11 Best Property Management Software Choices in 2025

Best Property Management Software

As the market for DIY solutions expands, landlords searching for the best property management software in 2025 will have a wide range of options.

Some offer a wide range of free features, while others offer pricing tiers based on the number of units managed. Either way, choosing the best software for your needs is critical to starting on the right foot.

To help you along your journey, we examined the top property management software options available today, accounting for the breadth of features each software offers, its pros and cons, and reviews.

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1. TurboTenant

Best All-In-One Property Management Software

Landlords new to property management software might not see the value in a solution if they have to pull out a credit card just to use it. With TurboTenant, you can sign up for a free account to get a feel for the platform risk-free.

A free account gives you access to:

And with the landlord app, you can manage your properties on your phone while seamlessly communicating with your tenants from anywhere. It’s an easy way to stay connected and productive while on the go.

After experiencing the benefits of TurboTenant’s free version, you may upgrade to our Premium offering. With it, you’ll gain access to a comprehensive landlord forms pack, lawyer-reviewed leases for every state, and reduced ACH and tenant screening fees.

This cost-effective solution is a steal compared to hiring a property manager.

Pros:

  • Easy to use
  • Cost-effective
  • State-specific leases provide peace of mind
  • Unlimited properties included in the free tier
  • Continuing landlord education gives you an edge
  • Free online calculators help you make sound financial decisions
  • Colorado-based support team here to help 7 days a week
  • REI Hub integration imports bank transactions for easy expense categorization

Cons:

  • Rental accounting software isn’t free

Customer Reviews:

  • Customers love how easy TurboTenant is to use
  • Users think that pre-screening tenants is easy
  • Reviewers agree that TurboTenant makes lease drafting simple
  • Reviewers find responsive customer service when they have questions
  • Users enjoy using the app
  • Some regret not receiving leads quickly, but configuration settings can make this process smoother
Property Management Software
Highlights
TurboTenant
Best All-In-One Property Management Software
AppFolio
Ideal for Large Portfolios of Over 50
Buildium
Top Choice for HOA Management
Landlord Studio
Solid Accounting-Focused Software
Hemlane
Good for a Few Properties
Baselane
Software Made for Financially Minded Managers
Yardi Breeze
Great for Landlords With Multi-Faceted Portfolios
RentRedi
Budget-Conscious Landlord Software
TenantCloud
Good For Scaling a Portfolio
Property Matrix
Ideal for Landlords Wanting a Customized Experience
Stessa
Budget Friendly With Limited Features

2. AppFolio

Ideal for Very Big Portfolios

If you manage a large number of doors, the solution for you might be AppFolio.

You’ll see why after examining its Core tier. In the Core tier, each unit costs property managers $1.50 to manage, with a minimum monthly spend of $298. The cost includes access to:

Ultimately, however, AppFAppFolio focuses on providing software for large-scale property management companies that manage a range of property types, including multifamily, student housing, affordable housing, and commercial real estate.

To access affordable housing features, you’ll need to upgrade to the Plus or Max tiers. Plus starts at a minimum of $960 a month, and it includes access to advanced leasing metrics, corporate accounting, flexible reporting, and bulk actions.

To get everything AppFolio offers in the Max tier, you’ll have to spend $7500 a month minimum. For a deeper look at how TurboTenant compares to AppFolio, click here.

Pros:

  • Built for large-scale operations
  • Scales quickly
  • Streamlined accounting
  • Bulk tenant charges
  • Excellent financial analysis tools
  • Top commercial property management software on the list

Cons:

  • Expensive
  • Lacking customer service
  • Not built for small portfolios
  • Not focused on continued landlord education
  • No state-specific leases

Customer Reviews:

  • Users agree that the user interface is easy to use
  • Reviewers like how comprehensive AppFolio is
  • AppFolio clients like that it efficiently organizes tenants, vendors, and owners
  • Some users wish AppFolio had more integrations

3. Buildium

Top Choice for HOA Management

While AppFolio appears to focus on large-scale property management companies, Buildium seems to target small—and medium-scale property managers who work with HOAs and similar organizations.

The pricing tier reflects this distinction. Buildium’s Essential tier starts at $55 monthly and scales to $375/month for its Premium option. It’s a far cry from the upper levels of AppFolio’s pricing.

For the listed prices, landlords can manage up to 20 units. More units drive the cost up in every tier.

Once paid, investors who choose Buildium will find access to the most critical features included in the property management software segment.

Features you can expect include:

  • Accounting
  • Maintenance management
  • Online portals
  • HOA communication between owners, residents, non-resident owners, and board members

However, you’ll need to pay additional charges to access new client leads, and it costs $99 for each bank account you link.

Check out TurboTenant vs. Buildium for a detailed breakdown of these two best property management software platforms. 

Pros:

  • 14-day trial requires no credit card
  • Showings Coordinator helps automate scheduling
  • Retail cash payments make paying rent easier for tenants
  • EZMail simplifies document mailing

Cons:

  • Several extra charges make budgeting tricky
  • Scaled pricing structure changes cost as doors are added
  • You have to pay extra if you use multiple bank accounts

Customer Reviews:

  • Customers like that Buildium helps them grow
  • Reviewers like how easy it is to use
  • Users like that tenants can boost their credit scores with on-time payments
  • Reviewers wish they could add pets easier
  • Customers wish they could integrate Buildium with accounting software

4. Landlord Studio

Best Accounting-Focused Software

Landlord Studio might be a good fit if you want a company that emphasizes accounting in its core product.

That’s not to say LandLord Studio doesn’t offer a range of property management tools. You’ll find:

  • Application management
  • Tenant screening
  • Online rent collection
  • Property maintenance

After looking over their feature set, you find what you’d expect from property management software, but it’s clear that Landlord Studio emphasizes accounting functionality.

In their Go tier, which is the entry-level, Landlord Studio includes a feature you won’t find in the others: a free GPS mileage tracker to help you calculate your mileage at tax time.

Upgrading to the Pro tier allows you to manage three units for $12 a month. Every additional unit costs a dollar. Most interestingly, LandLord Studio features automated bank syncing that automatically suggests expenses pulled from your bank account.

It’s not as much of an all-in-one solution as the others, but it’s worth a look if you’re a small landlord focused on accounting.

Pros:

  • Interesting accounting focus
  • Free tier available
  • Relatively inexpensive paid-tier
  • Easy to use

Cons:

  • Limited expense tracking in the free tier
  • No rent reminders in the free tier
  • Limited document storage in the free tier
  • No e-signatures at the time of writing
  • No customizable lease agreements at the time of writing

5. Stessa

Solid choice for landlords who don’t need a lot of bells and whistles

When discussing the best property management software on the market, it’s no surprise that Stessa would find its way onto this list. 

Stessa offers many of the features you’d expect in landlord software, like:

  • Tenant screening
  • Online rent collection
  • Lease management
  • Accounting tools

Like some other platforms, Stessa offers some of its features only to paying tiers, but there is a free option for landlords who want to try it out. The free tier lets landlords collect rent, advertise vacant units, and access basic customer support when issues arise. 

The Manage tier costs $12 to $15 per month (depending on whether you pay annually or monthly). It provides access to one e-signature monthly, more robust tax reporting features, and priority customer support. Upgrading to the Pro plan, which costs $28 to $35 per month, gives you access to the full suite of tools Stessa offers within its dashboard.

Pros:

  • Free tier available
  • User-friendly interface
  • Tax prep support is available in higher (paid) tiers
  • Mobile app available

Cons:

  • Limited tenant management features
  • Limited customer support for the free tier
  • No maintenance tracking

Customer Reviews:

  • Customers like the time-saving aspect of Stessa’s tools
  • Users like the easy-to-use dashboard
  • Many customers appreciate the free tier option
  • Some users report a buggy bank connection process
  • Some users highlight the financial tracking options while lamenting some features commonly found in property management software

6. Hemlane

Best for landlords with fewer properties

Hemlane has been around for a while and has earned a reputation for providing a wide range of features to a sizable customer base. 

Hemlane offers users:

  • Advertising options for vacant units
  • Tenant tracking
  • Tenant screening
  • Lease management
  • Maintenance tracking
  • Online rent collection

With that long list of features, Hemlane could easily be considered one of the market’s best property management software platforms. The biggest concern with Hemlane, however, is the pricing. 

While the free tier allows landlords to advertise on up to four listing sites, screen tenants, and perform some rental accounting tasks, most of the features are available in the paid tiers. 

The Basic tier costs $30/month for one unit, which breaks into $2 per unit plus a base fee of $28. This option adds lease tracking, online rent payments, and maintenance tracking. 

The next offering, Essential, starts at $48/month for one unit ($20 per unit plus a $28 base fee) and adds state-specific leases and additional maintenance features. 

Finally, the Complete plan includes everything in Basic and Essential, plus it adds repair coordination services, access to vetted vendors, and a local leasing agent. This option costs at least $96/month ($68 per unit plus $28 base fee).

Pros:

  • Comprehensive tool set in higher tiers
  • Hybrid model gives landlords boots on the ground
  • Automated rent reminders and lease renewal alerts
  • 24/7 maintenance coordination

Cons:

  • High cost for multiple units
  • The free tier is very basic
  • Higher learning curve than some software solutions

Customer Reviews:

  • Customers like the maintenance tracking tools
  • Customers like the thorough screening tools for tenants
  • Some users feel the service can be expensive

7. Baselane

Software for financially-minded property owners

For property owners that are entirely financially focused, Baselane could be an option to consider. Baselane is explicitly designed for landlords to manage their property investments, integrating banking, accounting, and rent collection into one platform.

Features:

  • Integrated banking
  • Online rent collection
  • Accounting tools
  • Tenant and lease tracking

Baseline doesn’t charge a monthly fee. Instead, the company charges users for certain individual features, like mailed checks and checkbooks or ACH fees for rent collection (which the tenant pays). 

Pros:

  • No monthly fees
  • Integrated banking setup
  • Expense tracking
  • User-friendly interface

Cons:

  • Limited property management features
  • No mobile app
  • Limited tenant communication tools

Customer Reviews:

  • Customers like its low-cost services
  • Users report enjoying how easy the expense-tracking tools are
  • Some users report wishing for a mobile app for on-the-go tracking
  • Some customers would like additional property management features

8. Yardi Breeze

Great for landlords with multi-faceted portfolios

Yardi is known for its extensive services that go beyond residential property management, spanning multiple areas of real estate investing and management. Its property management software, Yardi Breeze, offers a variety of features for landlords, including:

  • Lead tracking
  • Vendor payments
  • Property websites
  • Rent collection

While Yardi as a company offers many more services than some of the platforms on this list, landlords with a diverse portfolio of owned properties could find Yardi a viable solution to keep everything contained in one place. 

In terms of pricing, Breeze starts at $1 per unit, with a minimum monthly spend of $100. The Premier tier, which adds more features, also costs $1 per unit but has a higher minimum monthly spend of $400. 

Pros:

  • Easily scalable 
  • Suitable for owners with many properties
  • Mobile app 
  • Customizable dashboard based on modules for special property types

Cons:

  • Steep learning curve
  • Higher cost than others on this list
  • Setup can be complex 

Customer Reviews:

  • Customers like the customization options provided by the modules on the dashboard
  • Many users report appreciating the ability to manage multiple property types in one software
  • Some customers felt that the large feature set could be overwhelming to use
  • Some customers needed additional support from the Yardi team to implement the entire suite of features properly

9. RentRedi

Great option for budget-conscious landlords

RentRedi is not only one of the top property management companies in the marketplace, it’s also one of the most affordable. Unlike others on this list, RentRedi offers a flat pricing model, along with features like:

  • Online rent collection
  • Tenant screening
  • Accounting features
  • Property marketing 
  • Tenant communication tools

While there’s no free option, users immediately gain access to all features when they pay for the service. The only option is the length of the contract. Monthly users are charged $29.95. If landlords pay for six months upfront, they pay $20 monthly or $120. Finally, users pay $12/month or $144 a year if they pay for an entire year. 

Pros:

  • Affordable rates for an extensive feature set
  • Unlimited units for one rate
  • Convenient for free accounts for tenants
  • Free accounts for office and maintenance staff

Cons:

  • Better suited for small to mid-sized landlords
  • The analytics provided are fairly basic
  • No enterprise-level integrations

Customer Reviews:

  • Customers like how easy RentRedi is to use
  • Customers enjoy the prompt and helpful customer support
  • Users report that they appreciate the comprehensive tenant screening reports
  • Some landlords have reported glitches in the mobile app
  • Some customers wish the reporting and financial features were more robust

10. TenantCloud

Good option for landlords looking to scale up their portfolio

TenantCloud touts itself as an all-in-one solution for your property management needs. And with a free 14-day trial, landlords can check out its features, which include:

  • Property listings
  • Tenant screening
  • Maintenance management
  • Lease management
  • Lead tracking

TenantCloud has proven itself among the top property management software solutions. Its strong tenant management feature and lead focus ensure your units are always full of qualified tenants.

There are four pricing tiers: StarterGrowthPro, and Business. When billed yearly, they cost $17/month, $32/month, or $55/month. To find the pricing for their Business tier, contact TenantCloud directly. 

Pros:

  • Free trial
  • Comprehensive feature set
  • Mobile app
  • Automated features for rent reminders, recurring payments, and lead tracking

Cons:

  • Advanced features can have a steep learning curve
  • Maintenance tracking isn’t as robust as some other platforms
  • Some features are locked behind the higher pricing tiers

Customer Reviews:

  • Customers like the affordability of the platform
  • Customers enjoy the relative ease of integrating other software into the platform
  • Customers like the mobile app for property management on the go
  • Some customers report bugs in the desktop and mobile app
  • Some customers find the advanced features hard to learn

11. Property Matrix

Ideal for landlords who seek a customized and personal experience

While Property Matrix may be the most expensive option on this list, it also stands out as highly customizable and unique. Property Matrix strongly emphasizes flexibility in meeting its users’ business needs, which qualifies it for this list of best property management software companies. 

You’ll gain access to features like:

  • Automated workflows
  • Real-time portfolio updates
  • Maintenance management
  • Detailed reporting tools
  • Tenant and vendor portals

As mentioned, Property Matrix’s features don’t come cheap. Standard plans start at $450/month for up to 250 units, Ultimate plans start at $550/month for up to 250 units, and Enterprise plans start at $1400/month for up to 800 units. The higher-tier plans include more features, including support for commercial properties, and all tiers provide unlimited phone support. 

Pros:

  • Highly customizable features
  • Comprehensive automation workflows
  • Real-time dashboard to stay fully up-to-date
  • Scalable for property owners of all sizes
  • Integrated financial tools

Cons:

  • Higher cost than most other platforms
  • Setup can be time-consuming
  • Steep learning curve to properly make use of the complete set of tools

Customer Reviews:

  • Users appreciate the deep customization options and flexibility of the software
  • Customers enjoy the time savings granted by the automation functions
  • Customers appreciate the excellent customer support 
  • Some users find the initial setup challenging without help from the support team
  • Some customers feel that the advanced features require training to be used effectively 

Why TurboTenant is the Best Property Management Software

We think TurboTenant is the best property management software because it offers landlords a wide range of tools for a low price. Landlords can market their properties, collect rent, send digital rental applications, and screen tenants for no out-of-pocket expense. 

Then, TurboTenant’s Pro or Premium tiers unlock even more functionality for a fraction of the price of some of our competitors. In an industry where saving money in the short term drives long-term success, TurboTenant will help you every step of the way. 

So, manage your properties yourself for a fraction of the cost with TurboTenant. Sign up today!

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