Searching for the best apartment management systems for your business?

Save yourself time and stress. We’re here to help you find the right apartment management systems solution for your work.

What is apartment management systems?

Apartment management software are tools that make routine tasks such as tracking and storing tenant information, collecting rent, and managing accounting needs easier for property managers. Common features in apartment management software include online rental payment and account access for tenants, expense and maintenance tracking, lease management, resident screening, and financial reporting.
YouTube video player

How can Apartment Management Systems benefit me at work?

Makes rent collection and managing tenant requests easier.

Organizes assets in one place and improves financial reporting

Schedules maintenance remotely, saving time and costs.

What 3 key Apartment Management Systems features should I look for?

Tenant portal

Enables renters to pay their rent, submit maintenance requests and review their leasing history online. This feature simplifies payment processing and saves time.

Automatic vacancy postings

Allow managers and owners to quickly and easily post available units to their website or on popular apartment listing sites like Craigslist, Apartments.com, Rentals.com or Google. This saves work and helps units get filled faster.

Integrated accounting

Helps you better manage every aspect of your company’s finances with integrated general ledger, accounts payable and receivable, expense tracking, balance sheets, income statements and payroll management functionality.

Compare All Apartment Management Systems

Filters

Apply Filters:

X

Your Industry

Your Company Size

Price

Sort by

Recommendations: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.
Reviews: Sorts listings by the number of user reviews we have published, greatest to least.
Sponsored: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. Vendors who have paid for placement have a ‘Visit Website’ button, whereas unpaid vendors have a ‘Learn More’ button.
Avg Rating: Sorts listings by overall star rating based on user reviews, highest to lowest.
A to Z: Sorts listings by product name from A to Z.
Showing 1 - 20 of 103 products
Filters
Showing 1 - 20 of 103 products

Buildium

Buildium is a cloud-based property management software that enables managers of residential and association properties to take control of every aspect of their business, whether in the office or fully remote, including online rent...Read more

4.49 (1772 reviews)

148 recommendations

Learn More

Rent Manager

Rent Manager is award-winning property management software built for residential, commercial, and short-term-stay portfolios of any size. The program’s fully customizable features include a double-entry accounting system, maintena...Read more

4.38 (208 reviews)

38 recommendations

Learn More

AppFolio Property Manager

Run your entire portfolio on one modern platform. AppFolio’s intuitive and user-friendly experience gives your property management team the tools they need to provide excellent service to residents and owners. Whether you manage m...Read more

4.56 (1733 reviews)

60 recommendations

Learn More

Rentec Direct

Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to suit the needs of those managing properties between 25 and 5,000 units. Rentec has no startup fees, no te...Read more

4.63 (179 reviews)

15 recommendations

Learn More

Total Management

Total Management is a cloud-based property management solution suitable for midsize to large organizations that manage apartments, mixed portfolio, REITs and commercial or retail space. Total Management helps users multitask ...Read more

4.23 (89 reviews)

6 recommendations

Learn More

MRI Residential Management

MRI Residential Management suits managers looking to reduce costs while also increasing property occupancy. MRI Software has developed a comprehensive system that offers end-to-end functionality, managing everything from leasing t...Read more

4.08 (26 reviews)

Learn More

ComVibe

ComVibe is an extremely user-friendly property management solution. ComVibe can be learned in less than an hour and has also been optimized for devices with a touchscreen, like the iPad....Read more

0.00 (3 reviews)

Learn More

Landport

Landport is an online facility and work order management system that offers tools to manage both on-demand service requests and preventive maintenance. With Landport, facility, property and maintenance managers, as well as service...Read more

4.55 (31 reviews)

Learn More

Hotelogix

Hotelogix is a fit for small and mid-sized hotels, resorts, B&Bs, and other property types seeking an end-to-end solution that offers features a growing hotel needs, available in the cloud....Read more

Learn More

AIMS

Apartment Information Management Software (AIMS) by ATE Partners offers an integrated suite of property management applications that help leasing offices and landlords track all aspects of their rental business. ...Read more

3.00 (1 reviews)

Learn More

Software pricing tips

Read our Apartment Management Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Greenhouse PM

Smaller-scale landlords and property managers will find Greenhouse PM to be a user-friendly and straightforward web-based solution for managing less than fifty units. A free trial allows users to tour its cohesive PM applications....Read more

4.57 (7 reviews)

Learn More

INFO-Tracker

INFO-Tracker is a property management, maintenance and accounting system that streamlines workflows and automates business processes enterprise-wide, while providing insight into business performance....Read more

0.00 (1 reviews)

Learn More

PMX Property Management

PMX Property Management is a powerful and highly customizable solution built on the MS Dynamics NAV platform. It can be installed locally or accessed from the Web, and is flexible enough to support almost any property type....Read more

No reviews yet

2 recommendations

Learn More

Property Matrix

Property Matrix is a cloud-based property management solution for apartment complexes and multi-family unit properties. It offers applications for tenant and lease tracking, property accounting, building maintenance, CRM and onlin...Read more

4.61 (31 reviews)

5 recommendations

Learn More

SimplifyEm

SimplifyEm is a user-friendly property management solution that offers everything needed to manage a property's accounting, tenant and lease tracking and building maintenance. It's web-based and ready to go right out of the box. ...Read more

4.09 (119 reviews)

57 recommendations

Learn More

BuildingLink

A customizable, web-based system, BuildingLink can be loaded with a combination of 23 modules to configure the functionality to each business. Comprehensive dashboards and 24-hour support round out BuildingLink's features....Read more

3.43 (7 reviews)

Learn More

Entrata

Entrata is a cloud-based property management solution that features property accounting, facilities management and resident management. The solution includes invoice creation, vendor management, bank reconciliation, lead managemen...Read more

4.27 (49 reviews)

Learn More

ResMan

ResMan is the industry-leading property management platform preferred by owners, operators and investors across the multifamily, affordable and commercial real estate marketplace. Our platform is built for the evolving needs of yo...Read more

4.50 (359 reviews)

3 recommendations

Learn More

Lease Harbor

Three robust, fully integrated areas of functionality—100% web-based, easy to use, flexible, and secure, our system provides an intuitive interface offering unparalleled simplicity, without sacrificing flexibility or advanced feat...Read more

No reviews yet

Learn More

Property Vista

Property Vista is a property management software solution that transforms how property managers build tenant relationships to increase business value through technology. Property Vista integrates all of the necessary tools fo...Read more

4.76 (49 reviews)

3 recommendations

Learn More

Popular Apartment Management Software Comparisons

Buyers Guide

Last Updated: March 10, 2022

Here's what we'll cover:

What Is Apartment Management Software?
Common Features of Apartment Management Software
Expected Benefits of Apartment Management Software
Case Studies

What Is Apartment Management Software?

Apartment management software are tools that make routine tasks such as tracking and storing tenant information, collecting rent, and managing accounting needs easier for property managers. Common features in apartment management software include online rental payment and account access for tenants, expense and maintenance tracking, lease management, resident screening, and financial reporting.

Common Features of Apartment Management Software

Property managers should consider the following features when selecting multifamily or apartment property management software:

Tenant portal Enables renters to pay their rent, submit maintenance requests and review their leasing history online. This feature simplifies payment processing and saves time.
Automatic vacancy postings  Allow managers and owners to quickly and easily post available units to their website or on popular apartment listing sites like Craigslist, Apartments.com, Rentals.com or Google. This saves work and helps units get filled faster.
Integrated accounting Helps you better manage every aspect of your company’s finances with integrated general ledger, accounts payable and receivable, expense tracking, balance sheets, income statements and payroll management functionality.

Expected Benefits of Apartment Management Software

Apartment management software solutions provide various benefits that help apartment owners and property managers efficiently manage their assets. Landlords and property managers can manage many apartments using this software. It also helps landlords who own more than one apartment as it can sometimes be difficult to track maintenance manually.

Some key benefits offered by apartment management software include:

Compatibility and convenience. An apartment management software can consolidate all your individual financial information for the apartment rental businesses. The solution helps owners and landlords avoid manually handling multiple sets of information, such as tax deductions, expenses and income, for each apartment. Hence, instead of employing various incompatible software programs, a single apartment management system can be the best option. The solution also enables users to share the information with other platforms, such as apps for tablets and smartphones, via the web.

Tracking of information. Apartment owners need to track different kinds of information, such as monthly rent payments, prospects’ call-in timings for showings and tenants’ move in and move out dates. The ideal apartment management solution helps property managers store all the information and makes it readily available to apartment owners, thus avoiding disordered paper clutter. It also stores information such as overdue payments, security deposits, lease terms and routine costs, such as licenses, insurance, inspection fees, maintenance, repairs and utility payments.

Financial management and budgeting. Owners of multiple apartments often face issues with accounting. An apartment management solution integrates all the finances into a single budget that covers the details of all the apartments. The solution generates easy-to-understand visuals that allow users to track incoming and outgoing finances for each apartment. It also suggests remedial action points in case the user is losing money on specific assets.

Tax management. An apartment management solution also helps apartment owners manage their business, property and personal taxes. In a multi-apartment setup, the solution manages deductions, such as labor costs, insurance premiums and maintenance costs. It also covers home office deductions in case the apartment owner is using a home office to manage the asset. The solution enables users to export all this data to create tax forms.

Marketing and lead generation. The right kind of apartment management solutions help apartment owners and property managers market their assets and generate leads by interacting with prospects. If the apartments are listed on any business or personal websites, the solution helps post updated vacancies on the portals and accepts inquiries from prospects. It may also enable the use of web templates and assist in creating marketing material, such as brochures, ads, letterheads, fliers and business cards.

Case Studies

We’ve compiled several case studies to illustrate how the features of apartment rental software solutions can help advance your business by making it easier than ever to manage apartment properties.

Automatic rent payments eliminate annual fees and free up man-hours. Using a tenant portal like the one found in the AppFolio Property Manager apartment software system, tenants can make payments online, in seconds. This frees property managers from entering receipts by hand, increasing efficiency and resulting in cost savings.

Take Real Estate Management Group, for example. With a mixed portfolio of 1,000 properties, the company must process a significant number of rent payments per month. Prior to using AppFolio Property Manager, they paid $2,800/year to manage rent payments via a separate online system.

With the integrated online rent payment module in AppFolio’s apartment manager software, there are no additional monthly costs. Payments are automatically entered, freeing up countless hours of labor. Real Estate Management Group tenants can get set up with online payments in just seconds, which has increased the percentage of those using them to 60 percent—a figure expected to jump to 85 percent by the end of the year. In sum, this has resulted in annual savings of $20,800/year (and growing).

  Before AppFolio After AppFolio Annual Savings
Online rent payments w/PayLease service $2,800/year $0 $2,800/year
Staff accounting time to support PayLease online rent payments $18,000/year $0 $18,000/year

Total savings: $20,800/year (and growing). (Source: http://www.appfolio.com/case-studies/real-estate-management-group)

Integrated accounting helps cut thousands of dollars in unnecessary expenses. An integrated accounting module such as that found in Rent Manager’s apartment software enables property managers to easily enter, track and analyze financial data. Detailed reports can pinpoint where adjustments need to be made in order to cut costs—a vital tool given today’s sluggish economy.

Example of Owner’s Statement within Rent Manager

An example of an Owner’s Statement within Rent Manager’s complete accounting system. (Source: http://www.rentmanager.com/)

After the real estate slump of 2008, Ballard Property Maintenance found it nearly impossible to meet the strict new banking requirements while using their previous accounting system. Looking to cut tens of thousands of dollars in expenses, they needed an integrated accounting application that could provide detailed analysis and comprehensive reports, including project costing and budgeting. The accounting system in Rent Manager’s multifamily property management software enabled Ballard to quickly trim expenses and provide banks with the detailed financial information required.