--- title: "Best Apartment Management Systems Software - 2026 Reviews & Pricing" description: "Find the best Apartment Management Software for your organization. Compare top Apartment Management Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/property/apartment-management-software-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / Apartment Management Systems Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Apartment Management Systems Software of 2026 Updated November 6, 2026 ## Apartment Management Systems FAQs Software Advice advisors had 47 conversations with buyers about Apartment Management Systems software between January 2025 and July 2026. These are the questions that came up most. - How do I choose the right Apartment Management Systems software for my business? Choosing the right apartment management system starts with listing the daily tasks and pain points the team wants to address, such as reducing manual processes and managing leases, payments, and maintenance in one place. A common theme in these conversations is buyers prioritizing built-in accounting, billing flexibility, and integration with QuickBooks Online. Many buyers also check for user-friendly dashboards, strong reporting, and options for multi-user access, since slow or confusing interfaces and limited collaboration come up as recurring frustrations. Pricing models vary, so teams should review monthly or per-user costs, setup fees, and whether the system can scale without forcing a return to spreadsheets or manual tracking. - What is the best Apartment Management Systems software for a small property or hospitality business? Based on advisor calls, teams in small property management or hospitality businesses should look for apartment management systems that replace manual or spreadsheet-based tracking with tools for tenant tracking, property management, and lease tracking. Buyers frequently mention the need to easily manage room bookings, rent processing, lease agreements, and communication with clients in one place. Friction often comes from systems that do not let teams add or update property details efficiently. A good fit should also support tracking the lease process from start to finish, which is a common requirement for these buyers. Answer based on 17 advisor calls - What should businesses watch out for when choosing Apartment Management Systems software? When selecting apartment management systems, buyers our advisors talk to often stress the need to confirm the system reduces manual work and does not force staff back to spreadsheets. For many small businesses in commercial real estate, missing lease or rental agreement management features become a challenge after purchase if not checked up front. A common sticking point is user experience, buyers frequently mention systems that feel slow or confusing, which can hurt adoption. Pricing is another area to watch, as some buyers find costs rising after initial setup. Buyers also point out that limited multi-user access or weak reporting can restrict collaboration and visibility. Since most buyers ask about cloud or software-as-a-service (SaaS) options, deployment type and ongoing support should be part of the decision process. Answer based on 43 advisor calls - What are common complaints about Apartment Management Systems software? Buyers frequently mention that manual processes and reliance on spreadsheets are a top pain point in advisor calls about apartment management software. Many also express dissatisfaction with missing lease or rental agreement management features, and a cumbersome user experience comes up as another common frustration. High or increasing costs are a recurring concern, along with limited options for multi-user access and reporting. Other pain points include inflexible rental billing, restricted payment processing, and errors when handling payments. Answer based on 37 advisor calls - What is the difference between Apartment Management Systems software and general property management software? Apartment management systems software is focused on the needs of rental teams managing apartments or multifamily buildings, while general property management software covers a broader range of property types and functions. When speaking with our advisors, buyers point out that apartment-specific tools often highlight rental management, inventory management, billing, and point of sale (POS) features not always found in property management tools. In contrast, property management software buyers more commonly request detailed lease tracking, tenant portals, and portfolio-level management features for handling mixed portfolios or commercial properties. A common consideration is that apartment management options may lack some advanced lease agreement and tenant communication features that general property management tools offer. Buyers frequently mention that both categories face friction from manual processes and user experience challenges, but property management systems are more often cited for issues with portfolio scalability and accounting integration. Answer based on 43 advisor calls - Can Apartment Management Systems software integrate with accounting and channel management platforms? Yes, many users make connecting their apartment management system with QuickBooks Online for accounting a priority, based on buyers we've talked to. Interest in channel management integrations does not come up in advisor calls for this category, so buyers focus mainly on linking their accounting data. Answer based on 7 advisor calls - How does Apartment Management Systems software handle reservations, billing, and tenant or guest management? Apartment management systems handle reservations, billing, and tenant or guest management by letting users oversee bookings, track tenants, and process rent and invoices in one place. Advisor-call conversations show that buyers often request the ability to manage each step of a reservation, from initial booking to service delivery, and to keep up with lease agreements and tenant communications. Many buyers also look for tools to generate, send, and manage invoices or bills, but a common sticking point is inflexible billing customization that does not always fit unique rental arrangements. Answer based on 25 advisor calls - How much does Apartment Management Systems software cost? Most property teams see apartment management tools priced at a flat monthly rate, with the median quoted at $100 and options commonly ranging from $60 to $250, according to our advisors, buyers. Some teams encounter per-user monthly pricing, which often falls between $32 and $150, with a median around $120 per user. Many buyers also mention a one-time setup fee, which generally sits near $2,400 but can range from $2,300 to $3,150. The mix of pricing models and fees is a frequent consideration during advisor-call conversations. Answer based on 33 advisor calls - What features should Apartment Management Systems software include? The most requested features during advisor calls are rental management, billing and invoicing, and tracking of rent payments. Buyers also frequently mention the need for inventory management, built-in accounting, tenant and lease tracking, and maintenance management as priorities. Many users look for scheduling tools, property management functions, and options to handle payments directly within the system. Answer based on 37 advisor calls - What is Apartment Management Systems software and what does it do? Apartment management systems software helps property managers oversee residential properties by handling tasks like tenant information, rent collection, and accounting. Buyers frequently tell our advisors that these systems are used for rental management, billing and invoicing, rent tracking, inventory control, maintenance requests, and financial reporting. The software supports day-to-day operations for apartments, single-family homes, and condominiums, giving users a single place to manage leases, payments, and property upkeep. Answer based on 33 advisor calls On this page 1. Popular Comparisons 2. Buyers Guide 3. Frequently Asked Questions 4. Related Software Filter products 87 results ### Compare Products Showing 1 - 25 of 87 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [INFO-Tracker](/property/info-tracker-profile/) - Overall rating: 4.5/5 - Reviews: 1 - Starting price: $289.00 - Free trial: Not available - Free demo: Not available #### Overview INFO-Tracker by Netintegrity Inc. is an all-in-one cloud-based property, accounting and maintenance management solution that helps property management companies with the management [Read more](/property/info-tracker-profile/) --- ### [Buildium](/property/buildium-property-manager-profile/) - Overall rating: 4.5/5 - Reviews: 2,236 - Starting price: $65.00/month - Best for: Transaction History - Free trial: Available - Free demo: Not available #### Overview Buildium is a cloud-based property management solution designed to streamline the unique tasks of property managers and real estate professionals. Its cloud-based platform offers a [Read more](/property/buildium-property-manager-profile/) ##### What users love - Responsive and knowledgeable support - Centralized tenant management tools - User-friendly and intuitive design ##### To take in mind - Accounting features lack depth - Rent collection lacks flexibility - Mobile and web access limitations #### Features ##### Best rated features - Accounts Payable: 5/5 - Trust Accounting: 5/5 - Activity Tracking: 5/5 - Digital Signature: 4.7/5 [See all features](/property/buildium-property-manager-profile/#key-features) #### Pricing ##### Essential - Price: $65.00/month - Up to 20 units. For further units, pricing will vary and is suitable for businesses managing up to ##### Growth - Price: $202.00/month - Up to 50 units. For further units, pricing will vary and is suitable for businesses managing up to ##### Premium - Price: $420.00/month - Up to 150 units. For further units, pricing will vary and is suitable for businesses managing up to [See full pricing details](/property/buildium-property-manager-profile/#pricing-and-plans) --- ### [Yardi Breeze](/property/yardi-breeze-profile/) - Overall rating: 4.2/5 - Reviews: 337 - Starting price: $1.00/month - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Yardi Breeze is a cloud-based property management software designed for businesses of all sizes. The platform can be used for various property types including residential, [Read more](/property/yardi-breeze-profile/) ##### What users love - Intuitive and customizable interface - Responsive and helpful chat assistance - Simple learning curve and navigation ##### To take in mind - Slow and inconsistent support response - Cumbersome tenant management processes #### Features ##### Best rated features - Customizable Reports: 5/5 - Audit Trail: 5/5 - Performance Metrics: 5/5 - File Sharing: 5/5 ##### Worst rated features - Real-Time Notifications: 1/5 [See all features](/property/yardi-breeze-profile/#key-features) --- ### [Rentvine](/property/rentvine-profile/) - Overall rating: 4.7/5 - Reviews: 11 - Free trial: Not available - Free demo: Not available #### Overview Rentvine is redefining what property management software looks like for single-family rental operators, and Software Advice users are taking notice. Built for managers ready to [Read more](/property/rentvine-profile/) #### Features ##### Best rated features - Lease Tracking: 5/5 - Financial Reporting: 5/5 - Credit Check: 5/5 - Recurring/Subscription Billing: 5/5 ##### Worst rated features - Reporting & Statistics: 3/5 - Drag & Drop: 3.5/5 - Occupancy Management: 3.8/5 - Tenant Portal: 3.8/5 [See all features](/property/rentvine-profile/#key-features) --- ### [SimplifyEm](/property/simplifyem-profile/) - Overall rating: 4.1/5 - Reviews: 132 - Starting price: $40.00/month - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview SimplifyEm is a property management software designed to meet the requirements of small and mid-sized landlords and property managers. The web-based solution offers features like [Read more](/property/simplifyem-profile/) #### Features ##### Best rated features - Recurring Invoicing: 5/5 - Compliance Management: 5/5 - For Commercial Real Estate: 5/5 - Owner Portal: 5/5 ##### Worst rated features - Vacancy Management: 1/5 - Property Management: 1/5 - Calendar Management: 1/5 - Task Management: 1/5 [See all features](/property/simplifyem-profile/#key-features) #### Pricing ##### P10 - Price: $40.00/month - Up to 10 units ##### P20 - Price: $50.00/month - Up to 20 units ##### P30 - Price: $60.00/month - Up to 30 units [See full pricing details](/property/simplifyem-profile/#pricing-and-plans) --- ### [Rentec Direct](/property/rentec-direct-property-management-profile/) - Overall rating: 4.6/5 - Reviews: 179 - Starting price: $25.00/month - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to suit the needs of those managing properties between 25 [Read more](/property/rentec-direct-property-management-profile/) #### Features ##### Best rated features - Lease Origination: 5/5 - Transaction History: 5/5 - Vacancy Management: 5/5 - Property Management: 4.5/5 ##### Worst rated features - Billing & Invoicing: 1/5 - Financial Reporting: 1/5 - Transaction Monitoring: 2/5 - Credit Check: 2.3/5 [See all features](/property/rentec-direct-property-management-profile/#key-features) #### Pricing ##### Rentec Starter - Price: $25.00/month - Rentec Starter provides Rentec Direct's established and proven landlord software, at a lower minimum ##### Rentec Pro - Price: $50.00/month - For landlords and self-managed operations managing 1-2500 units ##### Rentec PM - Price: $50.00/month - For property managers managing 1-2500 units [See full pricing details](/property/rentec-direct-property-management-profile/#pricing-and-plans) --- ### [AppFolio Property Manager](/property/appfolio-property-manager-profile/) - Overall rating: 4.5/5 - Reviews: 1,892 - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview AppFolio Property Manager is a comprehensive property management software designed to streamline operations for property management businesses. The platform is engineered to cater [Read more](/property/appfolio-property-manager-profile/) ##### What users love - Intuitive interface and accessibility - Comprehensive tenant engagement tools - All-in-one property management suite ##### To take in mind - Slow and inconsistent customer service - Complex and restrictive payment processes - Limited reporting customization options #### Features ##### Best rated features - Cash Flow Management: 5/5 - Alerts/Notifications: 5/5 - Audit Trail: 5/5 - Real-Time Data: 5/5 [See all features](/property/appfolio-property-manager-profile/#key-features) --- ### [Rent Manager](/property/rent-manager-profile/) - Overall rating: 4.6/5 - Reviews: 662 - Best for: Small businesses - Free trial: Not available - Free demo: Available #### Overview Rent Manager is a cloud-based property management software designed to help manage residential, commercial, association, manufactured housing, self-storage, and short-term-stay [Read more](/property/rent-manager-profile/) ##### What users love - Responsive and knowledgeable assistance - User-friendly and adaptable design - Comprehensive training resources available ##### To take in mind - Difficult report customization and exports - Additional fees and costly add-ons - Long wait times and inconsistent help #### Features ##### Best rated features - Lease Origination: 5/5 - Third-Party Integration: 5/5 - Categorization/Grouping: 5/5 - For Real Estate: 5/5 [See all features](/property/rent-manager-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request ##### Plus - Price: Custom - Pricing available upon request ##### Premium - Price: Custom - Pricing available upon request [See full pricing details](/property/rent-manager-profile/#pricing-and-plans) --- ### [MRI Residential Management](/property/mri-residential-management-profile/) - Overall rating: 4.1/5 - Reviews: 27 - Free trial: Not available - Free demo: Not available #### Overview MRI Residential Management is an efficient tool for multi-family managers offering powerful role-based dashboards for staff, automated lease renewal and tenant portals. This system [Read more](/property/mri-residential-management-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 [See all features](/property/mri-residential-management-profile/#key-features) --- ### [Building Stack](/property/building-stack-profile/) - Overall rating: 4.5/5 - Reviews: 17 - Starting price: $0.00/month - Free trial: Not available - Free demo: Not available #### Overview Building Stack is a cloud-based property management solution designed for Canadian businesses of all sizes. Key features include lease management, employee management, building [Read more](/property/building-stack-profile/) --- ### [DoorLoop](/property/doorloop-profile/) - Overall rating: 4.8/5 - Reviews: 719 - Best for: Property Management - Free trial: Not available - Free demo: Not available #### Overview If you’re a growing property manager or owner-operator juggling tenants, vendors, and the books, DoorLoop is built for you. It’s agentic property management software: AI agents [Read more](/property/doorloop-profile/) ##### What users love - Responsive and helpful support team - Comprehensive tenant management tools - Intuitive and user-friendly interface ##### To take in mind - Complex and limited accounting features - Slow and cumbersome payment workflows #### Features ##### Best rated features - Vacancy Management: 5/5 - General Ledger: 5/5 - For Commercial Real Estate: 5/5 - Invoice Management: 5/5 ##### Worst rated features - CRM: 3/5 - Calendar Management: 3.2/5 [See all features](/property/doorloop-profile/#key-features) --- ### [ResMan](/property/ensoware-resman-profile/) - Overall rating: 4.6/5 - Reviews: 602 - Best for: Mid-size businesses - Free trial: Not available - Free demo: Not available #### Overview ResMan is a property management software platform designed for multifamily and affordable housing managers. It supports the management of conventional multifamily properties and [Read more](/property/ensoware-resman-profile/) ##### What users love - Intuitive navigation and accessibility - Responsive and helpful support team - Accessible training and onboarding support ##### To take in mind - Limited and cumbersome reporting tools - Login and permissions frustrations #### Features ##### Best rated features - Budgeting/Forecasting: 5/5 - Financial Management: 5/5 - Client Portal: 5/5 - Faculty/Staff Management: 5/5 ##### Worst rated features - CRM Integration: 4/5 - Mobile App: 4/5 - Performance Metrics: 4/5 [See all features](/property/ensoware-resman-profile/#key-features) --- ### [Payquad](/property/payquad-profile/) - Overall rating: 4.9/5 - Reviews: 9 - Starting price: CA$250.00/month - Free trial: Not available - Free demo: Not available #### Overview Payquad Solutions is North America's most simple and easy to use resident experience and operations platform for property management companies. Helping manage Billions of dollars [Read more](/property/payquad-profile/) #### Features ##### Best rated features - Payment Processing: 5/5 - Document Management: 5/5 - Property Database: 5/5 - Owner Portal: 5/5 ##### Worst rated features - Financial Reporting: 1/5 [See all features](/property/payquad-profile/#key-features) --- ### [RealPage](/accounting/realpage-accounting-profile/) - Overall rating: 4.0/5 - Reviews: 131 - Free trial: Not available - Free demo: Not available #### Overview RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, budgeting, facilities maintenance, purchasing, document [Read more](/accounting/realpage-accounting-profile/) #### Features ##### Best rated features - Website Management: 5/5 - Reporting/Analytics: 5/5 - Data Import/Export: 5/5 - Recurring/Subscription Billing: 5/5 [See all features](/accounting/realpage-accounting-profile/#key-features) --- ### [Entrata](/property/entrata-profile/) - Overall rating: 4.6/5 - Reviews: 444 - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Entrata is a comprehensive property management operating system for multifamily communities worldwide. It unifies leasing, operations, and resident engagement into a single, [Read more](/property/entrata-profile/) ##### What users love - Intuitive interface and navigation - Centralized lease and property tools - Accessible training and quick learning ##### To take in mind - Complex and slow reporting tools - Occasional slowdowns and lag #### Features ##### Best rated features - Property Management: 5/5 - Activity Tracking: 5/5 - Equipment Management: 5/5 - Client Portal: 5/5 ##### Worst rated features - Reservations Management: 3.5/5 - Tax Management: 3.8/5 - Late Fee Calculation: 4/5 [See all features](/property/entrata-profile/#key-features) --- ### [Innago](/property/innago-profile/) - Overall rating: 4.9/5 - Reviews: 540 - Starting price: $0.00 - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview Innago is a cloud-based property management solution created to streamline the task of managing rental properties. The platform is designed to cater to the needs of landlords and [Read more](/property/innago-profile/) ##### What users love - Streamlined tenant management experience - Responsive and helpful support team - All-in-one property management tools ##### To take in mind - Cumbersome lease management process #### Features ##### Best rated features - Document Storage: 5/5 - Customizable Templates: 5/5 - Application Management: 5/5 - Fee Collection: 5/5 ##### Worst rated features - Owner Portal: 4/5 [See all features](/property/innago-profile/#key-features) --- ### [Landlord Studio ](/property/landlord-studio-profile/) - Overall rating: 4.9/5 - Reviews: 150 - Starting price: $0.00/month - Best for: Rent Tracking - Free trial: Available - Free demo: Not available #### Overview Landlord Studio is an all-in-one property- and rental-accounting platform for DIY landlords managing 3–9 residential units. One dashboard handles the entire lifecycle: publish [Read more](/property/landlord-studio-profile/) #### Features ##### Best rated features - Reporting & Statistics: 5/5 - Maintenance Scheduling: 5/5 - Owner Portal: 5/5 - Contact Management: 5/5 [See all features](/property/landlord-studio-profile/#key-features) #### Pricing ##### Landlord Studio GO - Price: $0.00/month - Landlord Studio GO (FREE) 3 units included Single user access Income & expense tracking Online rent ##### Landlord Studio PRO - Price: $12.00/month - Landlord Studio PRO ($12/per month/billed annually) Monthly plan is available at $15/per ##### Landlord Studio PRO+ - Price: $28.00/month - Landlord Studio PRO+ ($28/per month/billed annually) Monthly plan is available at $30/per [See full pricing details](/property/landlord-studio-profile/#pricing-and-plans) --- ### [Hemlane](/property/hemlane-profile/) - Overall rating: 4.8/5 - Reviews: 226 - Starting price: $36.50/month - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview Hemlane is modern property management software that helps you run your rentals—from move-in to move-out. Hemlane automates leasing, rent collection, maintenance, and tenant [Read more](/property/hemlane-profile/) #### Features ##### Best rated features - Expense Tracking: 5/5 - Customizable Branding: 5/5 - Third-Party Integrations: 5/5 - Reporting & Statistics: 5/5 [See all features](/property/hemlane-profile/#key-features) #### Pricing ##### Free - Price: Custom - Pricing available upon request - ‣ Rental advertising* ‣ Application and Tenant Screening ‣ Basic Rental Property Accounting ##### Basic - Price: $36.50/month - $2.50 per unit + $34 base fee [See full pricing details](/property/hemlane-profile/#pricing-and-plans) --- ### [Condo Control](/property/condo-control-central-profile/) - Overall rating: 4.7/5 - Reviews: 248 - Best for: Features - Free trial: Not available - Free demo: Not available #### Overview Condo Control is a property management solution that provides an online communication and management platform for condos. The platform centralizes administrative tasks and [Read more](/property/condo-control-central-profile/) #### Features ##### Best rated features - Portfolio Management: 5/5 - API: 5/5 - Guest Tracking: 5/5 - Activity Dashboard: 5/5 [See all features](/property/condo-control-central-profile/#key-features) --- ### [Property Vista](/property/property-vista-profile/) - Overall rating: 4.8/5 - Reviews: 82 - Starting price: $250.00/month - Free trial: Not available - Free demo: Not available #### Overview Property Vista is a property management software solution that transforms how property managers build tenant relationships to increase business value through [Read more](/property/property-vista-profile/) #### Features ##### Best rated features - Credit Check: 5/5 - Rent Collection: 5/5 - Maintenance Scheduling: 5/5 - Reporting & Statistics: 5/5 ##### Worst rated features - Vacancy Management: 1/5 - Lead Management: 1/5 - Late Fee Calculation: 1/5 [See all features](/property/property-vista-profile/#key-features) --- ### [Rentler](/property/rentler-profile/) - Overall rating: 4.8/5 - Reviews: 45 - Starting price: $30.00 - Free trial: Not available - Free demo: Not available #### Overview Rentler is a property management solution designed to help landlords streamline the entire rental lifecycle, from property listing, tenant screenings and payments to maintenance [Read more](/property/rentler-profile/) #### Features ##### Best rated features - Credit Check: 5/5 [See all features](/property/rentler-profile/#key-features) --- ### [TurboTenant](/hr/turbo-tenant-profile/) - Overall rating: 4.6/5 - Reviews: 108 - Starting price: $9.92/month - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Turbo Tenant is a cloud-based property management solution that offers tenant tracking and building maintenance capabilities. It automatically sends vacancy listings out to [Read more](/hr/turbo-tenant-profile/) #### Features ##### Best rated features - Residential Properties: 5/5 - Criminal History Verification: 5/5 - Mobile App: 5/5 - Electronic Payments: 4.9/5 ##### Worst rated features - Property Management: 1/5 - Tax Management: 3.7/5 - Accounting: 3.7/5 [See all features](/hr/turbo-tenant-profile/#key-features) --- ### [Zillow Rental Manager](/property/zillow-rental-manager-profile/) - Overall rating: 4.6/5 - Reviews: 103 - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview Zillow Rental Manager is a cloud-based property management solution that helps real estate businesses handle property listings, tenant screening and rent collection on a [Read more](/property/zillow-rental-manager-profile/) #### Features ##### Best rated features - Multi-Location: 5/5 - Listing Management: 5/5 - Virtual Tour: 5/5 - Reminders: 5/5 ##### Worst rated features - Transaction Monitoring: 3.7/5 [See all features](/property/zillow-rental-manager-profile/#key-features) --- ### [Mi Property Portal](/property/mi-property-portal-profile/) - Overall rating: 4.9/5 - Reviews: 20 - Starting price: CA$0.89/month - Free trial: Available - Free demo: Not available #### Overview Mi Property Portal is a cloud-based property management solution designed for residential property owners. Features include tenant screening, online rent collection, accounting, [Read more](/property/mi-property-portal-profile/) #### Features ##### Best rated features - Property Management: 5/5 - Alerts/Notifications: 5/5 - Maintenance Management: 5/5 - Portfolio Management: 5/5 [See all features](/property/mi-property-portal-profile/#key-features) #### Pricing ##### Basic - Price: CA$0.89/month [See full pricing details](/property/mi-property-portal-profile/#pricing-and-plans) --- 1 [2](https://www.softwareadvice.com/property/apartment-management-software-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/property/apartment-management-software-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/property/apartment-management-software-comparison/?__ai_markdown=true&page=4) ## Popular Comparisons [ DoorLoop vs Buildium ](https://www.softwareadvice.com/property/buildium-property-manager-profile/vs/doorloop/)[ Yardi Breeze vs AppFolio Property Manager ](https://www.softwareadvice.com/property/appfolio-property-manager-profile/vs/yardi-breeze/)[ ResMan vs Guesty ](https://www.softwareadvice.com/property/ensoware-resman-profile/vs/guesty/)[ Innago vs Rent Manager ](https://www.softwareadvice.com/property/innago-profile/vs/rent-manager/)[ Entrata vs TenantCloud ](https://www.softwareadvice.com/property/entrata-profile/vs/tenantcloud/)[ SimplifyEm vs RentRedi ](https://www.softwareadvice.com/property/rentredi-profile/vs/simplifyem/) Here's what we'll cover: [What is apartment management software?](#Whatisapartmentmanagementsoftware) [Common features of apartment management software](#Commonfeaturesofapartmentmanagementsoftware) [What are some benefits of apartment management software?](#Whataresomebenefitsofapartmentmanagementsoftware) [Case studies](#Casestudies) ## What is apartment management software? Apartment management software are tools that make routine tasks such as tracking and storing tenant information, collecting rent, and managing accounting needs easier for property managers. Common features in apartment management software include online rental payment and account access for tenants, expense and maintenance tracking, [lease management](https://www.softwareadvice.com/property/lease-management-comparison/), resident screening, and financial reporting. ## Common features of apartment management software Property managers should consider the following features when selecting multifamily or apartment property management software: | Feature | Description | | --- | --- | | Tenant portal | Enables renters to pay their rent, submit maintenance requests and review their leasing history online. This feature simplifies payment processing and saves time. | | Automatic vacancy postings | Allow managers and owners to quickly and easily post available units to their website or on popular apartment listing sites like Craigslist, Apartments.com, Rentals.com or Google. This saves work and helps units get filled faster. | | Integrated accounting | Helps you better manage every aspect of your company’s finances with integrated general ledger, accounts payable and receivable, expense tracking, balance sheets, income statements and payroll management functionality. | --- ## What are some benefits of apartment management software? Apartment management software solutions provide various benefits that help apartment owners and property managers efficiently manage their assets. Landlords and property managers can manage many apartments using this software. It also helps landlords who own more than one apartment as it can sometimes be difficult to track maintenance manually. Some key benefits offered by apartment management software include: **Compatibility and convenience.** An apartment management software can consolidate all your individual financial information for the apartment rental businesses. The solution helps owners and landlords avoid manually handling multiple sets of information, such as tax deductions, expenses and income, for each apartment. Hence, instead of employing various incompatible software programs, a single apartment management system can be the best option. The solution also enables users to share the information with other platforms, such as apps for tablets and smartphones, via the web. **Tracking of information.** Apartment owners need to track different kinds of information, such as monthly rent payments, prospects’ call-in timings for showings and tenants’ move in and move out dates. The ideal apartment management solution helps property managers store all the information and makes it readily available to apartment owners, thus avoiding disordered paper clutter. It also stores information such as overdue payments, security deposits, lease terms and routine costs, such as licenses, insurance, inspection fees, maintenance, repairs and utility payments. **Financial management and budgeting.** Owners of multiple apartments often face issues with accounting. An apartment management solution integrates all the finances into a single budget that covers the details of all the apartments. The solution generates easy-to-understand visuals that allow users to track incoming and outgoing finances for each apartment. It also suggests remedial action points in case the user is losing money on specific assets. **Tax management.** An apartment management solution also helps apartment owners manage their business, property and personal taxes. In a multi-apartment setup, the solution manages deductions, such as labor costs, insurance premiums and maintenance costs. It also covers home office deductions in case the apartment owner is using a home office to manage the asset. The solution enables users to export all this data to create tax forms. **Marketing and lead generation.** The right kind of apartment management solutions help apartment owners and property managers market their assets and generate leads by interacting with prospects. If the apartments are listed on any business or personal websites, the solution helps post updated vacancies on the portals and accepts inquiries from prospects. It may also enable the use of web templates and assist in creating marketing material, such as brochures, ads, letterheads, fliers and business cards. ## Case studies We’ve compiled several case studies to illustrate how the features of apartment rental software solutions can help advance your business by making it easier than ever to manage apartment properties. **Automatic rent payments eliminate annual fees and free up man-hours.** Using a tenant portal like the one found in the AppFolio Property Manager apartment software system, tenants can make payments online, in seconds. This frees property managers from entering receipts by hand, increasing efficiency and resulting in cost savings. Take Real Estate Management Group, for example. With a mixed portfolio of 1,000 properties, the company must process a significant number of rent payments per month. Prior to using AppFolio Property Manager, they paid $2,800/year to manage rent payments via a separate online system. With the integrated online rent payment module in AppFolio’s apartment manager software, there are no additional monthly costs. Payments are automatically entered, freeing up countless hours of labor. Real Estate Management Group tenants can get set up with online payments in just seconds, which has increased the percentage of those using them to 60 percent—a figure expected to jump to 85 percent by the end of the year. In sum, this has resulted in annual savings of $20,800/year (and growing). | Column 1 | Column 2 | Column 3 | Column 4 | | --- | --- | --- | --- | | | Before AppFolio | After AppFolio | Annual Savings | | Online rent payments w/PayLease service | $2,800/year | $0 | $2,800/year | | Staff accounting time to support PayLease online rent payments | $18,000/year | $0 | $18,000/year | --- _Total savings: $20,800/year (and growing)._ _(\_\_Source:_ [http://www.appfolio.com/case-studies/real-estate-management-group](http://www.appfolio.com/case-studies/real-estate-management-group)_)_ **Integrated accounting helps cut thousands of dollars in unnecessary expenses.** An integrated accounting module such as that found in Rent Manager’s apartment software enables property managers to easily enter, track and analyze financial data. Detailed reports can pinpoint where adjustments need to be made in order to cut costs—a vital tool given today’s sluggish economy. _An example of an Owner’s Statement within Rent Manager’s complete accounting system. (Source:_ [http://www.rentmanager.com/](http://www.rentmanager.com/)_)_ After the real estate slump of 2008, Ballard Property Maintenance found it nearly impossible to meet the strict new banking requirements while using their previous accounting system. Looking to cut tens of thousands of dollars in expenses, they needed an integrated accounting application that could provide detailed analysis and comprehensive reports, including project costing and budgeting. The accounting system in Rent Manager’s multifamily property management software enabled Ballard to quickly trim expenses and provide banks with the detailed financial information required. ### Related Apartment Management Systems Software - [Property Management Software](https://www.softwareadvice.com/property/rental-property-management-software-comparison/) - [Real Estate Property Management Software](https://www.softwareadvice.com/property/)