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How to hire a property management internship

Property management internship hiring summary. Here are some key points about hiring property management interns in the United States:

  • There are currently 4,225 property management interns in the US, as well as 112,160 job openings.
  • Property management interns are in the highest demand in Charlotte, NC, with 3 current job openings.
  • The median cost to hire a property management internship is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new property management internship to become settled and show total productivity levels at work.

How to hire a property management internship, step by step

To hire a property management internship, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a property management internship:

Here's a step-by-step property management internship hiring guide:

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

What does a property management internship do?

Property management interns are student trainees who gain working experience in the field of property management. These interns are required to prepare comparative analysis and develop marketing strategies that can promote commercial real estate properties. They must provide tenant customer service to people with various backgrounds by responding quickly to their needs and requests. They must assist in providing professional tours by scheduling appointments with prospective residents. Property management interns must also work with senior property managers to manage budgets and financial statements.

Learn more about the specifics of what a property management internship does
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  1. Identify your hiring needs

    First, determine the employments status of the property management internship you need to hire. Certain property management internship 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 property management internship's background is also an important factor in determining whether they'll be a good fit for the position. For example, property management interns 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.

    This list shows salaries for various types of property management interns.

    Type of Property Management InternshipDescriptionHourly rate
    Property Management InternshipProperty, 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.$8-15
    Leasing ConsultantA Leasing Consultant specializes in helping property owners secure tenants for their rental properties. Most of the responsibilities include coordinating with landlords to find suitable occupants, posting rental notices and advertisements on various platforms, and monitor the quality of every rental property... Show more$12-18
    Leasing AgentA leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms... Show more$12-19
  2. Create an ideal candidate profile

    Common skills:
    • Customer Service
    • Real Estate
    • Yardi
    • Portfolio
    • Phone Calls
    • PowerPoint
    • Administrative Tasks
    • Financial Reports
    • Data Analysis
    • MRI
    • Market Research
    • Property Tours
    • Legal Research
    • Rent Rolls
    Check all skills
    Responsibilities:
    • Manage condominiums for individual investors; enforce lease requirements/community policies.
    • Execute trademark knock out searches on the USPTO website to vet potential words and marks for advertising campaigns.
    • Used property management software (MRI) to track renovation progress and create status reports for on-site company employees.
    • Perform trademark searches on the USPTO website to assess the similarity of propose sub-brands of DKNY to existing marks.
    • Resolve high-priority logistics, supply, distribution, information or service problems through personal action or immediate coordination with agency activities.
    • Perform all the daily duties of a Walgreens manager which include daily and weekly projects.
    More property management internship duties
  3. Make a budget

    Including a salary range in your property management internship job description helps attract top candidates to the position. A property management internship 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 property management internship in Kansas may be lower than in Hawaii, and an entry-level property management internship usually earns less than a senior-level property management internship. Additionally, a property management internship 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 property management internship salary

    $11.91hourly

    $24,780 yearly

    Entry-level property management internship salary
    $18,000 yearly salary
    Updated December 19, 2025

    Average property management internship salary by state

    RankStateAvg. salaryHourly rate
    1Hawaii$31,436$15
    2Connecticut$30,746$15
    3New York$30,341$15
    4Maryland$28,852$14
    5Massachusetts$27,904$13
    6North Dakota$26,997$13
    7Illinois$26,372$13
    8Iowa$26,368$13
    9Arizona$26,229$13
    10Michigan$25,242$12
    11Colorado$25,017$12
    12Ohio$24,798$12
    13Minnesota$24,021$12
    14Nebraska$23,965$12
    15Texas$23,609$11
    16Wisconsin$22,649$11
    17Kansas$22,373$11
    18South Carolina$21,883$11
    19Florida$21,495$10
    20Arkansas$20,718$10

    Average property management internship salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1AlixPartners$41,192$19.803
    2Starwood Capital Group$32,956$15.84
    3Oracle$31,442$15.12588
    4Whole Foods Market$31,311$15.05
    5City of Houston$31,264$15.031
    6Compass Group USA$29,517$14.1911
    7International Rescue Committee$29,019$13.95
    8Martha's Vineyard Insurance$28,895$13.89
    9Menards$28,832$13.86353
    10Walgreens$28,501$13.70197
    11Circle K$27,927$13.434
    12Castle Management, Inc.$27,860$13.3912
    13Azalea Health$27,673$13.30
    14Risk Strategies$27,203$13.08
    15Allianz of America, Inc.$26,786$12.88
    16Youngstown Neighborhood Development$26,681$12.83
    17Arizona State University$26,607$12.791
    18Cushman & Wakefield$26,603$12.79639
    19Great American Insurance$26,306$12.658
    20Aerojet Rocketdyne$26,108$12.55
  4. Writing a property management internship job description

    A property management internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a property management internship job description:

    Property management internship job description example

    Starwood Capital Group is a private investment firm with a primary focus on global real estate. Since its inception in 1991, the Firm has raised over $70 billion of capital and currently has approximately $115 billion of assets under management. Over the past 30 years, Starwood Capital has invested in over $200 billion of assets, including properties within every major real estate asset class.
    Starwood Property Trust:
    Amid the depths of the Great Recession, Starwood Capital recognized that traditional commercial lenders were withdrawing from the marketplace and a significant need had emerged for alternative commercial mortgage financings. In August 2009, Starwood Capital created Starwood Property Trust, Inc. (NYSE: STWD), a publicly traded real estate finance company focusing on originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt investments. With an initial market capitalization of $950 million, Starwood Property Trust was, at the time of its IPO, the largest blind pool company ever created and traded on the NYSE.

    The business has grown dramatically since inception, and Starwood Property Trust today is a diversified finance company with a core focus on the real estate and infrastructure sectors. With total capital deployed since inception of more than $69 billion, Starwood Property Trust continues to solidify its position as one of the world's leading non-bank lenders.

    Program Description:
    Starwood Capital's Internship Program is 9-weeks long and we select a group of highly motivated summer interns with the goal of identifying talent for our Full-time Analyst Program. Our size and structure provides individuals with a high level of responsibility and the unique opportunity to work directly with senior management, joint venture partners, investment bankers, brokers and commercial lenders in all real estate classes. Summer Interns will participate in a variety of specialized trainings that will refine their skills and assist them in transitioning into the professional working environment of Starwood and the investment industry as a whole. A mentorship driven program allows our Summer Interns to create lasting relationships that will support the continued growth of a successful career.

    Responsibilities:
    Interns will gain experience to multiple aspects of STWD's business as they rotate through Originations/Debt Acquisitions and Underwriting. Real estate valuation analysis, excel modeling Real estate loan origination (whole loan, mezzanine, preferred) and acquisitions including secondary market transactions and commercial mortgage backed securities (CMBS) Preparation of presentations and memoranda evaluating investment merits and risks, market dynamics, and projected investment returns Credit, legal, market and other diligence Transaction execution, including negotiation of loan documentation Market research and assistance with ongoing portfolio management Requirements:
    To be considered for the 2023 Summer Internship Program, applicants must meet the following criteria: Currently enrolled as an undergraduate student Anticipated graduation date: Fall 2023 - Spring 2024 Proficient in Microsoft Excel, Word and PowerPoint Exceptional attention to detail and organizational skills Ability to manage and effectively present information
  5. Post your job

    There are a few common ways to find property management interns for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your property management internship job on Zippia to find and recruit property management internship candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit property management interns, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

    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 property management internship

    Once you've decided on a perfect property management internship candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new property management internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  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 property management internship?

Before you start to hire property management interns, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire property management interns pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

The median annual salary for property management interns is $24,780 in the US. However, the cost of property management internship hiring can vary a lot depending on location. Additionally, hiring a property management internship for contract work or on a per-project basis typically costs between $8 and $15 an hour.

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