7 Best Free Property Management Software Solutions for 2019

Lauren Fram
Lauren Fram  |  August 1, 2018

Real estate can be tricky business. On the one hand, everyone needs somewhere to live — but on the other, there are a lot of necessary hoops to jump through for a tenant and a landlord to come to an agreement. 

From marketing your property and sifting through applications and background checks to drafting leases and making sure the property is in suitable shape, managing a residential property is a lot of work. And that work doesn’t end once a tenant moves in. After that, there's maintenance requests, rent and HOA fee collection.

Property management software, however, can help with all of these tasks.

See the Easiest-to-Use Property Management Software →

Specifically designed for landlords and property managers, these platforms can house and perform all of your day-to-day duties. With more than 2,600 new renters entering the rental market every day, that’s a lot of potential business and a lot of potential work. If you’re just starting out as a property manager, it may seem daunting. Luckily, there are free property management tools available to help ease you into the property management world. If you only manage a handful of units, these tools are a great way to stay organized without a lot of investment. Most free property management tools are only free if you manage one to 10 units, but some are available for businesses of any size.

Recently, we wrote about free commercial property management tools. While there is some overlap with free residential property management tools, there are several products specifically tailored for residential property management. Are you a property manager for a vacation rental or bed and breakfast? Don't fret; free vacation rental software exists that will help you manage your vacation rental's listings, bookings, and hopefully repeat customers. Our criteria for “free” software has also changed slightly since that blog was published.


Best free property management software

The list we’ve outlined here includes any property management solution with an available free offering. It should be noted that this does not include products that are only free on a temporary basis, such as limited trial versions for new users. They may only support one user or one project, but they’re truly free offerings. Scaling, however, will often require full investments.

These products only represent a small portion of the 200-plus property management software offerings listed on our platform. Whenever possible, the products are ranked by user satisfaction score. All data comes via validated user reviews on G2 Crowd as of July 12, 2018.

1. Cozy

 cozy free property management software

Image courtesy of Cozy

Cozy is a free property management tool that allows landlords to collect rent online, manage renter applications and screen potential tenants. Users can also track maintenance requests, communicate with tenants and market listings.

Free option:

  • All features are free for landlords

Paid option:

  • $19.99 for a rent estimate and property analysis
  • 2.75% fee for debit or credit card rental payments (for tenants)
  • $24.99 per credit report or background check (paid by applicant)
  • $39.99 per full tenant screening report (paid by applicant)

Features:

  • Collect rent online
  • Online rental applications and screening tools
  • Tenant credit reports and background checks
  • Track maintenance requests
  • Organize property expenses
  • Document sharing
  • Market listings on Realtor.com and Doorsteps
  • Unlimited tenants and roommates
  • Transaction histories

Browse Cozy user reviews →


2. Rentec Direct

rentec direct free property management software

Image courtesy of Rentec Direct

Rentec Basic is the free version of Rentec Direct for those managing 10 or fewer units. Users can file and store documents online, manage recurring transactions and track financials.

Free option:

  • Basic

Paid option:

  • Pro: $35/month
  • PM: $40/month

Features:

  • Track income and expenses
  • Property and tenant accounting
  • Tenant screening
  • Online file management
  • Manage recurring transactions
  • Management reports

Read Rentec Direct user reviews →


3. TenantCloud Property Management

 tenantcloud free property management software

Image courtesy of TenantCloud

TenantCloud is a free property management tool that has features for landlords to collect online payments, create leases, manage keys and other property details, assign maintenance requests and schedule automatic reminders. Tenants can also set up a reusable renter profile, apply online and submit maintenance requests.

Free option:

  • Basic

Paid option:

  • Standard: $9/month or $90/year
  • Advanced: $35/month or $350/year

Features:

  • Online payments
  • Accounting
  • Automatic late fees
  • Agreement template builder
  • Online leases
  • Property keys and specs
  • Maintenance requests
  • Equipment and service reminders
  • Data import and export
  • Insurance tracking
  • Rental applications
  • Marketing website
  • Customizable dashboard
  • Calendar

Read TenantCloud user reviews →


4. SmartPropertyManager.com

SmartPropertyManager.com is a free tool for users with fewer than 10 units for rent. Available features include a home dashboard, tenant tracking, accounting, payment histories, document management and task management.

Free option:

  • Personal edition

Paid option:

  • Professional edition: $13.14/month (converted from GBP)
  • Premium edition: $65.99/month (converted from GBP)
  • Enterprise edition: $330.21/month (converted from GBP)

Features:

  • Home dashboard with active and overdue tenants, property portfolio, active tasks and more
  • Track value of properties over time
  • Store files and images
  • Accounting
  • UK tax worksheets
  • Property accounts
  • Task management
  • Contacts
  • Calendar
  • Document management

5. Pendo

 pendo free property management software

Image courtesy of Pendo

Pendo is a free property management tool for users with only one rental property. Users can send and manage digital applications, manage leads and applicants, share and sign leases online, screen tenants and create property websites.

Free option:

  • Solo

Paid option:

  • Indie: $29/month or $312/year
  • Pro: $99/month or $1,068/year

Features:

  • Send and manage digital applications
  • Share and sign leases online
  • Manage leads and applicants
  • Tenant profiles
  • Tenant screening
  • Advertise rentals
  • Capture leads and collect applications
  • Accounting
  • Deposit management
  • Online rent payments
  • Property dashboards
  • Reporting

6. Online Rental Property Manager

 online rental property manager free property management software

Image courtesy of Online Rental Property Manager

Online Rental Property Manager (ORPM) is a free platform for landlords hoping to manage rental properties, units, applications, leases and tenants. ORPM is open source and customizable to fit the needs of any property management company. ORPM is also cloud-based and therefore accessible through web browsers and via mobile devices.

Free option:

  • All versions

Paid option:

  • None

Features:

  • Manage applicants and tenants
  • Add, search and manage applications and leases
  • Manage landlords, properties and units
  • Export data to CSV
  • Import data from CSV
  • Support multiple users and groups

 7. Innago

Innago dashboard for free property management

Image courtesy of Innago

Innago is a free property management platform that is also cloud-based and can be accessed anywhere. Designed for landlords that manage small- to mid-sized properties, Innago provides tenant management tools, account management, custom leases, exportable financial data and recurring invoices.

Free option:

  • All versions

Paid option:

  • Online e-check and credit card payments
  • Tenant screening reports

Features:

  • Online access anywhere
  • Tenant management tools
  • Dedicated account manager
  • Custom lease agreements
  • No limit lease signing
  • Online lease storage
  • Exportable financial data
  • Multiple bank deposit destinations
  • Custom invoice generation
  • Recurring invoices
  • Record offline payments
  • Maintenance request portal
  • Tenant communication
  • Tenant payment reminders

Next steps for selecting the best free property management software

While this is only a handful of products, our real estate software categories contain many more solutions to help you run your real estate business. From robust all-in-one platforms to individual, specialized tools, there are hundreds of products to choose from.

Find the best Real Estate software on the market →

Being able to collect rent online can help streamline accounting, while online maintenance requests are convenient for both tenants and landlords. Even the ability to list properties, schedule showings, receive applications and run background checks using the same software platform can save hours of time.

Many real estate tools, including most property management software, will not be free, but some will offer free trials. If you’ve used any of the products featured and loved or hated them, feel free to leave a review to help other buyers like you find the perfect software.

For further readings on the real-estate industry, be sure to check out how to create a real estate website that converts.

* Please note: Reviews may have been edited for spelling and grammar.

Lauren Fram
Author

Lauren Fram

Lauren is a market research analyst focusing on the e-commerce and retail industries. Since joining G2 in July 2017, she has focused her energy on consumer-driven spaces after spending time in the vertical, design, and CAD software spheres. Lauren's writing and research has been cited in publications such as Forbes, Eater, and Nasdaq.com, among others. She enjoys building and sharing her knowledge. Her coverage areas include: retail technology, e-commerce, and restaurant technology.