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Rental manager education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a rental manager. Rental managers usually study business, marketing, or communication. 62% of rental managers hold a bachelor's degree, and 17% hold an associate degree. We analyzed 3,502 real rental manager resumes to see exactly what rental manager education sections show.

The most common colleges for rental managers are the University of Phoenix and the University of Phoenix.

There are also many online rental manager courses to help get the education required to be a rental manager.

There are certain rental manager certifications that you should consider. These rental manager certifications include Certified Management Accountant (CMA) and Certified Sales Professional (CSP).

What education do you need to become a rental manager?

What degree do you need to be a rental manager?

The most common degree for rental managers is bachelor's degree, with 62% of rental managers earning that degree. The second and third most common degree levels are associate degree degree at 17% and associate degree degree at 12%.
  • Bachelor's, 62%
  • Associate, 17%
  • High School Diploma, 12%
  • Master's, 4%
  • Other Degrees, 5%

What should I major in to become a rental manager?

You should major in business to become a rental manager. 38% of rental managers major in business. Other common majors for a rental manager include marketing and communication.

Most common colleges for rental managers

Rental managers often get their degrees at University of Phoenix, University of Florida, and Florida State University. Here are the most common colleges for rental managers in the US based on their resumes.
Rental manager common collegePercentages
University of Phoenix15.51%
University of Florida7.49%
Florida State University6.95%
Pennsylvania State University5.35%
Texas State University4.81%

Best majors for rental managers

RankMajorPercentages
1Business37.9%
2Marketing8.7%
3Communication6.7%
4Management5.0%
5Accounting4.3%

Best colleges for rental managers

The best colleges for rental managers are University of Pennsylvania, Stanford University, and Northwestern University.

A rental manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for rental managers. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become rental managers.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Baylor University

Waco, TX • Private

In-state tuition

$45,542

Enrollment

14,159

3. SUNY College of Technology at Alfred

Alfred, NY • Private

In-state tuition

$8,570

Enrollment

3,721

4. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

5. SUNY College of Technology at Delhi

Delhi, NY • Private

In-state tuition

$8,360

Enrollment

3,142

6. Bowling Green State University

Bowling Green, OH • Private

In-state tuition

$11,105

Enrollment

13,729

7. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

8. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

9. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Enrollment

9,394

10. University of Akron

Akron, OH • Private

In-state tuition

$11,463

Enrollment

13,676

20 best online courses for rental managers

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2. App Development with Power Apps: Create Custom Components

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Imagine having a rental company, in this case bike rental company, and having problems with managing the company's data. We can help you with that! You can make your life easier with no-code or low-code Power Apps capabilities. In this guided project, we will create a SharePoint site and list that will contain data about all the bikes for rent owned by the company. Among other info, the bikes will also have the status Available or Unavailable for rent, so we can track them. After that we are...

3. Intro to Analyzing Rental Income Properties

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6. Property Management 101

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20. Financial Statement Analysis

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Top 10 most affordable universities for rental managers

The most affordable schools for rental managers are Baruch College of the City University of New York, suny farmingdale, and fashion institute of technology.

If the best universities for rental managers are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for rental managers.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. Fashion Institute of Technology

New York, NY • Private

In-state tuition

$5,740

Cost of attendance

17,864

4. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

5. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

7. California State University - Fresno

Fresno, CA • Private

In-state tuition

$6,587

Cost of attendance

16,915

8. Purdue University

West Lafayette, IN • Private

In-state tuition

$9,992

Cost of attendance

22,430

9. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

10. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

Top 10 hardest universities to get into for rental managers

The hardest universities for rental managers to get into are University of Pennsylvania, Stanford University, and Northwestern University.

Some great schools for rental managers are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for rental managers based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

2. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

3. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

4. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

5. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

6. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

7. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

8. Fordham University

Bronx, NY • Private

Admissions rate

46%

SAT average

1,354

9. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

10. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

Top 10 easy-to-apply-to universities for rental managers

The easiest schools for rental managers to get into are Barry University, oklahoma wesleyan university, and lim college.

Some schools are much easier to get into. If you want to start your career as a rental manager without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for rental managers.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

3. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

4. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

5. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

6. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

7. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

8. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

9. Ursuline College

Pepper Pike, OH • Private

Admissions rate

90%

SAT average

1,102

10. Marymount University

Arlington, VA • Private

Admissions rate

91%

SAT average

1,065

Average rental manager salary by education level

Rental managers with a Doctorate degree earn more than those without, at $65,904 annually. With a Master's degree, rental managers earn a median annual income of $64,797 compared to $55,543 for rental managers with an Bachelor's degree.
Rental manager education levelRental manager salary
Master's Degree$64,797
High School Diploma or Less$39,904
Bachelor's Degree$55,543
Doctorate Degree$65,904
Some College/ Associate Degree$42,480

Rental manager education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.