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7 Best Property Management Accounting Software Solutions of 2024

Compare the best property management accounting software options and determine which solution is right for your business.
Written by

Karrin Sehmbi

Edited by

Sally Lauckner

Last updated on April 16, 2024

Fact checked and reviewed
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Even the smallest property management companies have a lot to manage — collecting rent, managing lease agreements, fielding maintenance requests and more. Therefore, busy property managers need software that goes beyond accounting.
The best property management accounting software solutions are cloud-based, easy to use and can grow with your business. If you don’t want — or don’t yet need — an all-in-one solution, then your property management accounting software should also integrate with an off-the-shelf accounting package.
Here are recommendations based on the size and needs of your property management company.

Best Property Management Accounting Software Solutions

Product
Promotion
Learn more

QuickBooks Online

Learn more

on QuickBooks Online's secure website

5.0/5

Best for General accounting software with property management software integrations

$35/month

Additional pricing tiers (per month): $65, $99, $235.

50% off

for first three months or free 30-day trial.

Learn more

on QuickBooks Online's secure website

Xero

Learn more

on Xero's secure website

5.0/5

Best for General accounting software with property management software integrations

$20/month

Additional pricing tiers (per month): $47, $80.

95% off

for 6 months.

Learn more

on Xero's secure website

Buildium

Best for Overall property management accounting software

$55/month

Additional pricing tiers (per month): $174, $375.

14-day free trial

LandlordStudio

Best for Affordable property management software

$0

Additional pricing tiers (per month): $15.

14-day free trial

of Pro plan.

Yardi Breeze

Best for Commercial property management software

$100/month

Additional pricing tiers (per month): $200, $400, custom.

N/A

AppFolio

Best for Enterprise property management software

$298/month

Additional pricing tiers (per month): $960, $7,500.

N/A

DoorLoop

Best for Lease accounting software

$69/month

Additional pricing tiers (per month): $139, $199. Prices increase beyond 20 units.

N/A

Our picks for

General accounting software with property management software integrations

QuickBooks Online

Learn more

on QuickBooks Online's secure website

Starting at
$35/month

Additional pricing tiers (per month): $65, $99, $235.

Promotion
50% off

for first three months or free 30-day trial.

Learn more

on Xero's secure website

Starting at
$20/month

Additional pricing tiers (per month): $47, $80.

Promotion
95% off

for 6 months.

Our pick for

Overall property management accounting software

Buildium

Starting at
$55/month

Additional pricing tiers (per month): $174, $375.

Promotion
14-day free trial

Our pick for

Affordable property management software

LandlordStudio

Starting at
$0

Additional pricing tiers (per month): $15.

Promotion
14-day free trial

of Pro plan.

Our pick for

Commercial property management software

Yardi Breeze

Starting at
$100/month

Additional pricing tiers (per month): $200, $400, custom.

Our pick for

Enterprise property management software

AppFolio

Starting at
$298/month

Additional pricing tiers (per month): $960, $7,500.

Our pick for

Lease accounting software

DoorLoop

Starting at
$69/month

Additional pricing tiers (per month): $139, $199. Prices increase beyond 20 units.

NerdWallet’s picks for the best property management accounting software

QuickBooks Online

Best general accounting software with property management software integrations
Why we picked it: If you’re asking, "Can I use QuickBooks for property management?", the answer is yes. Because QuickBooks is a general accounting tool, it may not have all the features you need to run your property management company. QuickBooks does, however, have an extensive library of third-party app integrations, including a handful of apps for property management. It offers a number of helpful features, including automatic recurring invoicing, which makes rent collection simple; integrated merchant services options, which let you put payment links right on your invoices; and class tracking, so you can easily manage finances for each property in your portfolio. Read our complete QuickBooks Online review.

Xero

Best general accounting software with property management software integrations
Why we picked it: At its core, Xero is affordable and feature-rich accounting software. While it’s built to cover general accounting needs and therefore lacks some of the more industry-specific features you may be looking for as a property manager, Xero offers an entire marketplace of third-party apps that integrate with its software. Xero’s app store lists at least a dozen property management-related apps that can fill the gaps to create a complete and bespoke software solution. Still, many of Xero’s own accounting features will prove useful for property management, including document storage, online payment acceptance, contact management, cash flow tools and a mobile app to keep your business finance data at your fingertips. Read our full Xero Accounting review.

Buildium

Best overall property management accounting software
Why we picked it: Buildium’s end-to-end property management solution includes a full suite of accounting features within the software at every plan level, so you won’t need to worry about syncing (and paying for) separate accounting software. Because the software is purpose-built for property managers, it includes a resident portal for payments and maintenance requests, 1099 e-filing, listing syndication to Zillow and others, tenant screening and additional industry-specific features. Buildium also includes with every plan tier a free website to market your property management business, list available units, accept applications and stay in touch with residents.

LandlordStudio

Best affordable property management software
Why we picked it: LandlordStudio’s all-in-one property management and accounting software comes in at the lowest price point of all the products on our list. The company even offers a free plan, which includes a surprising number of features at no monthly cost. LandlordStudio’s property management accounting features include tenant screening, listing syndication to popular listing sites, automated rent reminders, maintenance management tools and more.

Yardi Breeze

Best commercial property management software
Why we picked it: Yardi Breeze may be a great property management accounting software solution for mid-size and well-established businesses, particularly those managing commercial properties. The software comes with a wealth of features across accounting, accounts payable, maintenance, rent collection and more. Tenants can view and pay bills and submit maintenance requests all online; managers can automate rent billing, track progress on maintenance work orders and manage workflows for vendor payments, among other capabilities. The per-unit and monthly minimum prices could be prohibitive for smaller property management companies.

AppFolio

Best enterprise property management software
Why we picked it: AppFolio, like Yardi Breeze, is heavy on features and high on price and therefore better suited to larger property management businesses. AppFolio stands out, however, for its student housing property management features, which include the ability to manage rents and vacancies by the bed without changing the lease for all the residents in a unit. AppFolio’s software also includes a number of automated and AI-driven capabilities.

DoorLoop

Best lease accounting software
Why we picked it: DoorLoop’s software includes all the primary accounting functions you need, such as income and expense management across multiple properties, reporting and automated bank reconciliation (although reconciliation is not included in the Starter plan). The software is also packed with lease management features like tenant screening, maintenance management, online listing marketing, a tenant portal and more.
Billie Anne Grigg contributed to an earlier version of this article, which was first published on Fundera, a subsidiary of NerdWallet.
Last updated on April 16, 2024

Methodology

NerdWallet independently reviews accounting software products before determining our top picks. We collect the data for our software ratings from products’ public-facing websites and from company representatives. Information is gathered on a regular basis and reviewed by our editorial team for consistency and accuracy.
NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business. The best accounting software received top marks when evaluated across 10 categories and more than 30 subcategories. Learn more about how we rate small-business accounting software.
These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most. We encourage you to research and compare multiple accounting software products before choosing one.
NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.
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