Compare Property Matrix and Buildium - Oct 2022

Shlomi LaviShlomi Lavi / Oct 06, 2022

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Bottom Line: Which is Better - Property Matrix or Buildium?

Buildium is more expensive to implement (TCO) than Property Matrix, and Buildium is rated higher (100/100) than Property Matrix (80/100). Buildium offers users more features (20) than Property Matrix (5).

Looking for the right Property Management - Rental Property 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:

Property Matrix Vs. Buildium

Property Matrix: From top to bottom, Property Matrix is made of innovators who are devoted to continued development. We pride ourselves on working with only the best, so that you receive nothing less than the best. We are a team dedicated to making life easier for our customers, and we are always working on new features and solutions based on your feedback. We b...

Buildium: Back in the late '90s, three guys were working for a technology consulting company in Cambridge, Massachusetts. The trio soon learned they shared an interest in real estate. With dreams of becoming real estate moguls, they formed MIDICH Properties (MIchael, DImitris, CHris) and bought their first rental property together in Providence, Rhode Island...

Who is more expensive? Property Matrix or Buildium Property Manager?

The real total cost of ownership (TCO) of Property Management - Rental Property 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 Property Matrix and Buildium Property Manager.

Property Matrix price starts at $450 per month , On a scale between 1 to 10 Property Matrix is rated 2, which is much lower than the average cost of Property Management - Rental Property software. Buildium Property Manager price starts at $50 per month , When comparing Buildium Property Manager to its competitors, the software is rated 2 - much lower than the average Property Management - Rental Property software cost.

Bottom line: Property Matrix cost is around the same cost of Buildium Property Manager.

Which software includes more/better features?

We've compared Property Matrix Vs. Buildium based on some of the most important and required Property Management - Rental Property features.

Property Matrix: Billing & Invoicing, Property Management, Expense Management, CMMS, Contact Management.

Buildium Property Manager: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Excel Export.

Target customer size

The software is a viable product for businesses of all sizes. Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource.

Property Matrix

ITQlick rating
(4.7/5)

starts at $450 per month

Property Matrix software is a cloud-hosted property management solution tailored for multi-family unit properties and apartment complexes. The solution incorporates tools for property accounting, tenant & lease...

Categories: Property Management, Property Management - Apartment, Property Management - Rental Property, Project Management.

Buildium

ITQlick rating
(4.5/5)

starts at $50 per month

Buildium is a web-based property management software that offers small and medium sized property management supports for handling this in an efficient way.  This tool makes sure you get to avoid paperwork, inc...

Categories: Facilities Management, Property Management, Property Management - Apartment, Property Management - HOA, Property Management - Rental Property.

Compare specifications

Compare features

Property Matrix: 5 Features

Billing & Invoicing
Property Management
Expense Management
CMMS
Contact Management

Buildium Property Manager: 20 Features

Automatic Data Backup
Automatic Property Mapping
Easy Data Migration
Email Owner Statements
Excel Export
File Storage
Maintenance Overview
Message Boards
Move Management
Online Rental Applications
Paperless Work Orders
PDF Export
Performance Metrics
Proactive System Notifications
Recurring Work Orders
Set up Auto Pay
Streamlined Work Orders
Tabbed Categories
Upload Documents
Vacancy Dashboard
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Property...
ITQlick rating
4.7/5
Score
80/100
Pricing
2.2/10
License pricing
$450 per month
Functionality
9
Compare
Buildium
ITQlick rating
4.5/5
Score
100/100
Pricing
2.8/10
License pricing
$50 per month
Functionality
25
Simplify...
ITQlick rating
4.3/5
Score
99/100
Pricing
2.6/10
License pricing
$25 per unit/month
Functionality
9
Rentec D...
ITQlick rating
4.7/5
Score
93/100
Pricing
2.4/10
License pricing
$35 per month
Functionality
25
Rent Man...
ITQlick rating
4.4/5
Score
90/100
Pricing
7/10
License pricing
$1 per unit/month
Functionality
12

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.