13 min read
Rent Concessions 101: What They Are & When to Use Them
Rent concessions are common among landlords aiming to incentivize potential or existing tenants to rent their properties. When utilized strategically, these temporary...
Managing a single rental property is tough enough. Managing an entire apartment building substantially increases the complexity. Rent collection, lease renewal processing, and tracking maintenance requests become infinitely more complicated when spread across multiple units. As a result, many managers turn to apartment building management software.
These solutions enable managers to streamline workflows and make day-to-day operations more manageable. Software platforms alleviate the stress of burdensome, manual tasks while maximizing profits and centralizing the troves of information needed to run an apartment building effectively.
In this guide, we’ll examine the top 11 apartment building management software solutions of 2025 to set you and your building up for success.
Each of the software solutions listed below offers a number of standard features that apartment managers look for when evaluating software. These include:
Of course, not all software choices offer the same level of functionality across each of these features, though most include some utility. Rather than list these same features across each of the 11 best apartment management software choices, we’ll pick out three features from which we think apartment managers will get the most mileage.
Note: The features we display in this article are incomplete, and some of the capabilities listed in the Key Features section are only available in the more expensive tiers. For a full glimpse into each platform’s capabilities, consider signing up for a free account (where available) or scheduling a demo.
TurboTenant is one of the best free apartment building management software platforms. It allows managers to centralize their workflow and streamline day-to-day operations compared to spreadsheets and one-off tools.
Here’s how: From your mobile device, laptop, or desktop, managers can list properties, field applications, screen renters, sign leases, and collect rent from within a single platform. Rather than bouncing from individual tool to individual tool, managers can complete these critical tasks from one interface.
And with stellar customer reviews, trusty customer service, and a comprehensive set of features, it’s no wonder that TurboTenant boasts over 700,000 landlords and property managers on its platform.
TurboTenant is free for property managers who need to collect rent payments, market properties, send online applications, and perform other essential management tasks. The Premium tier unlocks unlimited lease agreements, waived ACH fees, faster customer service, and more.
Sign up for a free TurboTenant account today to gain immediate access and simplify your property management processes!
RentRedi has been on the market since 2016 and focuses on residential property management. It helps property managers of all sizes. While RentRedi isn’t free, the platform offers several cost-effective plans that could benefit apartment managers with multiple units.
RentRedi doesn’t offer a free tier and charges $29.95 for monthly accounts, $20/month if six months are paid upfront, and $12/month for the entire year.
Check out TurboTenant vs. RentRedi for more.
TenantCloud offers a number of tools for property managers, especially those with teams of people who all need access to the platform. A central point of emphasis for the software is the ability to easily manage multiple properties without missing a beat.
There is no free tier apart from a 14-day trial. Payment options include monthly and yearly pricing, with discounts for annual pricing. Each tier provides access to additional tools the higher you go.
Visit TurboTenant vs. TenantCloud for a deeper dive.
AppFolio is a property management platform that covers properties of all sizes, including apartment complexes. It incorporates AI to drive automation and has a reputation for user-friendly design and an interesting suite of tools.
Interested parties should contact AppFolio for a quote. However, property managers generally pay per unit, with a minimum monthly spend required.
Each tier increases the number of features and metrics property managers have access to, with the highest level providing API access and a dedicated account manager.
Interested in AppFolio? See how we stack up in TurboTenant vs. AppFolio.
Buildium has existed in the property management space since 2004. The company focuses on delivering a cohesive platform to streamline day-to-day operations. Ultimately, it’s mainly a residential platform that can handle large numbers of properties for apartment building managers.
Buildium doesn’t offer a free plan, but its three tiers offer escalating features depending on the level chosen. Interested apartment managers can start a 14-day free trial to get a feel for the software.
It’s worth noting that these prices increase as your number of units grows.
Can’t decide between TurboTenant vs. Buildium? Read our guide.
Landlord Studio focuses heavily on tracking financial earnings and might be more suited to property owners with a few properties. It started as a private tool for a pair of landlords who wanted to build an easy-to-use, basic tool for their own properties.
Landlord Studio offers a free plan for up to 3 units, which allows property managers to try the platform. The two paid tiers offer escalating services and can accommodate unlimited units.
Check out our Landlord Studio Review for more information.
Yardi is popular for its versatility across different real estate types, covering everything from single-family homes to apartment complexes. With a clean design and access to a substantial number of features, it’s easy to see why Yardi’s been around for some time.
Yardi Breeze pricing offers two tiers from which landlords can choose. You may pick Breeze Premier for more comprehensive features like online lease agreements, depending on your needs.
Compare three of the top choices in this article: AppFolio vs. Yardi vs. Buildium.
Property Matrix is a sleek-looking property management system that offers a number of helpful features for property managers of all sizes. With a strong investment-based focus, Property Matrix seeks to help owners maximize their investments.
As one of the most expensive options on this list, Property Matrix offers three tiers, each unlocking additional features.
Stessa prides itself on saving property managers time and money by offering features and automation to help them run their buildings. In addition to the ones listed below, Stessa boasts a number of standard features for property management professionals, like a mobile app, financial reporting, and online lease signing.
Stessa offers three tiers, including a free plan, with additional features added as you pay more.
Take an in-depth look at TurboTenant vs. Stessa.
Hemlane seeks to be an all-in-one solution for property managers seeking to simplify their workload and streamline operations. Apart from its standard subscription models, Hemlane offers a number of paid add-ons (tenant placement, inspections, eviction avoidance) that could provide additional benefits.
While Hemlane offers a Free plan, apartment managers with a bevy of units will most likely need to upgrade to a paid tier.
Learn more about Hemlane’s property management software in our Hemlane Review.
Rentec Direct is property management software that uses lead generation and conversation to keep units full of tenants. It is best suited for landlords with a robust marketing plan and a large number of units to fill on a rotating basis.
Pricing for Rentec Direct starts at $50/month for up to 25 units, with $2/ month added for each additional unit over 25.
While there are many options on this list, the best free apartment building management software is TurboTenant. With incredible customer service, many helpful and easy-to-use tools and features, and an incredibly low price point, TurboTenant has been helping apartment building managers find efficiencies and make their lives easier.
TurboTenant can help with:
So what are you waiting for? Sign up for a free account today!
Apartment building management software is a set of tools and features used to centralize the operations of renting out property.
Every apartment manager might look for slightly different tools when choosing property management software but should consider the feature set, ease of use, customization, and value.
TurboTenant offers a free plan, so sign up today.
13 min read
Rent concessions are common among landlords aiming to incentivize potential or existing tenants to rent their properties. When utilized strategically, these temporary...
10 min read
Managing a single rental property is tough enough. Managing an entire apartment building substantially increases the complexity. Rent collection, lease renewal processing,...
9 min read
If you’re reading this article, you likely own one or more multifamily properties and are considering hiring a property management company to...
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