Property Manager Salary (2025)
Property managers oversee rental properties on behalf of owners.
The median Property Manager salary is $60,000 per year ($29/hour). Entry-level Property Managers earn around $40,000 while experienced Property Managers earn $92,000 or more annually.
Salary variation for Property Managers is driven by experience, with entry-level positions starting at $40,000 and senior roles reaching $92,000. Specializations in commercial property management and real estate investment typically offer higher salaries, while regional factors, such as cost of living and demand, significantly impact earnings; for instance, salaries are generally higher in metropolitan areas.
AI-generated insight based on BLS data · For reference only
Salary Range
Median: $60,000 — positioned between entry and senior
Top Paying States for Property Managers
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $85,000 | +42% |
| California | $83,000 | +38% |
| New York | $77,000 | +28% |
| Alaska | $75,000 | +25% |
| Massachusetts | $75,000 | +25% |
| New Jersey | $72,000 | +20% |
| Connecticut | $71,000 | +18% |
| Washington | $69,000 | +15% |
Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.
How to Become a Property Manager
Most Property Manager positions require: Bachelor's Degree + real estate license. Salaries typically increase significantly with experience and specialization.
Property Manager Salary by State
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Frequently Asked Questions
What is the average Property Manager salary?
The median Property Manager salary is $60,000 per year, which works out to approximately $29/hour based on a 40-hour work week.
How much does an entry-level Property Manager make?
Entry-level Property Managers typically earn around $40,000 per year. Salaries grow significantly with experience and specialization.
What is a senior Property Manager's salary?
Experienced Property Managers can earn up to $92,000 or more annually depending on location, employer, and specialization.
What education is required to become a Property Manager?
Most Property Manager positions require: Bachelor's Degree + real estate license.