An apartment property manager handles virtually every aspect of the apartment complex for the real estate owner. Their responsibilities include collecting rent from tenants, as well as setting rent prices and adjusting them if necessary. Property managers also show available apartments to prospective renters, manage other employees at the apartment complex, and oversee the general well-being of the development. Property managers are responsible for managing the budget for the complex, and in some cases they may even handle taxes and legal work on behalf of the property owner.