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Salary report · US · 2026

Property Manager Salary

The average property manager salary is $61,165 per year in the United States in 2026. Base pay runs from $40,000 at the 10th percentile to $88,000 at the 90th, with a median of $61,000. Bonuses add $612–$11,000, putting total pay between roughly $36,000 and $87,000.

Avg. base pay
$61,165
per year, USD
Base range (10th–90th)
$40k–$88k
median $61k
Total pay range
$36k–$87k
incl. bonus $612–$11k

Definition & distribution

What is the average property manager salary?

A property manager earns an average base salary of $61,165 per year in the US as of 2026. The role runs the operation of a property, and pay rises with the size and value of the portfolio managed.

The 10th percentile at $40,000 is 34% below the $61,000 median, while the 90th at $88,000 is 44% above it. The upper tail belongs to managers overseeing larger commercial or multi-property portfolios.

10th · $40kMedian · $61k90th · $88kBASE SALARY, USD / YEAR
Fig. 1 — Base pay percentiles. Source: reported salary profiles.

Known limitations. This record is built on 4,015 salary profiles (last updated July 2026). The median is reliable.

Pay components

How is property manager total pay structured?

Reported total compensation for property managers has two components: base salary and a modest annual bonus.

ComponentLowHighReading
Base salary$40,000$88,000Dense around the $61k median
Annual bonus$612$11,000Up to ~13% of top-end base
Total pay$36,000$87,000Base plus reported bonus

Pay by experience

How does experience change a property manager salary?

Property manager pay rises steadily and keeps climbing late. Entry-level sits about 22% below the role average, and late-career reaches roughly 15% above.

ROLE AVG−22%ENTRY−12%EARLY+1%MID+9%EXPERIENCED+15%LATE
Fig. 2 — Total pay vs. role average, by experience level.
  • 01

    Entry level (<1 year): ~22% below average

    Assistant and single-property managers, where most start.

  • 02

    Early to mid career: −12% to +1%

    Pay reaches the role average as managers own larger or commercial properties.

  • 03

    Experienced & late career: +9% to +15%

    The top of the range, held by managers overseeing large or multi-property portfolios.

Skills

Which skills affect a property manager salary?

Reported skills split into three tiers. Property operations are the baseline; budget and customer management command a premium; and portfolio leadership opens the senior band.

  • 01

    Property operations — the baseline

    Property management and customer service appear across profiles. They define the role.

  • 02

    Budget & customer — the premium tier

    Budget management and customer relations map to higher-paying roles.

  • 03

    Portfolio leadership — the promotion tier

    Operations management and leadership carry pay toward regional and portfolio roles.

Geography

Where do property managers earn the most?

Reported profiles concentrate in large metros with dense real-estate demand.

MetroMarket characterNotes
Houston, TXCommercial & residentialTop of range; good pay-to-cost ratio
Los Angeles, CAResidential & commercialHigh pay, high cost of living
Miami, FLResidential & hospitalityStrong real-estate market
San Diego, CAResidential & commercialStrong demand
Chicago, ILCommercial & residentialDiversified demand

Check your pay

Where does your salary fall?

Enter your current base salary to see where it falls against the 2026 US distribution for property managers. Nothing is stored or sent anywhere — the calculation runs entirely in your browser.

Raising your pay

How can property managers increase their salary?

Three mechanisms reliably move property manager pay, in descending order of effect:

  • 01

    Manage larger portfolios

    Bigger or commercial portfolios are the clearest path up this role's range.

  • 02

    Move into commercial property

    Commercial properties tend to pay above residential.

  • 03

    Move toward regional roles

    Regional and portfolio-management roles are where pay continues past this title.

FAQ

Property Manager salary: FAQ

About $88,000 per year at the 90th percentile of base pay. With bonuses of up to $11,000, top-end total compensation lands around $87,000 on file.

About $40,000 per year at the 10th percentile of base pay. Figures this low typically reflect assistant or single-property managers.

Most reliably by managing larger portfolios, moving into commercial property, and stepping toward regional roles.

Sometimes, and they are modest. Reported annual bonuses range from about $612 to $11,000, bringing total pay to between roughly $36,000 and $87,000 per year.

Reliable at the median, built on 4,015 salary profiles reported to PayScale (updated July 2026).

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