The Best Accounting Software for Rental Properties in 2025

Managing rental property finances requires more than just basic bookkeeping, especially as your portfolio grows. The best accounting software for rental properties in 2025 combines powerful financial tools with features built specifically for landlords and property managers. In this guide, we’ll highlight the top solutions to help you streamline your accounting, save time, and stay organized all year long.

But first, let’s start with a quick definition.

What is Rental Property Accounting Software?

Rental property accounting software is a specialized tool designed to help landlords and property managers handle the financial side of managing rental properties. Unlike basic spreadsheets, these platforms offer built-in features to track income and expenses, automate rent payments, generate financial reports, and streamline day-to-day accounting tasks.

Here's what modern property accounting software offers:

• Tenant portals allow tenants to communicate directly with you on maintenance requests and perform other tasks.
• Work order management enable you to track, edit, and complete orders and pay vendors all from within the software itself.
• Customizable lease forms and improved documentation help streamline processes.
• Marketing tools, websites, and resident screening make the entire process of getting new quality tenants easier.
• Tenant and property databases allow you to keep each entity separate (a common workaround necessary in QuickBooks).
• Automated rent payments make collection payments easy.
• Accounting features like multiple bank accounts and a chart of accounts keep things like rent payments and deposits separate and organized.

Now that we’ve covered the basics, let’s dive into a breakdown of the top rental property accounting software options available.

Disclaimer: This post highlights certain features on each platform. This does not mean the other platforms do not have those features. Please do your own research before making any decisions.

10 Best Rental Property Accounting Software Tools

There are a lot of different types of rental property management software out there, in addition to standard all-encompassing property management software.

That's why, when you choose the right property management software for your business, look for a solution that specializes in rental property management and accounting.

• Best overall rental property accounting software: DoorLoop
• Best for customizable accounting features: Propertyware
• Best for customizable settings: Rent Manager
• Best for small portfolios (10 or fewer units): Hemlane
• Best for cash reconciliation: Rentroom
• Best for mid-sized businesses: SimplifyEm
• Best affordable accounting software: TenantCloud
• Best for multi-user access: Rentec Direct
• Best for larger portfolios (50+ units): Buildium
• Best for integrations: Rentmoji

Now let's review each in-depth.

1. Best Overall Rental Property Accounting Software: DoorLoop

⭐⭐⭐⭐⭐ 4.8 (693 reviews)

DoorLoop is the best accounting software, dedicated, full-service rental property management software tool that offers everything you need to streamline and optimize your rental property management or investing business.

Made to be highly intuitive and easy to use, DoorLoop includes a full suite of features designed by property managers for property managers.

• ‍Pros: Extensive features and easy-to-use software. ‍
• Cons: No free trial.

Features

• Everything you need for your property accounting, including custom reports and a variety of payment methods like ACH and credit cards
• Remote work order management that lets you handle maintenance requests, assign vendors to a job, edit a work order, and communicate directly with tenants from within the software
• Built-in CRM and tenant portal that allow you to collect rent, offer renters' insurance, and accept applications
• Owner portal that gives access to reports and even allows you to print checks
• Marketing features that allow you to list properties and even do tenant screening within the software

Save yourself time and hassle by centralizing your processes with easy documentation, automation, work order management, and robust accounting features.

DoorLoop Pricing

DoorLoop’s full-service rental property accounting software has no training or support fees whatsoever. Pricing starts as low as $69/month for your first 20 units.

2. Best for Customizable Accounting Features: Propertyware

⭐⭐⭐⭐☆ 3.9 (318 reviews)

Propertyware is a complete property management software with powerful accounting features like custom reporting, custom field options, and automatic payment reminders.

It offers some of the most detailed and comprehensive reporting features on this list, too.

• ‍Pros: Great accounting features that you can customize. ‍
• Cons: Pricing follows a per-unit model with a monthly minimum.

Features

• Good accounting, including custom reporting
• Work order management
• Email communication options for both tenants and owners
• Owner portal and reports

Propertyware Pricing

Propertyware’s pricing model is a bit different. Instead of a per-unit pricing model or flat fee, the company uses a per-unit model with a monthly minimum.

Their basic plan starts at $1 per unit with a $250 minimum.

Propertyware also has a one-time onboarding fee, equal to 2x your monthly price. So, if you’re on the $250/month minimum plan, you’d pay $500 one time for onboarding.

3. Best for Customizable Settings: Rent Manager

⭐⭐⭐⭐½  4.6 (498 reviews)

Rent Manager is a dedicated rental property management software with a robust set of features. It has good accessibility, cloud-based desktop and mobile app versions, and great customization settings.

The software's feature set makes it a good fit for beginners and more advanced users alike.

• ‍Pros: Great for customization and robust features. ‍
• Cons: Pricing is not listed publicly.

Features

• Custom reporting
• Automated rent payments
• Custom training and data migration
• Automatic bank reconciliation
• A large number of integrations

Rent Manager Pricing

Rent Manager offers pricing options for each version of its software, including a cloud-based and desktop version based on per-unit pricing.

However, the company doesn't list its pricing publicly, so you’ll need to contact Rent Manager to get more information.

4. Best for Small Portfolios (10 or fewer units): Hemlane

⭐⭐⭐⭐⭐ 4.8 (192 reviews)

Hemlane is designed for rental property management and offers unique features, such as being able to match you with local agents. If you’re uniquely concerned with placement, Hemlane is worth considering for its leasing tools.

• ‍Pros: Leasing tools like local agent matching. ‍
• Cons: Units are charged additionally after the first.

Features

• Good leasing tools, such as tenant screening
• Other useful local support features
• Work order management
• Online rent payments

Hemlane Pricing

Hemlane’s Basic plan starts at $30 per month with $2 per unit additional after the first. That means if you manage even 20 units, Hemlane will be $70 per month.

The premium-tier Complete plan starts at $60 per month but costs $32 per property after the first.

Hemlane’s enterprise pricing model comes partly due to its unique on-location support features, which other rental property software solutions don’t offer.

5. Best for Cash Reconciliation: Rentroom

⭐⭐⭐⭐½  4.6 (28 reviews)

Rentroom is a complete property management tool geared toward rental properties. The software is easy to use and has a convenient cash reconciliation function and other unique community features.

• ‍Pros: Has a great cash reconciliation feature, good community features, and a free 1 month trial.‍
• Cons: Max plan starts at $249.99 per month.

Features

• Work order management, including tenant maintenance requests from right within the software
• Online rent collection, including reminders
• Tenant portal
• Basic accounting features like cash reconciliation (but limited reporting)

Rentroom Pricing

Rentroom starts at $49.99 per month for up to 15 tenants. If you have more tenants or need more features, you'll have to upgrade to its basic that start at $74.99 per month.

6. Best for Mid-Sized Businesses: SimplifyEm

⭐⭐⭐⭐☆ 4.0 (131 reviews)

SimplifyEm is a property management software geared toward small- to mid-sized businesses. Its communication and reminders features are particularly lauded as making the process of creating invoices and collecting and tracking payments easier.

Like most of the tools on this list, it also integrates with dedicated accounting software like QuickBooks for more functionality.

• ‍Pros: Great for rent reminders and tenant communication. ‍
• Cons: Pricing model is based on the number of units you have.

Features

• Scheduling and reminders
• Lease tracking
• Work order and vendor management
• Document tracking
• Community features like group email reminders and alerts

SimplifyEm Pricing

SimplifyEm’s pricing model is based on the number of units you have. Its lowest plan begins at $35 per month for up to 10 units and then $110 for up to 100 units per month. This increases all the way up to $2,010 per month for 2,000 units.

7. Best Affordable Accounting Software: TenantCloud

⭐⭐⭐⭐☆ 4.3 (403 reviews)

TenantCloud is one of the most affordable tools on this list.

TenantCloud's features improve as you move to premium plans.

• ‍Pros: Super affordable for those starting out. ‍
• Cons: Limited payment choices.

Features

• Reporting
• Work order management
• Online rent payments
• Insurance reminders
• Vendor payments

TenantCloud Pricing

TenantCloud's lowest-level paid tier costs $15 per month for basic features. Its Growth plan costs $40 per month.

8. Best for Multi-User Access: Rentec Direct

⭐⭐⭐⭐½  4.6 (189 reviews)

Rentec Direct is a long-time player with all-around solid features, a mobile app, and multi-user access.

There could be situations where multiple people are involved with and need to look at accounting. Rentec Direct allows for multiple users and has a robust feature list.

• ‍Pros: Great features with a mobile app. ‍
• Cons: Interface is dated.

Features

• Mobile app
• Work order management with tenant maintenance requests and vendor payments
• Tenant screening and lead tracking
• Built-in tenant communication, including SMS text and email
• Robust reporting

Rentec Direct Pricing

Rentec Direct has competitive pricing, with its basic Rentec PRO plan starting at $45 per month, and covers 10 units.

For 50 units it costs just $65 per month, and 500 units cost $550 per month.

In addition to its basic pricing tier, Rentec Direct offers a tenant screening add-on for between $7 per month with its Basic Screening Package and $15 for the Premium Screening Package.

9. Best for Larger Portfolios (50+ units): Buildium

⭐⭐⭐⭐½  4.5 (2,122 reviews)

Buildium has a good balance of features, ease of use, and affordable pricing, making it an all-around pick. The company also has great training and online support.

• ‍Pros: Great features and training.‍
• Cons: Does not seem to have a QuickBooks integration.

Features

• Online rent payments
• Custom reporting tools
• Automated monthly bank reconciliation
• A large number of integrations, such as Zillow and Apartments.com

Buildium Pricing

Please visit Buildium’s website to see their latest prices and packages as the information below may have changed.

10. Best for Integrations: Rentmoji

⭐⭐⭐⭐⭐ 4.9 (11 reviews)

Rentmoji is a cloud-based rental property management solution geared toward small- and mid-sized businesses.

It's known for having a sleek interface that’s easy to use, a great mobile app, and a large number of integrations.

Users report lacking the ability to customize key features, but they say Rentmoji's customer service is great.

• ‍Pros: Has a sleek interface that’s user friendly.‍
• Cons: Pricing is not listed publicly.

Features

• Mobile app that allows you to track maintenance requests and rent payments and tenants to pay their rent
• Automated rent payments
• Work order management and vendor portal that allows users to track maintenance tasks
• A large number of integrations

Rentmoji Pricing

Rentmoji’s pricing isn’t public, so you’ll need to schedule a demo to get more information and see if it’s a fit.

Wrapping Up

Whether you need robust accounting features built with property managers and owners in mind or you're looking for a full suite of tools to optimize your entire operation, our very own DoorLoop has your back.

Let DoorLoop help streamline your operation by bringing everything together into one easy-to-use platform. Learn more by scheduling a free demo.