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Whether you track and collect rent:

  • Manually through Excel
  • OR you use accounting software like QuickBooks

One thing is for certain: there’s a better way.

Sure, Excel spreadsheets are pretty.

And QuickBooks is an amazing accounting software (albeit a little confusing and bloated sometimes).

But neither is purpose-built for property managers and landlords who need specific tools to track and collect rent each month with less hassle.

That’s where online rent payment systems, or property management software, come in.

With an online rent payment software, you can simplify the effort of tracking rent payments and automate rent collection itself.

And with an all-in-one property management solution like DoorLoop, you can get tenants to pay you automatically on the 1st of each month.

Imagine a life where rent is collected each month automatically, without the hassle of chasing it down.

With one of the tools we’ll show you below, you can make that a reality.

The 7 Best Online Rent Payment Systems

There are many great online rent systems out there that make managing rent payments easier– but these are the best of the best.

Here are 7 of the best online rent payment systems:

1. DoorLoop

DoorLoop rental property management software

DoorLoop is an all-in-one property management solution that offers a full suite of rent payment and collection features.

With DoorLoop, you’ll never have to scramble around collecting rent again. On the 1st of each month, rent payments will pour in automatically, just like that.

Plus, you get the bonus of the many great property management features DoorLoop offers as well, all to help you streamline and automate your business.

Features include:

  • Built-in CRM with tenant portal to collect rent each month automatically, screen tenants, complete applications online, and more.
  • A complete suite of accounting features, including multiple payment options, a full chart of accounts, bank reconciliations, and more.
  • Owner portal where you can print checks and issue reports
  • Accept credit card, debit card, & ACH (echeck) payments with RapidRent
  • And more

DoorLoop Pricing

DoorLoop’s online rent payment and property management system is 50% off until 2022. So, you can give it a try and see how it works for you with a 30-day money back guarantee.

After 2022, DoorLoop’s basic plan starts at just $49 per month, up to 20 units.

2. Avail

Avail

Avail is an online rent payment system with a user-friendly interface and easy navigation.

The tool offers a good range of features for managing units and collecting rent. However, users report that it’s hard getting started as there is a lack of good tutorials via their knowledge base, making the software difficult to navigate.

Features include:

  • Online rent collection
  • Tenant screening
  • Maintenance order management
  • Digital leasing
  • Automated listings

Avail pricing

Avail offers a 100% free plan to get started, with no charge on unlimited units. However, the plan is pretty limiting in terms of features. So, you’ll need to pay for their higher-tier plans to get many of their premium features.

Their Unlimited Plus Plan offers the rest of their feature set for $5 per unit, per month.

3. Buildium

buildium

Buildium is one of several decent all-around options on the list for managing your properties and collecting rent more effectively.

With Buildium, you’ll get a good set of features (listed below), though it’s one of the priciest options on this list, even considering its features unless you have 50+ units.

Features include:

  • Online rent payments
  • Payment and expense tracking
  • Decent reporting features
  • Lots of integrations with sites like Zillow and Apartments.com

Buildium pricing

Buildium comes with a 14-day free trial to try out the software.

Their Essential plan starts at $50 per month up to 20 units, all the way up to $235 per month up to 150 units.

The higher-tier Growth plan comes in at $160 per month, or up to $250 for 150 units, and the Premium plan at $460 per month.

Make sure to also read our full review of Buildium.

4. Appfolio

Appfolio

Appfolio is another solid all-around option, with a good combination of residential and commercial property management features.

Users report that the UI is easy to use and their feature set fairly robust, but it’s one of the most expensive systems on this list, depending on how many units you have.

Features include:

  • Accounting features such as smart bill entry and automated late fees
  • Automated and online rent payments
  • Good reporting features
  • Security deposit account holding

Appfolio pricing

Appfolio has a $400 onboarding fee to get started. In addition to the onboarding fee, Appfolio’s starter plan comes in at $0.80 to $1.50 per unit, per month, depending on the type of property. The price per unit is reasonable; however, they also have a $250 monthly minimum, making this a good deal only if you have 150+ units.

5. TenantCloud

TenantCloud

TenantCloud is a unique entry in that, like Avail, it offers a 100% free plan of up to 75 units.

However, similar to Avail, its feature set is limited via the free plan, so while it’s a good place to get started, you’ll likely want to quickly move up to the paid tier.

Features include:

  • Online rent payments
  • Vendor payments
  • Maintenance order management
  • Insurance reminders

TenantCloud pricing

TenantCloud offers a 100% free version of up to 75 units. However, to get more of TenantCloud’s features, you’ll need to upgrade to the Standard paid tier for $12 per month covering up to 150 units or their Growth plan for their full feature set at $40 per month (both when paid annually).

6. Rentec Direct

Rentec Direct

Rentec Direct is a similar entry to the likes of Buildium, with a robust set of features with a somewhat less intuitive UI and per unit, per month pricing model.

While Rentec’s feature list is one of the most impressive, users report that navigating the software can be a bit of a pain due to its somewhat clunky and dated UI.

Features include:

  • Great accounting features such as online rent payments, multiple payment methods, and robust reporting features
  • Owner portal
  • Maintenance management tools
  • Tenant screening
  • Tenant communications via SMS and email

Rentec Direct pricing

Rentec Direct’s pricing starts at $35 per month for up to 10 units. Additional units increase the monthly amount based on tiers:

  • 50 units = $55 / Month
  • 100 units = $90 / Month
  • 250 units = $215 / Month
  • 500 units = $450 / Month

7. Yardi Breeze

Yardi Breeze

Yardi Breeze is another well-known rental property management solution that offers a good diversity of features.

Users tout the software’s design as intuitive and easy to use while customer service is great.

However, users report that the tool is littered with minor necessary improvements that are slow to be fixed, sometimes making for an inconvenient experience with the software.

Features include:

  • Automated and online rent payments
  • Accounting features including reports and budget-tracking
  • Owner portal
  • Maintenance order management

Yardi Breeze pricing

Yardi Breeze offers a pretty straightforward per unit, per month pricing model, but with a minimum added in.

Their basic plan is $1 per unit per month with a $100 minimum (meaning if you have less than 100 units, you’ll be paying $100 minimum per month).

Their higher-tier plan moves up to $2 per unit per month with a $400 monthly minimum.

Collect more rent in less time

Few things are more strenuous for landlords than having to chase down rent at the beginning of every month.

With all of these online rent payment systems, that becomes a thing of the past– literally.

No matter which you choose, we hope this list helps you find a tool that streamlines and automates your property management efforts each month, giving you more time for what really matters.

And if you’re not sure where to start, try DoorLoop 50% off until 2022 (and just $49 for your first 20 properties beginning January 1st, 2022).

You’ll not only get all the excellent rent tracking and collecting features we’ve been mentioning, but:

  • A built-in CRM with tenant portal
  • Maintenance order management system
  • Tenant screening and online applications
  • Collect rent by credit card & ACH (eCheck) with RapidRent
  • And more

Try DoorLoop’s rent collection features today, free.

David Bitton

David is the co-founder & CMO of DoorLoop, a best-selling author, legal CLE speaker, and real estate investor. When he's not hanging with his two children, he's writing articles here!