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Property Manager salary

Average property manager salary

$49,958

$24.02 hourly rate

Entry-level property manager salary
$34,000 yearly salary
Updated January 8, 2025

How much does a property manager make?

The average property manager salary in the United States is $49,958. Property manager salaries typically range between $34,000 and $72,000 yearly. The average hourly rate for property managers is $24.02 per hour.

Property manager salary is impacted by location, education, and experience. Property managers earn the highest average salary in New Jersey.

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Property manager salary by: 

Where can a Property Manager earn more?

Compare salary by location
Vs
74k
54k
34k
14k
Ashburn, VA$60,617
San Antonio, TX$44,112
Compare salary by company
Vs
129k
109k
89k
69k
49k
29k
Nokia$100,968
Cubic$58,955

Property Manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter, Comparably, Payscale and CareerExplorer, the average salary for a property manager typically falls between $49,958 and $110,861.
zippia
$49,958yearly
glassdoor[1]
$62,206yearly
indeed[2]
$58,835yearly
comparably[3]
$71,191yearly
Salary.com[4]
$110,861yearly
ZipRecruiter[5]
$58,335yearly
payscale[6]
$54,929yearly
CareerExplorer[7]
$59,230yearly

Average property manager salary by state

The highest-paying states for property managers are New Jersey, New York, and Connecticut. The lowest average property manager salary states are Indiana, Kentucky, and Alabama.

  • State View
  • County View
Average Salary:

Highest paying states for property managers

RankStateAvg. SalaryHourly Rate
1New York$60,389$29.03
2New Jersey$61,181$29.41
3Connecticut$60,205$28.94
4Washington$55,876$26.86
5Pennsylvania$52,919$25.44
6California$54,820$26.36
7Massachusetts$54,370$26.14
8Oregon$55,270$26.57
9Michigan$51,075$24.56
10Rhode Island$53,834$25.88
11Idaho$57,405$27.60
12Nevada$46,990$22.59
13Arizona$46,408$22.31
14Maryland$50,264$24.17
15Colorado$48,013$23.08
16Hawaii$56,725$27.27
17Illinois$45,682$21.96
18Alaska$52,798$25.38
19District of Columbia$49,163$23.64
20Utah$44,190$21.25
21Ohio$44,009$21.16
22Wisconsin$45,752$22.00
23Virginia$46,700$22.45
24Delaware$47,645$22.91
25Texas$42,934$20.64
26North Dakota$45,993$22.11
27Vermont$48,270$23.21
28Maine$45,807$22.02
29South Dakota$45,771$22.01
30Florida$43,516$20.92
31Wyoming$45,127$21.70
32New Hampshire$44,527$21.41
33Minnesota$42,943$20.65
34Iowa$42,240$20.31
35New Mexico$43,919$21.11
36Missouri$41,793$20.09
37West Virginia$41,289$19.85
38North Carolina$40,101$19.28
39Indiana$39,429$18.96
40Oklahoma$41,856$20.12
41Nebraska$42,022$20.20
42Mississippi$41,685$20.04
43Louisiana$41,118$19.77
44Georgia$37,756$18.15
45Montana$39,753$19.11
46Kentucky$39,371$18.93
47Kansas$39,653$19.06
48South Carolina$40,081$19.27
49Arkansas$38,182$18.36
50Alabama$38,408$18.47
51Tennessee$35,930$17.27

Highest paying cities for property managers

The highest-paying cities for property managers are New York, NY, San Francisco, CA, and Vancouver, WA.

RankCityAvg. SalaryHourly Rate
1New York, NY$60,617$29.14
2San Francisco, CA$58,760$28.25
3Vancouver, WA$57,217$27.51
4Urban Honolulu, HI$56,753$27.29
5Portland, OR$55,153$26.52
6Boston, MA$54,259$26.09
7Philadelphia, PA$53,626$25.78
8Baltimore, MD$50,797$24.42
9Washington, DC$49,211$23.66
10Fort Collins, CO$48,067$23.11
11Phoenix, AZ$46,617$22.41
12Portland, ME$46,541$22.38
13Las Vegas, NV$46,442$22.33
14Richmond, VA$46,027$22.13
15Chicago, IL$45,924$22.08
16Cleveland, OH$45,777$22.01
17Milwaukee, WI$45,708$21.98
18Miami, FL$44,396$21.34
19Salt Lake City, UT$44,133$21.22
20San Antonio, TX$44,112$21.21

Property Managers are the most in-demand in these five cities:

  1. New York, NY
  2. San Francisco, CA
  3. Vancouver, WA
  4. Urban Honolulu, HI
  5. Portland, OR

Property Manager salary details

A property manager's salary ranges from $34,000 a year at the 10th percentile to $72,000 at the 90th percentile.

Average Property Manager Salary Graph
Average Property Manager Salary Graph, Trends, and Summary

What is a property manager's salary?

PercentileAnnual SalaryMonthly SalaryHourly Rate
90th Percentile$72,000$6,000$35
75th Percentile$60,000$5,000$29
Average$49,958$4,163$24
25th Percentile$41,000$3,417$20
10th Percentile$34,000$2,833$16

Highest paying property manager jobs

The highest paying types of property managers are assistant site manager, acquisitions manager, and director of property management.

Job TitleAnnual SalaryMonthly SalaryHourly RateJob Openings
Leasing Consultant$32,729$2,727$15.7411,371
Leasing Agent$33,660$2,805$16.1832,462
Building Manager$66,595$5,550$32.0215,982
Acquisitions Manager$97,768$8,147$47.009,054
Communications Manager$81,304$6,775$39.0926,350
Real Estate Manager$86,874$7,240$41.7724,751

Which companies pay property managers the most?

Property manager salaries at Nokia and Ernst & Young are the highest-paying according to our most recent salary estimates. In addition, the average property manager salary at companies like Roofstock and ICW Group are highly competitive.

RankCompanyAverage SalaryHourly Rate
1Nokia$100,968$48.54
2Ernst & Young$86,267$41.47
3Roofstock$67,353$32.38
4ICW Group$65,262$31.38
5Hudson Pacific Properties$64,027$30.78
6Douglas Emmett, Inc.$63,917$30.73
7Tesoro$63,647$30.60
8Brookfield Properties$63,111$30.34
9Crescent Heights$62,968$30.27
10BioMed Realty$62,539$30.07
11G6 Hospitality$62,296$29.95
12BGC Partners$61,092$29.37
13Brandywine Realty Trust$60,622$29.15
14GNP Company$60,454$29.06
15Sage Hospitality Group$60,452$29.06
16InvenTrust Properties$59,893$28.79
17Pwc$59,809$28.75
18InterContinental Hotels Group Resources, Inc.$59,357$28.54
19CFM International$58,978$28.35
20Cubic$58,955$28.34

Wage gap by gender, race and education

$54,000$53,200$52,400$51,600$50,800$50,000
MaleFemale

Property Manager salary by industry

The average property manager salary varies across industries:

  • The average property manager salary in the professional industry is $50,963, the highest of any industry.
  • The average property manager salary in the finance industry is $50,163.
  • Property managers in the real estate industry earn an average salary of $47,098, the lowest of any industry.

Highest paying industries for property managers

RankIndustryAverage SalaryHourly Rate
1Professional$50,963$24.50
2Hospitality$50,163$24.12
3Finance$49,720$23.90
4Retail$49,143$23.63
5Manufacturing$48,244$23.19
6Real Estate$47,098$22.64

High Paying Property Manager Jobs

Property Manager salary trends

The average property manager salary has risen by $5,987 over the last ten years. In 2014, the average property manager earned $43,971 annually, but today, they earn $49,958 a year. That works out to a 5% change in pay for property managers over the last decade.

Compare property manager salaries for cities or states with the national average over time.

Average property manager salary over time

Compare property manager salaries for individual cities or states with the national average.

    Property Manager salary by year

    YearAvg. SalaryHourly Rate% Change
    2025$50,000$24.02+1.5%
    2024$49,200$23.66+0.7%
    2023$48,900$23.49-0.6%
    2022$49,100$23.62+2.8%
    2021$47,800$22.96+2.9%

    Recently added property manager salaries

    CompanyJobLocationDate AddedSalary
    Cushman & Wakefield Inc.Property ManagerLas Vegas, NV12/18/2024$76,500
    Colliers InternationalProperty ManagerSan Jose, CA12/17/2024$110,000
    Afi LLCOnsite Property ManagerNoel, MO12/17/2024$60,000
    Pure Property ManagementProperty ManagerLexington, KY12/17/2024$48,000
    CRMGProperty ManagerBeaverton, OR12/17/2024$58,436
    RHG ManagementProperty ManagerHoney Brook, PA12/17/2024$33,392
    Oilandgas.org.UkProperty Manager-The QuarryKey West, FL12/17/2024$80,000
    Village GreenLuxury Property ManagerPittsburgh, PA12/16/2024$70,000
    Regency CentersProperty ManagerWalnut Creek, CA12/16/2024$80,000
    PennroseProperty ManagerWilmington, DE12/16/2024$68,000

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