How much does RentEngine cost? [2024]

Don't pay for software, pay for results.

RentEngine is the first platform that actually handles every step of the leasing process. This includes 24/7 lead response, guided showings, consistent follow-ups, and deep tenant screening. You simply add your empty rentals and approve qualified applicants, RentEngine does the rest.

RentEngine takes a simple approach with pricing: no onboarding fees, no monthly fees, and no long-term contracts. It's just $300-$500 per leased rental.

Discover how you can use RentEngine to automate your leasing, save time, and save money.

Why Consider RentEngine to Automate Your Leasing?

RentEngine helps simplify your operations, reduce costs and save time. Property managers and investors that use RentEngine report 16 hours saved per vacancy.

Here’s how:

Marketing across 100+ websites, with bi-weekly performance & comps analysis
24/7 team that immediately responds & answers questions from prospective tenants
Remote-guided showings for higher lead conversion and increased security
Consistent follow ups until application submitted
Pay for results, no upfront fees or subscriptions

“Utilizing RentEngine was a great resource to me. Their system allowed for tours to be booked and conducted at all hours and any day through an almost autonomous process. As a landlord, I appreciate RentEngine as a resource.”

-Sam Schwartz, Partner @ SLS Capital Group

RentEngine keeps things simple. No onboarding fees, no monthly fees, no long-term contracts — just pay for results.

Understanding RentEngine's Pricing Model

RentEngine offers the most cost-effective property leasing service on the market; just $300-$500 per signed lease. This is ideal for property managers and investors who are tired of spending hundreds of dollars on leasing costs, through in-house staff time or outside realtor fees.

RentEngine users enjoy the transparent pricing model and report 16 hours saved per empty rental. They now have more time to grow their business, or simply take the weekend off from juggling leasing tasks like giving showings and answering prospective tenant phone calls.

There are a few other leasing automation software options on the market, like Tenant Turner and ShowMojo.

Tenant Turner charges $1 per unit per month, even if the unit is occupied. They do not offer the full leasing experience like RentEngine, so if you have a portfolio of 1,000 units, you can expect to pay $1,000/month for Tenant Turner software plus the cost of your leasing team.

The same is true for ShowMojo. You'll have to review each pricing tier (Classic, Pro and Ultra) to decide which is best for your needs. If you have a portfolio of 1,000 units, you can expect to pay anywhere form $300-$1,900/month plus the cost of your leasing team.

With RentEngine, it’s free to get started and there are no hidden fees or surprises. If you’re looking for a cost-effective and transparent leasing solution, it’s important that your incentives are aligned. The RentEngine team is continuously improving their leasing experience and speed because they only get paid when the job is done. No contracts, no nonsense, pay-for-performance. Refreshing, right?

What Does RentEngine Cover?

Every week that your rental is vacant, you’re losing hundreds of dollars. RentEngine’s transparent, pay-for-performance model benefits investors and PM teams in more ways than one.

RentEngine leases 2x faster than traditional leasing methods because they’re equipped with 24/7 immediate responses, conveniently schedule showings, consistent follow ups and best-in-class marketing. Instead of spending time on these tedious tasks, you and your team can focus on expanding your business.

If you use an outside realtor, you know that rental fees are expensive. RentEngine helps you save hundreds (sometimes thousands) in leasing costs while increasing profitability with a simple $300-$500 per-signed-lease pricing structure.

Here's what you get:

✓ Access to the RentEngine platform

✓ Access to Arrow, the first-of-its-kind rental comps and pricing tool

✓ Marketing optimization & syndication

✓ Immediate 24/7 lead response

✓ Prospect pre-screening

✓ Remote-guided showings

✓ Consistent follow-ups

✓ Application & screening

FAQs on RentEngine's Pricing

Are there long term contracts?

Nope. It’s 100% free to get started and add your properties. You only pay when the lease is signed.

What happens if my rental doesn’t lease?

RentEngine offers pay-for-performance pricing, so you will not be charged if your rental doesn’t lease. However, there are a lot of factors that go into successfully leasing a rental and we equip our users with real-time data to make informed decisions. For example, if you aren’t receiving enough prospective tenant leads, you can use Arrow to pull real-time rental comps and adjust your pricing if needed.

Are there discounts for multiple properties?

RentEngine offers high-volume discounts if you manage over 1,000 units. Click here to chat with the RentEngine team.

Are there any cancelation fees?

Nope. Just withdraw it on the platform. There are never any fees for withdrawing.

Do I have to pay cooperating broker commission?

Up to you! It's totally optional.

How to Get Started with RentEngine

Head to RentEngine.io and click “Start Free”
Add your first property in 1-click
Sit back, relax, and let RentEngine do the leasing work 😎
Approve qualified tenant

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