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Rental manager vs property manager

The differences between rental managers and property managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a rental manager, becoming a property manager takes usually requires 4-6 years. Additionally, a property manager has an average salary of $49,958, which is higher than the $47,019 average annual salary of a rental manager.

The top three skills for a rental manager include customer service, rental equipment and rental operations. The most important skills for a property manager are customer service, property management, and financial reports.

Rental manager vs property manager overview

Rental ManagerProperty Manager
Yearly salary$47,019$49,958
Hourly rate$22.61$24.02
Growth rate4%3%
Number of jobs2,24615,402
Job satisfaction-5
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 50%
Average age4648
Years of experience86

Rental manager vs property manager salary

Rental managers and property managers have different pay scales, as shown below.

Rental ManagerProperty Manager
Average salary$47,019$49,958
Salary rangeBetween $27,000 And $78,000Between $34,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New Jersey
Best paying company-Nokia
Best paying industry-Professional

Differences between rental manager and property manager education

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

Rental ManagerProperty Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Rental manager vs property manager demographics

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

Rental ManagerProperty Manager
Average age4648
Gender ratioMale, 59.6% Female, 40.4%Male, 38.1% Female, 61.9%
Race ratioBlack or African American, 7.6% Unknown, 4.0% Hispanic or Latino, 15.2% Asian, 6.0% White, 66.7% American Indian and Alaska Native, 0.4%Black 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%
LGBT Percentage6%12%

Differences between rental manager and property manager duties and responsibilities

Rental manager example responsibilities.

  • Create and manage production of POS.
  • Manage operation that produce $1.2 million YTD in fiscal 2011.
  • Accomplish record setting rental levels while reducing advertising budget, list and sell condominiums.
  • Manage rental operation for an international RV company.
  • Manage an automate reservation database system which detail guests and owners of the condominiums.
  • Perform customer service by booking rental reservations and issuing paperwork & distributing keys upon their arrival.
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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

Rental manager vs property manager skills

Common rental manager skills
  • Customer Service, 24%
  • Rental Equipment, 10%
  • Rental Operations, 6%
  • Payroll, 5%
  • Rental Fleet, 5%
  • Financial Statements, 4%
Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%