As of May 01, 2025, the average hourly pay of Residential Property Manager I in the United States is $37. While Salary.com is seeing that the highest pay for Residential Property Manager I in the US can go up to $45 and the lowest down to $28, but most earn between $32 and $42. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Property Manager I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $42 | $3 | $1 | $0 |
| Average | $37 | $3 | $1 | $0 |
| 25th Percentile | $32 | $3 | $1 | $0 |
As of May 01, 2025, Salary.com is seeing that an entry-level Residential Property Manager I with under 1 year experience makes about $73,679. With less than 2 years of experience, a mid-level Residential Property Manager I makes around $74,128. After 2-4 years, the Residential Property Manager I pay rises to about $75,627. Those senior Residential Property Manager I with 5-8 years of experience earn roughly $77,425, and those Residential Property Manager I having 8 years or more experience is expected to earn about $79,697 on average.
| Levels | Salary |
|---|---|
| Entry Level Residential Property Manager I | $73,679 |
| Intermediate Level Residential Property Manager I | $74,128 |
| Senior Level Residential Property Manager I | $75,627 |
| Specialist Level Residential Property Manager I | $77,425 |
| Expert Level Residential Property Manager I | $79,697 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 3% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of May 01, 2025, the average yearly salary of Residential Property Manager I is $85,400 in California and in Massachusetts, the average annual salary goes to $84,262. While in New Jersey, a Residential Property Manager I earns $83,921 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of May 01, 2025, the average yearly salary of Residential Property Manager I in San Francisco, CA is $96,696 and in New York, NY, the average annual salary goes to $89,728. While a Residential Property Manager I earns $86,352 per year in Boston, MA.
For those exploring the changing dynamics of Residential Property Manager I salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of May 01, 2025, our research highlights a notable shift in Residential Property Manager I compensation over the past six years. For instance, the median salary has moved from $78,299 in 2023 to about $78,690 in 2024 (for a comprehensive analysis of Residential Property Manager I salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Residential Property Manager I information for you to search for. Click on search button below to see Residential Property Manager I job openings or enter a new job title here.
Here are companies hiring for Residential Property Manager I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $77,425 | 66.6% | ||
| Bonus | $6,716 | 5.8% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,437 | 5.5% | ||
| 401K/403B | $3,955 | 3.4% | ||
| Disability | $673 | 0.6% | ||
| Healthcare | $6,056 | 5.2% | ||
| Pension | $4,628 | 4.0% | ||
| Time Off | $10,356 | 8.9% | ||
| Total Compensation | $116,244 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.6% |
| High School | 42.2% |
| Associates | 17.0% |
| Bachelors | 33.5% |
| Masters | 4.3% |
| Doctorate | 0.4% |
What Am I Worth?
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.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
