Letting

Propertyware pricing and cost per month from 50 to 500 units

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Propertyware publishes three plans. Basic costs $1.00 per unit per month with a $250 monthly minimum, Plus $1.50 with a $350 minimum, and Premium $2.00 with a $450 minimum. Every plan adds a one time implementation fee of twice the monthly subscription, and billable units move in steps of 50. Below 250 units you pay the minimum, so a 100 unit manager on Basic pays $250 a month, or $2.50 per door, plus about $500 to start.

Propertyware plans, Basic, Plus and Premium

Propertyware is RealPage's software for single family property managers. It is sold in three tiers, and the pricing page at propertyware.com/pricing (checked September 2026) lists these figures.

PlanPer unit per monthMonthly minimumImplementation fee
Basic $1.00 $250 2x the monthly subscription
Plus, marked most popular $1.50 $350 2x the monthly subscription
Premium $2.00 $450 2x the monthly subscription

All three list the same headline modules: accounting, owner and tenant portals, maintenance, marketing, screening, payments, inspections, eSignature, two way text messaging and vendor portals. The page notes that each package includes only the features with a check mark, so ask sales which features sit in which tier before you choose Basic on price alone.

Propertyware fees beyond the plan price

The subscription is only part of the bill. These are the costs Propertyware lists outside the per unit rate.

CostWhat Propertyware says
Implementation One time, 2x the monthly subscription price, on every plan
Enterprise or API access Add $1 per unit per month to any package
Tenant screening Transaction fees apply, not published
Online payments Transaction fees apply, not published
Billable units Adjusted in 50 unit increments
Maintenance and leasing contact centers Optional add ons priced per unit, plus a setup fee
Professional website Optional add on with a setup fee

Get the payment and screening transaction fees in writing. On per payment platforms those fees can end up larger than the subscription itself.

How much does Propertyware cost per month by unit count?

The table applies the published per unit rate, the monthly minimum and the 50 unit billing steps. It leaves out transaction fees and add ons, so it is the floor of what you will pay.

UnitsBasicPlusPremiumLetting
50 $250 $350 $450 $189 (Agency)
100 $250 $350 $450 $189 (Agency)
150 $250 $350 $450 $189 (Agency)
200 $250 $350 $450 $449 (Portfolio)
250 $250 $375 $500 $449 (Portfolio)
300 $300 $450 $600 $449 (Portfolio)
400 $400 $600 $800 $449 (Portfolio)
500 $500 $750 $1,000 $449 (Portfolio)

Implementation at 2x means a 100 unit portfolio pays about $500 on Basic, $700 on Plus or $900 on Premium before the first month. Letting has no implementation or onboarding fee on any plan.

What Propertyware really costs per unit

The published rate of $1 per unit only applies once you pass 250 units on Basic. Below that, the minimum sets your real price. At 50 units Basic works out to $5.00 per door per month, at 100 units $2.50, and at 150 units about $1.67. On Premium the effective rate at 100 units is $4.50. That is why Propertyware looks cheap on its pricing page and expensive on a small manager's bank statement.

Who Propertyware pricing suits, and who overpays

Propertyware's pricing is built for single family managers with 250 units or more, where $1 to $2 per door is competitive and the implementation fee is small next to the annual bill. At 500 units, Basic costs $500 a month, which is hard to beat for a full platform with portals, payments and screening.

Managers under 150 units are the ones who overpay. They carry the full $250 to $450 minimum and an implementation fee of $500 to $900 for a portfolio the minimum was never designed for. Many of them also do not use the payments and screening modules they are paying to have available.

  • 250+ single family units and want one platform with payments: Propertyware is a reasonable buy
  • 50 to 150 units, tenants paying by bank transfer: Letting Agency at $189 flat
  • Under 25 units: Letting Landlord at $59, or a landlord app with a free tier

Is Propertyware worth it for a small property management company?

For a company under 150 units, usually not on price. You pay a minimum sized for larger portfolios, implementation on top, and transaction fees on screening and payments that the pricing page does not list. The software is capable, and if you plan to pass 250 doors within a year the numbers improve quickly. If you do not, a flat plan with no minimum leaves more of your management fee in the business.

The other cost is setup time. A paid implementation usually means a project with calls, data mapping and training. At 100 units a CSV import and one month of bank matching get you running in a day.

Cheaper options than Propertyware under 250 units

If the minimum is the problem, compare these published prices at 100 units. Yardi Breeze charges $1 per unit with a $100 minimum, so it costs $100. Rent Manager Basic starts at a $200 minimum. Buildium Essential starts at $62 but adds $2.35 per incoming ACH payment. Letting Agency is $189 flat for up to 150 units with inspections and owner statements included.

Our property management software for 100 units page puts every one of these side by side, and Rent Manager pricing covers the other big minimum based vendor, since the two price almost the same way.

What you give up by leaving Propertyware

Be clear on what you would lose. Propertyware processes rent payments, runs screening, syndicates listings and gives owners and vendors their own portals. Letting does none of the first three. Tenants keep paying into your bank account by ACH, Zelle or check, and Letting matches the bank export to each tenant ledger, ages arrears and produces owner statements as PDF and CSV. Owners receive the statement by email instead of logging into a portal.

For vendors, Letting records each repair with photos, the contractor and the cost against the unit. If you require contractors to carry insurance before they work on your properties, keep their certificates in a tool built to track certificates of insurance and expirations, so an uninsured roofer never gets a work order.

Read the setup details on how it works and the owner side on owner statements.

Questions to ask Propertyware before you sign

Ask these in writing so the quote matches the invoice.

  • Which features are checked on the plan you are quoting, especially inspections and vendor portals?
  • What is the implementation fee in dollars for my unit count?
  • What are the ACH, card and screening transaction fees, and who pays them, you or the tenant?
  • How are billable units counted, and when does the next 50 unit step apply?
  • Is there a minimum contract term, and what does it cost to leave early?
  • Is API access needed for my accounting or reporting tools, and at what price?

FAQ

How much does Propertyware cost per month?

Propertyware costs $1.00 per unit per month on Basic with a $250 minimum, $1.50 on Plus with a $350 minimum, and $2.00 on Premium with a $450 minimum. Below 250 units you pay the minimum. Implementation is a one time fee of twice the monthly subscription, and payment and screening transaction fees are extra.

Does Propertyware have a monthly minimum?

Yes. Every Propertyware plan has one: $250 per month on Basic, $350 on Plus and $450 on Premium. The minimum applies until your unit count times the per unit rate passes it, which is 250 units on Basic, about 234 units on Plus and 225 units on Premium.

Does Propertyware charge a setup fee?

Yes. Propertyware charges an implementation fee equal to twice the monthly subscription price on every plan. For a manager paying the $250 Basic minimum that is $500, and on Premium at the $450 minimum it is $900, paid before the first month of service.

Is Propertyware good for small landlords?

Propertyware is built for single family managers, but its $250 monthly minimum makes it expensive under about 150 units. A landlord with 40 doors pays $6.25 per unit on Basic, plus implementation. Small landlords usually pay less on a flat plan, such as Letting Landlord at $59 for up to 25 units or Agency at $189 for up to 150.

What is cheaper than Propertyware?

At 100 units, Yardi Breeze costs $100 per month, Letting Agency $189 and Rent Manager Basic $200, against Propertyware Basic at $250 plus implementation. Letting also has no onboarding fee and no transaction fees. Above 250 units Propertyware Basic becomes one of the cheaper full platforms per door.