AppFolio
AppFolio · Est. 2006
Professional residential and mixed-portfolio property managers
Rent Manager
London Computer Systems · Est. 1987
Professional managers needing configurable operations across varied rental portfolios
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
| Research field | AppFolio | Rent Manager |
|---|---|---|
| Platform overview | ||
| Corporate group | AppFolio | London Computer Systems |
| Product category | Cloud property-management operating system | Configurable property-management software |
| Founded / approximate age | 2006 · approximately 20 yearsCompany founding year Sources S013 | 1987 · approximately 39 yearsLCS business founded 1987; incorporated 1988 Sources S067 |
| Typical customer | Professional residential and mixed-portfolio property managers | Professional managers needing configurable operations across varied rental portfolios |
| Pricing & fees | ||
| Starting subscription | Custom quotePlan, modules & portfolio determine price · Quote-based Core, Plus and Max plans Sources S019 | Custom quotePlan, modules & portfolio determine price · Quote-based Basic, Plus and Premium packages Sources S070 |
| Plans & billing basis | Current dollar rates not publicly posted; Core, Plus and Max require a sales quote | Current dollar rates not publicly verified; Basic, Plus and Premium require quote |
| Minimums & commitments | Core has a 50-unit minimum and a minimum-spend condition; current dollar minimum not disclosed Sources S019 | Confirm minimums in a written quote Sources S070 |
| Screening charges | No universal screening fee verified Sources S019 | No universal screening fee verified Sources S070 |
| Payment fees | Payments, screening and other value-added services may have separate fees; obtain written quote | Payment, text, phone, website and other services can have separate fees |
| Setup & contracts | Implementation, modules and contract terms require quote review | Mobile/automation inclusions differ by tier; verify migration, user and integration scope |
| Apps & access | ||
| Website / web application | Website: Yes · Web app: Yes | Website: Yes · Web app: Yes |
| iOS app names | AppFolio Property Manager; Online Portal by AppFolio | rmAppSuite Pro |
| Android app names | Online Portal by AppFolio (resident app verified) | rmAppSuite Pro |
| Manager mobile access | AppFolio Property Manager native iOS app verified; browser application; separate resident mobile ecosystem | Web/online management environment plus rmAppSuite Pro |
| Resident web access | Online Portal by AppFolio | Tenant Web Access; rmResident mobile ecosystem |
| Important app caveat | Android 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 | ||
| Customers | Exact reported count 22,751Property-management customers · 2026-06-30 Sources S016, S017, S018 | More than 10,000Property-management companies using Rent Manager · 2026-04-07 (also on current about page) Sources S068, S069, S062 |
| Operational properties | Not disclosedNot publicly disclosed / not verified Sources S016, S017, S018 | Not disclosedNot publicly disclosed / not verified Sources S068, S069, S062 |
| Advertising properties | Not disclosedNot verified as a separate numeric population Sources S016, S017, S018 | Not disclosedNot verified as a separate numeric population Sources S068, S069, S062 |
| Active rental listings | Not disclosedNot verified as a separate numeric population Sources S016, S017, S018 | Not disclosedNot verified as a separate numeric population Sources S068, S069, S062 |
| Units | Approximately 9.6MUnits under management on the property-management platform; not tenants · 2026-06-30 Sources S016, S017, S018 | Approximately 5.75MCore software units supplied by vendor to Propexo · 2026-07-01 Sources S068, S069, S062 |
| Leases | Not disclosedNot verified as a separate numeric population Sources S016, S017, S018 | Not disclosedNot verified as a separate numeric population Sources S068, S069, S062 |
| Residents / tenants | Not disclosedNot publicly disclosed / not verified; units are not converted to people Sources S016, S017, S018 | Not disclosedNot publicly disclosed / not verified; units are not converted to people Sources S068, S069, S062 |
| Comparability & overlap | A 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 S002 | No public-market snapshotPrivate Sources S068 |
| Historical value reference | Not establishedNo completed numeric historical valuation recorded Sources S002 | Not 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, S015 | Not 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 |
| Investors | IGSB; other historical investors not exhaustively verified | Not disclosed / not verified |
| Reported exit target | Not recordedAn exit target is not a completed valuation | Not recordedAn exit target is not a completed valuation |