Property Management Software

Business Idea: Build A Property Management Software in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$600K
Avg Startup Costs
$16.8K
Market Size
Avg Revenue
Avg Days To Build
272 days

Property management software is a specialized tool designed to help individuals or companies efficiently oversee and organize their real estate assets.

It streamlines tasks such as rent collection, lease tracking, maintenance scheduling, and financial reporting, making it an essential solution for those involved in property management.

Developing and offering property management software can be lucrative due to the increasing demand for automated solutions that save time, reduce manual errors, and enhance operational efficiency in the dynamic real estate industry.

Revenue & Profitability

How much do property management softwares make?

Startup Costs

How much does it cost to Build a property management software?

  • It can cost as low as $50,000 to Build a property management software.
  • It can cost as high as $250,000 to Build a property management software.

Learn more about the costs of a property management software.

Examples Of Successful Property Management Softwares

Successful property management software businesses and case studies

TenantCloud is a leading property management software designed to assist DIY landlords in managing their rental properties, with revenue projected to reach almost $15 million by the end of 2021.

$1M Monthly Revenue
$250K Startup Costs
Read by 5,189 founders

Casa Mia Coliving, a sustainable and modern co-living and property management company in Singapore offering affordable accommodation, has an annualized revenue of $2.5M with 150 bedrooms across popular neighborhoods, attracting young professionals and boasting a 10x LTV/CAC ratio, all while focusing on unit economics and profitable growth.

$200K Monthly Revenue
Read by 4,298 founders

See full list of successful property management softwares.