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 $119,189 as of December 28, 2020, but the range typically falls between $105,951 and $136,767. 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
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 2021 Salary.com)
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