Construction & Real Estate Tennessee (TN) Rank #41 of 50

Property Manager Salary in Tennessee

The median property manager salary in Tennessee is $53,996 per year, which is 11% below the national median of $60,670.

Median Salary
$53,996
vs National
$-6,674
State Rank
#41 of 50
Cost of Living
89%

Property Manager Salary Overview in Tennessee (2026)

Tennessee ranks #41 out of 50 states for property manager compensation. Property Manager salaries in Tennessee are below the national median, though the lower cost of living can offset the difference. At $53,996 per year, property managers in Tennessee earn $6,674 less than the national median of $60,670.

A key advantage of working in Tennessee is its below-average cost of living (89% of the national index). This means the $53,996 salary has the purchasing power of roughly $60,670 in an average-cost area.

The salary spread in Tennessee is significant: property managers at the 10th percentile earn $30,260, while those at the 90th percentile bring home $99,680 — a $69,420 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Tennessee for this role is Nashville, where the median reaches $60,670.

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for property managers across the country.

Property Manager Salary in Tennessee by Experience

In Tennessee, an entry-level property manager earns around $33,820, while experienced professionals earn up to $93,450 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$33,820
$-4,180 vs national
Mid Level (3-7 yrs)
$55,180
$-6,820 vs national
Senior Level (8+ yrs)
$93,450
$-11,550 vs national

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Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $30,260
25th Percentile $39,160
Median (50th) $53,996
75th Percentile $75,650
90th Percentile $99,680

Property Manager Salary by City in Tennessee

The largest employment areas for property managers in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries vary by city based on local cost of living and demand.

How to Become a Property Manager in Tennessee

Education

Most property manager positions require a high school diploma. Tennessee has several accredited institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook in Tennessee

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Tennessee's demand may vary based on local industry trends.

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Data shows Property Managers who negotiate earn 7–15% more. A single negotiation could add $39,454 over your career trajectory.

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Frequently Asked Questions: Property Manager Salary in Tennessee

How much does a Property Manager make in Tennessee? ▼
The median property manager salary in Tennessee is $53,996 per year, which is 11% below the national median of $60,670. Salaries range from $30,260 (10th percentile) to $99,680 (90th percentile).
How much does a Property Manager make per hour in Tennessee? ▼
Based on the median annual salary of $53,996, a property manager in Tennessee earns approximately $26 per hour assuming a standard 2,080-hour work year.
Is Tennessee a good state for property managers? ▼
Tennessee ranks #41 out of 50 states for property manager pay. The cost of living index is 89% of the national average. Entry-level property managers earn $33,820, while senior professionals earn $93,450.
How does Tennessee compare to other states for property manager salary? ▼
The highest paying state for property managers is Hawaii at $103,139. Tennessee's median of $53,996 ranks #41 nationally. Nearby-ranked states include Iowa ($53,996) and South Carolina ($53,996).
What is the entry-level property manager salary in Tennessee? ▼
An entry-level property manager in Tennessee earns approximately $33,820 per year. With 3-7 years of experience, pay increases to around $55,180. Senior-level professionals with 8+ years earn up to $93,450.
What city in Tennessee pays property managers the most? ▼
Nashville is the highest paying city in Tennessee for property managers, with a median salary of $60,670. Other cities include Memphis and Knoxville.