Compare AppFolio and MRI Residential - Oct 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - AppFolio or MRI Residential?

MRI Residential is more expensive to implement (TCO) than AppFolio, and AppFolio is rated higher (95/100) than MRI Residential (80/100). AppFolio offers users more features (27) than MRI Residential (21). There is a clear winner in this case and it is AppFolio!

Looking for the right Property Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

AppFolio Vs. MRI Software LLC

AppFolio: AppFolio provides cost-effective, web-based property management software that allows residential property managers to more effectively market, manage and grow their business. Our online property management software includes complete accounting and property management functionality with the ability to email work-orders, owner statements and resident...

MRI Software LLC: Bostonpost Property Manager® streamlines compliance, financials and general property management operations for any mix of affordable housing funding sources. Whether you are managing properties with only project-based vouchers, properties rehabilitated with tax credit funding, newer properties with complex, layered funding, or anything in betwee...

Who is more expensive? AppFolio or MRI Residential Management?

The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for AppFolio and MRI Residential Management.

AppFolio price starts at $1.40 per unit/month , On a scale between 1 to 10 AppFolio Property Manager is rated 2, which is much lower than the average cost of Property Management software. MRI Residential Management price starts at $1.75 per property/month , When comparing MRI Residential Management to its competitors, the software is rated 8 - higher than the average Property Management software cost.

Bottom line: MRI Residential Management is more expensive than AppFolio.

Which software includes more/better features?

We've compared AppFolio Vs. MRI Residential based on some of the most important and required Property Management features.

AppFolio: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Automatic Data Backup, Automatic Property Mapping, Customizable Applications, Easy Data Migration, Email Owner Statements, Events Calendar, Excel Export, File Management.

MRI Residential Management: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Events Calendar.

Target customer size

The web-based property management software is best for medium and small business owners. MRI Residential Management is perfect for residential or multifamily properties with over 500 units.