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How to hire a leasing manager

Leasing manager hiring summary. Here are some key points about hiring leasing managers in the United States:

  • The median cost to hire a leasing manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per leasing manager on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 12,338 leasing managers in the US, and there are currently 16,376 job openings in this field.
  • Los Angeles, CA, has the highest demand for leasing managers, with 13 job openings.

How to hire a leasing manager, step by step

To hire a leasing manager, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a leasing manager, you should follow these steps:

Here's a step-by-step leasing manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a leasing manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new leasing manager
  • Step 8: Go through the hiring process checklist

What does a leasing manager do?

A leasing manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.

Learn more about the specifics of what a leasing manager does
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  1. Identify your hiring needs

    First, determine the employments status of the leasing manager you need to hire. Certain leasing manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A leasing manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, leasing managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    The following list breaks down different types of leasing managers and their corresponding salaries.

    Type of Leasing ManagerDescriptionHourly rate
    Leasing ManagerProperty, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value.$14-36
    Property AdministratorA property administrator is responsible for performing administrative and clerical duties for real estate and property companies. Property administrators coordinate with prospective clients to inform them about the property and offers tours to give a better view of the location... Show more$12-27
    Director Of Property ManagementA director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions... Show more$29-72
  2. Create an ideal candidate profile

    Common skills:
    • Customer Service
    • Resident Retention
    • Real Estate
    • Property Management
    • Resident Relations
    • Yardi
    • Resident Complaints
    • Property Tours
    • Excellent Interpersonal
    • Onesite
    • Apartment Community
    • Rent Payments
    • Resident Functions
    • Apartment Homes
    Check all skills
    Responsibilities:
    • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
    • Prepare all NYCHA & HPD S8 application packages for quick transition.
    • Prepare files for HPD and HDC approval of low/moderate income applicants.
    • Screen prospective residents and guarantors in OneSite for passing background and credit score reports.
    • Work with a completely paper-less system utilizing all features of the newest OneSite operating system.
    • Perform database management using Yardi.
    More leasing manager duties
  3. Make a budget

    Including a salary range in your leasing manager job description helps attract top candidates to the position. A leasing manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a leasing manager in Michigan may be lower than in New York, and an entry-level leasing manager usually earns less than a senior-level leasing manager. Additionally, a leasing manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average leasing manager salary

    $47,633yearly

    $22.90 hourly rate

    Entry-level leasing manager salary
    $30,000 yearly salary
    Updated January 20, 2026

    Average leasing manager salary by state

    RankStateAvg. salaryHourly rate
    1New York$64,384$31
    2New Jersey$57,118$27
    3District of Columbia$56,224$27
    4Pennsylvania$56,183$27
    5California$55,952$27
    6Virginia$52,947$25
    7Maryland$52,533$25
    8Nevada$48,271$23
    9North Carolina$48,198$23
    10Florida$47,074$23
    11Texas$46,401$22
    12Arizona$45,348$22
    13Oregon$44,202$21
    14Washington$43,263$21
    15Illinois$42,994$21
    16Utah$41,707$20
    17Georgia$39,987$19
    18Ohio$39,744$19
    19Indiana$39,366$19
    20South Carolina$39,326$19

    Average leasing manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Meta$91,773$44.12
    2Macerich$83,154$39.98
    3KeyBank$75,491$36.292
    4Brookfield Properties$73,679$35.4235
    5Regency Centers$63,908$30.732
    6Washington Prime Group$62,573$30.081
    7Prologis$61,179$29.412
    8GPAC$56,598$27.21
    9Thomas Jefferson University$55,809$26.83
    10Westfield Bank$55,720$26.79
    11Affiliated Computer Services$55,157$26.52
    12NJ Transit$51,558$24.79
    13Willis-Knighton$51,295$24.66
    14Realty Operations Group$49,843$23.96
    15CB Richard Ellis Memphis LLC$49,310$23.71
    16Carroll Company$49,310$23.71
    17Mill Creek Residential$49,310$23.7117
    18NRP Holding Company Inc$49,310$23.71
    19OPTiMUM Holdings$49,310$23.712
    20JBG SMITH$49,310$23.711
  4. Writing a leasing manager job description

    A good leasing manager job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a leasing manager job description:

    Leasing manager job description example

    **Bilingual (English/Spanish) candidates needed! $20/hourly plus a full benefits package!**

    Manages and directs the community’s marketing, print and internet advertising, sales activities, leasing team members, and other resources to achieve established revenue, occupancy, resident retention, and leasing goals and objectives.

    JOB DESCRIPTION

    Essential Responsibilities:

    • Ensures achievement of the community’s revenue and occupancy goals by directing the community’s marketing, advertising and sales activities, overseeing on-site traffic, ensuring an appropriate inventory of “ready” apartments, setting rent pricing and concessions, and monitoring the day-to-day sales and leasing activities.
    • Stays informed about current market and competitor conditions that may impact the community’s occupancy and sales results, develops and implements short- and long-term marketing plans and goals to sustain occupancy, and implements creative strategies around pricing, concessions, leasing incentives, and advertising to boost traffic and leases.
    • Develops print and internet advertising strategies, uses available technology to promote the community and communicate with potential prospects, and uses the Company’s property management software to generate sales and leasing reports to monitor results.
    • Works with the maintenance team to ensure the physical aspects of the community meet the Company’s standards for overall appearance and safety, and develops activities and programs to enhance the salability of the apartments and community as a whole by regularly inspecting “ready” units for marketability, creating mini-models and using other merchandising techniques promote the apartment and community to prospective applicants.
    • Actively participates in the leasing process by generating and monitoring traffic, leasing apartments, qualifying prospects, preparing lease documentation, and completing move-in procedures in accordance with established policies and procedures.
    • Reviews and analyzes financial reports, shop reports, traffic and closing ratios, and other operational reports to identify and resolve issues impacting leasing performance, and accesses the Company’s internal resources as needed to support solution strategies. Makes presentations about marketing and leasing strategies and results to clients, owners, and other business managers.
    • Oversees the lease renewal program, including sponsoring various resident lease renewal functions, managing the communication and notification process, and assisting with resident move-outs as necessary.
    • Responds quickly and courteously to resident and client/owner concerns and questions, and takes prompt action to solve problems and/or document and convey resident or other requests to the appropriate individual(s).
    • Supervises the community’s leasing team members by interviewing, hiring, orienting, and training employees, and manages their performance in accordance with Company policies, values, and business practices.

    **$500 sign on bonus after 90 days of employment.

    Required Licenses or Certifications:
    • Incumbents must have all licenses and/or certifications as required by State and Local jurisdictions.
    • Incumbents must have valid driver’s license to drive a golf cart on property.

    Typical base compensation rate depending on experience, except where mandated otherwise:

    16 USD - 20 USD

    Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.

    Greystar will consider for employment qualified applicants with arrest and conviction records.

    Company DescriptionFounded in 1993, Greystar provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on international, regional and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies.

    Because our business model includes both investment and service-oriented businesses, we are able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our international platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.

    Our dedication to redefining excellence in apartment living means we are constantly exploring innovative ideas and pioneering new ways to serve our residents and clients.

    The Greystar team is more than 18,000 team members strong and growing. Check out the latest opportunities at www.greystar.com/careers. EOE
  5. Post your job

    There are various strategies that you can use to find the right leasing manager for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your leasing manager job on Zippia to find and recruit leasing manager candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit leasing managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

    It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new leasing manager

    Once you've selected the best leasing manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

    To prepare for the new leasing manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a leasing manager?

Hiring a leasing manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting leasing managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of leasing manager recruiting as well the ongoing costs of maintaining the new employee.

The median annual salary for leasing managers is $47,633 in the US. However, the cost of leasing manager hiring can vary a lot depending on location. Additionally, hiring a leasing manager for contract work or on a per-project basis typically costs between $14 and $36 an hour.

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