The 7 Best Online Rent Payment Systems (for 2023)

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Written By Muhammad Usman

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If you’re managing rental income, you have two options for rent tracking:

  • manual Excel spreadsheets or automated accounting software such as QuickBooks.
  • Both methods have their pros and cons, but using the right system can make a significant difference in your rental business’s financial management and growth.

Revolutionize Your Property Management with a Tailor-Made Solution for Rent Tracking and Collection

Are you tired of struggling with Excel spreadsheets or QuickBooks to manage your property business? While these tools may look appealing, they lack the essential features necessary for efficient rent collection and property management. At last, there’s a better way! Our purpose-built solution is designed to cater specifically to the needs of property managers and landlords, offering a complete range of tools to simplify your daily operations. Say goodbye to the hassle of rent collection and embrace effortless management with our innovative solution that enables you to track and collect rent with minimal effort and maximum accuracy.

Revolutionize Your Property Management with Advanced Online Rent Payment Systems and Software

Managing rent collection and tracking rent payments can be a cumbersome task for landlords and property managers. However, with the latest online rent payment software, you can streamline the process and automate rent collection, making your job easier.

Imagine having an all-in-one property management solution like DoorLoop that allows you to set up automatic rent payments from your tenants, enabling you to receive rent payments effortlessly and accurately each month. Say goodbye to manual rent tracking and embrace the simplicity of cutting-edge property management software to transform your business operations.

Simplify Your Rent Collection Process and Enjoy a Hassle-Free Life with Automated Rent Payments

As a landlord or property manager, chasing down rent payments every month can be a daunting task, and it’s easy to get frustrated. Fortunately, the latest technology tools can make your life easier by automating the rent collection process. With our cutting-edge solution, you can enjoy the convenience of automatic rent payments without any hassle. Say goodbye to the headache of manual rent collection and say hello to a simplified life. With our tool, you can streamline your rental property business, save time and energy, and focus on what matters most – growing your business.

The 7 Best Online Rent Payment Systems

rent collection online

Discover the Top 7 Online Rent Payment Systems for Effortless Rent Management

Managing rent payments can be a tedious task, but with the right online rent payment system, you can streamline the process and make it hassle-free. While there are numerous options available in the market, we’ve handpicked the best of the best to help you simplify rent collection and tracking. With these top 7 online rent payment systems, you can rest assured that your rental property business is in good hands. Say goodbye to manual rent collection and embrace the convenience of advanced online rent payment systems that help you manage your rental properties with ease.

1. DoorLoop

Simplify Your Rent Collection Process and Enhance Your Property Management with DoorLoop’s Advanced Rent Payment and Collection Suite

Are you tired of scrambling around to collect rent payments every month? Look no further than DoorLoop, the ultimate all-in-one property management solution that offers a comprehensive suite of advanced rent payment and collection features. With DoorLoop, you can effortlessly automate rent collection, saving you time and energy. Imagine having rent payments pour in automatically on the 1st of each month, without any stress or hassle. Say goodbye to the struggle of manual rent collection and embrace the simplicity of DoorLoop’s innovative technology, designed to help you manage your rental properties with ease and precision.

Unlock the power of efficient property management with DoorLoop’s exceptional features that simplify and automate your business operations. Experience the added advantage of numerous property management benefits, enhancing your workflow and boosting productivity.

DoorLoop Pricing

Discover DoorLoop’s highly affordable online rent payment and property management system, starting at an unbeatable price of $59 per month. Streamline your property management tasks and simplify your payment process with DoorLoop’s user-friendly and budget-friendly solutions.

2. Avail

Revolutionize your rent payment process with Avail – the ultimate online tool with a seamless and intuitive interface, making rent collection a breeze. With a comprehensive set of features for managing units and payments, Avail offers a hassle-free experience. Although, some users report facing initial hurdles due to a lack of adequate tutorials in their knowledge base, which can make the software challenging to navigate. But once you get the hang of it, Avail proves to be an efficient property management solution.

Features include:

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

Avail pricing

Experience the convenience of Avail’s 100% free plan that lets you get started without any charges, and supports unlimited units. However, to unlock the full potential of their premium features, you may want to upgrade to their higher-tier plans.

The Unlimited Plus Plan offers an extensive range of features at just $5 per unit, per month. So, take your property management game to the next level with Avail’s cost-effective and comprehensive plans.

3. Buildium

Manage your properties and streamline rent collection with Buildium – a top-tier, all-in-one property management solution that offers a diverse range of features to meet your needs.

Despite being one of the pricier options, Buildium boasts a feature-rich platform (listed below) that justifies its price point, particularly if you manage 50+ units. So, if you’re looking for a comprehensive and reliable property management tool, Buildium is a great option that won’t disappoint.

Features include:

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

Buildium pricing

Get a chance to explore the full potential of Buildium with a 14-day free trial that lets you experience their software before committing to a plan.

Choose from their Essential plan, starting at just $50 per month for up to 20 units, and scaling up to $235 per month for 150 units. Alternatively, their Growth plan offers advanced features at $160 per month or $250 per month for up to 150 units, while their Premium plan provides premium capabilities at $460 per month. Don’t forget to read our comprehensive review of Buildium to learn more about this exceptional property management solution.

4. Appfolio

Appfolio offers an excellent blend of residential and commercial features to meet all your needs. With a user-friendly interface and a broad range of features, Appfolio proves to be an excellent choice. However, it’s also one of the most expensive options on the list, and the pricing varies depending on the number of units you manage. But the robust feature set and ease of use make it a worthwhile investment for your property management needs.

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

Get started with Appfolio with ease by paying a one-time onboarding fee of $400. While their starter plan comes at a reasonable price of $0.80 to $1.50 per unit, per month (depending on the type of property), it’s important to note that there’s also a monthly minimum fee of $250. So, to make the most of this plan, you’ll need to have at least 150 units. Nevertheless, Appfolio’s pricing structure provides excellent value for money, making it an ideal property management solution for large-scale property managers.

5. TenantCloud

Discover the unique and innovative features of TenantCloud – a property management tool that’s similar to Avail, offering a 100% free plan that accommodates up to 75 units.

While the free plan is an excellent starting point, it comes with a limited feature set. To leverage TenantCloud’s full range of capabilities, it’s advisable to upgrade to their paid tier for more advanced features. Nevertheless, TenantCloud’s free plan provides an excellent opportunity for landlords to get a feel for the platform before committing to a paid plan.

Features include:

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

TenantCloud pricing

Unlock TenantCloud’s full potential by upgrading to their paid plans, starting at just $12 per month for the Standard plan. With this plan, you can manage up to 150 units with a robust feature set that surpasses their free version. Alternatively, their Growth plan offers their complete set of features at just $40 per month (paid annually). While their free plan is an excellent starting point, upgrading to their paid plans provides more advanced features and better value for property managers looking to streamline their processes.

6. Rentec Direct

Discover Rentec Direct, a comprehensive property management software similar to Buildium, with an impressive set of features. However, unlike some of its competitors, Rentec Direct utilizes a per-unit, per-month pricing model and has a slightly less intuitive UI.

Despite its feature-rich platform, some users report that navigating the software can be a challenge due to its dated and clunky user interface. Nevertheless, Rentec Direct remains a solid option for property managers looking for a powerful tool to streamline their processes and improve their bottom line.

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

Get started with Rentec Direct for as low as $35 per month, catering to 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 is a popular rental property management software, that provides a diverse range of features that cater to the industry’s unique needs.

Its user-friendly interface and intuitive design have received widespread praise, with excellent customer service further adding to its appeal. Nonetheless, users have reported minor glitches in the software, which can be slow to get resolved. Despite these hiccups, Yardi Breeze remains a top contender for property managers looking for an all-in-one solution to streamline their operations.

Features include:

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

Yardi Breeze pricing

With Yardi Breeze, you get an easy-to-understand pricing model that charges per unit, per month. The basic plan starts at just $1 per unit per month, but with a $100 minimum. This means that if you have fewer than 100 units, you’ll still pay a flat rate of $100 each month.

For property managers with larger portfolios, the higher-tier plan charges $2 per unit per month, with a $400 monthly minimum. Yardi Breeze’s flexible pricing structure ensures that you only pay for what you need, making it an affordable option for property managers of all sizes.

Collect more rent in less time

online rental payment services

Say goodbye to the hassle of tracking down rent payments at the start of every month with the help of online rent payment systems. This revolutionary technology eliminates the need for manual rent collection and streamlines property management efforts. Whether you opt for Rentec Direct, Yardi Breeze, or another software, our comprehensive list ensures you’ll find the perfect tool to automate your monthly rent collection process.

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

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

Experience DoorLoop’s rent collection features, and schedule a free demo today.

 

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