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Research snapshot · September 14, 2026 · Sources & methodology

Choose up to three platforms. Selections stay in this browser and can be shared through the comparison URL. Product scopes differ: a free landlord tool is not an enterprise accounting implementation.

Comparing AppFolio, Buildium, and DoorLoop.

Side-by-side research comparison. Figures retain source dates and scope; unknown does not mean zero.
Research fieldAppFolioBuildiumDoorLoop
Platform overview
Corporate groupAppFolioRealPage / Thoma BravoDoorLoop
Product categoryCloud property-management operating systemProperty management for small and midsize professional portfoliosCloud property-management platform
Founded / approximate age2006 · approximately 20 yearsCompany founding year Sources S0132004 · approximately 22 yearsCompany founding; current homepage states product launch in 2008 Sources S053, S0542019 · approximately 7 yearsCompany founding; software launched in 2021 Sources S073
Typical customerProfessional residential and mixed-portfolio property managersProfessional managers of smaller and midsize residential portfoliosIndependent landlords and growing professional property managers
Pricing & fees
Starting subscriptionCustom quotePlan, modules & portfolio determine price · Quote-based Core, Plus and Max plans Sources S019From $62/moEssential starting price · portfolio-scaled · Tiered subscription, increasing with portfolio size Sources S057From $69/moAnnual-billed equivalent · up to 10 units · Unit-scaled Starter, Pro and Premium subscriptions; annual and monthly billing Sources S079
Plans & billing basisCurrent dollar rates not publicly posted; Core, Plus and Max require a sales quoteEssential from $62/month; Growth from $192/month; Premium from $400/monthUp to 10 units: annual-billed monthly equivalents Starter $69, Pro $149, Premium $209; month-to-month $99/$189/$239
Minimums & commitmentsCore has a 50-unit minimum and a minimum-spend condition; current dollar minimum not disclosed Sources S019Essential advertised starting price; actual charge depends on unit count Sources S057Starter for up to 10 units; $69/month equivalent when billed annually, $99 month-to-month Sources S079
Screening chargesNo universal screening fee verified Sources S019No universal screening fee verified Sources S057No universal screening fee verified Sources S079
Payment feesPayments, screening and other value-added services may have separate fees; obtain written quoteIncoming EFT, card, screening and electronic-signature charges vary by plan; current card rate listed at 2.99%ACH and electronic-signature fees vary by plan; screening and merchant-account setup can add charges
Setup & contractsImplementation, modules and contract terms require quote reviewOnboarding required for Growth and Premium; verify portfolio-specific quote and service chargesPortfolio-dependent onboarding fee; 300+ units custom quote; temporary promotions excluded
Apps & access
Website / web applicationWebsite: Yes · Web app: YesWebsite: Yes · Web app: YesWebsite: Yes · Web app: Yes
iOS app namesAppFolio Property Manager; Online Portal by AppFolioBuildium; Resident CenterDoorLoop
Android app namesOnline Portal by AppFolio (resident app verified)Buildium; Resident CenterDoorLoop
Manager mobile accessAppFolio Property Manager native iOS app verified; browser application; separate resident mobile ecosystemBuildium web app and native manager appDoorLoop web application and native iOS/Android manager apps
Resident web accessOnline Portal by AppFolioResident CenterRole-based tenant portal
Important app caveatAndroid availability is directly verified for the resident portal; no unsupported claim of full manager-app feature parity.Manager and resident apps have different permissions; free app download does not make the manager subscription free.Separate standalone resident app is not assumed; features depend on role, account and plan.
Operating scale
CustomersExact reported count 22,751Property-management customers · 2026-06-30 Sources S016, S017, S018More than 17,000Customers reported at acquisition; historical, not verified current count · 2019-12-18 Sources S056, S054Not disclosedCurrent company claim is qualitative: tens of thousands of customers; no exact figure verified Sources S077, S078
Operational propertiesNot disclosedNot publicly disclosed / not verified Sources S016, S017, S018Not disclosedNot publicly disclosed / not verified Sources S056, S054Not disclosedNot publicly disclosed / not verified Sources S077, S078
Advertising propertiesNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S056, S054Not disclosedNot verified as a separate numeric population Sources S077, S078
Active rental listingsNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S056, S054Not disclosedNot verified as a separate numeric population Sources S077, S078
UnitsApproximately 9.6MUnits under management on the property-management platform; not tenants · 2026-06-30 Sources S016, S017, S018Approximately 2MResidential units reported at acquisition · 2019-12-18 Sources S056, S054Not disclosedHistorical company wording: hundreds of thousands of units in 2023; no exact updated count verified Sources S077, S078
LeasesNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S056, S054Not disclosedNot verified as a separate numeric population Sources S077, S078
Residents / tenantsNot disclosedNot publicly disclosed / not verified; units are not converted to people Sources S016, S017, S018Not disclosedNot publicly disclosed / not verified; units are not converted to people Sources S056, S054Not disclosedNot publicly disclosed / not verified; units are not converted to people Sources S077, S078
Comparability & overlapA customer can manage many units. Unit and customer totals are dated June 2026 and do not represent distinct resident people. Precise numeric figures are from 2019. Current homepage is qualitative. Do not label this 2026 scale or add it to parent RealPage totals. Wholly owned by RealPage; separate product row within the same corporate group.Qualitative scale is preserved as text. No arbitrary midpoint or lower-bound number is manufactured; unique properties and tenants are undisclosed.
Value & funding
Public company / parent cap$7.38BAppFolio corporate equity, not a separate product valuation · snapshot 2026-09-12 · not live Sources S002No public-market snapshotPrivate RealPage subsidiary Sources S055No public-market snapshotPrivate; growth-equity backed Sources S076
Historical value referenceNot establishedNo completed numeric historical valuation recorded Sources S002$580MAcquisition purchase price · 2019-12-18 · Historical completed RealPage acquisition; not current standalone value Sources S055$500MMedia-reported approximate private-round equity valuation · 2024-10-29 · Approximately $500M; not company-confirmed and not a current mark Sources S076
Disclosed financing$30MApproximate historical pre-IPO private rounds; secondary reconstruction Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S014, S015$65MAt least one disclosed $65M growth investment; not a complete lifetime VC total Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S053$130MTotal disclosed seed, Series A and growth-equity Series B; not classified as pure VC only Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S073, S074, S075
InvestorsIGSB; other historical investors not exhaustively verifiedSumeru Equity Partners; earlier financing not exhaustively quantifiedJMI Equity; Alpine Software Group / Alpine Investors
Reported exit targetNot recordedAn exit target is not a completed valuationNot recordedAn exit target is not a completed valuationNot recordedAn exit target is not a completed valuation
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Ten products, nine corporate groups. RealPage owns Buildium. This is a major-platform shortlist, not a universal quality ranking. Financial values, customer counts, and properties are not added together. Read the methodology.