Construction & Real Estate Las Cruces, NM Pop. 111,385

Property Manager Salary in Las Cruces, New Mexico

The median property manager salary in Las Cruces, NM is $53,390 per year, which is 12% below the national median and 5.4% below the New Mexico state average.

City Median
$53,390
vs State Avg
$-3,033
vs National
$-7,280
Cost of Living
88%

Property Manager Pay in Las Cruces: What to Expect (2026)

Las Cruces offers a median property manager salary of $53,390, which is $3,033 below the New Mexico state average of $56,423. Compared to the national median of $60,670, Las Cruces pays below the national benchmark for this role.

One of Las Cruces's biggest advantages is its low cost of living at 88% of the national average. This means the $53,390 salary stretches further here — equivalent to roughly $60,670 in an average-cost city. This makes Las Cruces an attractive option for property managers seeking strong real-dollar compensation.

The salary range for property managers in Las Cruces spans from $29,920 at the 10th percentile to $98,560 at the 90th percentile — a $68,640 spread. Entry-level professionals start around $33,440, while senior property managers with 8+ years of experience can earn up to $92,400. With a population of 111,385, Las Cruces is a mid-sized metro with a growing job market.

Property Manager Salary in Las Cruces by Experience

In Las Cruces, an entry-level property manager earns around $33,440, while experienced professionals earn up to $92,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$54,560
$-7,440 vs national
Senior Level (8+ yrs)
$92,400
$-12,600 vs national

Salary Percentiles in Las Cruces, NM

Percentile Las Cruces
10th Percentile $29,920
25th Percentile $38,720
Median (50th) $53,390
75th Percentile $74,800
90th Percentile $98,560

Property Manager Salary in Other New Mexico Cities

How to Become a Property Manager in Las Cruces

Education

Most property manager positions require a high school diploma. Las Cruces and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Las Cruces may vary based on local industry and population growth.

Find Property Manager Jobs in Las Cruces

Browse open property manager positions in Las Cruces, NM:

Frequently Asked Questions: Property Manager Salary in Las Cruces

How much does a Property Manager make in Las Cruces, NM? ▼
The median property manager salary in Las Cruces, New Mexico is $53,390 per year, which is 12% below the national median of $60,670. Salaries range from $29,920 (10th percentile) to $98,560 (90th percentile).
How much does a Property Manager make per hour in Las Cruces? ▼
Based on the median annual salary of $53,390, a property manager in Las Cruces earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Las Cruces compare to the New Mexico state average for property manager pay? ▼
Las Cruces's median property manager salary of $53,390 is 5.4% below the New Mexico state average of $56,423. The local cost of living index is 88% of the national average.
What is the cost of living in Las Cruces, NM? ▼
Las Cruces has a cost of living index of 88% compared to the national average. This means a property manager salary of $53,390 in Las Cruces has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Las Cruces? ▼
Most property manager positions in Las Cruces require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.