Residential Property Manager I Salary in the United States

How much does a Residential Property Manager I make hourly in the United States? The average hourly wage for a Residential Property Manager I in the United States is $35 as of September 25, 2023, but the range typically falls between $31 and $39. Hourly rate 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 hourly compensation opportunity for a Residential Property Manager I, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
31
39
35

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
33
46
39
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Residential Property Manager I in the United States. The average hourly rate for Residential Property Manager I ranges from $31 to $39 with the average hourly pay of $35. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $33 to $46 with the average total hourly cash compensation of $39.
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31
39

 

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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