The Best Property Management Software of 2023

The world is changing to match the digital age. It’s no surprise that real estate has followed suit. Property management software is one of the greatest changes for landlords. 

The days of physical checklists and filing reports are long gone. Good property management software eases the challenges of daily tasks. Landlords can better manage their tenants and staff with the right tools.

Property owners can raise production and lease more units with the right software. This increases income. But which platform is right for your property? Explore the top companies and discover which one best suits your needs. 

What Is the Best Property Management Software? 

The best software can better your efforts in managing your properties. Choose from the best services that are right for your team. This software will keep all of your important information in one easy-to-use tool. Anyone on your team will have access to this information depending on which tool you choose. Working with digital software brings your team up-to-date with all tasks. It also allows your tenants to stay informed. 

With the right digital platform, you can increase your income and keep your tenants happy. These five software companies have their top-selling points. Each one has its pros and cons. It’s up to you to decide which service is the best fit for your properties.

The Top Free & Paid Property Management Tools

1. Buildium

This service solves every pain point raised by property managers. Buildium is a simple platform that can be used in any location. This feature makes it ideal for residential and association property managers. 

Through Buildium, property owners can: 

  • Manage lease application approvals
  • Review and resolve maintenance reports
  • Oversee payments
  • Update expenses
  • Receive online payments

The cost to use this software depends on the number of units you manage. The price starts at $50 per month for 150 units and caps at $1,080 per month for 5000 units.

2. Zoho’s Free Property Manager

Zoho offers a free property management app for landlords who own personal rental, or property managers with multiple units, this online application is your one-stop solution.

  • Provide personalized portals
  • Streamline workflows and centralize your data
  • Real-time dashboards to get a quick overview of important metrics
  • Reduce task duplications
  • Record rental payments
  • keep tracking of outstanding balances
  • Handle maintenance and unexpected repairs
The best real estate property management software

3. Avail

Free cloud-based landlord software to help you manage your rental properties. Avail helps independent landlords to find, screen, and maintain tenants. It offers phone, live chat, and email support. This is a web-based tool and also has a mobile app for both iOS and Android devices.

  • Syndicated Listings
  • Credit and Criminal Screening
  • State-Specific Leases
  • Custom Applications and Leases
  • Online Rent Payments
  • Maintenance Tracking

4. AppFolio 

AppFolio is a proper one-size-fits-all software. Properties of all sizes will benefit from using this platform. Landlords choose the monthly plan that includes the features best suited for them.

This platform sets property owners up for success. A mobile-friendly app is included for on-the-go property owners. This makes the software easy to use.

Features include: 

  • Rent collection
  • Resolving maintenance requests
  • Accounting software
  • Marketing integration tools for third-party platforms
  • Utility billing
  • Tailored online leases

5. MRI Real Estate Software

MRI Software is an experienced and reliable company. Since 1971, they have been delivering innovative real estate tech solutions. Their portfolio includes decades of loyal customer ties.

This easy-to-use platform is best suited for commercial spaces. The price of each unique platform is designed to each property owner’s needs.

Features include: 

  • Online rent collection
  • Tailored leases
  • Accounting
  • Maintenance requests
  • Communication with tenants
  • Room tracking
  • Credit risk management

6. Innago

Innago is a free online rental property management software designed to save your time & money. Whether you have one unit or one thousand, it lets you manage your job easily.

  • Residential properties
  • Rent tracking
  • Collect rent online
  • Tenant tracking
  • Tenant portal
  • Property database
  • Commercial property management

7. Yardi Breeze

Yardi Breeze is a match for small to mid-sized portfolios. This software’s appeal lies in its features. These features create an easier way to manage your money, tenants, and staff.

These features include: 

  • Online rent collection
  • Rent applications
  • Accounting
  • Marketing with Rent CafĂ©
  • Activity calendars
  • Renter’s insurance
  • Outsource payments
  • Communication with tenants
  • Move-in and move-out workflow sheets
  • State-based lease templates

Yardi Breeze includes a photo-integration feature within the platform. Tenants can use the feature to have photos in maintenance forms.

This software’s pricing starts at $1 a month with no minimum or maximum units. The minimum monthly price is $100 for residential and $200 for commercial. 

8. TenantCloud 

For those looking to get started with a smaller budget, TenantCloud is for you. This software offers tiered pricing, and the basic package is free. If you are looking for free property management software, TenantCloud is the best for tenant and landlord. So, you can easily pay rent online or receive payments online. The standard package is $9 per month for 150 units. The advanced package is $39 per month for 500 units.

Features include:

  • Online rent collection
  • Lease templates
  • Rental applications
  • Insurance reminders
  • Service reminders
  • Maintenance requests
  • Screening
  • Reports
  • Accounting

This service is made for new landlords or small property owners. TenantCloud is available as a mobile app for both Android and iPhone. 

9. Entrata

Entrata is another cloud-based real estate property management software designed with property management, marketing, leasing data, facilities features.

  • Automate your renewal offer process
  • Tenant portal
  • Generate custom lease agreements
  • Post transactions to the ledger
  • Manage payments
  • Commercial property

10. Rentec Direct

Rentec Direct is one of the best online property management solutions for real estate managers, landlords, and property managers. This is a fully-featured real estate management software with accounting, operations, lease and management, and reporting features.

  • Residential properties
  • Work order management
  • Retail leases
  • Tenant portal
  • Tenant tracking
  • Property management

11. Rent Manager

Rent Manager is a powerful property management software built for residential, commercial, and short-term-stay portfolios of any size. It combines all the features you need to run your business into a single integrated solution.

  • Billing & Invoicing
  • Calendar Management
  • Contact Management
  • Credit Check
  • Commission Management
  • Late Fee Calculation
  • Committee Management

12. ResMan

Want to market and manage in one platform. ResMan is a real estate management software that has accounting, budgeting, marketing, reporting, tenant screening, and property maintenance tools.

  • Commercial Property Management
  • Phone Support, Email/Help Desk, Chat
  • Lead Management
  • Residential leases
  • Insurance Management

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