Key Takeaways

  • Yardi is a strong operational platform, but it may not be the best for investor relations and customer support.
  • Yardi alternatives include everything from lightweight tools for independent landlords to enterprise platforms for large multifamily and commercial operators.
  • If you manage outside capital, pairing a property management platform with a dedicated investment management tool like Agora can fill the gaps in your business operations.

If you’re looking for a Yardi alternative, you’re not alone. The truth is, Yardi may not be the best fit for everyone, and with so many alternatives available, it’s worth exploring your options. 

Common reasons real estate operators search for Yardi alternatives

Some common reasons real estate operators look for Yardi alternatives include:

  • Software timeout issues: Some users experience frequent timeout issues that disrupt their workflow.
  • Inability to manually edit data: Some users report being unable to delete charges or change transaction dates, post months, and other data.
  • Unresponsive customer support: Some users report that customer support doesn’t respond in a timely manner and won’t connect you with a real human.
  • Slow onboarding process: Some users report onboarding taking over 5 months.
  • Too expensive: Some may shy away from Yardi because the pricing is too high.

If you want to try a different property management platform, consider the options below.

Yardi alternative for overseeing commercial real estate funds

1. Agora

If you want more than just a property management platform, consider Agora. It has everything you need to raise capital from outside investors and seamlessly manage an entire real estate fund. You can even pair it with Yardi to get the best of both worlds. 

Some of Agora’s key features include:

Agora’s pricing starts at just $749 per month.

Agora dashboard showing upcoming real estate deals with property cards, prices, locations, and investment details, plus sign-in and search options.

Yardi alternatives for managing diverse property portfolios

2. AppFolio

Founded in 2006, AppFolio is an all-in-one property management platform compatible with a wide range of portfolio types: single-family, multifamily, student housing, affordable housing, community associations, and commercial.

Some of AppFolio’s standout features include:

  • Integrated communication tools
  • Accounting and reporting 
  • Work order management
  • User-friendly staffing and training tools
  • Workflow automation
  • Marketing and leasing tools

AppFolio offers three pricing tiers: Core, Plus, and Max. To get a quote, contact the company directly.
AppFolio's dashboard showing South Region performance insights with revenue trends, status chart, and a property listing card with rent and availability details.

3. Buildium

Buildium is a cloud-based property management platform for single-family, small multifamily, community association, student housing, and commercial portfolios. It also includes a marketplace with access to over 50 integrated third-party tools.

Other key features include:

  • Built-in property accounting
  • Online rent collection
  • Tenant screening
  • Work order management
  • Rental listing syndication
  • Open API access

Buildium offers three pricing tiers: the Essential plan starts at $62/month, the Growth plan at $192/month, and the Premium plan at $400/month.

Buildium property management dashboard showing balances, tasks, expiring leases, renter insurance stats, and recent activity with sidebar navigation.

4. Rent Manager

Rent Managers is a property management software that’s been around since the early 1980s. Today, it’s a comprehensive tool that can be customized to scale with your portfolio, including residential, commercial, association, and other portfolios.

The platform’s key features span:

  • Accounting
  • Reporting
  • Marketing and leasing
  • Business operations
  • Maintenance

Rent Manager offers three pricing tiers: Basic, Plus, and Premium. However, you must contact the company directly for a quote.

Rent Manager's dashboard showing lease details, contacts, transactions, recurring charges, and account history for a renter profile.

5. Entrata

Entrata describes itself as the OS (operating system) for autonomous property management, aiming to perform routine work so you have more time to focus on strategy and decision-making. The platform works across multifamily, student, affordable, military, commercial, and manufactured housing portfolios.

Key platform features include:

  • Online rent collection
  • Message center
  • Facilities management
  • Marketing and leasing tools
  • Accounting and reporting
  • Utility expense management
  • Inspection reports
  • Sales tax audits
  • Business consulting

Entrata doesn’t publicly share its pricing. Request a quote by contacting the company directly.

Entrata's move-out inspection form showing a checklist, notes, photos, status review panel, unit overview, and resident signature field.

6. DoorLoop

DoorLoop is a property management software built for landlords by landlords and can handle most residential and commercial portfolios. Founded in 2019, it’s a relatively new player in the space that’s grown fast.

DoorLoop includes features across:

  • Accounting 
  • Leasing
  • Operations 
  • Resident experience

The platform also has an integrated AI assistant that can do the heavy lifting on routine tasks.

Pricing for DoorLoop is based on a tiered plan system. The Starter plan costs $69/month, the Pro plan costs $149/month, and the Premium plan costs $209/month (each billed annually). There’s also an onboarding fee based on portfolio size.

Smartphone displaying DoorLoop AI Assistant interface with options for daily management, financial overview, and tenant queries.

Yardi alternatives designed for multifamily and enterprise property operations

7. RealPage

RealPage is an enterprise-level property management software designed for large multifamily and commercial portfolios. It’s an industry heavyweight that’s been around since 1998. 

The platform’s features span:

  • Marketing and advertising
  • Leasing and lead management
  • Resident experience
  • Smart building 
  • Accounting and reporting
  • Spend and vendor management
  • Insights and analytics

RealPage doesn’t list its pricing on its website. Contact the company directly for a quote. 

8. MRI Software

Founded in 1971, MRI Software is one of the most established property management systems. Over the years, it’s been refined and updated to include a wide suite of tools for managing large and complex residential and commercial portfolios.

Some of MRI Software’s key features include:

  • An AI assistant
  • Data management
  • Personalized reports and workflows
  • API access for third-party integrations
  • Accounting and financial management

MRI Software doesn’t list its pricing on its website. Contact the company directly for a quote.

MRI AP automation dashboard showing purchase orders, invoices, vendors, budget charts, and spend analysis with categories and vendor breakdowns.

9. ResMan

ResMan is a property management software for multifamily and affordable housing portfolios. It helps you market, manage, and grow your portfolio from one platform. 

Key features include:

  • Accounting and reporting
  • AI leasing assistant
  • CRM
  • Fraud detection
  • Leasing
  • Maintenance
  • Online payments

Resman doesn’t list its pricing on its website. Contact the company directly for a quote.

ResMan property management software with rent roll summary, tenant list, and lease details for a property.

Yardi alternatives suited for residential property management companies

10. Hemlane

Hemlane is a modern property management software built for residential landlords and property managers who prefer a hands-off approach. For example, Hemlane can handle maintenance work orders for you via its network of vendors, so you don’t have to coordinate work orders. 

Other key Hemlane features include:

  • Rental advertising
  • Applicant tracking
  • Tenant screening
  • Lease management 
  • Online rent and financials
  • Accounting

Hemlane has four pricing tiers: A free version, a Basic plan starting at $30/month, an Essential plan starting at $48/month, and a Complete plan starting at $86/month.

11. Rentec Direct

Founded in 2007, Rentec Direct is a property management platform that prides itself on its customer service. The software is geared toward managing residential portfolios but also works with commercial properties.

Key features include:

  • Accounting
  • Tenant screening
  • Free online tenant payments
  • A professional website
  • Reporting
  • Online file management

Rentec Direct’s pricing starts at $45/month (billed annually) and goes up from there based on unit count.

Rentec Direct's property management dashboard with vacancies, rent status, income summary, and performance charts.

Yardi alternatives for independent landlords and smaller property portfolios

12. Innago

Innago is a property management platform founded in 2017. It promises to save small landlords time and money via user-friendly software automations. 

Key features include:

  • Online rent payments
  • Maintenance request handling
  • Expense and reporting
  • Online lease signing
  • Listing syndication
  • Tenant screening
  • Dedicated mobile app

Best of all, Innago is free. It only charges for accepting ACH and credit/debit payments ($2 and 2.99% respectively), tenant screening reports ($30-35), and income verification ($10).

Innago's invoice management interface showing deposit invoice details, payment status marked “Fully Paid,” recurring settings, and transaction history.

13. Avail

Avail is a property management platform for small independent landlords. It lets them handle the full lifecycle of a rental investment, from syndicating listings to collecting rent and managing work orders. 

Some of Avail’s top features include:

  • Listing syndication
  • Online rental applications and leases
  • Tenant screening
  • Online rent collection
  • Maintenance tracking
  • Rent price analysis
  • Property accounting

Avail has a free tier that charges a $2.50 fee per ACH charge and a paid tier for $9/month that waives the bank transfer fee and includes extra features.

Avail's maintenance request interface showing an issue, photos, comments, and ticket status with options to view the request or close the ticket.

Key factors to consider when comparing Yardi alternatives

When comparing different Yardi alternatives, consider the following:

FactorDescription
Supported property types Not all platforms support every asset class, so confirm that your specific portfolio mix (multifamily, commercial, single-family, HOA, etc.) is fully supported before committing.
Depth of accounting and financial management featuresLook beyond basic rent collection and evaluate whether the platform can handle complex needs like trust accounting and bank reconciliations. 
Leasing, maintenance, and property operations workflowsThe best platforms streamline the full operational lifecycle, from syndicating listings and screening applicants to routing maintenance requests.
Investor relations and ownership management capabilitiesIf you manage commercial properties on behalf of outside investors or owners, you’ll want tools for generating ownership statements and distributing payments. 
Customization options, integrations, and API availabilityA platform with open API access and integration capabilities gives you the flexibility to connect your existing tools.
Ease of use, onboarding experience, and customer supportEven a feature-rich platform can be a liability if it is unintuitive, onboarding drags on for months, or support tickets go unanswered.
Pricing models and long-term scalabilityConsider not just the base monthly cost but also per-unit fees, onboarding charges, and how pricing scales as your portfolio grows.

Key considerations when transitioning from Yardi to another platform

Assuming you decide to make the switch from Yardi to another platform, here are some tips:

  • Time the switch strategically. Avoid transitioning mid-lease cycle or during busy seasons, as this can create unnecessary complications and stress.
  • Plan your data migration carefully. Yardi stores years of tenant history, lease documents, payment records, and other data. Audit everything you want to carry over before you begin to confirm you can import it cleanly.
  • Involve your whole team early. Getting your team’s input early on and training them on the new system can lead to a smoother transition. 

How Agora compares to Yardi for real estate investment management

If you manage a commercial real estate fund or take on outside capital from investors, consider using Agora for managing your investments. Here’s how it compares to Yardi:

YardiAgora
Primary focus and ideal usersBroad property management platform for operators managing day-to-day portfolio operationsInvestor relations and investment management platform for real estate fund managers and sponsors
Investor onboarding and ongoing communicationsOffers an Investment Management arm with self-service access for investorsStreamlined digital onboarding for investors with built-in communication tools and a dedicated investor portal
Deal, fund, and entity management capabilitiesSupports basic deal and fund management but may not support more complex investment structuresBuilt specifically for managing deals and funds with tools for capital calls, distributions, and automatic waterfall calculations
Reporting transparency for investors and stakeholdersInteractive dashboards, downloadable documents, and reports available via a self-service investor portalAutomated, investor-ready reporting with customizable dashboards that give LPs real-time visibility into their investment performance
Integrations with property management systemsWorks with 450+ partners to offer standard property management interfacesIntegrates with leading property management platforms like Yardi, AppFolio, and MRI Software

How to evaluate and select the right Yardi alternative for your organization

Not sure which Yardi alternative is best? Here’s how to choose one:

  • Start with must-have features. List the features your team relies on and use that as a filter before evaluating anything else.
  • Match the platform to your portfolio type. Not every platform handles every asset class, so find one built specifically for your portfolio type.
  • Request a live demo with your data. This can help reveal any gaps that you may not notice in a demo with generic data. 

Conclusion

Switching property management platforms is a big decision, but the right software can improve how your team operates and the experience of limited partners. Whether you’re a small landlord or a large institutional operator, there’s a Yardi alternative built for your needs.

Take the time to evaluate your options carefully, involve your team in the process, and don’t settle for a platform that doesn’t deliver.