How to Become a Property Manager
Run residential, commercial and community properties: tenants, maintenance, leases and budgets. It typically requires a high school diploma, with a median salary of $69,990 per year and about average projected job growth.
Median pay
$69,990/yr
Middle half
$50,720 to $97,910
Job growth
About average
Openings / yr
39,000
Majors that lead here
Key skills
- Operations
- Customer Service
- Budgeting
- Negotiation
Related careers
- Entrepreneur / Business Founder$213,990 median
- Human Resources Manager$149,280 median
- Sales Manager$148,270 median
- Purchasing Manager$148,080 median
- Fundraising Manager$125,470 median
- Administrative Services Manager$114,130 median
Frequently asked questions
How much does a Property Manager make?
The median pay for a Property Manager is $69,990 a year, and the middle half of workers earn between $50,720 and $97,910 (U.S. Bureau of Labor Statistics, May 2025). That covers everyone in the job, not only people starting out, so newer workers sit toward the lower end.
What degree do you need to become a Property Manager?
The usual entry point is a high school diploma. Common majors are Real Estate and Business Administration.
Is Property Manager a growing field?
Projected job growth for this role from 2024 to 2034 is about average (BLS projections via O*NET), with roughly 39,000 U.S. openings a year.
What skills does a Property Manager use most?
Common skills for this role are Operations, Customer Service, Budgeting, and Negotiation.
Planning to become a Property Manager?
Save this career to your PlanexAI path and track the majors, courses, and milestones that lead to it.
Not sure this is right for you?
Take our free 2-minute quiz to match your interests to majors and careers.
Take the major quizWhere these pay figures come from
Career pay is the annual wage of everyone working in that occupation, not only recent graduates, so it includes people who have done the job for decades. The middle half is the 25th to the 75th percentile. U.S. Bureau of Labor Statistics and O*NET OnLine (median and percentile annual wages May 2025; employment projections 2024-2034).
All figures are national. What you earn depends on where you work, who you work for, and how far you take the degree.
Job-growth figures: U.S. Bureau of Labor Statistics and O*NET OnLine (median and percentile annual wages May 2025; employment projections 2024-2034).