RentMoola
Lease administration software
Property management software
Rental payment software
Real estate software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if RentMoola and its alternatives fit your requirements.
Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
-
What is RentMoola
RentMoola is a rental payment platform that enables tenants to pay rent online and supports property managers and landlords in collecting and reconciling payments. It is used in residential rental operations to accept electronic payments and manage payment-related workflows. The product focuses on rent collection and payment processing rather than full lease accounting or enterprise lease administration.
Online rent payment collection
Supports digital rent payments, reducing reliance on checks and manual collection. This aligns with the core needs of small to mid-sized rental operators that prioritize payment acceptance and tenant convenience. It is more focused on payments than broader real estate and facilities suites in the reference set.
Tenant-facing payment experience
Provides a tenant-oriented workflow for submitting rent payments electronically. This can reduce administrative back-and-forth associated with late or missing payments. The emphasis is on the payment transaction and related communication rather than end-to-end property operations.
Simpler scope than ERPs
A narrower product scope can make deployment and day-to-day use less complex than enterprise real estate management platforms. Teams that do not need lease accounting, facilities management, or complex portfolio reporting can avoid implementing broader systems. This can be a practical fit for organizations primarily seeking rent collection capabilities.
Limited lease administration depth
The product’s core focus is rent payments, not comprehensive lease administration. Organizations needing lease abstraction, critical date management, complex clauses, or audit-ready lease accounting workflows may require additional software. This is a common gap versus dedicated lease administration tools in the reference set.
Not a full property suite
Property management capabilities may be limited compared with full property management systems that cover leasing, maintenance, inspections, and resident lifecycle workflows. Teams looking for an all-in-one operating platform may need integrations or separate systems. This can increase process fragmentation across leasing, operations, and accounting.
Integration details may vary
Payment platforms often depend on integrations for accounting, bank reconciliation, and portfolio reporting. If prebuilt integrations are limited or require custom work, implementation effort can increase. Buyers should validate supported accounting systems, export formats, and API availability during evaluation.
Plan & Pricing
Pricing model: Pay-as-you-go (transaction/service fees charged per payment; platform/demo pricing for property managers requires contacting sales)
Free tier/trial: No public permanent "free plan" or time-limited free trial for property managers is published on the vendor site; tenants can create Letus accounts and pay per transaction.
Example costs (official vendor pages):
- Bank account (chequing/checking): US $1.99 (or marked “Free*” when the property manager elects to cover the fee).
- Visa/MasterCard debit (from bank account): US $6.99 (US) / 0.99% (CA).
- Visa/MasterCard credit & prepaid debit cards: 2.99% (US) / 2.50% (CA).
- American Express: 3.99% (US & CA).
- UnionPay: 3.99% (CA) / N/A (US, acceptance discretionary).
- International, business & all other cards: 3.99%.
- In-store cash (point-of-sale / barcode): CA $6.95 / US $3.99.
- Optional Credit-Reporting (tenant add-on): $60 annually (tenant-charged subscription; property manager may elect to cover the fee).
Discounts / notes: Service fees vary by payment method and by property manager; some property managers choose to cover all or part of the fees. Fees are shown as a separate line on receipts and are non-refundable per the vendor Terms. Bank-account (chequing) transactions are domestic only; property managers should be contacted to confirm exact fees for their property.
Seller details
RentMoola
