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Residential Property Manager Jobs in Rio Rancho, NM

Certified Residential Appraiser

Albuquerque, NM · On-site

$91K - $112K/yr

The Appraiser has the ability to complete valuations for most types of properties and complexities ... Exercise the ability to effectively manage daily activities in order to efficiently establish a ...

Certified Residential Appraiser

Albuquerque, NM · On-site

$91K - $112K/yr

The Appraiser has the ability to complete valuations for most types of properties and complexities ... Exercise the ability to effectively manage daily activities in order to efficiently establish a ...

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Residential Property Manager information

See Rio Rancho, NM salary details

$28.2K

$57.3K

$89.8K

How much do residential property manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for residential property manager in Rio Rancho, NM is $57,274.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,100.00 and $66,800.00 per year, depending on experience, location, and employer.

How hard is it to get a CPM?

Earning the Certified Property Manager (CPM) designation for a Residential Property Manager involves meeting experience requirements, typically several years in property management, and passing a comprehensive exam. Candidates often need to demonstrate knowledge of leasing, maintenance, finance, and legal aspects of property management, and may pursue coursework through the Institute of Real Estate Management (IREM).

What are some common challenges faced by Residential Property Managers, and how can they be addressed?

Residential Property Managers often encounter challenges such as handling tenant disputes, maintaining high occupancy rates, and staying compliant with local housing regulations. Effective communication skills help in resolving tenant concerns promptly, while keeping detailed records ensures legal compliance and smooth operations. Building strong relationships with contractors and vendors also helps address maintenance issues quickly, contributing to tenant satisfaction and property value.

What Are the Job Duties of a Residential Property Manager?

The duties of a residential property manager are to maintain and improve a residential investment property and to provide the tenants with necessary maintenance services, such as conducting simple repairs or making improvements to the units. Your responsibilities to the owner of the building include marketing the property, such as placing ads or holding open houses, screening applications, and handling payment and eviction issues. You need to be able to draw up the rental and lease agreements, keep proper financial and legal documentation related to the building, and ensure that the building complies with all local, state, and federal building and safety codes.

What is the difference between Residential Property Manager vs Leasing Agent?

AspectResidential Property ManagerLeasing Agent
CredentialsReal estate license, property management certificationsReal estate license, leasing certifications
Work EnvironmentOversees multiple properties, manages staff, handles maintenanceFocuses on showing properties, processing applications, signing leases
Employer & Industry UsageProperty management companies, landlordsReal estate brokerages, leasing agencies
Common Search/ComparisonOften compared for management responsibilitiesOften compared for leasing and tenant placement

The main difference is that a Residential Property Manager oversees the entire property operation, including maintenance and tenant relations, while a Leasing Agent primarily focuses on marketing and leasing units. Both roles require real estate credentials and work within the property management or real estate industry, but their responsibilities and scope differ significantly.

What are the duties of a residential property manager?

A residential property manager oversees the daily operations of rental properties, including tenant screening, rent collection, maintenance coordination, and ensuring property compliance with laws. They handle lease agreements, address tenant concerns, and may coordinate repairs or inspections to maintain property value and tenant satisfaction.

What are residential property managers?

Residential property managers are professionals responsible for overseeing the day-to-day operations of rental properties, such as apartment buildings, houses, and condominiums. Their duties typically include collecting rent, handling tenant requests or complaints, coordinating repairs and maintenance, and ensuring the property complies with local laws and regulations. Property managers also screen prospective tenants, manage leases, and may handle budgeting and financial reporting for property owners. Their goal is to maximize the value and profitability of the property while providing quality service to tenants.

What type of property manager makes the most money?

Senior residential property managers, such as those overseeing large portfolios or luxury properties, tend to earn the highest salaries. Experience, certifications, and management of high-value or commercial properties also contribute to higher income levels in property management roles.

How much does a property manager get paid per house?

A residential property manager's pay per house varies based on factors like property size, location, and management responsibilities. Typically, property managers charge a monthly fee ranging from 4% to 10% of the rental income or a flat fee per property, often between $50 and $200. Compensation can also include additional fees for maintenance, leasing, or administrative tasks.

What are the key skills and qualifications needed to thrive as a Residential Property Manager, and why are they important?

To thrive as a Residential Property Manager, you need knowledge of property management principles, leasing regulations, and budgeting, often supported by a real estate license or relevant certification. Familiarity with property management software like AppFolio or Yardi, as well as maintenance request tracking systems, is typically required. Excellent communication, problem-solving, and organizational skills help you build strong tenant relationships and handle day-to-day challenges effectively. These skills are crucial for ensuring tenant satisfaction, maintaining property value, and ensuring smooth property operations.
What job categories do people searching Residential Property Manager jobs in Rio Rancho, NM look for? The top searched job categories for Residential Property Manager jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Residential Property Manager jobs? Cities near Rio Rancho, NM with the most Residential Property Manager job openings:
Community Manager

Community Manager

Mayfair Management Group

Albuquerque, NM • On-site

$32/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

Community Manager
$32 Hourly
We are currently seeking an experienced Property Manager with a full understanding of managing affordable housing properties, who is organized with great attention to detail and excellent customer service skills.
Are you an experienced Property Manager with a passion for doing something great for your community? Are you looking for a place where you can make a difference, receive ongoing support and training, and build a rewarding, long-lasting career? If so, we think you should get to know us. With an outstanding track record of success, we are known for our high employee retention, incredible work environment, and amazing company benefits. We are driven to help our employees grow and we provide education, support, training, and some of the best mentorship available in the industry.
Our client takes pride in successfully maintaining and preserving the culture and heritage of areas they oversee while assisting in the growth of those communities. The ideal Property Manager will share similar values and have previous exposure managing residential properties.
We offer great benefits including:
  • Comprehensive training
  • Competitive salaries and bonuses
  • Paid vacation, sick days, and holidays
  • 401(k) plan with a company match
  • Medical
  • Dental
  • Vision
  • Employer Paid Basic Life Insurance
  • Employee Referral Program
  • Employee Awards and Recognition
  • Career Advancement Opportunities

SUMMARY: The Property Manager is fully accountable for the day-to-day property operations, overseeing and enhancing the value of the property. The Property Manager works with upper management on the property and the company's objectives, and the annual budget, developing the property team members to maximize performance and taking a hands-on approach to any necessary duties to accomplish objectives as well as to facilitate the successful performance of others by performing the following duties personally or through subordinates.
ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by supervisory personnel.
  • Prepares and implements a marketing plan for the property each
  • Responsible for ensuring 100% compliance with any tax-credit or set-aside apartment
  • Responsible for maintaining budgeted occupancy levels at approved rental
  • Prepares and monitors operating budget, and reports on the status of property such as variance and occupancy reports.
  • Responsible for achieving the highest possible Net Operating Income (NOI) through effective cost control and maximizing
  • Collects specified rents, delinquent rents, files evictions and approves write-offs as
  • Conducts regular training for all staff
  • Responsible for maintaining all on-site books, record keeping and
  • Conducts periodic meetings with the entire staff,
  • Arranges for alterations to, maintenance upkeep, or reconditioning of property as specified in property management Supervises maintenance of buildings and grounds.
  • Employs or contracts for services of leasing consultants, maintenance, groundskeeping personnel, onsite management personnel, and security when supervising the hiring process by subordinates.
  • Arranges for and approve purchasing of supplies, services, and goods for the
  • Attends to resident issues and needs, including neighbor disputes, renewals, maintenance issues, and all matters relating to the
  • Develops and implements resident retention, marketing, and advertising programs.
  • Responds to after hour's emergency calls as
  • Assists with the eviction of residents in compliance with court orders and directions from
  • Creates and maintains a positive environment for staff and promotes a high-quality of rental-living experience.

CERTIFICATES, LICENSES, REGISTRATIONS
  • Will be encouraged to earn the ARM or CAM designation
  • Complete and pass Fair Housing Test
  • Compliance Training Certificate (For Tax Credit or Set-Aside Communities)
  • Valid state driver's license

OTHER QUALIFICATIONS
  • LIHTC experience preferred
  • Working knowledge of Microsoft Word, Excel, and Yardi Systems
  • A high degree of professionalism
  • Team Player
  • Flexible
  • Organized
  • Detail-oriented
  • Firm, Fair, and Consistent
  • Able to lead and manage others
  • Willing to work weekends