PayRent price and terms
Terms
- Free plan
- YesYesFree-for-five is $0/month for landlords with at least 5 occupied units, with unlimited units
The terms in full
bank transfers cost $9.95 each (unlocked after the first successful debit card payment), a one-time $10 setup fee applies when a bank is connected, and automated late fees, rent collection enforcement, document management and maintenance are excluded. Fall below 5 occupied units and after a 30-day grace period you move to Do-it-yourself at $29. Both paid plans also carry a 14-day free trial.
- Sign up without sales
- YesYes
What needs a higher plan
- Go-like-a-pro
- Leases signed online, Maintenance requests, Work orders to contractors
Where these prices come from
payrent.com/plans-and-pricing, checked
What we checked on PayRent
Cost for 25 units a month
$99 a month on Go-like-a-pro for 25 units. every rental unit counts, vacant or let, unless the vendor states it bills occupied units only Charged per 1 units: 25 × $0 (rent payment by bank transfer).
Go-like-a-pro ... $99 per month
Cost for 5 units a month
$99 a month on Go-like-a-pro for 5 units. every rental unit counts, vacant or let, unless the vendor states it bills occupied units only Charged per 1 units: 5 × $0 (rent payment by bank transfer).
On the page: Go-like-a-pro plan card, price cell
Cost for 50 units a month
$99 a month on Go-like-a-pro for 50 units. every rental unit counts, vacant or let, unless the vendor states it bills occupied units only Charged per 1 units: 50 × $0 (rent payment by bank transfer).
On the page: Go-like-a-pro plan card, price cell
What the price is based on
Priced per plan with a unit allowance: $0 for five or more units, $29 for 25 units, $99 for 50, with a stated price for each extra unit and billing for occupied units only.
Do-it-yourself is $29/month for 25 units ($4 each extra). Go-like-a-pro is $99/month for 50 units ($2 each extra).
Rent payment fees
Bank transfer costs $9.95 on the free plan, $5 on Do-it-yourself and nothing on Go-like-a-pro; landlord-paid bank transfer fees are deducted at deposit, while card fees always fall on the tenant.
Bank transfers are $9.95 / $5 / free. Debit is $19.95 flat. Credit is 3.5% + $6.95, paid by the tenant.
Minimum units or minimum fee
No account minimum at all, but the $0 Free-for-five plan requires five occupied units; fall below and after a grace period you move to the $29 plan.
Free-for-five is $0/month once you have 5 occupied units (30-day grace, then Do-it-yourself at $29 if you are still under 5).
Unit caps
Plans include a unit allowance rather than a cap: extra units are priced at $4 or $2 each, and the vendor states there is no maximum number of properties.
You can start your account with just one unit, and there is no minimum or maximum number of properties you can add.
Promotion and regular price
none — the three prices are plain monthly rates with no promotional period and no annual billing shown anywhere on the plans page.
Monthly plans you can upgrade, downgrade, or cancel at any time — easier to get out of than dinner with the in-laws.
Setup or onboarding fee
A one-time $10 account setup fee applies on Free-for-five and Do-it-yourself when you connect a bank account; Go-like-a-pro has none.
One-time $10 account setup fee on Free-for-five and Do-it-yourself when you connect a bank. Go-like-a-pro has no setup fee.
Listing your vacancy
PayRent publishes a single shareable listing page with photos and a contact form on every plan, but names no rental site it posts the listing to, and no feature for posting your listing on rental sites appears in its full feature inventory.
Publish a shareable page for your available units with photos, street view, and a contact form that sends renter inquiries straight to your inbox.
Online applications
Online applications collect household, employment, income and residential history through in-app partners on all plans, but the application fee amount is never published.
Get critical information about potential renters and their backgrounds through one of our in-app application partners.
Tenant screening
Credit, criminal and eviction reports are ordered from a marketplace of unnamed screening partners and the applicant pays the fee; neither the agency nor the price is published.
Invite your applicant to complete the tenant screening form online and pay the fee. We verify their information and deliver the report to your inbox.
Leases signed online
Legally binding e-signature on stored documents is limited to the top Go-like-a-pro plan, and the state lease templates themselves are downloaded from partner ezLandlordForms rather than built in PayRent.
Send documents to tenants and applicants to execute a legally binding e-signature. We track and notify you when it is completed.
State-specific leases
A lease guide and downloadable template is listed for all fifty states, but every download is an ezLandlordForms link and PayRent never claims attorney review of them.
Skip the time and cost of a lawyer. Get a clear, customizable lease agreement framework tailored to your property.
payrent.com/lease-agreementChecked
Rent collected online
Tenants pay by bank transfer from any US bank or by card, and funds typically reach the landlord in 3 to 5 business days depending on plan — 3-day Express Funding on Go-like-a-pro.
Depending on your service plan, funds typically arrive in 3 to 5 business days. Do-It-Yourself includes standard 5-day funding; Go-Like-A-Pro…
Autopay and reminders
Renters can schedule recurring payments ahead of the due date on every plan, and automated reminders go out three days before rent is due without the landlord doing anything.
Renters are automatically reminded 3-days in advance of rent coming due increasing the likelihood of on-time payments.
Late fees
Late fees apply themselves from the policy you set per property, but the feature is withheld from the free plan and needs Do-it-yourself or Go-like-a-pro.
Automatically add late fees when rent is past due to help keep rent payments on schedule.
Partial payments
Blocking partial payments is a headline control included on every plan, and a landlord can also leave partial payments allowed per property if they prefer flexibility.
Require renters to pay the full balance due and gain greater control over your cash flow.
Security deposits
Deposits can be charged as an additional fee assessment added automatically to the renter's billing account, but only on the two paid plans and with no separate deposit trust tracking described.
Include security deposits or parking fees when you create your property and automatically add them to a renter's billing account.
Rent paid in cash
The accepted payment list is bank transfer and the four major card brands; the vendor describes cash as a method to move away from rather than one it supports.
We currently accept direct bank transfers (echecks, ACH) from any U.S.-based bank or credit union, as well as Visa, MasterCard, Discover and American…
Rent receipts
Tenants see full payment history in the renter dashboard and get a confirmation email that serves as a receipt, but a full payment history has to be pulled by support rather than downloaded.
When a payment is completed you will receive a confirmation email that can serve as a receipt of payment.
Rent reported to credit bureaus
On-time and late rent is reported to all three bureaus free on every plan; the tenant must opt in with birth date and SSN and can only stop it by contacting support.
Tenants who pay their rent online through PayRent can report on-time rent payments to all three major credit bureaus for free.
Maintenance requests
Maintenance exists only on the $99 Go-like-a-pro plan, handled by the Geni assistant coordinating requests, and the comparison table leaves the row blank on both cheaper plans.
Geni coordinates maintenance requests with the landlord's own vendors, and the landlord pays them in PayRent. Included on Go-Like-A-Pro.
Work orders to contractors
On the top plan the landlord's own vendors are coordinated and paid inside PayRent, but the vendor describes coordination rather than a work-order document, and nothing is available on cheaper plans.
Geni coordinates maintenance requests with your own vendors. You pay the vendor in PayRent, and you confirm any charge to the resident.
Income and expenses by property
Every renter has a running ledger of charges, credits and payments and transactions export with settlement details, but PayRent offers no expense tracking or income-and-expense report by property.
Track every charge, credit, and payment in one balance to help balance your books at a glance.
Schedule E report
Reporting is limited to a filtered transaction download for statements or QuickBooks import; the feature inventory contains no tax or Schedule E report of any kind.
Download a filtered list of transactions to produce billing statements or import files for QuickBooks.
Bank accounts from the vendor
PayRent only moves money to a bank account you already have: each landlord account settles to a single external bank account, and it never opens accounts for you.
Each landlord account currently supports a single bank account as a settlement account. There is no limit to how many PayRent accounts you can have.
A bank account per property
One settlement bank account per landlord account, so sending each property's rent to its own account means opening a separate PayRent account rather than paying for an extra account.
On the page: FAQ, "Can I distribute funds to multiple accounts?"
QuickBooks
There is no live QuickBooks Online sync: PayRent only produces a downloadable filtered transaction file described as a QuickBooks import file, on every plan.
Transaction export. Download filtered transactions for statements or QuickBooks import files.
Tenant app
Every plan includes a web tenant portal for paying, scheduling and tracking balances from any device, but the vendor states plainly there is no mobile app.
We do not have a mobile app at this time. However, PayRent's website is fully mobile-responsive and easy to use on any smartphone or tablet
Renters insurance
On every plan a landlord can require proof of renters insurance and track it per renter, and tenants can also buy a policy inside the app.
Require proof of renters insurance or purchase insurance directly in our app to limit your liability and reduce insurance premiums.
AI features
Geni answers portfolio questions from live data, invites renters, adds billing items, improves listing copy and coordinates maintenance, and an MCP server lets an outside assistant do the same work.
Ask about occupancy, vacancies, and renter balances in plain language, and let Geni invite renters, add billing items, sharpen your listing copy, or…
Free plan or trial
Free-for-five is $0 a month for landlords with five or more occupied units, but each bank transfer then costs $9.95 and a $10 setup fee applies when you connect a bank.
Free-for-five is completely free for landlord with a minimum of 5 occupied units.
Sign up without a sales call
Sign-up is self-serve from every page with no card required, and a Calendly demo is offered as an option rather than a requirement.
Sign up and start taking payments securely in just minutes. No credit card required.
Contract and cancelling
Month to month with no contracts: plans are billed every 30 days, can be upgraded or downgraded from the dashboard at any time, and changes are prorated.
Yes. You can upgrade or downgrade your service plan at any time from within the landlord dashboard. There are no contracts.
Support
In-app live chat on every plan, a help centre and email with a 24-hour target; no phone number or published support hours appear anywhere on the site.
Visit our help center to find answers to most questions, chat with us live, or send us an email anytime at contact@payrent.com — we'll do our best to…
payrent.com/aboutChecked
Getting your data out
You can download a filtered transaction list with settlement details on any plan, but the vendor documents no export of tenants, leases or full ledgers, and support must pull a renter's full history.
On the page: All Features, Product section, Transaction Export
Property types
Dedicated pages address single-family residential, small multifamily buildings, per-bed student housing and commercial rent collection; nothing claims affordable-housing compliance.
Student housing doesn't rent by the unit. It rents by the bed, and rent collection should work the same way.
Still sold
live — sign-up is open on all three plans, the pricing and feature pages are current, and the AI assistant and MCP connection are presented as shipped features.
Sign-up for Free and Accept Payments Instantly
PayRent alternatives
All 9 alternatives6 more alternatives
All 9 publish a price.
- AvailFrom $9 a seat a monthFree all-in-one software for do-it-yourself landlords: listings, screening, leases, rent and repairs.
- HemlaneFree, then $36.50 a monthRental management software with optional 24/7 repair coordination and leasing help, priced per unit.
- InnagoFreeFree rental management software for small landlords, paid for by tenant payment and screening fees.
- Landlord StudioFree, then $15 a monthRental listings, screening, rent collection and landlord bookkeeping in one app, free for up to three units.
Is this yours?
Own this product? Claim the page free to see who reads it and show it is yours. You confirm it with an email at payrent.com.
Report an error if a fact is wrong.