Residential Property Manager III Salary in the United States

How much does a Residential Property Manager III make hourly in the United States? The average hourly wage for a Residential Property Manager III in the United States is $47 as of May 01, 2023, but the range typically falls between $40 and $54. 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

Job Description

Manages the daily operations of one or more larger or more complex residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Manages property budgets, collections and/or property improvement initiatives. May supervise lower-level property managers. Typically requires a bachelor's degree in related area or equivalent. Typically reports to a head of a unit/department. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2023 Salary.com)

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Understand the total hourly compensation opportunity for a Residential Property Manager III, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
40
54
47

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
45
66
54
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 III in the United States. The average hourly rate for Residential Property Manager III ranges from $40 to $54 with the average hourly pay of $47. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $45 to $66 with the average total hourly cash compensation of $54.
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40
54

 

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Career Path for this job

  1. Down a level:

    Residential Property Manager II

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Residential Property Manager III


    Bachelor's Degree

  3. Up a level:

    Area Residential Property Manager


    Bachelor's Degree

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Job Openings for Residential Property Manager III