish financial objectives by collecting rents, accounts payable and receivable, payroll, and prepare annual budget.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Maintain all client accounts, post all move ins, late fees and any other charges on Yardi property database system.
  • Introduce property owner to YARDI, and other online property legal services.
  • Organized/Update files according to certification and adjust payments utilizing HUD formula.
  • Show more

Condominium manager vs apartment manager skills

Common condominium manager skills
  • Condo, 23%
  • Customer Service, 21%
  • Financial Statements, 19%
  • HOA, 8%
  • Condominiums, 8%
  • Real Estate, 7%
Common apartment manager skills
  • Property Management, 8%
  • Evictions, 7%
  • Bank Deposits, 5%
  • Rent Collection, 5%
  • Background Checks, 5%
  • Yardi, 5%

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