May 28, 2024 • 10 min read
Yardi is a well-established and highly respected name in the property management software industry. With its comprehensive suite of features and robust functionality, it's no wonder that many property managers are curious about what Yardi has to offer. However, you don’t want to go in blind — you want to explore all your options.
If you're considering Yardi but want to explore alternative solutions before making a decision, you're in the right place.
While Yardi's enterprise platforms are known for their power and versatility, they may not be the perfect fit for every property manager or landlord. Whether you're looking for a more affordable option, a solution with a gentler learning curve, or a platform that caters to unusual or specific requirements of your properties or business, you’ll want to consider your options.
This post explores six options for Yardi alternatives. For each, we’ll discuss their top features and pricing, giving you all the information you need to find the best property management solution for you.
Before we explore our top Yardi alternatives you might explore this year, let’s examine Yardi itself. What is this property management tool, what features does it offer, and what standard does it set for property management professionals looking for an alternative property management and leasing software solution?
Yardi is one of the biggest players in the property management game. They offer a wide range of services to help property managers handle the ins and outs of rent collection, maintenance tracking, and more.
Property managers partnering with Yardi can benefit from numerous advantages, including:
However, like any solution, Yardi has some disadvantages. Yardi is a large organization, which can make it more challenging to get personalized support than you may experience with a smaller business. Additionally, Yardi is designed for large-scale, high-volume property managers. If you operate a property management business with only a handful of properties, it may not be the best fit for you.
Pricing: Yardi Breeze is available on a per-unit, per-month basis. For residential properties, it's $1 per unit per month, with a minimum monthly cost of $100. Commercial pricing is a bit different but still based on the number of units you manage.
We’ve established Yardi's specs and offerings, but when you are looking for comparisons, what features and functionality should you consider? You want a tool that will make your life easier, but what key features will result in streamlined processes… instead of just more headaches?
Some key features to look for include:
At the end of the day, the right property management software for you will depend on your specific needs and priorities. But by watching for these key features, you'll be well on your way to finding a solution that helps you manage your properties more efficiently and effectively.
With all this in mind, let’s examine our top six Yardi alternatives, giving you the information you need to make the best choice for your property management business.
AppFolio Property Manager is a comprehensive, cloud-based solution designed to streamline real estate business property management operations. This all-in-one platform offers a wide range of features and a modern, user-friendly interface, making it a strong fit for property managers looking to scale.
Key features of AppFolio include:
AppFolio caters to various property types, including single-family homes, multifamily units, affordable housing, community associations, student housing, commercial properties, and investment management. This versatility makes it suitable for property management companies with varied portfolios. However, AppFolio may not be the best fit for smaller property managers with limited budgets or those managing fewer than 50 units.
Pricing: AppFolio starts at $1.49 per unit per month, with a minimum monthly spend of $298 and a 50-unit minimum requirement.
Related Read: 5 Creative Ways To Advertise Your Rental Property for Free
Buildium is a well-known property management software solution that caters to mixed portfolios. In addition to its feature set, Buildium provides onboarding and support services to help users get up and running quickly and maintain smooth operations over time.
Some of Buildium’s key features include:
Buildium is best suited for property managers who primarily handle housing properties and require a robust, all-encompassing solution. The platform's focus on housing may not be ideal for those managing a highly diverse portfolio that includes commercial properties or other non-housing assets.
Pricing: Buildium starts at $55 per month, with additional fees for add-on features and functionality. The exact cost will depend on your property management business's specific needs and size.
Related Read: Buildium vs. Appfolio: Which is Best for Tenant Verification?
Propertyware is a comprehensive property management platform designed to cater to the needs of large property management businesses handling portfolios of 250 or more units. This all-in-one solution offers a full suite of features designed to simplify property management processes.
Key features of Propertyware include:
Propertyware is best suited for property managers handling large portfolios of single-family rental homes. The platform's robust feature set and customizability make it well-equipped to handle the complexities of operating at scale. However, smaller property management businesses with portfolios under 250 units may find Propertyware's features and pricing structure more than they can afford.
Pricing: Pricing for Propertyware starts at a minimum monthly fee of $250, which includes core property management functions such as accounting, rent collection, maintenance, and tenant screening. Access to additional features like e-signatures and messaging requires a higher minimum monthly spend of $350.
Rent Manager is a highly customizable, all-in-one property management solution designed for portfolios of various sizes and types. The platform offers a wide range of features to streamline operations and drive business growth, making Rent Manager a strong option for property managers looking to improve processes and grow their portfolios.
Key features of Rent Manager include:
Rent Manager’s highly customizable platform allows property managers to tailor the software to their specific operational requirements and workflows. However, this level of customization may not be ideal for those seeking a more standardized, out-of-the-box solution with pre-set best practices.
While Rent Manager offers a comprehensive feature set, it relies heavily on third-party integrations to deliver certain functionalities. For example, rent payments are processed through Zego, while resident screening and marketing can be managed via Integration Rentals.
Pricing: Pricing for Rent Manager is only available by custom quote.
Entrata is a comprehensive property management platform that aims to improve efficiency across all levels of operation, from site-level to C-level. The solution leverages AI, automation, and a flexible, unified platform to streamline processes and drive productivity.
Key features of Entrata include:
Entrata is best suited for forward-thinking property management companies looking for a modern, comprehensive solution beyond traditional property management functions. The platform's focus on AI, automation, resident services, and social media management sets it apart from other Yardi alternatives.
Pricing: Entrata’s pricing is only available through a custom quote.
Innago is a free property management software solution designed for landlords and property managers. The platform aims to streamline the rental process, from listing properties to managing maintenance requests.
While Innago is free for landlords and managers, tenants pay a small fee for rent payments and can purchase additional services, such as tenant screening and renters insurance.
Key features of Innago include:
Innago is best suited for small to medium-sized landlords and property managers looking for a cost-effective, all-in-one solution to manage their rental properties. The platform's free pricing model and comprehensive feature set make it an attractive choice for those who want to streamline their operations without incurring significant costs.
However, Innago may not be the best fit for larger property management firms or those with more complex needs.
If you are looking for the perfect tenant screening and application listing solution, you may also consider Intellirent.
It's important to note that Intellirent is not a Yardi alternative, but rather a Yardi partner. We also partner with other leading property management solutions like Rent Manager and Propertyware, seamlessly integrating with these platforms to provide a truly all-in-one solution.
Intellirent is a free, comprehensive tenant screening and rental application solution designed to help leasing professionals streamline their processes and make informed decisions. Intellirent allows leasing teams to focus on showing units and selecting the most qualified renters by automating tasks such as advertising, data entry, and verifications.
Key features of Intellirent include:
Intellirent is best suited for leasing professionals who want to enhance their existing property management system with robust screening and application tools. Best of all, our solution is always 100% free to property managers. Each rental applicant will pay a $30 application fee, letting you save money on tenant screening without sacrificing quality.
According to one customer, “Representing both tenants and property owners, it's critical that I have a quick application process. Intellirent enables me to thoroughly qualify renters in a fraction of the time spent using other methods. Their marketing tools enable me to stay competitive while significantly reducing vacancy for my clients.” –Rafael C. Davis, Leasing & Sales Agent, Vanguard Properties
We've covered a lot of ground in this post, exploring various Yardi alternatives and the features they offer to help you manage your properties more efficiently. But there is no one-size-fits-all solution. What works for one property manager might not be the best fit for another.
So, how do you choose the right Yardi alternative for your business? Examine your needs and priorities and select the solution with the features, functionality, and price point that fits your business.
One feature every property manager should give special consideration is tenant screening. If you want a top-tier tenant screening solution that gets you best-fit renters without breaking the bank on screening costs, you need to integrate Intellirent with your property management platform of choice.
With Intellirent, you get access to top-notch tenant screening and property listing features, all for $0. With our seamless integrations with popular property management solutions, you can easily add Intellirent to your existing workflow.
So why not give Intellirent a try? Create your free account today and see how Intellirent can streamline your rental process.
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