Property management software is application software used by landlords, property management companies and owner-operators to run rental real estate: listing vacancies, screening applicants, signing leases, collecting rent, dispatching maintenance, keeping trust and owner accounting, and producing owner statements and tax forms. Larger platforms add revenue management, utility billing, procurement and resident apps; smaller tools concentrate on rent collection and leases for individual landlords.
This list covers 15 products available in the United States in November 2026, spanning enterprise multifamily systems from RealPage, Entrata, Yardi and MRI Software, mid-market platforms such as AppFolio, Buildium, Rent Manager and DoorLoop, and low-cost or free tools for independent landlords. Published prices range from free plans (Avail, TurboTenant, Innago, Hemlane Starter) to per-unit subscriptions of US$1 to US$5 per unit per month with monthly minimums, while enterprise suites are sold on quotation.
Entries are ordered by breadth of the core platform, vendor-published scale (units, customers or residents served) and transparency of published pricing.
Contents
- What is property management software
- History and market
- Key features to compare
- Pricing models
- How to choose
- Methodology
- The list
- Comparison table
- Alternatives by use case
- Recent developments
- Frequently asked questions
- See also
What is property management software
Property management software is the system of record for a rental business. At its core sits a property-specific general ledger that separates owner funds held in trust from the manager's own operating money, generates owner statements and handles security deposits, late fees and recurring charges. Around the ledger are leasing tools (listing syndication, online applications, tenant screening and electronic lease signing), resident tools (portals and apps for paying rent and filing maintenance requests) and operations tools (work orders, vendor payments, inspections and unit turns).
The category is distinct from several adjacent ones. Accounting software for small business, such as general-ledger products used by any company, lacks rent rolls, tenant ledgers and trust accounting. HOA management software focuses on community associations, dues and board governance, although several platforms here (Buildium, Yardi Breeze, Rent Manager) cover associations too. Real estate CRM software is used by brokers and agents to manage sales pipelines rather than occupied units. Facility management software and CMMS software handle building maintenance for owner-occupiers rather than lease administration. Commercial lease administration and lease accounting tools, such as those sold by MRI Software, overlap with property management on the commercial side.
Within the category there are three broad tiers: enterprise systems for large multifamily and commercial portfolios, which are usually quote-based and highly configurable; mid-market platforms for third-party property management companies managing hundreds to tens of thousands of units; and self-service landlord tools for owners with a handful of rentals, typically free or priced at a flat monthly fee.
History and market
Early property management systems were installed desktop and server products sold to large owners. Rent Manager's developer, London Computer Systems of Cincinnati, says the product began about four decades ago as bespoke software written for one property manager; Yardi describes Breeze as drawing on more than 35 years of Yardi software; and MRI Software calls itself a proptech provider for more than 50 years. RealPage was founded in 1998 in Richardson, Texas, and Entrata has offered property management software since 2003.
Cloud delivery reshaped the mid-market in the 2000s. Buildium was started in 2004 by two Providence, Rhode Island landlords and AppFolio was founded in 2006; both sold browser-based software to small and mid-sized managers. Self-funded and freemium landlord tools followed, including Rentec Direct (2007) and Innago (2017), and the venture-backed DoorLoop, founded in 2019.
Consolidation and private equity have shaped the enterprise end. Thoma Bravo completed its acquisition of RealPage on 22 April 2021 in an all-cash deal that valued the company at about US$10.2 billion including net debt, taking it private. Buildium and Propertyware both now operate as RealPage companies. In May 2025 Entrata received a US$200 million minority investment from Blackstone funds at a US$4.3 billion valuation. Among listed companies, AppFolio reported revenue of US$950.8 million for 2025, up 20%, with 9.4 million units under management and 22,096 property management customers at year-end.
A distinctive feature of the market is that much vendor revenue comes from payments and services rather than licences: AppFolio's 2025 revenue included US$721.5 million of value added services (payments, tenant screening and risk mitigation) against US$211.5 million of subscription services. This explains the low per-unit subscription prices advertised across the category and the importance of transaction fees when comparing costs.
Key features to compare
Trust and owner accounting
Third-party managers need trust accounting, owner draws, management-fee calculation and 1099 filing. Some landlord tools reserve these for upper tiers: Rentec Direct puts trust accounting and owner portals in its PM edition, and TenantCloud adds bank reconciliation and an owner portal on its Pro plan.
Leasing and screening
Compare listing syndication, online applications, screening providers and who pays for screening. Fees vary: Buildium lists US$17 per screening, DoorLoop US$35 and Hemlane US$40 (paid by the tenant).
Payments and transaction fees
ACH and card fees often decide total cost. Buildium's Essential plan charges US$2.35 per incoming EFT, while DoorLoop's Connect plan and Hemlane's software plans list free incoming ACH.
Maintenance and inspections
Work orders, vendor portals, scheduling and inspections are standard in mid-market products; some vendors also sell a staffed maintenance contact centre or 24/7 call centre as an add-on.
Property-type coverage
Affordable housing compliance, student housing (by-the-bed leasing), commercial leases with recoveries, associations, manufactured housing and self storage are specialised. Yardi Breeze publishes separate prices for residential, commercial, affordable, association and other portfolios; AppFolio reserves affordable and student housing for its Plus plan.
Automation and AI
Since 2025 most vendors have added AI assistants and agents for leasing, resident messaging, maintenance triage and invoice processing, for example AppFolio Realm-X, DoorLoop's Receptionist and Maintenance Ops agents and Entrata's agentic system with more than 100 embedded agents.
Open API and integrations
API access is often tiered: AppFolio offers read-only API on Plus and read/write on Max, Buildium's Open API is in Premium, and Rent Manager sells its Open API as an add-on alongside more than 200 integrations.
Pricing models
Four pricing models dominate. Per-unit subscriptions with minimums are standard in the mid-market: AppFolio starts at US$1.49 (Core), US$3.20 (Plus) and US$5.00 (Max) per unit per month with a 50-unit minimum on Core; DoorLoop starts at US$2.50, US$4.00 and US$5.00 per unit; Yardi Breeze is US$1 per unit per month for residential portfolios with a US$100 monthly minimum, and US$2 per unit with a US$200 minimum for commercial. Tiered monthly subscriptions are used by Buildium (from US$65, US$202 and US$420 a month) and by landlord tools such as TenantCloud (from US$18 to US$100 a month) and Rentec Direct (from US$25 a month).
Free or freemium software is funded by fees paid by tenants for screening and payments: Avail, TurboTenant and Innago publish free plans, and Hemlane's Starter tier is free. Quote-based enterprise pricing applies to RealPage, Entrata, MRI Software and Rent Manager, which do not publish prices. Implementation fees should also be checked: Propertyware charges an implementation fee of twice the monthly subscription, whereas Yardi Breeze states it charges no onboarding, training or support fees.
How to choose
Independent landlords with up to about ten units can usually start with a free or flat-fee tool: TurboTenant, Avail, Innago or Hemlane's free tier for listing, screening and rent collection, or Rentec Direct Starter and TenantCloud Starter for basic accounting.
Small and growing property management companies managing other people's property need trust accounting and owner portals; Buildium, DoorLoop, Rentec Direct PM, Yardi Breeze and Rent Manager are the common choices, with Buildium and Yardi Breeze publishing all-in monthly pricing.
Mid-sized and large third-party managers of mixed residential portfolios tend to compare AppFolio, Rent Manager, Yardi Breeze Premier and Propertyware. AppFolio's 50-unit minimum on Core places it above the smallest operators.
Institutional multifamily owners and operators usually evaluate RealPage, Entrata and Yardi's enterprise products, where revenue management, procurement and resident-experience suites matter as much as the ledger. Commercial and international portfolios often look at MRI Software, which reports clients in more than 170 countries.
Methodology
Products were included if they are sold as a general rental property management system in the United States in November 2026, are offered under their current name by an operating company, and publish either prices or verifiable scale figures. Entries are ordered by three criteria: breadth of the core platform (accounting, leasing, maintenance, payments and property-type coverage) as documented on vendor pages; vendor-published scale (units, customers or residents served, or filings); and transparency of published pricing. Enterprise suites rank below AppFolio, Buildium and Yardi Breeze partly because they do not publish prices. Free landlord tools rank last because they lack trust accounting for third-party managers. All prices are list prices in US dollars as shown on vendor pages in November 2026 and exclude taxes and transaction fees unless stated. No hands-on testing or user ratings were used.
The list
1
Listed cloud platform for third-party residential managers, 9.8 million units
Best for: Mid-sized and large residential property management companies
AppFolio is a Santa Barbara, California company founded in 2006 that sells the AppFolio Property Manager platform to property management companies managing single-family, multifamily, affordable, commercial, student and community-association property. It is listed on Nasdaq under the ticker APPF. In its 2025 annual report it reported revenue of US$950.8 million, up 20% year on year, 9.4 million units under management and 22,096 property management customers; in the third quarter of 2026 units reached 9.8 million and the company raised its full-year 2026 revenue outlook to US$1.122–1.127 billion.
The platform is sold in three plans. Core covers property accounting, marketing and leasing, work orders, inspections and unit turns and the Realm-X assistant; Plus adds affordable and student housing, advanced budgeting, custom fields and read-only API; Max adds a leasing CRM, read/write API and dedicated customer success. Most of AppFolio's revenue comes from value added services such as payments and screening rather than subscriptions. In 2024 it acquired Move EZ, Inc. (LiveEasy), a resident moving-services business. Limitations: Core requires a 50-unit minimum and minimum spend, there is no published free trial, and onboarding fees are not shown on the pricing page.
Key features
- Property accounting, owner and trust reporting
- Leasing, marketing and online applications
- Work orders, inspections and unit turns
- Realm-X AI assistant, Flows and Performers
- Affordable and student housing modules (Plus)
- Read/write API and leasing CRM (Max)
Pricing
Core from US$1.49 per unit/month (50-unit minimum and minimum spend); Plus from US$3.20; Max from US$5.00 per unit/month. Demo on request; no free trial or onboarding fee shown on the pricing page.
Ownership and history
Founded 2006; publicly listed (Nasdaq: APPF); headquartered in Santa Barbara, California. Acquired Move EZ, Inc. (LiveEasy) in 2024.
- Founded
- 2006
- Headquarters
- Santa Barbara, California, US
- Listed on
- Nasdaq (APPF)
- Revenue (FY2025)
- US$950.8 million
- Units under management
- 9.8 million (Q3 2026)
- Pricing
- From US$1.49/unit/month
Strengths
- Audited scale and financial disclosure as a public company
- Broad property-type coverage including affordable and student housing
- Published per-unit pricing across three plans
- Extensive built-in AI tooling
Limitations
- 50-unit minimum and minimum spend on Core
- No public free trial
- Affordable and student housing require the Plus plan
- Revenue depends heavily on payment and screening fees passed to residents
2
RealPage-owned cloud software for small and mid-sized managers and associations
Best for: Small to mid-sized residential managers and community associations
Buildium was founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos, two landlords who had bought rental property in Providence, Rhode Island, and moved to Boston in 2008. It reached 5,000 customers in 2012 and more than 14,000 in 2017, received a US$65 million strategic investment led by Sumeru Equity Partners in 2016, and acquired the owner-lead marketplace All Property Management in 2015. The site now carries the line "Buildium, A RealPage Company" and lists RealPage's Richardson, Texas headquarters.
Buildium covers residential, association, mixed-use, commercial and student portfolios with property accounting, online rent collection, maintenance requests, 1099 e-filing, listing syndication, screening, online leasing, a hosted company website and an Open API. Three plans are published, all with a 14-day free trial without a credit card. Transaction pricing is detailed on the pricing page: on Essential, incoming EFT costs US$2.35 per transaction and eSignatures US$5 per document, falling on higher plans, and screening is US$17. Limitations: onboarding is required on Growth and Premium, live phone support is not included on Essential, and portfolios above 5,000 units must request a quote.
Key features
- Trust accounting and 1099 e-filing
- Online rent collection and EFT payments
- Listing syndication, screening and online leasing
- Association management features
- Maintenance contact centre add-on
- Open API on Premium
Pricing
Essential from US$65/month; Growth from US$202/month; Premium from US$420/month. 14-day free trial, no credit card. Incoming EFT US$2.35 on Essential, first 12 months free on Premium; screening US$17. Over 5,000 units or associations: call sales.
Ownership and history
Founded 2004; US$65 million investment led by Sumeru Equity Partners in 2016; now a RealPage company.
- Founded
- 2004
- Headquarters
- RealPage global HQ, Richardson, Texas, US
- Owner
- RealPage
- Pricing
- From US$65/month
- Free trial
- 14 days
Strengths
- Transparent monthly pricing and fee schedule
- Free trial with sample data
- Covers associations as well as rentals
- Long operating history in the small-manager segment
Limitations
- Per-transaction fees are high on the entry plan
- Phone support only from Growth upward
- Required onboarding on upper plans
- Large portfolios must request a quote
3
Yardi's simplified cloud system with published per-unit prices by property type
Best for: Small and mid-sized portfolios wanting low per-unit cost across property types
Yardi Breeze is the small- and mid-market product of Yardi Systems, which describes Breeze as drawing on more than 35 years of Yardi property management software. Yardi's larger enterprise products are sold separately. Breeze supports residential, commercial, affordable, self storage, HOA/condo and manufactured housing portfolios, with a more advanced Breeze Premier edition adding a corporate general ledger, job costing, approval workflows, CRM queues and utility billing.
Breeze is unusual among established vendors in publishing prices for every property type. Residential Breeze costs US$1 per unit per month with a US$100 monthly minimum; Breeze Premier residential is US$1 per unit with a US$400 minimum; commercial Breeze is US$2 per unit with a US$200 minimum; and affordable Breeze Premier is US$3 per unit with a US$400 minimum, all on annual agreements. The company states there are no onboarding, training or support fees, no minimum unit count, and that all contracts can be cancelled within the first 30 days. Features include listing on RentCafe.com, online applications and leases, PayNearMe cash payments, escrow and trust accounting, 1099 e-filing and owner portals. Limitations: contracts are annual, and Premier is billed annually in advance.
Key features
- Listings on RentCafe.com and syndication
- Online applications, screening and leases
- Trust and escrow accounting, 1099 e-filing
- Owner statements and portal
- Maintenance requests and vendor payments
- Premier: job costing, utility billing, approval workflows
Pricing
Residential Breeze US$1/unit/month, US$100 minimum; Breeze Premier residential US$1/unit, US$400 minimum; commercial Breeze US$2/unit, US$200 minimum; affordable Premier US$3/unit, US$400 minimum; associations Premier US$1/unit, US$400 minimum. Annual agreement; no onboarding, training or support fees; 30-day cancellation window.
- Developer
- Yardi Systems
- Pricing
- From US$1/unit/month (US$100 minimum)
- Contract
- Annual agreement
- Property types
- Residential, commercial, affordable, storage, HOA, manufactured housing
Strengths
- Lowest published per-unit price among established vendors
- No onboarding or training fees
- Broad property-type coverage
- Upgrade path to Premier
Limitations
- Annual agreement required
- Premier billed annually
- Monthly minimums penalise very small portfolios
- Advanced features reserved for Premier
4
Multifamily operating system from Lehi, Utah, backed by Blackstone
Best for: Large multifamily, student and military housing operators
Entrata is a property management software company based in Lehi, Utah, that has offered property management software since 2003. In May 2025 it announced a US$200 million minority investment from funds managed by Blackstone at a US$4.3 billion valuation; at the time it said it served more than twelve million residents across more than 35,000 multifamily communities.
Entrata markets itself as an operating system for multifamily communities. Its Operations Experience Platform combines CRM, ERP and property operations, including ProspectPortal websites, LeadManager, ResidentPay, facilities management, accounting, budgeting, job costing and procure-to-pay, while the Homebody resident app covers rewards, rent reporting and deposit alternatives. Solutions are marketed for multifamily, student, military, affordable, commercial and manufactured housing. In March 2026 Entrata announced what it called the industry's first agentic property management system, embedding more than 100 AI agents across leasing, maintenance and accounting and introducing OXP Studio to coordinate them. Limitations: pricing is not published, the product is designed for professionally managed multifamily rather than small landlords, and the breadth of modules implies a substantial implementation.
Key features
- Leasing CRM, websites and online leasing
- ResidentPay payments and resident portal
- Accounting, budgeting, job costing, procure-to-pay
- Facilities and maintenance management
- Student, military and affordable housing modules
- Embedded AI agents managed in OXP Studio
Pricing
Quote-based; prices are not published. Demo on request.
Ownership and history
Founded 2003; US$200 million minority investment from Blackstone funds in May 2025 at a US$4.3 billion valuation.
- Founded
- 2003
- Headquarters
- Lehi, Utah, US
- Residents served
- 12 million+ (May 2025, vendor figure)
- Valuation
- US$4.3 billion (May 2025)
- Pricing
- Quote-based
Strengths
- Single platform across marketing, leasing, accounting and resident experience
- Specialised student and military housing tools
- Large installed base among multifamily operators
- Aggressive AI roadmap
Limitations
- No published pricing
- Not designed for small landlords
- Large module set increases implementation effort
- Many resident-facing services carry additional fees
5
Thoma Bravo-owned multifamily suite with OneSite and 24 million units served
Best for: Institutional multifamily owners and operators
RealPage was founded in 1998 and is headquartered in Richardson, Texas. Thoma Bravo completed its acquisition of the company on 22 April 2021 in an all-cash transaction valuing it at about US$10.2 billion including net debt, with shareholders receiving US$88.75 per share, and RealPage's stock was delisted from Nasdaq. The company says it now has more than 8,500 employees and helps manage more than 24 million rental units worldwide. Buildium and Propertyware are RealPage companies.
Its flagship property management system is OneSite, sold alongside a wide catalogue that includes AI revenue management, Knock CRM, resident screening, payments, renters insurance, utility billing and submetering, procurement, smart-building and Wi-Fi products and the Lumina AI tools. RealPage's revenue management product has been the subject of antitrust litigation: the US Department of Justice sued RealPage and six landlords on 7 January 2025, and a proposed final judgment filed on 24 November 2025 would restrict the exchange of competitively sensitive landlord data through RealPage and require that certain revenue-management features not align pricing among competing landlords. Limitations: no published pricing and a product set aimed at large operators.
Key features
- OneSite property management system
- AI revenue management
- Knock CRM and online leasing
- Resident screening and payments
- Utility billing and submetering
- Procurement and vendor management
Pricing
Quote-based; prices are not published.
Ownership and history
Founded 1998; acquired by Thoma Bravo in April 2021 for about US$10.2 billion including net debt.
Regulatory
Defendant in United States v. RealPage (M.D.N.C.); proposed final judgment filed 24 November 2025 and published for comment on 5 December 2025.
- Founded
- 1998
- Headquarters
- Richardson, Texas, US
- Owner
- Thoma Bravo (since April 2021)
- Units served
- 24 million+ (vendor figure)
- Employees
- 8,500+ (vendor figure)
- Pricing
- Quote-based
Strengths
- Broadest catalogue of add-on products for multifamily
- Very large installed base
- Integrated revenue management and screening
- Owns small-market brands Buildium and Propertyware
Limitations
- No published pricing
- Revenue management subject to DOJ antitrust case
- Product breadth can mean many separate contracts
- Aimed at large operators
6
Commercial and residential real estate platform with 45,000+ clients worldwide
Best for: Commercial, mixed and international portfolios
MRI Software is a real estate software provider that describes itself as a proptech company of more than 50 years' standing, serving more than six million users across 45,000+ clients in over 170 countries. Its about page cites 16.5 million units, 5.5 million leases and more than 400 partners.
Unlike most entries, MRI covers both commercial and residential real estate. Its product groups include property management and financials for commercial, residential, affordable and public housing; investment management; facilities, energy and workplace management; marketing and leasing tools for multifamily; resident screening and income verification; and lease administration, lease accounting and lease abstraction for occupiers. The MRI Agora platform ties products together, and in June 2026 MRI launched Agora Intelligence and Agora Orchestrator to provide AI recommendations and workflow execution. Limitations: pricing is quote-based, the product range is large and modular, and buyers typically need implementation services, which MRI sells separately.
Key features
- Commercial and residential property accounting
- Affordable and public housing management
- Lease administration and lease accounting
- Facilities and energy management
- Multifamily CRM and resident screening
- Agora AI platform and orchestration
Pricing
Quote-based; prices are not published. Professional and managed services sold separately.
- Clients
- 45,000+ (vendor figure)
- Countries
- 170+
- Units
- 16.5 million (vendor figure)
- Pricing
- Quote-based
Strengths
- Strong commercial and lease-administration coverage
- International footprint
- Open platform with 400+ partners
- Covers occupiers as well as landlords
Limitations
- No published pricing
- Modular product set adds integration work
- Services often required for implementation
- Less suited to small landlords
7
Configurable Cincinnati-built system used by 10,000+ management companies
Best for: Managers with mixed or specialised property types needing customisation
Rent Manager is developed by London Computer Systems (LCS) of Cincinnati, Ohio, which says it has more than 500 employees, no company debt and 37 years in the industry. The company states that Rent Manager began about four decades ago as bespoke software for one property manager and is now used by more than 10,000 property management companies.
Rent Manager is known for breadth of property types — residential, commercial, manufactured housing, associations, student housing, RV parks and campgrounds, self storage, affordable housing and vacation homes — and for customisation through unlimited custom fields, custom workflows and a report writer. It is sold in three bundles: Basic (intended for portfolios of up to 100 units), Plus and Premium, which add mobile service-tech tools, AI accounts-payable and banking tools, video inspections, maintenance scheduling and an MCP connector for AI assistants. Add-ons include an Open API, a 24/7 call centre, custom websites, integrated VoIP and more than 200 integrations. Limitations: prices are not published, and texting and some AI features require additional phone services.
Key features
- Unlimited custom fields and custom workflows
- Report writer and financial report writer
- Prospect, tenant and owner portals
- Service-tech mobile app and mapping (Plus)
- Video inspections and scheduling (Premium)
- Open API and 200+ integrations
Pricing
Quote-based. Bundles: Basic (portfolios up to 100 units), Plus, Premium. Add-ons: Open API, call centre, custom websites, rmVoIP.
- Developer
- London Computer Systems, Inc.
- Headquarters
- Cincinnati, Ohio, US
- Customers
- 10,000+ management companies (vendor figure)
- Employees
- 500+ (vendor figure)
- Pricing
- Quote-based
Strengths
- Very wide property-type coverage
- Deep customisation and reporting
- Debt-free, independent developer
- Large integration catalogue
Limitations
- No published prices
- Customisation increases setup effort
- Texting and AI call features need extra subscriptions
- Interface depth suits trained staff more than casual users
8
Venture-backed per-unit platform with built-in AI agents
Best for: Growing residential and mixed portfolios wanting automation
DoorLoop was founded in 2019 by five co-founders including chief executive Ori Tamuz. It launched its product in 2021 with US$10 million of seed funding, raised a US$20 million Series A led by Alpine Investors in 2022 and a US$100 million Series B led by JMI Equity in 2024, and opened a New York City office in 2025. Several of its executives are based in Miami.
The product covers accounting, leasing, maintenance and payments, showings, owner and tenant portals, a company website and a business phone number, with unlimited users and document storage and full API access on every plan. DoorLoop's plans are differentiated mainly by AI: the Connect plan adds a Receptionist Agent that answers tenant texts, calls and portal messages around the clock and makes incoming ACH free, and the invitation-only Multiply plan adds Maintenance Ops and Lease Renewal agents with adjustable supervision and action logs. Annual billing saves up to 25%. Limitations: minimum spend and unit requirements apply, the pricing page does not set out a free trial, and the comparison table and plan descriptions differ on whether AI agents are included or add-ons.
Key features
- Accounting, leasing, maintenance and payments
- Owner and tenant portals, company website
- Unlimited users and document storage
- Full API access on all plans
- AI Receptionist Agent (Connect)
- Maintenance Ops and Lease Renewal agents (Multiply)
Pricing
DoorLoop One from US$2.50 per unit/month (as low as US$1.50 above 100 units); Connect from US$4.00; Multiply (invite only) from US$5.00. Minimum spend and units apply; annual billing saves up to 25%. Incoming ACH US$1.50 on One, free on Connect and Multiply; screening US$35.
Ownership and history
Founded 2019; US$10 million seed (2021), US$20 million Series A led by Alpine Investors (2022), US$100 million Series B led by JMI Equity (2024).
- Founded
- 2019
- Funding
- Series B, US$100 million (2024)
- Pricing
- From US$2.50/unit/month
- Billing
- Monthly or annual
Strengths
- API and unlimited users on every plan
- Published per-unit pricing with volume discount
- AI agents for tenant communication and maintenance
- Free incoming ACH on Connect
Limitations
- Minimum spend applies
- Top plan invitation-only
- Inconsistent AI add-on labelling on pricing page
- Shorter operating history than incumbents
9
RealPage's single-family rental platform with published minimums
Best for: Single-family rental managers
Propertyware is a property management system for single-family and scattered-site rental portfolios, operated as "Propertyware, A RealPage Company". It sits alongside Buildium in RealPage's portfolio of products for smaller and mid-sized managers.
All three plans — Basic, Plus and Premium — list the same core capabilities: global customisation and reporting; marketing, property management, accounting and maintenance; owner, tenant and vendor portals; screening, payments, eSignature and two-way text messaging; inspections and maintenance projects; and unlimited support, storage and online training. Plans are priced per unit per month with monthly minimums of US$250 (Basic), US$350 (Plus) and US$450 (Premium), plus an implementation fee of twice the monthly subscription. Enterprise API access costs an extra US$1 per unit per month, billable units are adjusted in 50-unit increments, and screening and payment transaction fees apply. Limitations: the US$250 minimum and implementation fee make it costly for very small portfolios, and the published plan pages give little detail on what separates the tiers.
Key features
- Owner, tenant and vendor portals
- Screening, payments and eSignature
- Two-way text messaging
- Inspections and maintenance projects
- Global customisation and reporting
- Enterprise API (add-on)
Pricing
Basic, Plus and Premium priced per unit per month, with monthly minimums of US$250, US$350 and US$450. Implementation fee 2x the monthly subscription. API access +US$1 per unit/month. Units billed in 50-unit increments.
- Owner
- RealPage
- Focus
- Single-family rentals
- Minimum
- US$250/month
- Implementation fee
- 2x monthly subscription
Strengths
- Built around single-family and scattered-site portfolios
- Unlimited support and training included
- Owner, tenant and vendor portals on all plans
- Backed by RealPage
Limitations
- High monthly minimums
- Implementation fee
- API costs extra
- Limited published differentiation between plans
10
Bootstrapped Oregon software with flat-fee landlord and manager editions
Best for: Small landlords and small property management firms
Rentec Direct was started in March 2007 by its founder Nathan, a landlord who wrote the application himself, and is based in Grants Pass, Oregon. The company describes itself as self-funded and debt-free and says more than 16,000 property managers use it to manage more than 700,000 units.
Three editions are offered. Rentec Starter is a flat US$25 a month for up to 10 properties and 10 tenants, with accounting, reporting and online rent payments. Rentec Pro and Rentec PM start at US$50 a month and scale with unit count up to 2,500+ units; Pro adds unlimited properties, tenants and users plus a mobile app, while PM adds trust accounting, owner ACH payments, an owner portal and marketing and maintenance roles for third-party managers. A two-week free trial is offered, with free setup and onboarding and no term commitments listed. Screening packages cost US$10–18 on Pro and PM, and card payments 2.95%. Support is US-based and unlimited. Limitations: per-unit-count prices above the starting rate are only shown in a calculator, Starter caps users at three, and the platform has fewer enterprise features than mid-market rivals.
Key features
- Landlord accounting and reporting
- Trust accounting and owner portal (PM edition)
- Online rent payments and PayNearMe cash payments
- Tenant screening packages
- Mobile app (Pro and PM)
- US-based support
Pricing
Starter US$25/month flat (10 properties, 10 tenants); Pro and PM from US$50/month, scaling by units; annual billing saves US$60. 14-day free trial; free setup and onboarding.
- Founded
- 2007
- Headquarters
- Grants Pass, Oregon, US
- Units managed
- 700,000+ (vendor figure)
- Pricing
- From US$25/month
- Free trial
- 14 days
Strengths
- Low flat entry price
- Trust accounting available to small managers
- Free onboarding and no term contract
- Independent, self-funded company
Limitations
- Starter limited to 10 properties and 3 users
- Unit-based prices only in calculator
- Fewer automation and AI features
- PayNearMe cash payments carry US$200 setup fee
11
Low-cost subscription tool with plans capped by number of leases
Best for: Landlords and small managers on a tight budget
TenantCloud is a cloud property management tool for landlords and small property managers. Its pricing differs from most rivals: every plan allows unlimited properties and units, but plans are capped by the number of active leases.
Starter (10 leases) includes online rent payments, maintenance management, listings and applications, e-signature, 1 GB of storage and one bank account. Growth (30 leases) adds enhanced reporting, move-in and move-out inspections and a property message board. Pro (60 leases) adds tax reports, bank reconciliation and a separate owner portal. Business, from US$100 a month, adds team and task management and interface customisation. Annual billing reduces Growth to US$350 a year and Pro to US$600 a year. There is no free plan, but each plan includes a 14-day trial, and tenant screening is paid by applicants. Limitations: the pricing page shows inconsistent figures for Starter (US$18 and US$25 a month in different places), owner portals require Pro, and company background information could not be confirmed because the site blocked automated access.
Key features
- Online rent payments
- Listings, applications and e-signature
- Maintenance management
- Move-in and move-out inspections (Growth)
- Bank reconciliation and owner portal (Pro)
- Team and task management (Business)
Pricing
Starter US$18/month (US$15 billed annually); Growth US$35/month (US$350/year); Pro US$60/month (US$600/year); Business from US$100/month. 14-day trial; no free plan.
- Pricing
- From US$18/month
- Free trial
- 14 days
- Plan limits
- By active leases (10/30/60)
Strengths
- Inexpensive entry plans
- Unlimited properties and units
- Annual billing discounts
- Applicant-paid screening
Limitations
- Lease caps on each plan
- Owner portal only on Pro
- Inconsistent prices on pricing page
- No free plan
12
Free-core landlord software from Colorado with optional full-service management
Best for: Independent landlords with a few rentals
TurboTenant is a landlord software company with offices in Fort Collins and Denver, Colorado. It says it has more than 220 team members and more than 1 million landlords and 12 million renters on the platform, and that more than US$2 billion has moved through it. The company positions itself for small landlords rather than large owners.
The free plan covers listing and marketing rentals, screening applicants and collecting rent online, with no fees or contracts. Paid self-management plans, billed annually and priced by number of units, add online lease creation and signing and priority listing review (Essentials, US$149–349 a year) or income verification and fraud checks, tax-ready reports and financial tools (Pro, US$199–999 a year). TurboTenant also sells Autopilot, a full-service management option for a flat fee rather than a percentage of rent, and one-time tenant placement for US$1,500. Revenue on the free tier comes from renters: screening fees and card payments at 3.49%. Limitations: no trust accounting for managing others' property, and the pricing page presents two different sets of renter fees without clearly saying which applies.
Key features
- Listing syndication and marketing
- Applicant screening
- Online rent collection
- State-specific leases and e-signing (Essentials)
- Income verification and fraud checks (Pro)
- Optional full-service Autopilot management
Pricing
Free plan US$0. Essentials US$149/year (1–10 units) to US$349/year (61+); Pro US$199/year to US$999/year. Autopilot flat fee on request; tenant placement US$1,500 one-time.
- Headquarters
- Fort Collins and Denver, Colorado, US
- Landlords
- 1 million+ (vendor figure)
- Pricing
- Free; paid from US$149/year
Strengths
- Usable free plan
- Low annual paid plans
- Option to hand off management
- Large landlord user base
Limitations
- No trust accounting for third-party managers
- Fees shifted to renters
- Inconsistent renter-fee figures on pricing page
- Built for small portfolios only
13
A
Free landlord platform with a per-unit premium upgrade
Best for: DIY landlords wanting free listings, leases and rent collection
Avail is a landlord platform based in Austin, Texas, whose site carries a copyright from 2011. It offers two plans: Unlimited, free for any number of units, and Unlimited Plus at US$9 per unit per month.
The free plan includes listing syndication to 19 sites including Zumper, PadMapper, Realtor.com and ApartmentList, rental applications and screening, lease building, rent collection, maintenance tracking with photo uploads, income and expense tracking and messaging. Unlimited Plus adds faster FastPay rent deposits, waived ACH charges for tenants, custom application questions and lease clauses, and other customisation. Screening is usually paid by tenants, and on the free plan tenants pay US$2.50 per bank transfer. Avail is aimed at owners managing their own rentals rather than at professional managers. Limitations: there is no trust accounting, owner reporting or multi-user company structure of the kind property management firms need, and at US$9 per unit the premium plan becomes expensive relative to per-unit mid-market software for larger portfolios.
Key features
- Listing syndication to 19 sites
- Rental applications and screening
- Lease builder
- Online rent collection
- Maintenance tracking with photos
- Income and expense tracking
Pricing
Unlimited: US$0 per unit. Unlimited Plus: US$9 per unit/month. Tenant ACH fee US$2.50 on free plan, waived on Plus.
- Headquarters
- Austin, Texas, US
- Pricing
- Free; Plus US$9/unit/month
Strengths
- Free for unlimited units
- Wide listing syndication
- Lease-building tools
- Simple interface for owners
Limitations
- No trust or owner accounting
- Premium plan costly per unit
- Fees passed to tenants on free plan
- Not designed for management companies
14
H
Hybrid software plus repair coordination and leasing services
Best for: Remote owners wanting software plus outsourced repair coordination
Hemlane, Inc. is a technology company for long-term rental properties that combines software with optional services delivered through staff and independent licensed professionals. It serves rental owners, real estate agents, brokerages and property managers.
Hemlane's pricing has two layers. Software-only plans are Starter, free with advertising to nine listing sites, screening and rental accounting, and Basic, a US$28 monthly platform fee plus US$2 per unit, which adds lease tracking, document storage and e-signing, rent collection with late fees, free ACH and tenant messaging. Software-and-services plans add repair coordination: Essential (US$28 plus US$20 per unit) adds 24/7 emergency repair coordination, work orders and state-specific leases, and Complete (US$28 plus US$58 per unit) adds tenant communications handled by an assistant and a vetted repair network. Add-ons include tenant placement from US$695 and inspections from US$300. Annual billing saves up to 20%. Limitations: service plans become expensive per unit, and the model suits owners of a few properties more than managers of large portfolios.
Key features
- Advertising to listing sites
- Screening and rental accounting
- Lease tracking and e-signing
- Rent collection with free ACH
- 24/7 repair coordination (Essential)
- Tenant communications assistant (Complete)
Pricing
Starter free; Basic US$28/month + US$2/unit; Essential US$28 + US$20/unit; Complete US$28 + US$58/unit. 14-day trial on paid plans; annual billing saves up to 20%. Tenant placement from US$695; inspections from US$300.
- Pricing
- Free; paid from US$28/month + US$2/unit
- Free trial
- 14 days
- Services
- Repair coordination, tenant placement, inspections
Strengths
- Free starter tier
- Software and services in one subscription
- Free ACH on paid plans
- Transparent per-unit pricing
Limitations
- Service plans costly per unit
- Platform fee on every paid plan
- Less suited to large portfolios
- Limited trust-accounting depth compared with mid-market systems
15
Free software for independent landlords, founded in 2017
Best for: Independent landlords wanting a free all-in-one tool
Innago was founded in 2017 by chief executive Dave Spooner and Yasir Drabu. The company says it has recorded more than 107,000 sign-ups and more than 446,000 units managed across all 50 US states. It was built for independent landlords who, in the company's account, were overpaying for complex software or managing with spreadsheets and paper leases.
Innago presents its landlord software as free, with no monthly fee, no setup fee and no contract; it offers tools for collecting rent, signing leases, communicating with tenants and organising rental records. The pricing page does not set out tiers or a detailed breakdown of which services, such as payment processing or screening, carry charges, so buyers should confirm transaction fees directly. Limitations: Innago is aimed at self-managing owners and does not position itself for third-party management companies needing trust accounting and owner statements, and the limited public pricing detail makes total cost harder to assess than for competitors that publish fee schedules.
Key features
- Online rent collection
- Lease signing
- Tenant communication
- Rental record organisation
- No setup fee or contract
Pricing
Free: no monthly fee, no setup fee, no contract. Transaction fees not itemised on the pricing page.
- Founded
- 2017
- Units managed
- 446,000+ (vendor figure)
- Pricing
- Free
Strengths
- No subscription cost
- Simple setup
- Built for independent landlords
- Nationwide use
Limitations
- Fee schedule not itemised
- Not aimed at management companies
- Fewer advanced accounting features
- Little public detail on feature limits
Frequently asked questions
What is the best property management software for small landlords?
For owners managing a few of their own units, free or low-cost tools are usually sufficient. TurboTenant, Avail and Innago publish free plans covering listings, screening and rent collection, while Rentec Direct Starter costs a flat US$25 a month for up to ten properties and adds landlord accounting. Fees for screening and payments are generally charged to tenants.
How much does property management software cost?
Published prices run from free to roughly US$5 per unit per month. Yardi Breeze starts at US$1 per unit with a US$100 monthly minimum, AppFolio at US$1.49 per unit with a 50-unit minimum, DoorLoop at US$2.50 per unit and Buildium at US$65 a month. Enterprise systems from RealPage, Entrata and MRI are quoted individually, and transaction fees add to the total.
Is AppFolio better than Buildium?
They target different customers. AppFolio sells per-unit plans with a 50-unit minimum on Core and is aimed at mid-sized and large managers, with affordable and student housing on its Plus plan. Buildium sells monthly tiers from US$65, offers a 14-day free trial and covers community associations. Buildium is owned by RealPage, while AppFolio is a listed company.
What software do large apartment companies use?
Large multifamily owners and operators generally use enterprise suites such as RealPage OneSite, Entrata and Yardi's enterprise products, often with MRI Software in commercial or international portfolios. RealPage says it helps manage more than 24 million units and Entrata reported more than twelve million residents in May 2025; neither publishes pricing.
Does property management software handle trust accounting?
Mid-market and enterprise systems include trust accounting, owner statements and owner distributions because property managers hold client funds. Among landlord tools it is often a higher tier: Rentec Direct includes it in the PM edition, and TenantCloud adds bank reconciliation and an owner portal on Pro. Free tools such as Avail focus on owners managing their own property.
Is there free property management software?
Yes. Avail's Unlimited plan is free for any number of units, TurboTenant's free plan covers listings, screening and rent collection, Innago charges no monthly or setup fee, and Hemlane's Starter tier is free. These vendors earn money from tenant-paid screening and payment fees or from optional premium plans and services.
Which property management software works for commercial property?
Commercial leases need recoveries, lease abstraction and different accounting. MRI Software offers commercial property management, lease administration and lease accounting; Yardi Breeze publishes commercial pricing at US$2 per unit with a US$200 minimum; Rent Manager and Buildium also list commercial support; and Entrata markets tools for office, retail and mixed-use property.
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