Buildium Pricing: How Much Does Buildium Cost for Property Management?

Buildium is a property management software that offers a range of features to help property managers streamline their day-to-day operations.

One of the key factors to consider when choosing a property management software is the pricing. Buildium offers three pricing editions, starting from $52 to $479 per month.

The Essential plan is the most affordable option, starting at $52 per month. It includes basic features such as accounting, tenant screening, and a free marketing website.

The Growth plan, which starts at $160 per month, includes additional features such as renter’s insurance, eLeasing, and custom branding.

The Premium plan, the most expensive option at $479 per month, includes all the features of the Growth plan plus additional features such as a dedicated account manager and priority support.

When considering Buildium’s pricing, it’s important to note that they offer a free trial of the software. This allows property managers to test out the software and determine which plan best fits their needs and budget.

Additionally, Buildium offers a “Use More, Save More” pricing model, which means that the more units a property manager manages, the lower the cost per unit.

Overall, Buildium’s pricing is competitive with other property management software providers, and their range of plans allows property managers to choose the best option for their business.

Understanding Buildium Pricing

Buildium offers three pricing packages: Essential, Growth, and Premium. The subscription price for each package varies depending on the features included.

The Essential package starts at $52 per month, while the Growth package can go for as low as $166 per month. Meanwhile, the Premium package starts at $479 per month.

All Buildium pricing packages are designed with the customer in mind and come with exactly what they would expect in their property management software. Customers can choose the pieces that will help them get where they’re looking to go next.

Buildium waives incoming ACH fees for Growth and Premium plans. Customers can enjoy the convenience of receiving rent payments directly to their bank account without worrying about additional fees.

Buildium’s pricing model is flat-rate, and payment frequency is per month. Customers can choose the package that best meets their budget and needs.

The Essential package is suitable for smaller property management businesses, while the Growth and Premium packages are ideal for larger businesses with more complex needs.

Customers can try Buildium for free before committing to a subscription. The free trial allows customers to experience the software and its features before making a purchase.

In summary, Buildium offers three pricing packages with varying subscription prices. Customers can choose the package that best suits their budget and needs.

Buildium’s pricing model is flat-rate, and payment frequency is per month. Customers can try Buildium for free before committing to a subscription.

Buildium Plans Overview

According to G2, Buildium offers three different pricing plans to cater to the varying needs of property managers. Each plan comes with a set of features that are designed to streamline the property management process. Here’s an overview of each plan:

Essential Plan

The Essential Plan is the most affordable plan offered by Buildium, starting at $52 per month. This plan is ideal for smaller property management companies that need basic features to manage their properties.

The plan includes features such as accounting, maintenance, tasks, violations, resident and board member communications, and online portals.

Growth Plan

The Growth Plan is a mid-tier plan that offers additional features to help property managers scale their business. This plan starts at $166 per month. In addition to the features included in the Essential Plan, the Growth Plan offers features such as eLeasing, renter’s insurance, and tenant screening.

Premium Plan

The Premium Plan is the highest tier plan offered by Buildium, starting at $479 per month. This plan is designed for larger property management companies that need advanced features to manage their properties.

In addition to the features included in the Essential and Growth Plans, the Premium Plan offers features such as custom report builder, owner portal, and API access.

Overall, Buildium’s pricing plans are designed to cater to the varying needs of property managers. Whether you’re a small property management company or a large one, Buildium has a plan that can help you manage your properties efficiently.

Features and Benefits of Buildium

Buildium is a property management platform that offers a variety of features to help property managers and owners streamline their operations.

The platform offers a range of benefits, including efficient accounting and financial management, robust communication tools, maintenance management, and tenant and owner portals.

Accounting and Financials

One of the key features of Buildium is its accounting and financial management tools. The platform offers an easy-to-use interface that allows property managers to track income and expenses, create invoices, and manage financial reports.

Buildium also offers online payment processing, which allows tenants to pay rent and other fees online, improving efficiency and reducing administrative costs.

Communication Tools

Buildium offers a variety of communication tools that help property managers and owners stay connected with their tenants and residents.

The platform includes features such as email and text messaging, which allow managers to communicate important updates and announcements with tenants quickly and easily.

The platform also includes a resident portal, which allows residents to submit maintenance requests and communicate with property managers directly.

Maintenance Management

Buildium’s maintenance management tools help property managers and owners keep their properties in top condition.

The platform includes features such as maintenance requests and work order tracking, which allow managers to quickly respond to maintenance issues and keep tenants happy.

Buildium also includes a maintenance calendar, which helps managers schedule regular maintenance tasks and stay on top of property upkeep.

Tenant and Owner Portals

Buildium’s tenant and owner portals offer a range of benefits for both tenants and property owners. The tenant portal allows tenants to easily pay rent and other fees online, submit maintenance requests, and communicate with property managers.

The owner portal, on the other hand, allows property owners to view financial reports, track rental income, and monitor property performance.

Overall, Buildium offers a range of key features and benefits that make it a valuable tool for property managers and owners.

From efficient accounting and financial management to robust communication tools and maintenance management, Buildium helps property managers stay organized, save time, and improve efficiency.

Additional Services and Fees

Buildium offers a range of additional services and fees to help property managers streamline their operations. Here are some of the most important ones.

Tenant Screening Fees

Buildium offers tenant screening services for an additional fee. The screening includes a credit check, criminal background check, eviction history, and more.

The cost of tenant screening varies depending on the package you choose. The Basic package costs $15 per screening, while the Premium package costs $30 per screening.

Transaction Fees

Buildium charges transaction fees for certain payment methods. If you choose to accept credit card payments, you will be charged a transaction fee of 2.95% + $0.50 per transaction. If you choose to accept eCheck payments, you will be charged a transaction fee of $0.50 per transaction.

Setup Fees

Buildium charges a one-time setup fee for new accounts. The setup fee varies depending on the package you choose. The Essential package has a setup fee of $99, while the Growth package has a setup fee of $249. The Premium package does not have a setup fee.

It is important to note that these fees are subject to change. It is recommended that you visit the Buildium website for the most up-to-date pricing information.

I totally get that picking the perfect property management software can be overwhelming, which is why I put in the effort to make my reviews super detailed and useful. My goal is to help you feel confident in making the right decision:

Buildium offers a bunch of extra services and fees to make life easier for property managers, like tenant screening fees, transaction fees, and setup fees. Just keep in mind that these fees can change, so it’s essential to consider them when selecting a package. Happy managing!

Final Thoughts

Overall, Buildium offers a comprehensive property management solution with a range of features at a reasonable price point. The software is easy to use and provides a user-friendly interface for tracking and managing properties, tenants, and finances.

The Essential plan is a great starting point for smaller property management companies, while the Growth and Premium plans offer more advanced features for larger companies with more complex needs.

The ability to scale up or down as needed makes Buildium a flexible option for businesses of all sizes.

One of the standout features of Buildium is its robust accounting and financial reporting capabilities. With features like automated rent payments, online owner statements, and customizable financial reports, Buildium makes it easy to keep track of finances and stay organized.

Another benefit of Buildium is its mobile app, which allows property managers to access important information on the go. The app provides real-time updates on maintenance requests, rent payments, and more, making it easy to stay on top of tasks no matter where you are.

Overall, Buildium’s pricing is competitive and offers a range of options to suit different business needs.

While it may not be the cheapest option on the market, the software’s comprehensive features and user-friendly interface make it a worthwhile investment for property management companies looking to streamline their operations.