Not all property management programs– or property management software– are created equal.
Some have a great, expansive list of features.
Some have just a few features that only allow you to do a couple of key things (and maybe barely even that).
And some property management software has great usability, fast load times, and makes it easy to find everything.
Others… not so much.
Finally, don’t get us started on customer service, something we at DoorLoop pride ourselves on.
All this can make it hard to find a great property management software option that lives up to your expectations.
Fortunately, we sifted through the many options out there to find you the best of the best.
Some of the options below are designed for one property type or one size of portfolio.
So, no matter what you’re looking for, there’s something for you.
Before we dive into the list, though, let’s talk about what you can expect from property management software, in case it’s your first time investing in it.
If you’re not new to property management software and you just want to see get to the list, however, feel free to skip ahead using the table of contents.
What does property management software do?
If you’re new to using property management software, it can be a little surprising– even overwhelming– when you find out just how much it can handle.
It’s no overstatement to say that it can transform your ability to manage your properties on a day-to-day basis altogether.
So, what can property management software do?
Here’s a list of the most common features you can expect:
- Rent collection: Tools that make collecting rent easier, such as multiple payment methods, payment dashboards, automatic rent payments, payment reminders, and more.
- Accounting features: This is one of the widest groups of features, and can include things such as bank account syncing, bank reconciliations, a chart of accounts, and more.
- Leasing tools: This typically includes features such as tenant screening, digital leasing tools for collecting applicant information online, and more.
- Marketing: This can include a variety of features such as a professional IDX-based website.
- Maintenance management: This includes tools for accepting maintenance requests, creating work orders, assigning them to vendors, paying bills, and more.
- Tenant portal and communications features: A tenant portal gives your tenants one central place where they can handle all their responsibilities, including paying rent, other fees, and submitting and communicating on maintenance orders.
- Owner portal: This is typically a dashboard where you can do things such as print checks for your owners and run important reports relevant to them.
Keep in mind that not every software has all of these features.
Some software offer a simple free plan but only offer a few features. Some offer a more expansive set of features intended to help you streamline every area of your property management.
With that said, this is a good time to jump into that list of top property management software options.
From this, you’ll not only learn more about what to expect from different software options, but you might even find something that calls to you as the perfect option for you.
7 Top Property Management Programs of 2022
Below are seven of our top property management software options for 2022.
Each has a unique place on this list, with some being more expansive and well-rounded than others, while some are great for their specific niche.
Here are our seven top property management programs of 2022:
DoorLoop has carved a place among top software review sites for the best-in-class position as an all-in-one property management solution– and only continues to get better.
Why use DoorLoop over another property management software?
- It’s a complete all-in-one property management solution with a robust set of features
- Responsive customer support
- Lightning-fast load times
- Incredibly easy to use and navigate
- And above all affordable
Not only are you able to streamline every aspect of your property management, but you get it in a streamlined package that’s easy to use and get started with.
Plus, customer service offers the ability to speak to real, live human beings (unbelievable, I know), so you can rest assured that no matter what you can get help with any potential issues setting up.
- Easy rent collection tools
- Full accounting suite from bank account syncing to robust reporting
- Tenant portal that improves rent collection and communication
- Owner portal that makes handling owner tasks easier than ever
- eLeasing features such as tenant screening
- Marketing tools such as automatic listings
- Communication tools that can streamline all tenant and vendor communications
- Maintenance management tools
- And more
DoorLoop’s Starter plan comes in at only $49 per month for up to 20 units.
LeaseHawk is a unique option that made the list for its useful automation tools.
The negative is that it doesn’t have several of the fundamental property management features you’d expect from property management software, so you might still find yourself wanting those vital features.
The positive is that the automation tools you get with LeaseHawk are powerful and allow you to automate several notable tasks such as a chatbot that can automatically collect guest information during a showing and follow up on your behalf.
- Automated follow-ups
- AI chatbot for multiple communication tasks
- Good leasing and tenant onboarding tools
LeaseHawk doesn’t list their pricing on their website, so you’ll need to contact them to find out more about their pricing model.
Propertyware is notable for being a good single-family property management software, especially if you’re mostly looking for a good property accounting tool.
The only drawback is that it's designed for larger portfolios with 250+ properties. If you have any less than that, you’ll be paying far more for the same service.
- Automatic rent payments
- Good reporting tools
- Owner portal
- Maintenance management
Propertyware uses a basic per unit, per month pricing model at $1 per unit, per month. However, they have a $250 monthly minimum, which means if you have any less than 250 units you’ll be paying more for the same service.
4. MRI Living
MRI Living is designed for residential property of all kinds and has one of the more expansive feature sets of the options on this list.
If getting more powerful features to streamline your property management business is your focus, this is a good option. The main drawback with MRI Living, users report, is that the UI is clunky and hard to navigate.
- Online rent payments
- Maintenance management
- Good communication features for following up with prospects and communicating with tenants
- eLeasing tools
MRI uses an enterprise pricing model, so you can’t find their pricing online. You’ll need to get in touch with one of their salespeople to find out more.
5. Condo Control
Condo Control makes the list due to it being a good option for multi-family properties and HOA communities.
It has unique features designed for communities such as calendar management and concierge services, though you’ll be missing some of the more general property management-relevant features as a trade-off.
- Calendar management
- Bulletin board
- Concierge features
- Online rent payments
Condo Control pricing
Condo Control lists several pricing tiers on its website, but doesn’t list exact pricing amounts, something you’ll need to contact their sales team to find out more about.
6. Yardi Breeze
Yardi Breeze makes the list as a good option for smaller portfolios.
It’s better than many simpler options that come with significantly fewer features, though its feature list still generally comes up short compared to other more robust all-in-one solutions.
With that said, it’s a good option for starting out, especially if you don’t want to give up too much in terms of features.
- QuickBooks Online integration
- Tenant communication features
- Owner portal
Yardi Breeze pricing
Yardi Breeze charges $1 per unit, per month. However, similar to Propertyware, they also have a $100 monthly minimum.
It’s lower than Propertyware’s minimum which is worth nothing. However, for the features you’re getting, you’ll still be paying far more than you would be with other comparable options.
7. RealPage Commercial
RealPage Commercial is a great option if you’re looking for a good commercial property solution.
It has a large set of features, including some powerful commercial-specific features such as an eLease administration feature. However, it’s really only designed for commercial property, so it’s not the best option if you have a mixed portfolio.
- Leasing automation
- Robust reporting
- Tenant portal
RealPage Commercial pricing
RealPage Commercial uses a per square foot, per month pricing model often seen in commercial property management software. Their Office & Retail Assets plan starts at $10 per month per 10,000 square feet.
What can property management software do for you?
Earlier, we touched on the fact that not every property management software is created equal.
Some have better sets of features, better user interfaces and general usability, and better overall support and resources for getting started with the software itself.
But perhaps an even better question when considering what property management software to choose is: what can it do for you?
DoorLoop, for example, offers an all-in-one property management suite that can streamline and optimize every area of your property management.
- It can make property accounting easier, given that it’s designed for it, as opposed to something like QuickBooks
- It can streamline all communications
- Simplify maintenance
- Make the entire application process and onboarding of new tenants easier than ever
- And more
That’s a lot of time and money saved– not to mention hassle avoided.
But you don’t have to believe us. Instead, try it out for yourself and see what it does for you.
Whatever you decide, we hope this guide helped you get closer to simplifying and optimizing your property management efforts.