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30 Best Rental Management Software in 2021

What is Rental Management Software?

Rental management software comes loaded with cloud tools for managing property listings, accounting processes, and screening tenant applications. Rental management software is utilized for all kinds of real estate properties such as commercial, community, apartments or residential complex.

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Rental Management Software
Event Management Software by D’Katia Technologies is a cloud-based rental management software for event management... Read More About Rental Management Software
Stock Management Quotation Invoice Management +8 More
Real Estate Solution
Aarvi Real Estate Solution is a business management software for large real estate companies having a wider reach. The... Read More About Real Estate Solution
Customer Engagement & Lead Management Budget & Expense Management Voucher Management +22 More
Trigent - Scaffolding Management Software
Trigent Infotech Pvt. Ltd. is a leading enterprise software development and implementation company who provides customiz... Read More About Trigent - Scaffolding Management Software
Daily Reports Daily & Monthly Reports GST Report +8 More
Agriya BookorRent - Booking & Rental Software
BookorRent, a comprehensible online booking and rental purpose platform allows you to set up a rental business model tha... Read More About Agriya BookorRent - Booking & Rental Software
Barcode Settings Additional data from bookers Collection management +6 More

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Centra REMS

Centra REMS

By Focus Softnet

(2 reviews)

PRICE ON REQUEST

Centra REMS is a robust solution that enables quick and efficient services to customers, delivering unmatched experie... Read More About Centra REMS
Contact Management Lease Management Expenses Management +3 More
Propertyware

Propertyware

By Propertyware

PRICE ON REQUEST

Propertywareis a complete Property Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Propert... Read More About Propertyware
Meshink Rental Management software

Meshink Rental Management software

By Indian Mesh

Starting Price

₹17,700

Inclusive of all taxes

Meshink Rental Management software is an all-in-one Real Estate Software designed to serve Startups, SMBs, SMEs and Agen... Read More About Meshink Rental Management software
Streamline

Streamline

By STREAMLINE

PRICE ON REQUEST

Streamline is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Rental... Read More About Streamline

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Guesty

Guesty

By Guesty

PRICE ON REQUEST

Guesty is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Rental Mana... Read More About Guesty
Hemlane

Hemlane

By Hemlane

PRICE ON REQUEST

Hemlane is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Rental Man... Read More About Hemlane
Custom views and smart fields Stock Management Graphs & Charts +6 More
NQuo Rental Billing Software

NQuo Rental Billing Software

By Nandvarik

Starting Price

₹7,080

Inclusive of all taxes

NZip 9.0 Sales is Simple-n-Powerful basic Software to Manage Inventory, Sales, Purchases & Accounting for small Stor... Read More About NQuo Rental Billing Software
Society Management Billing & invoicing Accounting +5 More

Top Products

Quicken

Quicken

By Quicken

PRICE ON REQUEST

Quicken is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based... Read More About Quicken
Tenant Billing System Loan Management Income & Expenses Report +4 More
365Villas

365Villas

By 365Villas Limited

PRICE ON REQUEST

365Villas is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Base... Read More About 365Villas
Reservation & Booking Integrated Communication Customization +9 More
Innago

Innago

By innago

PRICE ON REQUEST

Innago is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based R... Read More About Innago
Invoices Document Storage Financial Transaction +4 More
Smoobu

Smoobu

By Smoobu

PRICE ON REQUEST

Smoobu is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based R... Read More About Smoobu
Channel Manager Rate Management Reservation Management +6 More

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RealPage

RealPage

By RealPage

PRICE ON REQUEST

RealPage is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based... Read More About RealPage
Accounting Business Intelligence Online Payment +5 More
OwnerRez

OwnerRez

By OwnerRez

PRICE ON REQUEST

OwnerRez is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based... Read More About OwnerRez
Channel Management Messaging Website +4 More
LiveRez

LiveRez

By liverez

PRICE ON REQUEST

LiveRez is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-Based... Read More About LiveRez
Admin Control Reservation & Booking Accounting +5 More
Your.Rentals

Your.Rentals

By Your.Rentals

PRICE ON REQUEST

Your.Rentals is an all-in-one Rental Management Software designed to serve Startups, SMBs, SMEs and Agencies. This Web-B... Read More About Your.Rentals
Channel Manager Calendar Syncronization Payment Processing +7 More

Last Updated on : 25 Oct, 2021

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Buyer's Guide for Top Rental Management Software

Found our list of Rental Management Software helpful? We’re here to help you make the right choice and automate your business processes. Let’s discover some of the essential factors that you must consider to make a smarter decision!

What is Rental Management System?

Rental management software provides a medium for easy communication between property owners, residents/tenants, society members, etc. Make use of the rental property management software for tracking maintenance activities, running advertisements for rental properties, billing, accounting and other functions.

Most Common Features of Rental Management Software

1. Channel manager: Rental management software helps in managing multiple site listings, bookings, and calendars. With the help of the channel manager feature, property managers can maximize the visibility of their rental properties. This feature helps in updating information regarding the rent and availability of rental properties on all channels on different property sites.

2. Payment management: Rent management platforms directly collect rents from guests before transferring them to the user's bank account. Thus, you don’t have to worry about creating invoices or sending payment reminders to guests and customers.

3. Builder listing: It helps create attractive listings for your property. Such listings can then be sent to sales channels for acquiring new customers. In case you have a specific listing available on another website, you can use the best available rental software solutions for picking those listings from there and pasting it on another website.

4. Multiple language support: Multiple language support allows users to connect with customers and clients across the world. You can easily converse with guests and customers in their preferred language through rental property software. Guest liaison, inquiries, and booking support could all be done conveniently through rental management software.

5. Direct booking: You don't need to pay with a commission for handling cash and pays. Use some of the best available rental software for collecting bookings and managing online payments. Direct bookings mean receiving payments directly from the customers/guests. With this option in play, there is no requirement for sales channel commission or sales channel per se.

6. Calendar sync: It helps publish your listing on vacation rental websites. Use the calendar updates feature within the sync section for updating your availability on each website through vacation rental management software. This way, guests/customers can know when your property is available for the booking.

7. Competition and market analysis: Receive insights over-occupancy and compare rules for booking for similar kinds of properties in your location. It assists in understanding the forces of demand and supply through such analytics, so that you can maximize the number of rental bookings through different sales channels.

8. Collaborate: Regular updates are an absolute necessity so that customers have information available about current bookings, coupons, etc. Rental software helps collaborate with other members such as staff, housekeeping and colleagues to update the calendar sync or view the best available calendar listings.

9. Account management: Account management support is meant for providing assistance during list building, optimising these for sales channels and receiving regular support. Interestingly, accounting management capabilities also provide access to quarterly reviews that can be used for assessing performance and identifying opportunities for improving the business.

8 Benefits of Rental Management Software

1. Cost reduction: Costs get significantly reduced when best small business accounting software for rental property comes into play. You can manage bookings, billings and revenue through a single platform and also analyse the best sources of revenue for your rental property business.

2. Ease of access: Rental management software helps access the data stored in secure servers as per your convenience. Timezone, location, server or the computing device is never a limitation here. All you need is an internet connection.

3. Master documents: You may have asked a team member to upload property pictures on a rental website. In such a case as a business owner or moderator, you are free to access this uploading process as and when it is done. This is made possible through copies of master documents available on rental property management software.

4. Maximum data security: Security is high and to the maximum, because data stored in cloud server is fully encrypted. Authentication gateways and sophisticated firewalls further secure the data related to your tenants and rental properties.

5. Data backup & recovery: Minimize downtime possibilities for the possibility of data getting lost is greatly reduced due to secure data backup and recovery.

6. Faster payment by tenants: The best rental property software provides the feature for autopay so that your tenants can pay rent every month automatically. Thus, there is no chance of delayed rent payments.

7. Transparency in communication with tenants: Property owners and tenants can communicate in real-time about any changes in the rent amount, reason for the delayed rent, maintenance requirement, etc. directly through the online portal of rental property management software. You can easily share property pictures, lease invoice or billing slips to validate your statements.

8. Maintenance management: Rental management software allows you to keep track of the status of your property and check if any unnecessary modifications have been done in your property by any tenant. Also, when a tenant is moving out, you can ensure that your property is in good shape by communicating and sharing pictures through the rental software.

Rental Management Software Solution Cost
 

Rental Management System Software Price

Standard Starting Price ₹700.00
Advnced Starting Price ₹1500.00
Premium Starting Price Price On Request

 

FAQ iconRental Management Software FAQs

Vacation rental property management software is a tool of great utility for hotel owners, landlords, apartment managers, property owners and community housing developers. Some of the best vacation rental property management software are:

  • Yardi Voyager
  • LandlordTracks
  • Innago
  • Elina
  • Shiftsuite
  • Entrata Core
  • Propertyware
  • Simplifyem
  • Turbo Tenant

The software is used for putting advertisements for properties online aside from screening tenants and receiving online payments. The automatic listing and accounting capabilities make landlord management software an ideal choice amongst property owners and businesses. You can also use the software for lead generation, preparing rental agreements and managing contacts/teams.

Yes, several apartment management tools are available for handling your apartment complex business. Some of the best available apartment billing software are:

  • Buildium
  • eZee Absolute
  • TenantCloud
  • Mink
  • Rentec Direct
  • MRI software
  • Hemlane
  • PropertyZar
  • HOP

Rental property management software is a handy tool for property owners and managers to optimize and grow their real estate business. The list of crucial functions performed by rental property accounting software are:

  • Managing property listings
  • Free SMS updates for customers
  • Accounting tools
  • Invoice generation
  • Complaints tracker
  • Visitor management
  • Monitoring maintenance tasks
  • Access to fault-wise master details
  • Handling water, power, gym and other services
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