11 Best Property Management Software for 2025

Managing rental properties can be a challenging task, especially as portfolios grow or diversify. Whether you’re managing a single property or hundreds, property management software can help streamline operations, simplify tenant communication, and optimize your real estate investments.

Here’s a comprehensive guide to the best property management software of 2025 to help you find the perfect solution for your needs.

What Is Property Management Software?

What Is Property Management Software?

Property management software is designed to assist landlords, property managers, and real estate investors in handling various aspects of rental property management. From tracking rent payments and managing maintenance requests to handling tenant screening and accounting, these tools simplify tasks that can otherwise be time-consuming and error-prone.

Top 11 Property Management Software Options

Top 11 Property Management Software Options

Landlord Studio

Best for Versatile Property Management

Landlord Studio is a feature-rich platform tailored for landlords managing small to medium-sized portfolios. With robust accounting tools and property management features, it’s perfect for simplifying day-to-day operations like rent collection, lease tracking, and maintenance management.

Key Features:

  • Real estate accounting tools, including receipt scanning and automated bank reconciliation.
  • Automated rent collection with online payments and late fee tracking.
  • Maintenance request tracking and tenant communication tools.

Pros:

  • Free tier for small portfolios.
  • Mobile app for on-the-go management.
  • Quick onboarding by uploading spreadsheets.

Cons:

  • Rent payments take 3–5 days to process.
  • Limited advanced tenant communication features.

Pricing:

  • Free plan for up to 3 units.
  • Paid plans start at $12/month for additional features.

Hemlane

Best for Remote Management

Hemlane is an all-in-one property management platform that stands out for offering remote management tools, including access to local property management assistants and vendors. It’s perfect for landlords managing properties out of state.

Key Features:

  • 24/7 repair coordination.
  • Advertising to 15+ listing websites.
  • Nationwide eviction support.

Pros:

  • Free plan available.
  • Offers self-guided tour technology for leasing.

Cons:

  • No mobile app.
  • Limited accounting features.

Pricing:

  • Free plan available; premium plans start at $68/month per unit.

Buildium

Best for Professional Property Managers

Buildium is a comprehensive cloud-based software tailored for property managers handling large portfolios. It includes tools for tenant screening, rent collection, and property accounting, making it a favorite for managing multiple units.

Key Features:

  • Automatic rent collection via a tenant portal.
  • Customizable dashboards for data insights.
  • Tools for managing homeowner associations (HOAs).

Pros:

  • Excellent training materials.
  • Award-winning customer support.

Cons:

  • High price point for small-scale landlords.
  • Onboarding can be expensive.

Pricing:

  • Plans start at $55/month for smaller portfolios.

AppFolio

Best for Large Rental Portfolios

AppFolio is a top choice for property managers overseeing 50+ units. With advanced accounting, maintenance, and leasing features, it’s designed for managing complex portfolios.

Key Features:

  • Online leasing and automated payments.
  • Comprehensive accounting and reporting tools.
  • Support for commercial and residential properties.

Pros:

  • Mobile app for efficient property management.
  • Scales well for large operations.

Cons:

  • High starting price at $280/month.
  • Not suitable for smaller portfolios.

MRI Software

Best for Commercial Properties

MRI Software specializes in managing large commercial real estate portfolios. With features like investment analysis and strategic planning tools, it’s designed for complex operations.

Key Features:

  • Advanced market data integration.
  • Tailored tools for commercial property management.
  • Flexible reporting and analytics.

Pros:

  • Excellent for multi-family and commercial properties.
  • Advanced features like lease tracking and forecasting.

Cons:

  • Enterprise-level pricing.
  • Lengthy onboarding process.

TurboTenant

Best Free Option

TurboTenant provides essential property management tools at no cost to landlords. Features like online rent collection, tenant screening, and advertising make it ideal for budget-conscious property managers.

Key Features:

  • Free property listing syndication.
  • Online rent collection and late fee tracking.
  • Tenant screening tools.

Pros:

  • Free plan available.
  • User-friendly interface.

Cons:

  • Advanced accounting features are add-ons.
  • Limited scalability for large portfolios.

Pricing:

  • Free plan available; premium plans start at $9.92/month.

Rentec Direct

Best for Mid-Sized Portfolios

Rentec Direct combines property management and accounting tools, making it suitable for landlords and property managers with medium-sized portfolios.

Key Features:

  • General ledger accounting.
  • Automated listing syndication to popular rental websites.
  • Maintenance tracking and tenant communication.

Pros:

  • User-friendly interface.
  • Flexible reporting tools.

Cons:

  • No free plan.
  • Additional fees for some features.

Pricing:

  • Plans start at $45/month for up to 10 units.

Avail

Avail

Best for Small Landlords

Avail simplifies tenant acquisition and management with features like listing syndication, online rent collection, and maintenance tracking. It’s particularly well-suited for landlords with smaller portfolios.

Key Features:

  • E-sign leases and tenant screening.
  • Basic accounting and reporting tools.
  • Rent payment reminders and tracking.

Pros:

  • Free plan available.
  • Easy-to-use interface.

Cons:

  • Accounting tools are less robust.
  • Becomes expensive for larger portfolios.

Pricing:

  • Free tier available; premium plans start at $9/unit per month.

Propertyware

Best for Single-Family Homes

Propertyware focuses on single-family property management with robust tools for tenant tracking, rent collection, and maintenance.

Key Features:

  • Mobile app for remote management.
  • Flexible reporting and analytics.

Pros:

  • Designed for single-family properties.
  • Scales well for large portfolios.

Cons:

  • High onboarding fees.
  • Minimum monthly fees of $250.

Yardi Breeze

Best for New Investors

Yardi Breeze offers an affordable entry point for landlords and property managers. Its robust feature set includes tenant communication, online payments, and maintenance tracking.

Key Features:

  • Tenant and lease tracking tools.
  • Customizable reporting.

Pros:

  • Free training and customer support.
  • Versatile for residential and commercial properties.

Cons:

  • No mobile app available.

Pricing:

  • Residential plans start at $100/month.

DoorLoop

Best for Quick Onboarding

DoorLoop offers a streamlined experience with a user-friendly interface. It caters to landlords and managers with portfolios of all sizes, from single properties to hundreds.

Key Features:

  • Lease tracking, tenant screening, and rent collection.
  • Customizable workflows and reporting tools.

Pros:

  • Short learning curve.
  • Fast onboarding.

Cons:

  • Slightly more expensive than competitors.

Pricing:

  • Plans start at $59/month.

Final Thoughts

Selecting the right property management software depends on your portfolio size, property type, and management style. Whether you need advanced accounting, tenant screening, or mobile management tools, there’s an option that fits your needs.