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AppFolio vs Rent Manager comparison

Explore AppFolio and Rent Manager without dropping the pricing conditions, app roles, or scope behind the published figures.

Research snapshot · September 14, 2026 · Sources & methodology

A research comparison, not a performance verdict. The records below retain original plan conditions, metric dates, and source limitations. Choose the platform that demonstrates your required workflow under a documented quote.

AppFolio

AppFolio · Est. 2006

Professional residential and mixed-portfolio property managers

Professional managementWeb + mobile ecosystem
Entry pricingCustom quotePlan, modules & portfolio determine price
OwnershipPublic companyPublic company

Rent Manager

London Computer Systems · Est. 1987

Professional managers needing configurable operations across varied rental portfolios

Professional managementWeb + mobile ecosystem
Entry pricingCustom quotePlan, modules & portfolio determine price
OwnershipPrivate groupPrivate

How to read this comparison

AppFolio and Rent Manager should be evaluated against the same portfolio brief and representative operating scenarios. The original research records their product categories, customer descriptions, plan boundaries, and app-role caveats rather than assigning unsupported feature-performance scores.

Public company scale and operating populations describe different evidence from a subscription quote. Ask each provider to demonstrate the proposed configuration and itemize the required recurring and implementation charges. Preserve historical source dates when interpreting customer, unit, or financing figures.

Side-by-side source data

Side-by-side research comparison. Figures retain source dates and scope; unknown does not mean zero.
Research fieldAppFolioRent Manager
Platform overview
Corporate groupAppFolioLondon Computer Systems
Product categoryCloud property-management operating systemConfigurable property-management software
Founded / approximate age2006 · approximately 20 yearsCompany founding year Sources S0131987 · approximately 39 yearsLCS business founded 1987; incorporated 1988 Sources S067
Typical customerProfessional residential and mixed-portfolio property managersProfessional managers needing configurable operations across varied rental portfolios
Pricing & fees
Starting subscriptionCustom quotePlan, modules & portfolio determine price · Quote-based Core, Plus and Max plans Sources S019Custom quotePlan, modules & portfolio determine price · Quote-based Basic, Plus and Premium packages Sources S070
Plans & billing basisCurrent dollar rates not publicly posted; Core, Plus and Max require a sales quoteCurrent dollar rates not publicly verified; Basic, Plus and Premium require quote
Minimums & commitmentsCore has a 50-unit minimum and a minimum-spend condition; current dollar minimum not disclosed Sources S019Confirm minimums in a written quote Sources S070
Screening chargesNo universal screening fee verified Sources S019No universal screening fee verified Sources S070
Payment feesPayments, screening and other value-added services may have separate fees; obtain written quotePayment, text, phone, website and other services can have separate fees
Setup & contractsImplementation, modules and contract terms require quote reviewMobile/automation inclusions differ by tier; verify migration, user and integration scope
Apps & access
Website / web applicationWebsite: Yes · Web app: YesWebsite: Yes · Web app: Yes
iOS app namesAppFolio Property Manager; Online Portal by AppFoliormAppSuite Pro
Android app namesOnline Portal by AppFolio (resident app verified)rmAppSuite Pro
Manager mobile accessAppFolio Property Manager native iOS app verified; browser application; separate resident mobile ecosystemWeb/online management environment plus rmAppSuite Pro
Resident web accessOnline Portal by AppFolioTenant Web Access; rmResident mobile ecosystem
Important app caveatAndroid availability is directly verified for the resident portal; no unsupported claim of full manager-app feature parity.Overall iOS/Android availability directly verified through operator app; resident-app store parity not separately asserted.
Operating scale
CustomersExact reported count 22,751Property-management customers · 2026-06-30 Sources S016, S017, S018More than 10,000Property-management companies using Rent Manager · 2026-04-07 (also on current about page) Sources S068, S069, S062
Operational propertiesNot disclosedNot publicly disclosed / not verified Sources S016, S017, S018Not disclosedNot publicly disclosed / not verified Sources S068, S069, S062
Advertising propertiesNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S068, S069, S062
Active rental listingsNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S068, S069, S062
UnitsApproximately 9.6MUnits under management on the property-management platform; not tenants · 2026-06-30 Sources S016, S017, S018Approximately 5.75MCore software units supplied by vendor to Propexo · 2026-07-01 Sources S068, S069, S062
LeasesNot disclosedNot verified as a separate numeric population Sources S016, S017, S018Not disclosedNot verified as a separate numeric population Sources S068, S069, S062
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 S068, S069, S062
Comparability & overlapA customer can manage many units. Unit and customer totals are dated June 2026 and do not represent distinct resident people. Customer and unit dates differ. Units cover multiple rental property types and are not resident-person counts.
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 Sources S068
Historical value referenceNot establishedNo completed numeric historical valuation recorded Sources S002Not establishedNo defensible current private valuation verified Sources S068
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, S015Not disclosedNo verified public cumulative VC funding amount; do not infer zero Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S068
InvestorsIGSB; other historical investors not exhaustively verifiedNot disclosed / not verified
Reported exit targetNot recordedAn exit target is not a completed valuationNot recordedAn exit target is not a completed valuation