The 12 Best Property Management Software Solutions of 2024
Portfolio-based property management companies often manage a diverse range of properties and face unique challenges that make robust software essential:
- Scale and Complexity: Managing a large portfolio with different types of properties (residential, commercial, multifamily, etc.) increases complexity. Software helps streamline operations, from tenant screening to maintenance management.
- Efficiency: Good software can automate routine tasks, reducing the time and effort required for administrative work, thereby increasing efficiency.
- Centralized Data Management: Allows for centralized tracking of financials, tenant information, maintenance requests, and other critical data across all properties.
- Compliance and Reporting: Simplify compliance with various regulations. Generating reports for property owners should be quick and easy.
- Tenant and Owner Communication: Enhanced software facilitates better communication with tenants and property owners, improving tenant satisfaction and retention.
- Market Adaptability: It enables companies to quickly adapt to market changes, like adjusting rental prices or marketing strategies.
From the individual landlord to managing a portfolio of multi-unit communities, the right property management software is crucial to effectively manage operations. Here are some features that you should look for:
Financial Reporting
Tenant Satisfaction
Owner Communication
Lease Administration
Cost Management
Tenant Portals
Renovation Project Management
Custom Reporting
Maintenance Tracking
Tenant Marketing
Time Tracking
Inspection Tracking
For both small- and mid-sized property management businesses alike, it’s not always easy to find the right business management software. With so many choices out there, it can be hard to know which property management software solution really fits the unique needs of your business.
Don’t worry, there’s good news—finding the right software for your business has never been easier.
We’re here to help. Our software experts have compiled a comprehensive breakdown of The 12 Best Property Management Software Solutions of 2024.
*Note: Our property management software reviews are for informational purposes only. We encourage you to perform research and demo systems to achieve the most comprehensive comparison.
1. Striven
Striven is an all-in-one business management software solution built with property management businesses in mind. It combines project management, collaboration tools, accounting, tenant management, HR, operations, marketing, and so much more into a single easy-to-use interface. Striven is a diversely capable software solution that supports your tenants, staff, and 3rd-party vendors.
Highlights:
- Detailed financial and compliance reports generated in seconds
- Effective marketing of properties to attract quality tenants.
- Maintenance management with interactive calendars
- Tenant and vendor portals
- Renovation project management
- Customizable dashboards for each property/tenant
- Full accounting functionality
- Full CRM dashboard
What Sets It Apart: Striven’s expert team of business analysts personally see to your success. From training and onboarding, technical support, and business-specific customizations, the US-based Striven support staff is available 24/7. On top of that, Striven’s process automation capabilities allow you to work more efficiently.
Pricing: Free trial and custom demo, packages begin at $35/user.
More info: Striven Earns #1 Spot On G2’s Momentum leader ERP Report
2. AppFolio
https://www.appfolio.com/property-manager
AppFolio Property Manager unlocks new possibilities for your business all on one powerful platform. No matter what your needs might be, our personalized partnership and intuitive software open every closed door along the way, helping you uncover new efficiencies and grow your business.
Highlights:
- Accounting & Reporting
- Communications & Service
- Staffing & Training
What Sets It Apart: Realm-X, an innovative conversational interface.
Pricing: From $1.40 to $5.00 /unit/month. ***Minimums apply
3. RealPage
Get ready to transform your operations and boost efficiency like never before! Ignite your competitive advantage with RealPage Back Office innovations.
Gain reliable insights and portfolio-wide visibility for more informed investment decisions, a streamlined capital-raising process, and enhanced investor interactions.
Highlights:
- Resident Portals
- Business Intelligence
- Revenue Management
What Sets It Apart: RealPage Analytics delivers the most accurate apartment data, trends and industry news.
Pricing: Contact for pricing
4. Lodgify
https://www.lodgify.com/property-management-software/
Lodgify’s property management software for vacation rentals allows you to manage all your bookings, tasks, finances, and guest communications from one online centralized platform
The result of real-life, short-term rental industry experience, our platform has been designed specifically for vacation rental professionals.
Highlights:
- Mobile app
- Aesthetically pleasing and easy-to-navigate dashboard
- Free onboarding
What Sets It Apart: Easily build a bookable vacation rental website. Publish your vacation website today and generate direct bookings for your rental business. No technical skills required.
Pricing: From $13 /month (+1.9% booking fee)
5. Rentec Direct
Used by small property management companies and landlords, offering website building, tenant screening, availability listings, tenant payments, and business accounting.
Whether you are a landlord managing a handful of properties or a property manager with thousands, Rentec Direct includes all the features you need to make your operation the most efficient it has ever been.
Highlights:
- Includes unlimited free US-based support.
- Ledger Accounting
- Online Rent Payments
What Sets It Apart: Integrates with Corporate Accounting – Quickbooks, SAP, Oracle.
Pricing: Contact for pricing
6. ADDA.io
Built for apartment communities, including accounting, automated billing, inventory management, and a mobile app for community renters with a private social network, visitor management, and facility requests
Highly Configurable and Flexible with Upgrades necessary for the fast-evolving Residential landscape.
Highlights:
- A sleek ERP tailored for managing today’s Single Family HOA
- Central Data Base of Units/Owners
- Communications & Survey
What Sets It Apart: The Gatekeeper App enables the Property Management staff to be able to report various incidents easily from the App, and also have useful Community information available to them to help proactively resolve incidents, while keeping the privacy of residents intact.
Pricing: From $.45 /unit/month ***Minimums apply
7. Buildium
Used primarily by portfolio-based property management companies for managing rental properties, associations, or student housing. Offers property management, client billing, and marketing features.
Bring your operations online with property management tools for heightened efficiency and automation that makes daily tasks hum.
Highlights:
- Resident Center and Owner Portal
- Maintenance Request Tracking
- Master the software with Buildium Academy online training
What Sets It Apart: Approve lease applications, resolve maintenance issues, handle payments and update financials, from wherever you are.
Pricing: From $55 /month
8. TurboTenant
A free software ideal for landlords and property managers with 1-100 units. Features include online applications, property marketing, tenant screening, and rent collection.
Highlights:
- Post to dozens of popular renter sites at once
- Carefully vet renters now to prevent evictions later
- Get easy tracking, autopay, automatic reminders and late fees, and receipts
What Sets It Apart: Get leads, screen tenants, create leases, and collect rent—all in one place.
Pricing: Contact for pricing
9. ApnaComplex
Designed for multi-family apartment communities, gated communities, and co-housing societies, offering facilities management, gate access management, rent collection, accounting, and tenant request.
Highlights:
- Helpdesk Automation Tools
- Smart Facility Management Tools
- Community Collaboration Tools
What Sets It Apart: The perfect solution to make living in an apartment complex a pleasant and convenient experience – for the residents, the managing committee members, and the security staff.
Pricing: Contact for pricing
10. ResMan
Industry-leading property management platform helps multifamily and affordable housing managers operate more efficiently and deliver higher rates of return to investors.
Highlights:
- Automates time-intensive processes
- Intuitive navigation and streamlined workflows
- Robust search function and contextual help
What Sets It Apart: ResMan’s BoardRoom is a customizable dashboard that provides amazing real-time visibility with drill down into KPIs so you can quickly see where individual properties and portfolios stand and where attention is needed.
Pricing: Contact for pricing.
11. Yardi Breeze
Drawing on Yardi’s 35+ years of providing leading property management software and unwavering customer support, Yardi Breeze is property management software that helps owners and managers streamline and simplify their daily operations.
Breeze combines the power, simplicity and affordability that thousands of property managers rely on to achieve their goals.
Highlights:
- Manage all your properties from any device
- Streamline workflows
- See your daily, weekly, and monthly task and activity calendar
What Sets It Apart: Ideal for portfolio-based property management companies, real estate investors, and corporations. Manages single-family rentals, multifamily, and commercial properties.
Pricing: From $1.00 /unit/month ***Minimums apply
12. PropertyVista
https://www.propertyvista.com/
Property management solutions that help property teams and owners streamline workflows, automate tasks, and improve their bottom line.
Highlights:
- Multifamily lead management
- Vendor management for multifamily properties
- Property Vista dashboards and reporting
What Sets It Apart: Provide exceptional tenant experience with features like online rent payments, automated communications, and a tenant portal for easy access to important information.
Pricing: From $1.00 /unit/month ***Minimums apply
Contact a Property Management Software Expert
Over the years, our software support team has helped business owners and their employees hit the ground running. Our Small- to Mid-Market Business Analyst Team here at Striven has decades of experience in a variety of professional services industries, including IT service providers. It’s your business, and you’re the expert—our team is here to assist you in any way we can. Just like every car needs a trusted mechanic, all software needs a dedicated support team.
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