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Resident manager vs leasing manager

The differences between resident managers and leasing 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 resident manager and a leasing manager. Additionally, a resident manager has an average salary of $50,811, which is higher than the $47,633 average annual salary of a leasing manager.

The top three skills for a resident manager include resident care, CPR and medication administration. The most important skills for a leasing manager are customer service, resident retention, and real estate.

Resident manager vs leasing manager overview

Resident ManagerLeasing Manager
Yearly salary$50,811$47,633
Hourly rate$24.43$22.90
Growth rate3%3%
Number of jobs17,46816,376
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 60%
Average age4848
Years of experience66

What does a resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

What does a leasing manager do?

A leasing manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.

Resident manager vs leasing manager salary

Resident managers and leasing managers have different pay scales, as shown below.

Resident ManagerLeasing Manager
Average salary$50,811$47,633
Salary rangeBetween $31,000 And $82,000Between $30,000 And $75,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyWestinghouse Appliances AustraliaMeta
Best paying industryInternetFinance

Differences between resident manager and leasing manager education

There are a few differences between a resident manager and a leasing manager in terms of educational background:

Resident ManagerLeasing Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Resident manager vs leasing manager demographics

Here are the differences between resident managers' and leasing managers' demographics:

Resident ManagerLeasing Manager
Average age4848
Gender ratioMale, 39.6% Female, 60.4%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% 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, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between resident manager and leasing manager duties and responsibilities

Resident manager example responsibilities.

  • Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
  • Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
  • Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
  • Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
  • Experience in Onesite system software.
  • Collect and post rent into YARDI.
  • Show more

Leasing manager example responsibilities.

  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Prepare all NYCHA & HPD S8 application packages for quick transition.
  • Prepare files for HPD and HDC approval of low/moderate income applicants.
  • Screen prospective residents and guarantors in OneSite for passing background and credit score reports.
  • Work with a completely paper-less system utilizing all features of the newest OneSite operating system.
  • Perform database management using Yardi.
  • Show more

Resident manager vs leasing manager skills

Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%
Common leasing manager skills
  • Customer Service, 24%
  • Resident Retention, 11%
  • Real Estate, 10%
  • Property Management, 8%
  • Resident Relations, 7%
  • Yardi, 5%

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