10 Best Real Estate Property Management Software for 2025

Managing rental properties, whether it’s a single-family home or a large portfolio of commercial units, can quickly become overwhelming. From rent payments and maintenance requests to tenant communication and lease management, there’s a lot to juggle. That’s why many real estate investors and property managers turn to the best real estate development software to automate, organize, and scale their operations.

To help you make the right decision, we’ve rounded up the 10 best property management software solutions for 2025. Each one offers a unique mix of features, price points, and ideal use cases. Below, you’ll find a detailed breakdown of who each platform is best suited for, what it offers, and the pros and cons of using it.

1. ElevateSolutions

ElevateSolutions earns the top spot on our list for 2025 due to its modern, all-in-one approach to property management. Whether you’re overseeing single-family rentals, student housing, commercial properties, or mixed-use developments, ElevateSolutions helps property managers streamline operations, improve cash flow, and reduce time spent on administrative tasks.

Why we chose this property management software

What makes ElevateSolutions stand out is its commitment to combining power with simplicity. The platform offers an intuitive interface backed by enterprise-grade tools. From real-time maintenance tracking and bank account integrations to lease management and tenant portals, ElevateSolutions is designed to give property managers full visibility and control over their portfolio.

The software is cloud-based and accessible via desktop or mobile app, making it easy to manage day-to-day operations on the go. It also includes an open API for integrations, detailed financial reporting, and tools to support everything from late fees automation to screening tenants.

Who it works best for

ElevateSolutions is built to serve a wide range of property types and portfolio sizes. It’s ideal for:

• Property management companies handling 50 to 5,000+ units

• Real estate investors looking for investment management and asset management tools

• Leasing agents managing rental listings and tenant communication

• Owners of student housing, self storage, commercial properties, and affordable housing units

Whether you’re a solo landlord or a large-scale manager, ElevateSolutions adapts to your portfolio and helps streamline operations while supporting growth.

Key features

• Real-time maintenance requests and Work Order Management

• Online rent collection with automated late fee tracking

• Credit card, debit card, and ACH payment options

• Tenant screening and background checks

• Custom lease management workflows

• Cloud-based software accessible via mobile devices

• Owner and tenant portals with online communication tools

• Financial reports including cash flow, Balance Sheets, and profit/loss

• Energy management tools for sustainability-focused portfolios

• Online rental applications, document management, and automated approvals

• Open API for integration with accounting platforms and listing services

• Free plan and transparent pricing options available

Pros and cons

Pros:

• User-friendly interface with minimal learning curve

• Scalable solution for any property type

• Real-time dashboards and reporting

• Strong customer service and live chat support

• Free plan available for small portfolios

• All-in-one platform that eliminates the need for multiple software subscriptions

Cons:

• Some advanced tools (e.g., energy management) may require onboarding assistance

• Not all property managers will use every feature available, especially for smaller portfolios

2. Buildium

Buildium is a popular, cloud-based real estate property management software designed to help property managers handle the full scope of day-to-day operations. From rent payments and maintenance requests to tenant communication and financial reporting, Buildium offers a dependable all-in-one platform. Its support for community associations and residential portfolios makes it especially versatile for growing management businesses.

Who it works best for

Property managers handling residential properties, student housing, or affordable housing units. It's also ideal for community associations (HOAs/COAs) and mid-sized property management companies seeking long-term scalability.

Key features

• Online rent collection via credit card, debit card, or bank account

• Maintenance management tools and vendor coordination

• Customizable lease management workflows

• Financial reports including Balance Sheet and cash flow

• Portals for tenants, property owners, and leasing agents

• Built-in website for rental listings and applications

Pros

• Tiered pricing based on portfolio size

• Strong customer experience tools

• Self-guided training through Buildium Academy

• Reliable document management features

Cons

• Ticket-based customer service can delay responses

• May be too feature-rich for landlords with fewer than 10 units

• Extra fees for some advanced features and onboarding

3. AppFolio

AppFolio is a powerful, cloud-based property management solution built for larger portfolios and real estate teams that prioritize automation and advanced reporting. With a sleek interface, mobile app functionality, and robust tools for everything from maintenance tracking to lease management, it’s a strong contender for property managers handling complex operations across residential and commercial properties.

Who it works best for

Mid to large-sized property management companies overseeing multifamily units, commercial properties, or student housing. Best for those managing at least 50 units and looking to scale.

Key features

• Automated rent payments and late fee tracking

• Online lease management and digital signatures

• Work Order Management and real-time maintenance requests

• AI-powered vacancy and listing tools

• Integrated tenant communication and mobile app

• Portfolio performance dashboards with custom financial reporting

Pros

• Intuitive interface with real-time updates

• Supports mixed-use and high-volume portfolios

• Advanced analytics and automation features

• Custom pricing tiers for large operations

Cons

• Minimum unit requirement (50+) limits use for smaller portfolios

• Higher monthly fees compared to similar platforms

• Some users report slow customer service turnaround

4. TurboTenant

TurboTenant is a freemium property management platform that offers essential tools for landlords and property managers at no cost. From rental applications and tenant screening to online rent collection and listings, it’s designed to help smaller-scale property owners manage their rentals without a steep learning curve or price tag.

Who it works best for

Independent landlords and small property managers overseeing single-family homes, duplexes, or student housing, especially those managing fewer than 100 units or working with limited budgets.

Key features

• Free rental advertising across major listing platforms

• Online rental applications and tenant screening via TransUnion®

• Online rent collection with optional credit card or bank transfer

• Lease document templates and e-signatures

• Built-in tenant communication tools

• Expense tracking and financial summaries

Pros

• Free to use with unlimited properties

• Easy to set up and learn

• Great option for beginners or side-hustle landlords

• Optional premium tools for scaling

Cons

• Maintenance management features are limited

• Tenants pay application and payment processing fees

• Lacks in-depth financial reporting or customization

5. Propertyware

Propertyware is a purpose-built platform tailored specifically for managing large portfolios of single-family rentals. It offers deep customization options, robust maintenance management, and streamlined communication tools, making it a strong solution for scaling operations without the complexity of commercial property features.

Who it works best for

Property managers or companies specializing in single-family homes, especially those managing 250+ units who need customizable workflows and automation without unnecessary features.

Key features

• Customizable lease management workflows

• Online rent payments and automated late fees

• Maintenance tracking and vendor portals

• Owner, tenant, and leasing agent communication portals

• Integrated financial reports and bank reconciliation tools

• Marketing and lead tracking for property listings

Pros

• Built for large single-family portfolios

• Multiple pricing tiers to match feature needs

• Streamlined interface and strong day-to-day operations support

Cons

• High monthly fee minimum limits usability for smaller landlords

• Limited third-party integrations

• Implementation fees double the monthly cost

6. Revela

Revela offers a flexible, cloud-based platform for property managers looking to automate routine operations and scale efficiently. Beyond standard features like rent collection and maintenance tracking, Revela stands out for its consultative services, including custom app and website development and hands-on support for investment management and operational growth.

Who it works best for

Real estate professionals managing diverse portfolios, especially those overseeing student housing, affordable housing, or mixed-use properties with specific needs. It's particularly strong for investors who want both technology and strategic support.

Key features

• Automated rent and expense tracking

• Customizable reporting tools and owner statements

• Real-time financial reporting and rent rolls

• Built-in portals for tenants and property owners

• Access to website/app development for branding

• Dedicated customer experience and tech support team

Pros

• Tailored solutions for unique property types

• Strategic business consulting available

• Strong tools for data-driven decisions

• Combines tech with personalized support

Cons

• No free trial

• Custom pricing requires direct consultation

• May be more than needed for smaller portfolios

7. SimplifyEm

SimplifyEm was created by real estate professionals to serve the needs of landlords and small- to mid-sized property management businesses. It focuses on simplifying back-office tasks while offering essential features such as rent tracking, lease management, and financial reporting, all in a lightweight, user-friendly system.

Who it works best for

Independent property managers and landlords with up to 2,000 units, especially those prioritizing simplicity and affordability while still needing tools for tracking rental income, expenses, and lease activity.

Key features

• Income and expense tracking with financial reports

• Online rent collection and automated payment reminders

• Lease and document management

• Owner and tenant communication portals

• Vendor and maintenance tracking

• Optional features like vacancy advertising and applications

Pros

• Budget-friendly for smaller portfolios

• Quick setup with minimal learning curve

• Good customer support via phone and email

• Scales up to 2,000 units

Cons

• Some features locked for portfolios under 50 units

• No support for commercial portfolios or advanced features

• Add-on fees for marketing and screening services

8. MRI Software

MRI Software is a high-powered solution tailored for managing large commercial portfolios and complex real estate investment operations. Known for its modular architecture and global reach, MRI offers deep functionality in financial management, asset management, and lease administration, making it a top choice for institutional property managers and enterprise-level teams.

Who it works best for

Corporate landlords, asset managers, and property firms with expansive commercial holdings and multifamily units that require integrated accounting, compliance tools, and market research insights.

Key features

• Comprehensive lease management and administration

• Detailed financial reporting and forecasting tools

• Investment and asset management modules

• Custom dashboards for large-scale operations

• Maintenance tracking and insurance workflows

• Advanced analytics for pricing and performance

Pros

• Ideal for enterprise and global operations

• Built-in tools for data-driven decisions

• Highly customizable and scalable

• Strong support for regulatory compliance

Cons

• No free trial or public pricing

• Long sales and onboarding process

• Too complex and costly for small to mid-size portfolios

9. Rent Manager

Rent Manager is a flexible and fully featured property management system designed to support both residential and commercial properties. With strong mobile functionality, customizable reporting, and a range of integrations, it’s ideal for property managers who need a scalable solution that balances automation with control.

Who it works best for

Property managers overseeing mid-size to large portfolios who want a user-friendly interface and customizable modules for accounting, leasing, and maintenance tracking.

Key features

• Online tenant portals for communication and payments

• Custom reports for tracking cash flow, rent arrears, and occupancy

• Full accounting suite with credit card and ACH payment processing

• Marketing tools including website creation for property listings

• Open API for integrations with CRMs, accounting tools, and IoT systems

• Mobile access for field agents and managers

Pros

• Scalable for both residential and commercial properties

• Free trial available

• Detailed training resources and university program

• Great for on-the-go management

Cons

• Minimum monthly fee may be high for small portfolios

• Quote-based pricing slows down onboarding

• Some features locked behind add-on costs

10. Yardi Breeze

Yardi Breeze is a lightweight, cloud-based platform developed by one of the most established names in real estate software. It delivers premium features at accessible pricing, making it a favorite among newer property managers and small teams looking to simplify operations for both residential properties and commercial spaces.

Who it works best for

Landlords and property managers handling small to mid-size portfolios who want straightforward tools for marketing, payment processing, maintenance, and rent collection, without the steep learning curve.

Key features

• Online rent collection and automated late fees

• Maintenance request tracking and vendor coordination

• Renters Insurance integration for tenant compliance

• Built-in website for rental listings and applications

• Dashboards for financial reporting and performance

• Fast setup with an intuitive interface

Pros

• Lower monthly minimums than many competitors

• Transparent, unit-based pricing

• Suitable for both residential and commercial assets

• Free training and customer support

Cons

• Lacks a native mobile app

• Customization is limited compared to other platforms

• Some tools require upgrading to Breeze Premier

The Bottom Line: The Right Property Management Software Can Transform Your Business

Whether you're managing a handful of single-family rentals or scaling a portfolio of commercial properties, the best real estate development software can help you save time, improve tenant communication, increase rental income, and make more informed decisions. From rent collection and maintenance management to financial reporting and investment management, today’s top platforms offer powerful solutions tailored to a variety of property types and business sizes.

If you’re looking for an all-in-one platform that adapts to your specific needs while offering advanced tools and an unbeatable customer experience, ElevateSolutions stands out as the top choice for 2025. It’s time to streamline your operations, simplify your tech stack, and grow your real estate business with confidence.