Residential Property Manager I Salary in the United States

How much does a Residential Property Manager I make in the United States? The average Residential Property Manager I salary in the United States is $71,660 as of August 27, 2023, but the range typically falls between $63,967 and $80,790. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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Job Description

Manages the daily operations of one or more residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. May be responsible for managing property budgets, collections and/or property improvement initiatives. May require a bachelor's degree in related area. Typically reports to a head of a unit/department. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2023 Salary.com)

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Understand the total compensation opportunity for a Residential Property Manager I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
63967
80790
71660

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
68632
95759
80296
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Property Manager I in the United States. The base salary for Residential Property Manager I ranges from $63,967 to $80,790 with the average base salary of $71,660. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $68,632 to $95,759 with the average total cash compensation of $80,296.
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63967
80790

 

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Career Path for this job

  1. Down a level:

    Assistant Residential Property Manager

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Residential Property Manager I

    3 - 5 years experience
    Bachelor's Degree

  3. Up a level:

    Residential Property Manager II

    5 + years experience
    Bachelor's Degree

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Job Openings for Residential Property Manager I