Compare Property Matrix and Rent Manager - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Property Matrix or Rent Manager?

Rent Manager is more expensive to implement (TCO) than Property Matrix, and Rent Manager is rated higher (90/100) than Property Matrix (80/100). Rent Manager offers users more features (8) 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. London Computer Systems, Inc.

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...

London Computer Systems, Inc.: Incorporated in 1988 and headquartered in Cincinnati, London Computer Systems (LCS) is a developer of business-critical software technologies used in all 50 states and several markets throughout the world. LCS products include Rent Manager®, one of the most widely-used property management and accounting solutions in the real estate industry, Net Di...

Who is more expensive? Property Matrix or Rent 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 Rent 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. Rent Manager price starts at $1 per unit/month , When comparing Rent Manager to its competitors, the software is rated 6 - similar to the average Property Management - Rental Property software cost.

Bottom line: Rent Manager is more expensive than Property Matrix.

Which software includes more/better features?

We've compared Property Matrix Vs. Rent Manager 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.

Rent Manager: Automatic Data Backup, Automatic Property Mapping, Email Owner Statements, Events Calendar, Excel Export.

Target customer size

The software is a viable product for businesses of all sizes. The software can be used for property management of midsized properties ranging from 200 to 1000 units.