Area Residential Property Manager Salary in the United States

How much does an Area Residential Property Manager make in the United States? The average Area Residential Property Manager salary in the United States is $127,387 as of May 01, 2023, but the range typically falls between $113,393 and $146,706. 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

Job Description

Leads residential property management activities in a given geographic area to maximize sales, profitability, and tenant satisfaction. Develops and implements operational policies. Trains and manages individual property managers. Ensures that properties meet established quality standards. May support marketing and investor relations. May handle escalated tenant matters. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2023 Salary.com)

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

Average Base Salary

Core compensation

 
 
 
113393
146706
127387

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
124726
180844
147364
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Area Residential Property Manager in the United States. The base salary for Area Residential Property Manager ranges from $113,393 to $146,706 with the average base salary of $127,387. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,726 to $180,844 with the average total cash compensation of $147,364.
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113393
146706

 

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Career Path for this job

  1. Down a level:

    Residential Property Manager III


    Bachelor's Degree

  2. This Job:

    Area Residential Property Manager


    Bachelor's Degree

  3. Up a level:

    Vice President of Residential Property Management


    Bachelor's Degree

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Job Openings for Area Residential Property Manager