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Real estate manager salary
Average real estate manager salary
$86,874
Understanding Real Estate Manager Salaries
The role of a Real Estate Manager encompasses various responsibilities, from overseeing property operations to managing tenant relations. As of October 2025, the average salary for this position stands at $86,874 per year. However, this figure can vary widely based on several factors, including geographic location, years of experience, and the specific industry in which one is employed.
For instance, Real Estate Managers in states like California and New York often see higher salaries compared to those in other regions. The demand for skilled professionals in urban areas further influences salary levels. Additionally, experience plays a crucial role; entry-level positions may start at a lower rate, while seasoned managers can command significantly higher pay.
Furthermore, the industry type also impacts salary potential. Real Estate Managers working in commercial real estate typically earn more than those in residential sectors. Understanding these dynamics can help job seekers better navigate their career paths and negotiate salaries effectively. For those aspiring to enter this field, gaining relevant experience and certifications can enhance job prospects and earning potential.
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Where can a Real Estate Manager earn more?
Real estate manager salary estimates from across the web
Average real estate manager salary by state
The highest-paying states for real estate managers are Connecticut, New York, and Washington. The lowest average real estate manager salary states are Oklahoma, Kansas, and Arkansas.
- State view
- County view
Highest paying states for real estate managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $108,194 | $52.02 |
| 2 | New York | $104,445 | $50.21 |
| 3 | New Jersey | $98,999 | $47.60 |
| 4 | Massachusetts | $93,567 | $44.98 |
| 5 | Rhode Island | $95,486 | $45.91 |
| 6 | Oregon | $98,290 | $47.25 |
| 7 | Ohio | $93,942 | $45.16 |
| 8 | Washington | $101,465 | $48.78 |
| 9 | Vermont | $91,063 | $43.78 |
| 10 | California | $92,606 | $44.52 |
| 11 | Delaware | $83,974 | $40.37 |
| 12 | Arizona | $82,018 | $39.43 |
| 13 | North Carolina | $88,977 | $42.78 |
| 14 | New Hampshire | $82,724 | $39.77 |
| 15 | Nevada | $86,513 | $41.59 |
| 16 | Michigan | $80,783 | $38.84 |
| 17 | Pennsylvania | $78,692 | $37.83 |
| 18 | Illinois | $83,933 | $40.35 |
| 19 | Maine | $87,038 | $41.85 |
| 20 | District of Columbia | $87,027 | $41.84 |
| 21 | Virginia | $84,521 | $40.64 |
| 22 | Kentucky | $75,265 | $36.19 |
| 23 | Idaho | $82,415 | $39.62 |
| 24 | Montana | $82,418 | $39.62 |
| 25 | Iowa | $72,919 | $35.06 |
| 26 | Texas | $77,810 | $37.41 |
| 27 | Alaska | $81,923 | $39.39 |
| 28 | Maryland | $78,387 | $37.69 |
| 29 | West Virginia | $76,407 | $36.73 |
| 30 | Minnesota | $78,131 | $37.56 |
| 31 | Indiana | $73,419 | $35.30 |
| 32 | Wisconsin | $75,534 | $36.31 |
| 33 | Alabama | $68,789 | $33.07 |
| 34 | New Mexico | $75,254 | $36.18 |
| 35 | North Dakota | $75,149 | $36.13 |
| 36 | South Dakota | $74,122 | $35.64 |
| 37 | Florida | $69,879 | $33.60 |
| 38 | Hawaii | $77,217 | $37.12 |
| 39 | Utah | $72,849 | $35.02 |
| 40 | Louisiana | $73,233 | $35.21 |
| 41 | Nebraska | $70,918 | $34.10 |
| 42 | Missouri | $71,302 | $34.28 |
| 43 | Tennessee | $63,168 | $30.37 |
| 44 | Colorado | $71,529 | $34.39 |
| 45 | Wyoming | $72,442 | $34.83 |
| 46 | Arkansas | $64,160 | $30.85 |
| 47 | Kansas | $67,315 | $32.36 |
| 48 | Mississippi | $69,644 | $33.48 |
| 49 | Oklahoma | $68,610 | $32.99 |
| 50 | South Carolina | $62,812 | $30.20 |
| 51 | Georgia | $61,397 | $29.52 |
Highest paying cities for real estate managers
The highest-paying cities for real estate managers are Hartford, CT, New York, NY, and San Francisco, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Hartford, CT | $108,590 | $52.21 |
| 2 | New York, NY | $104,485 | $50.23 |
| 3 | San Francisco, CA | $102,832 | $49.44 |
| 4 | Seattle, WA | $102,158 | $49.11 |
| 5 | Portland, OR | $97,791 | $47.01 |
| 6 | Cleveland, OH | $97,748 | $46.99 |
| 7 | Boston, MA | $93,598 | $45.00 |
| 8 | Raleigh, NC | $90,849 | $43.68 |
| 9 | Portland, ME | $87,835 | $42.23 |
| 10 | Arlington, VA | $87,126 | $41.89 |
| 11 | Washington, DC | $87,015 | $41.83 |
| 12 | Las Vegas, NV | $85,362 | $41.04 |
| 13 | Chicago, IL | $84,600 | $40.67 |
| 14 | Phoenix, AZ | $82,265 | $39.55 |
| 15 | Detroit, MI | $81,206 | $39.04 |
| 16 | Philadelphia, PA | $79,210 | $38.08 |
| 17 | San Antonio, TX | $78,731 | $37.85 |
| 18 | Baltimore, MD | $78,701 | $37.84 |
| 19 | Minneapolis, MN | $78,105 | $37.55 |
| 20 | Milwaukee, WI | $75,910 | $36.50 |
Real Estate Managers are the most in-demand in these five cities:
Real estate manager salary details
A real estate manager's salary ranges from $58,000 a year at the 10th percentile to $129,000 at the 90th percentile.
What is a real estate manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $129,000 | $10,750 | $62 |
| 75th Percentile | $106,000 | $8,833 | $51 |
| Average | $86,874 | $7,240 | $42 |
| 25th Percentile | $70,000 | $5,833 | $34 |
| 10th Percentile | $58,000 | $4,833 | $28 |
Highest paying real estate manager jobs
The highest paying types of real estate managers are assistant site manager, acquisitions manager, and director of property management.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Leasing Professional | $32,944 | $2,745 | $15.84 | 48,976 |
| Leasing Agent | $33,660 | $2,805 | $16.18 | 32,462 |
| Leasing Consultant | $32,729 | $2,727 | $15.74 | 11,371 |
| Director Of Property Management | $97,349 | $8,112 | $46.80 | 78,020 |
| Communications Manager | $81,304 | $6,775 | $39.09 | 26,350 |
| Acquisitions Manager | $97,768 | $8,147 | $47.00 | 9,054 |
Top companies hiring real estate managers now:
Which companies pay real estate managers the most?
Real estate manager salaries at McKinsey & Company Inc and Accenture are the highest-paying according to our most recent salary estimates. In addition, the average real estate manager salary at companies like Pwc and Ernst & Young are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | McKinsey & Company Inc | $153,950 | $74.01 |
| 2 | Accenture | $133,900 | $64.38 |
| 3 | Pwc | $126,397 | $60.77 |
| 4 | Ernst & Young | $125,958 | $60.56 |
| 5 | $125,287 | $60.23 | |
| 6 | Apple | $125,231 | $60.21 |
| 7 | Tradeweb | $124,599 | $59.90 |
| 8 | Lord Abbett | $119,963 | $57.67 |
| 9 | Grant Thornton | $119,732 | $57.56 |
| 10 | Janssen | $117,683 | $56.58 |
| 11 | Deutsche Bank | $116,676 | $56.09 |
| 12 | RSM US | $114,939 | $55.26 |
| 13 | Deloitte | $114,356 | $54.98 |
| 14 | Bed Bath & Beyond | $113,878 | $54.75 |
| 15 | Capital Group | $113,254 | $54.45 |
| 16 | Santander Private Banking International | $109,785 | $52.78 |
| 17 | Amazon | $109,496 | $52.64 |
| 18 | Ross Stores | $108,953 | $52.38 |
| 19 | Haskell & White | $108,213 | $52.03 |
| 20 | Michaels Stores | $106,312 | $51.11 |
Wage gap by gender, race and education
Real Estate Manager salary by industry
The average real estate manager salary varies across industries:
- The average real estate manager salary in the finance industry is $85,510, the highest of any industry.
- The average real estate manager salary in the finance industry is $75,139.
- Real estate managers in the retail industry earn an average salary of $69,426, the lowest of any industry.
Highest paying industries for real estate managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $85,510 | $41.11 |
| 2 | Hospitality | $75,139 | $36.12 |
| 3 | Real Estate | $72,376 | $34.80 |
| 4 | Retail | $69,426 | $33.38 |
High paying real estate manager jobs
Real estate manager salary trends
The average real estate manager salary has risen by $10,411 over the last ten years. In 2014, the average real estate manager earned $76,463 annually, but today, they earn $86,874 a year. That works out to a 5% change in pay for real estate managers over the last decade.
Compare real estate manager salaries for cities or states with the national average over time.
Average real estate manager salary over time
Compare real estate manager salaries for individual cities or states with the national average.
Real estate manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $86,900 | $41.77 | +1.5% |
| 2024 | $85,600 | $41.14 | +0.7% |
| 2023 | $85,000 | $40.84 | -0.6% |
| 2022 | $85,400 | $41.07 | +2.8% |
| 2021 | $83,100 | $39.93 | +2.9% |
Recently added real estate manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Rossstores | Manager, Real Estate | Dublin, CA | 06/29/2025 | $93,000 |
| Robert W. Baird & Co.Orporated | Real Estate Transaction Manager II | Milwaukee, WI | 06/29/2025 | $68,900 |
| Ryan Companies Us | Senior Real Estate Manager | Minneapolis, MN | 06/29/2025 | $100,000 |
| Enterprise Community Partners | SR. Real Estate Development Manager-(Hybrid) Silver Spring/ | Baltimore, MD | 06/29/2025 | $124,000 |
| Global Channel Management, Inc. | Remote Construction Real Estate MGR | Chicago, IL | 06/29/2025 | $96,002 |
| Disclosure, Consent, Acknowledgment and Agreement | Manager, Real Estate | Dublin, CA | 06/29/2025 | $93,000 |
| Savers/Value Village | Real Estate Manager (US Remote) | Bellevue, WA | 06/29/2025 | $101,272 |
| Get It-Real Estate | Real Estate Sales Manager-Remote | WFH | Herndon, VA | 06/29/2025 | $100,000 |
| Get It-Real Estate | Real Estate Manager-Remote | WFH | Miami, FL | 06/29/2025 | $100,000 |
| Lamar Advertising | Real Estate Manager | Panama City, FL | 06/28/2025 | $68,000 |
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