Compare TheHouseMonk and Buildium - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - TheHouseMonk or Buildium?

Buildium is more expensive to implement (TCO) than TheHouseMonk, and Buildium is rated higher (100/100) than TheHouseMonk (64/100). Buildium offers users more features (20) than TheHouseMonk (0).

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:

TheHouseMonk Vs. Buildium

TheHouseMonk: The platform helps users manage their real estate assets through integrated accounting, ticketing, communication, and visitor management products. Rental managers, building managers, co-living and co-working operators, HOAs and facility management companies benefit immensely from our platform which has both mobile and web based applications.

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? TheHouseMonk or Buildium Property Manager?

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 TheHouseMonk and Buildium Property Manager.

TheHouseMonk price starts at $149 per month , On a scale between 1 to 10 TheHouseMonk is rated 2, which is much lower than the average cost of Property Management 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 software cost.

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

Which software includes more/better features?

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

TheHouseMonk: We are still working to collect the list of features for TheHouseMonk.

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

Target customer size

TheHouseMonk's typical customers include: Small, medium and large size businesses, Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource.