Which Rent Collection Software Is Right for Your Portfolio?
Buildium's Essential plan starts at $58/mo but tops out at $460+/mo for 500 units. RentRate charges $750/mo for 500 units at the Scale tier — but with no setup fees, no annual contract, and a 3-day free trial.
No credit card · No contract · Setup in 10 min
Buildium (500 units)
$460+/mo
Monthly cost estimate
RentRate (500 units)
$750/mo
Monthly all-in cost
Potential Savings
$0–$3,480/year
Annually (500 units)
RentRate vs Buildium — side-by-side for 200–1,000 unit property managers
| Feature | RentRate | Buildium |
|---|---|---|
| Monthly cost (500 units) | $750/mo | $460+/mo |
| Per-unit pricing | ✓ $1–$3/unit ✓ Best | ✗ Tiered flat plans |
| Online rent collection | ✓ Included | ✓ Included |
| Tenant portal | ✓ Included | ✓ Included |
| Automated reminders | ✓ Included | ✓ Included |
| Stripe-powered payments | ✓ Native Stripe ✓ Best | ✗ Proprietary ePay |
| Setup time | 10 minutes ✓ Best | 1–3 days |
| Free trial | 3-day free trial | 14-day free trial |
| Contract required | ✗ No contract | ✗ No contract |
| Owner portal | Coming Q4 2026 | ✓ Included |
| Maintenance tracking | Coming Q3 2026 | ✓ Full suite |
| Accounting/GL | Payments & ledger | ✓ Full accounting |
| CSV bulk import | ✓ Up to 5,000 rows | ✓ Available |
* Pricing based on publicly available information as of May 2026. Actual costs may vary.
200–1,000 unit property managers who want simple, automated rent collection without paying for accounting features they don't use.
Property managers who need full accounting, maintenance, and owner portals in one platform — and can justify the higher cost.
"We were on Buildium's Growth plan at $340/mo. Switched to RentRate and pay $560/mo for 280 units — but we cut our accounting team's workload in half because payments just work."
Diane R.
Portfolio Manager, 280 units, Austin TX
No credit card. No contract. Setup in 10 minutes. If you're managing 200+ units on Buildium, run the numbers — most managers save at least $3,600/year switching.