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The average salary for a Leasing Associate is approximately $32,613 per year, which translates to about $16 per hour. This figure can vary based on factors such as location, experience, and the specific employer. For instance, experienced associates may see salaries increase significantly, especially in areas with a high demand for rental properties.
Entry-level Leasing Associates can expect to earn around $28,000 annually, while those with several years of experience can make upwards of $40,000. Factors that influence these figures include the size of the property management firm and the local real estate market's condition.
Salaries for Leasing Associates tend to be higher in urban areas compared to rural settings. States like California and New York offer some of the highest compensation rates, reflecting the competitive nature of these markets. Additionally, properties that require specialized knowledge, such as luxury apartments or commercial real estate, often provide better pay.
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The average leasing associate salary in Massachusetts, Vermont, and West Virginia are the highest in the U.S. The lowest average leasing associate salary states are Tennessee, Minnesota, and Wyoming.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Colorado | $38,556 | $18.54 |
| 2 | Massachusetts | $40,103 | $19.28 |
| 3 | Washington | $37,485 | $18.02 |
| 4 | Michigan | $36,163 | $17.39 |
| 5 | Utah | $35,453 | $17.04 |
| 6 | New York | $38,277 | $18.40 |
| 7 | Vermont | $39,961 | $19.21 |
| 8 | West Virginia | $38,617 | $18.57 |
| 9 | North Dakota | $37,073 | $17.82 |
| 10 | Montana | $37,764 | $18.16 |
| 11 | California | $36,978 | $17.78 |
| 12 | Georgia | $33,562 | $16.14 |
| 13 | Pennsylvania | $33,642 | $16.17 |
| 14 | Nevada | $31,963 | $15.37 |
| 15 | Missouri | $33,655 | $16.18 |
| 16 | New Jersey | $35,657 | $17.14 |
| 17 | Connecticut | $36,476 | $17.54 |
| 18 | Maine | $34,984 | $16.82 |
| 19 | Alaska | $36,007 | $17.31 |
| 20 | Texas | $31,209 | $15.00 |
| 21 | New Hampshire | $34,275 | $16.48 |
| 22 | Alabama | $32,615 | $15.68 |
| 23 | South Dakota | $34,255 | $16.47 |
| 24 | Rhode Island | $33,822 | $16.26 |
| 25 | Iowa | $33,199 | $15.96 |
| 26 | Oklahoma | $31,473 | $15.13 |
| 27 | Virginia | $31,671 | $15.23 |
| 28 | Oregon | $31,018 | $14.91 |
| 29 | Kentucky | $31,096 | $14.95 |
| 30 | District of Columbia | $30,105 | $14.47 |
| 31 | Idaho | $32,664 | $15.70 |
| 32 | Arizona | $29,524 | $14.19 |
| 33 | Florida | $28,469 | $13.69 |
| 34 | Ohio | $29,736 | $14.30 |
| 35 | New Mexico | $30,996 | $14.90 |
| 36 | Arkansas | $30,367 | $14.60 |
| 37 | Indiana | $29,224 | $14.05 |
| 38 | Nebraska | $29,595 | $14.23 |
| 39 | Maryland | $27,229 | $13.09 |
| 40 | Kansas | $27,768 | $13.35 |
| 41 | South Carolina | $27,557 | $13.25 |
| 42 | Tennessee | $25,916 | $12.46 |
| 43 | North Carolina | $23,220 | $11.16 |
| 44 | Mississippi | $28,060 | $13.49 |
| 45 | Hawaii | $30,136 | $14.49 |
| 46 | Minnesota | $24,090 | $11.58 |
| 47 | Wisconsin | $26,788 | $12.88 |
| 48 | Delaware | $26,716 | $12.84 |
| 49 | Illinois | $23,172 | $11.14 |
| 50 | Louisiana | $23,018 | $11.07 |
| 51 | Wyoming | $23,353 | $11.23 |
The highest-paying cities for leasing associates are Boston, MA, Denver, CO, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Boston, MA | $40,122 | $19.29 |
| 2 | Denver, CO | $38,541 | $18.53 |
| 3 | New York, NY | $38,222 | $18.38 |
| 4 | Tacoma, WA | $37,619 | $18.09 |
| 5 | Oakland, CA | $37,440 | $18.00 |
| 6 | Ann Arbor, MI | $36,064 | $17.34 |
| 7 | Dover, NH | $34,274 | $16.48 |
| 8 | Providence, RI | $33,868 | $16.28 |
| 9 | Atlanta, GA | $33,675 | $16.19 |
| 10 | Alexandria, VA | $32,447 | $15.60 |
| 11 | Denton, TX | $31,350 | $15.07 |
| 12 | Albuquerque, NM | $31,068 | $14.94 |
| 13 | Scottsdale, AZ | $29,487 | $14.18 |
| 14 | Indianapolis, IN | $29,134 | $14.01 |
| 15 | Gainesville, FL | $28,744 | $13.82 |
| 16 | Lawrence, KS | $27,811 | $13.37 |
| 17 | Columbia, SC | $27,639 | $13.29 |
| 18 | Columbia, MD | $27,238 | $13.10 |
| 19 | Memphis, TN | $25,839 | $12.42 |
| 20 | Minneapolis, MN | $24,046 | $11.56 |
A leasing associate's salary ranges from $26,000 a year at the 10th percentile to $40,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $40,000 | $3,333 | $19 |
| 75th Percentile | $36,000 | $3,000 | $17 |
| Average | $32,613 | $2,718 | $16 |
| 25th Percentile | $29,000 | $2,417 | $14 |
| 10th Percentile | $26,000 | $2,167 | $13 |
The highest paying types of leasing associates are real estate sales associate, real estate consultant, and real estate agent.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Licensed Realtor | $38,029 | $3,169 | $18.28 | 17,429 |
| Realtor | $38,290 | $3,191 | $18.41 | 7,482 |
| Home Agent | $23,972 | $1,998 | $11.53 | 80,123 |
| Real Estate Consultant | $92,358 | $7,696 | $44.40 | 22,428 |
| Real Estate Internship | $32,662 | $2,722 | $15.70 | 64,154 |
| Retail Supervisor | $34,740 | $2,895 | $16.70 | 240,666 |
Top companies hiring leasing associates now:
Leasing associate salaries at AerSale and Prologis are the highest-paying according to our most recent salary estimates. In addition, the average leasing associate salary at companies like Saratoga Capital and Sumitomo Mitsui Financial Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | AerSale | $36,103 | $17.36 |
| 2 | Prologis | $36,068 | $17.34 |
| 3 | Saratoga Capital | $35,531 | $17.08 |
| 4 | Sumitomo Mitsui Financial Group | $35,288 | $16.97 |
| 5 | Bank of America | $35,097 | $16.87 |
| 6 | M&T Bank | $35,080 | $16.87 |
| 7 | Hyundai Capital Services | $34,979 | $16.82 |
| 8 | Trinitas Christian | $34,510 | $16.59 |
| 9 | Simon Property Group | $34,476 | $16.57 |
| 10 | The Durst Organization | $34,395 | $16.54 |
| 11 | Clarion | $34,150 | $16.42 |
| 12 | Atlantic Housing Foundation | $33,352 | $16.03 |
| 13 | Weidner Center Presents Inc | $33,323 | $16.02 |
| 14 | Corvias | $33,313 | $16.02 |
| 15 | Urbanspace | $33,273 | $16.00 |
| 16 | Estée Lauder | $33,056 | $15.89 |
| 17 | Evolving Solutions | $32,956 | $15.84 |
| 18 | Real Estate Broker | $32,858 | $15.80 |
| 19 | Realogy | $32,675 | $15.71 |
| 20 | Empire State Realty Trust | $32,483 | $15.62 |
The average leasing associate salary has risen by $6,630 over the last ten years. In 2014, the average leasing associate earned $25,983 annually, but today, they earn $32,613 a year. That works out to a 11% change in pay for leasing associates over the last decade.
Compare leasing associate salaries for cities or states with the national average over time.
Compare leasing associate salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $32,600 | $15.68 | +0.2% |
| 2024 | $32,500 | $15.64 | +0.5% |
| 2023 | $32,400 | $15.57 | +5.5% |
| 2022 | $30,600 | $14.70 | +4.1% |
| 2021 | $29,300 | $14.10 | +1.6% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Community Manager In Phoenix, Arizona | Leasing Associate | Greenwood Village, CO | 06/29/2025 | $37,566 |
| Bernstein Management Corporation | Senior Leasing Associate-Park Place and Paramount | Washington, DC | 06/28/2025 | $49,045 |
| Fairfield Residential LLC | Community Leasing Associate | Los Angeles, CA | 06/27/2025 | $39,674 |
| Community Manager In Phoenix, Arizona | Leasing Associate | Las Vegas, NV | 06/27/2025 | $35,479 |
| Holland Residential | Floating Leasing Associate-Denver Region | Boone, CO | 06/26/2025 | $43,827 |
| Atlantic Housing Foundation | Leasing Associate-Arbors of Denton Apartments | Denton, TX | 06/26/2025 | $27,131 |
| Continental Careers | Leasing Associate | Lockport, IL | 06/26/2025 | $35,479 |
| Continental Careers | Floating Leasing Associate | Oakdale, MN | 06/26/2025 | $37,566 |
| RPM Living | Leasing Associate | Long Beach, CA | 06/24/2025 | $41,740 |
| Fairfield Residential LLC | Community Leasing Associate (Lease UP) | Kirkland, WA | 06/20/2025 | $39,799 |
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