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Create CVIf you’re searching “leasing agent salary US” or wondering how much a leasing agent makes per year in the United States, the short answer is: it varies significantly based on commissions, property type, and location.
Unlike many fixed-salary roles, leasing agents operate in a hybrid compensation model where base salary is only part of the picture. High performers can double their income through commissions and bonuses, while entry-level agents often start closer to hourly wages.
This guide breaks down realistic US salary ranges, total compensation structures, recruiter insights, and negotiation strategies so you can understand what you can actually earn—and how to increase it.
Entry-level leasing agent salary: $32,000 – $45,000
Mid-level leasing agent salary: $45,000 – $65,000
Senior leasing agent salary: $65,000 – $85,000+
Top performers (high commission markets): $90,000 – $120,000+
Average base salary: $44,000 – $52,000
Hourly equivalent: $18 – $25 per hour
Base salary: $32,000 – $42,000
Commission: $3,000 – $10,000
Total compensation: $35,000 – $50,000
What determines pay at this level:
Ability to close leases
Customer service and sales aptitude
Property traffic volume
Recruiter insight:
At entry level, hiring managers prioritize sales potential over experience. Candidates with retail or sales backgrounds often earn more faster.
Total compensation: $45,000 – $70,000
Commission per lease: $100 – $300
Most common entry point into the industry
Total compensation: $70,000 – $110,000+
Commission per lease: $300 – $1,000+
Why pay is higher:
Higher rent = higher commission
More demanding clientele
Typical total compensation (TC): $50,000 – $75,000
High-performing agents in major metros: $80,000 – $110,000+
Key Insight:
Recruiters rarely evaluate leasing agent compensation based on base salary alone. Hiring decisions are made around expected leasing volume, not just experience.
Base salary: $42,000 – $55,000
Commission: $10,000 – $25,000
Total compensation: $55,000 – $75,000
What increases compensation:
Higher lease conversion rates
Managing larger or premium properties
Handling renewals and upsells
Hiring manager perspective:
At this stage, compensation is tied to revenue contribution per unit, not just tenure.
Base salary: $55,000 – $70,000
Commission: $20,000 – $50,000+
Total compensation: $75,000 – $100,000+
Top earners:
Work in luxury or Class A properties
Lease high-demand units quickly
Handle multi-property portfolios
Critical insight:
Senior agents often negotiate commission multipliers, not just salary increases.
Lower vacancy tolerance
Total compensation: $80,000 – $150,000+
Commission: significantly higher per deal
Key difference:
Commercial leasing is closer to real estate brokerage, with fewer deals but larger payouts.
Total compensation: $50,000 – $80,000
High volume = consistent commissions
Recruiter insight:
These roles reward speed and volume over relationship-building.
New York City: $60,000 – $100,000+
San Francisco: $65,000 – $110,000+
Los Angeles: $60,000 – $95,000
Dallas: $50,000 – $75,000
Atlanta: $48,000 – $70,000
Denver: $55,000 – $80,000
Midwest cities: $40,000 – $60,000
Smaller towns: $35,000 – $55,000
Important:
Higher salaries in major cities are driven more by commission potential than base salary.
Fixed income
Typically 60–75% of total compensation
Per lease signed
Percentage of rent (rare but higher upside)
Tiered commission (higher after targets met)
Monthly leasing targets
Occupancy rate bonuses
Renewal incentives
Discounted rent or free housing (huge hidden value)
Health insurance
PTO
Retirement plans
Hidden Compensation Insight:
Free or discounted rent can be worth $10,000 – $25,000 annually, making total compensation much higher than salary alone.
Higher rent properties = higher commissions.
More prospects = more deals = more income.
Top agents close 30–50%+ of tours.
Average agents close 15–25%.
This alone can double income.
Large property management companies → stable salary, lower commission
Boutique or high-end firms → lower base, higher upside
Most candidates accept first offers—this is a major mistake.
Switching from standard apartments to luxury properties can increase income by 30–70%.
Weak Example:
“I’d like a higher base salary.”
Good Example:
“I’d like to discuss increasing commission per lease or introducing a tiered structure based on performance.”
Track and improve:
Tour-to-lease conversion
Lead response time
Closing speed
These directly impact income.
Even lateral moves geographically can increase earnings significantly.
Top candidates often increase offers by $5,000 – $15,000 simply by having competing opportunities.
Companies define:
Base salary range
Commission structure
Bonus thresholds
These are approved by finance before hiring begins.
Hiring managers ask:
Will this candidate close more leases than others?
Can they handle premium tenants?
Will they increase occupancy faster?
Stronger “yes” answers = higher offer.
There is usually 10–20% flexibility in offers for strong candidates.
Property Manager: $70,000 – $110,000
Regional Manager: $100,000 – $160,000+
Strategic insight:
The biggest salary jump comes when moving from leasing into management roles.
Many candidates underestimate how commissions work.
Two roles with the same title can differ by $40,000+ in earnings.
This is often one of the most valuable compensation components.
Most leasing agents leave $5,000 – $10,000+ on the table.
Most leasing agents earn: $50,000 – $75,000 total compensation
Strong performers: $75,000 – $100,000+
Top-tier agents: $100,000+ in premium markets or commercial roles
Your earning potential is not capped by salary—it’s driven by:
Property value
Sales performance
Commission structure
Market demand
If you treat leasing as a sales career, not just a job, your income ceiling increases dramatically.
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