VP of Property Management Salary in Indianapolis, IN

How much does a VP of Property Management make in Indianapolis, IN?

As of April 01, 2025, the average annual salary for a VP of Property Management in Indianapolis, IN is $148,810. Salary.com reports that pay typically ranges from $133,536 to $165,779, with most professionals earning between $119,629 and $181,228.

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Salary range for a VP of Property Management

$133,536 to $165,779

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What is a VP of Property Management?

The Vice President of Property Management is responsible for overseeing the management and maintenance of a company's real estate portfolio. This includes developing and implementing property management strategies, ensuring that properties are well-maintained and in compliance with regulations, and managing a team of property managers and maintenance staff. The VP of Property Management also plays a key role in budgeting and financial planning for property operations, as well as identifying opportunities for property acquisitions and dispositions. Additionally, they are responsible for fostering positive relationships with tenants and stakeholders, and ensuring that the company's properties are contributing to overall business objectives.

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What does a VP of Property Management do?

Common responsibilities of a VP of Property Management

Oversee the management of all properties within the company's portfolio, ensuring that they are well-maintained and meet all regulatory requirements.

September 12, 2023

Handle escalated tenant issues and disputes, working to resolve conflicts and maintain positive relationships with tenants.

September 13, 2023

Develop and implement property management strategies to maximize the value and performance of the company's real estate assets.

September 18, 2023

Stay informed about market trends, industry best practices, and new technologies in property management, and make recommendations for improvements and innovations within the company.

October 15, 2023

Establish and maintain relationships with property owners, tenants, and vendors to ensure smooth operations and tenant satisfaction.

October 21, 2023

Develop and manage property budgets, ensuring that expenses are kept in line with projections and that financial goals are met.

October 25, 2023

Ensure that all properties are in compliance with local, state, and federal regulations, including building codes, zoning laws, and fair housing requirements.

November 07, 2023

Lead a team of property managers and support staff, providing guidance, training, and performance evaluations as needed.

November 08, 2023

Monitor and analyze property performance metrics, such as occupancy rates, rental income, and operating expenses, and make recommendations for improvement.

November 09, 2023

Oversee the leasing and marketing of properties, working to attract and retain tenants and maximize rental income.

November 13, 2023

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VP of Property Management Salary By Experience Levels in Indianapolis, IN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

VP of Property Management Salary By Level of Education in Indianapolis, IN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for VP of Property Management in Indianapolis, IN

Average Base Salary

Core compensation

133536

165779

148810

Average Total Cash Compensation

Includes base and annual incentives

147443

190086

166285

What is the average salary for VP of Property Management in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of VP of Property Management in Indianapolis, IN. The base salary for VP of Property Management ranges from $133,536 to $165,779 with the average base salary of $148,810. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $147,443 to $190,086 with the average total cash compensation of $166,285.

View Average Salary for VP of Property Management as table

	Average Salary	Average Salary Range
Base Salary	$148,810	$133,536 - $165,779
Bonus	$17,475	$13,908 - $24,307
Total Pay	$166,285	$147,443 - $190,086

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

VP of Property Management Salary Near Indianapolis, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Indianapolis, IN
CITY, STATE Fishers, IN	AVERAGE SALARY RANGE $126,811 - $157,430	COMPARE TO Indianapolis, IN
CITY, STATE Greenwood, IN	AVERAGE SALARY RANGE $133,481 - $165,711	COMPARE TO Indianapolis, IN
CITY, STATE Carmel, IN	AVERAGE SALARY RANGE $133,371 - $165,575	COMPARE TO Indianapolis, IN
CITY, STATE Anderson, IN	AVERAGE SALARY RANGE $127,085 - $157,771	COMPARE TO Indianapolis, IN
CITY, STATE Bloomington, IN	AVERAGE SALARY RANGE $126,413 - $156,936	COMPARE TO Indianapolis, IN
CITY, STATE Muncie, IN	AVERAGE SALARY RANGE $126,591 - $157,158	COMPARE TO Indianapolis, IN

See salaries for VP of Property Management in locations close to Indianapolis, IN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Indianapolis, Indiana

Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indianapolis (balance) encompasses a total area of 368.2 square miles (954 km2), of which 361.5 square miles (936 km2) is land and 6.7 square miles (17 km2) is water. The consolidated city boundaries are coterminous with Marion County, with the exception of the autonomous municipalities of Beech Grove, Lawrence, Southport, and Speedway. Indianapolis is the 16th largest city by land area in the U.S. Indianapolis is within the Tipton Till Plain, a flat to...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE VP Commercial Property Management	LOCATION Indianapolis, IN	MINIMUM SALARY $171,300	MAXIMUM SALARY $211,700
JOB TITLE VP Residential Property Management	LOCATION Indianapolis, IN	MINIMUM SALARY $170,500	MAXIMUM SALARY $210,600
JOB TITLE VP of Facilities Operations and Property Management	LOCATION Indianapolis, IN	MINIMUM SALARY $193,970	MAXIMUM SALARY $251,120
JOB TITLE VP of Property Casualty Underwriting	LOCATION Indianapolis, IN	MINIMUM SALARY $218,122	MAXIMUM SALARY $269,899
JOB TITLE Vice President of Commercial Property Management	LOCATION Indianapolis, IN	MINIMUM SALARY $171,257	MAXIMUM SALARY $211,601
JOB TITLE Vice President of Residential Property Management	LOCATION Indianapolis, IN	MINIMUM SALARY $170,403	MAXIMUM SALARY $210,559

The VP of Property Management job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Indianapolis, IN that might be a good fit for the type of job and salary you are looking for.

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133536

165779

About Indianapolis, Indiana Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana area prices were up 1.3% from a year ago

VP of Property Management Salary in popular cities: Fort Wayne, Evansville, South Bend

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