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Apartments.com Rental Manager description
Apartments.com Rental Manager (now CoStar Real Estate Manager) is an all-in-one property management software designed for large companies with complex real estate needs. It helps manage office and retail leases, automating tasks such as rent collection, lease renewals, and accounting compliance (including ASC 842). The platform offers a centralized system for accounting and real estate teams to collaborate, providing market data analysis, portfolio planning tools, and automated reporting features. CoStar Real Estate Manager focuses on providing expert support and a smooth implementation process for its clients.
Who is Apartments.com Rental Manager best for
CoStar Real Estate Manager (formerly Apartments.com Rental Manager) is a robust platform for large companies with complex real estate portfolios. It streamlines lease management, accounting, and reporting, offering a centralized system for efficient collaboration. Users appreciate the user-friendly interface and online payment system but have noted difficulties with adding property addresses and slower payment processing. Targeted towards optimizing portfolio management for office and retail spaces, CoStar Real Estate Manager provides a comprehensive solution for large-scale real estate operations.
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Best for large enterprises seeking an all-in-one real estate management solution.
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Ideal for businesses in the real estate and construction industry managing office and retail leases.
Apartments.com Rental Manager features
| Supported Automates rent collection, lease renewals, and accounting compliance, including ASC 842. |
| Supported Provides a centralized platform for accounting and real estate teams to collaborate. |
| Supported Offers market data analysis, portfolio planning tools, and automated reporting. |
| Supported Automates lease remeasurements and retrospective true-up journal entries. |
| Supported Offers continuous lease change alerts and discount rate matching. |
| Supported Provides standard and ad-hoc reporting capabilities. |
| Supported Integrates CoStar market data for portfolio planning and analysis. |
Apartments.com Rental Manager reviews
We've summarised 21 Apartments.com Rental Manager reviews (Apartments.com Rental Manager G2 reviews) and summarised the main points below.
- User-friendly interface and easy to navigate.
- Free to use for basic features like rent collection and applications.
- Convenient online payment system for tenants.
- Wide syndication of listings to multiple platforms.
- Centralized platform for managing rental properties and tenant information.
- Difficult to add property addresses, impacting usability for some users.
- Slow payment processing times unless additional fees are paid.
- Limited features compared to some competitors.
- Customer support can be slow and difficult to reach.
- Not ideal for renting individual rooms within a property.
Apartments.com Rental Manager pricing
The commentary is based on 5 reviews from Apartments.com Rental Manager G2 reviews.
Apartments.com Rental Manager is praised for its free core offering for landlords and property managers. While some reviewers mention added fees for expedited payments, the overall sentiment highlights its affordability and cost-effectiveness for managing rentals.
Apartments.com Rental Manager alternatives
TenantCloudBetter fit for landlords managing properties of all sizes. Has greater momentum than Apartments.com Rental Manager. Offers a free version.Read more
Apartments.comBetter for finding apartments and listings due to its wider reach. Specifically designed for commercial lease management and analysis, not property management. Offers a maintenance request portal. Negative pricing sentiment.Read more
BuildiumBetter for residential property management, including single-family, multi-family, and community associations. Caters to a wider range of business sizes, from individual landlords to large companies.Read more
OccupierBetter for medium-sized businesses. Has stronger momentum based on employee growth. Focuses on lease management and accounting collaboration within businesses. Offers document management integration and custom reporting. An Apartments.com Rental Manager competitor and alternative.Read more
Re-LeasedBetter for medium-sized businesses. Focuses on commercial property management. Offers tenant and owner portals, reporting, and maintenance request features. Has grown faster. Users praise customer support and streamlined processes but note some limitations with integrations and reporting. Negative pricing sentiment.Read more
Avail, by Realtor.comBetter fit for smaller landlords. Has a free version. Apartments.com Rental Manager is growing faster.Read more
Apartments.com Rental Manager FAQ
What is Apartments.com Rental Manager and what does Apartments.com Rental Manager do?
Apartments.com Rental Manager (now CoStar Real Estate Manager) streamlines property management for large companies. It automates rent collection, lease renewals, and accounting, offering a centralized platform with market data analysis and reporting tools. It's ideal for managing office and retail leases.
How does Apartments.com Rental Manager integrate with other tools?
Apartments.com Rental Manager, now CoStar Real Estate Manager, integrates with CoStar's market data platform, providing valuable insights for portfolio optimization. It centralizes lease management, accounting, and reporting functions into one system. Further integration details are limited.
What the main competitors of Apartments.com Rental Manager?
Alternatives to Apartments.com Rental Manager include TenantCloud, Avail, Buildium, Occupier, and Re-Leased. These competitors offer various property management solutions, catering to different needs and property types.
Is Apartments.com Rental Manager legit?
Apartments.com Rental Manager, now CoStar Real Estate Manager, is a legitimate software. It's a robust platform offering features for lease management, rent collection, and accounting compliance, suitable for large companies with complex real estate needs. User reviews are positive about its user-friendly interface and online payment system.
How much does Apartments.com Rental Manager cost?
I couldn't find pricing information for Apartments.com Rental Manager. Contact Apartments.com directly to discuss product pricing and determine if it's worth it for your needs.
Is Apartments.com Rental Manager customer service good?
While Apartments.com Rental Manager users appreciate the platform's ease of use and automation features, some have reported slow customer support responsiveness. Others suggest the support team is helpful and quick to address concerns.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.