Post job

Property developer vs apartment manager

The differences between property developers 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 property developer and an apartment manager. Additionally, a property developer has an average salary of $51,816, which is higher than the $40,520 average annual salary of an apartment manager.

The top three skills for a property developer include real estate, financial statements and sub contractors. The most important skills for an apartment manager are property management, evictions, and bank deposits.

Property developer vs apartment manager overview

Property DeveloperApartment Manager
Yearly salary$51,816$40,520
Hourly rate$24.91$19.48
Growth rate3%3%
Number of jobs75,31210,867
Job satisfaction-5
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 37%
Average age4848
Years of experience66

Property developer vs apartment manager salary

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

Property DeveloperApartment Manager
Average salary$51,816$40,520
Salary rangeBetween $31,000 And $85,000Between $23,000 And $70,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between property developer and apartment manager education

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

Property DeveloperApartment Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property developer vs apartment manager demographics

Here are the differences between property developers' and apartment managers' demographics:

Property DeveloperApartment Manager
Average age4848
Gender ratioMale, 67.8% Female, 32.2%Male, 32.7% Female, 67.3%
Race ratioBlack or African American, 8.7% Unknown, 4.1% Hispanic or Latino, 16.8% Asian, 5.3% White, 64.4% 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 property developer and apartment manager duties and responsibilities

Property developer example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Control and track the accuracy of the payroll.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.

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

Property developer vs apartment manager skills

Common property developer skills
  • Real Estate, 15%
  • Financial Statements, 14%
  • Sub Contractors, 13%
  • Property Management, 13%
  • Payroll, 8%
  • Residential Properties, 5%
Common apartment manager skills
  • Property Management, 8%
  • Evictions, 7%
  • Bank Deposits, 5%
  • Rent Collection, 5%
  • Background Checks, 5%
  • Yardi, 5%

Browse executive management jobs