Property, real estate, and community association managers
SOC Code: 11-9141Also known as:
Apartment Community Manager, Apartment House Manager, Apartment Manager, Apartment Property Manager, Building Rental Manager
Median Annual Salary
$66,700
+3.6% growth (2024-2034)
39K
Openings/Year
466K
Current Jobs
What Property, real estate, and community association managers Do
Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
💰 Salary
$66,700
Median annual wage (2024)
📈 Job Growth
+3.6%
As fast as average
🎓 Education
High school diploma or equivalent
Typical entry-level requirement
🚀 Annual Openings
39K
Projected average per year
👔 Work Experience
Less than 5 years
Required before entry
📚 On-the-Job Training
Short-term on-the-job training
Expected training period
Employment Projections (2024-2034)
Current Employment (2024)
466,100
Projected Employment (2034)
483,100
Related Careers
Facilities managers
$104,690 •
+3.8% growth
Real estate brokers
$72,280 •
+3.3% growth
Real estate sales agents
$56,320 •
+3.1% growth
Top Skills Required
Speaking
Reading Comprehension
Active Listening
Writing
Coordination
Daily Tasks & Responsibilities
- Prepare detailed budgets and financial reports for properties.
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Act as liaisons between on-site managers or tenants and owners.
- Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
Technology & Tools
📚 Entry-Level Education
High school diploma or equivalent
Most common requirement
🎯 Recommended Education
Bachelor's Degree
O*NET recommended level
Degree Programs for Property, real estate, and community association managers
These degree programs can prepare you for a career as a property, real estate, and community association managers:
Real Estate
7,906 degrees awarded •
209 colleges offer this program
Real Estate Development
555 degrees awarded •
17 colleges offer this program
Best Colleges for Becoming a Property, real estate, and community association managers
Ranked by Repit grade, then by degrees in related programs. These are the top-rated colleges that prepare students to become property, real estate, and community association managers.
Want this ranking as a spreadsheet? Investor Pro+ members can export any Repit table to CSV. See plans →
Frequently Asked Questions
How much do property, real estate, and community association managers make?
The median annual salary for property, real estate, and community association managers is $66,700.
What education do property, real estate, and community association managers need?
Most property, real estate, and community association managers positions require a high school diploma or equivalent.
Common degree programs include Real Estate, Real Estate Development.
Is becoming property, real estate, and community association managers a good career choice?
Property, real estate, and community association managers is projected to see +3.6% job growth from 2024 to 2034,
which is about average for all occupations. With approximately 39,000 job openings expected annually,
there are good opportunities for those entering the field.
What are the best colleges for property, real estate, and community association managers?
Top colleges for aspiring property, real estate, and community association managers include
New York University, University of Georgia, University of Southern California, Columbia University in the City of New York, Harvard University.
These schools are ranked based on their Repit grade and the number of graduates in related programs.
What other job titles are similar to property, real estate, and community association managers?
Property, real estate, and community association managers may also be known as: Apartment Community Manager, Apartment House Manager, Apartment Manager, Apartment Property Manager, Building Rental Manager, Building Rental Superintendent, Building Superintendent, Cemetery Manager, Commercial Property Manager, Community Association Manager, Community Director, Community Manager, Condominium Association Manager, Condominium Manager, Cooperative Manager, District Manager, Facility Manager, Homeowner Association Manager, Housing Director, Housing Manager.
These titles often refer to similar roles with varying responsibilities or specializations.