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Property manager vs apartment manager

The differences between property 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 property manager and an apartment manager. Additionally, a property manager has an average salary of $49,958, which is higher than the $40,520 average annual salary of an apartment manager.

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

Property manager vs apartment manager overview

Property ManagerApartment Manager
Yearly salary$49,958$40,520
Hourly rate$24.02$19.48
Growth rate3%3%
Number of jobs15,40210,867
Job satisfaction55
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 37%
Average age4848
Years of experience66

Property manager vs apartment manager salary

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

Property ManagerApartment Manager
Average salary$49,958$40,520
Salary rangeBetween $34,000 And $72,000Between $23,000 And $70,000
Highest paying CityNew York, NY-
Highest paying stateNew Jersey-
Best paying companyNokia-
Best paying industryProfessional-

Differences between property manager and apartment manager education

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

Property ManagerApartment Manager
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property manager vs apartment manager demographics

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

Property ManagerApartment Manager
Average age4848
Gender ratioMale, 38.1% Female, 61.9%Male, 32.7% Female, 67.3%
Race ratioBlack or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% 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 manager and apartment manager duties and responsibilities

Property manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Update resident and unit information utilizing property management software (OneSite )
  • Maintain OSHA files, employee files, payroll files and staff PTO accruals.
  • Record journal entries for accruals.
  • Process applications and coordinate lease signing with new residents in YARDI.
  • Show more

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 manager vs apartment manager skills

Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%
Common apartment manager skills
  • Property Management, 8%
  • Evictions, 7%
  • Bank Deposits, 5%
  • Rent Collection, 5%
  • Background Checks, 5%
  • Yardi, 5%

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