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SPECIFICTION
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RentMerchant

rentmerchant.com

From $15/mo Free plan WebiOS
Visit rentmerchant.com
Spec score 7.8 #16 of 31 in Rent Payment Software

What it is

RentMerchant provides online rent collection and property management for independent landlords, with web and iOS access. Tenants can pay by bank transfer or debit and credit card, either once or through autopay. The system sends monthly recurring invoices, payment reminders, and automatic late fees. A tenant portal supports payments, payment-history and ledger viewing, and repair requests. Landlords can collect online applications and obtain electronic lease signatures with an audit trail. Property owners can receive read-only logins showing collections, fees, and net amounts. Reports include CSV and Schedule E exports, and landlords can import properties in bulk from CSV. Payments are processed by Stripe; RentMerchant says it does not store raw card or bank numbers, and accounts can use two-factor login. The Free plan costs nothing and supports up to three properties. Pro costs $15 a month billed annually for unlimited properties and units, while month-to-month Pro costs $20 a month. ACH payments on Free cost 0.8% capped at $5 plus a $2 RentMerchant fee; the $2 fee is waived on Pro.

Spec sheet

Product
RentMerchant provides online rent collection and property management for independent landlords.Read 1 Oct 2026 · rentmerchant.com
Security
Payments are processed by Stripe, raw card and bank numbers are not stored by RentMerchant, and accounts can use two-factor login.Read 1 Oct 2026 · rentmerchant.com
Support
The contact page says a real person usually responds within one business day.Read 1 Oct 2026 · rentmerchant.com
Exports and import
RentMerchant includes reports, CSV and Schedule E exports, and bulk property import from CSV.Read 1 Oct 2026 · rentmerchant.com
Leasing
Landlords can collect online applications and obtain electronic lease signatures with an audit trail.Read 1 Oct 2026 · rentmerchant.com
Mobile app
The RentMerchant Pay & Collect app is free to download for iPhone and iPad.Read 1 Oct 2026 · apps.apple.com
Owner reporting
Each property owner can receive a read-only login showing collections, fees, and net amounts.Read 1 Oct 2026 · rentmerchant.com
Payment fees
ACH payments cost 0.8% capped at $5 plus a $2 RentMerchant fee on Free, while the $2 fee is waived on Pro.Read 1 Oct 2026 · rentmerchant.com
Payment methods
Tenants can pay by bank transfer or debit and credit card, either once or through autopay.Read 1 Oct 2026 · rentmerchant.com
Recurring billing
The system sends recurring invoices monthly and handles payment reminders and automatic late fees.Read 1 Oct 2026 · rentmerchant.com
Tenant portal
Tenants can pay, view payment history and a full ledger, and submit repair requests from the portal.Read 1 Oct 2026 · rentmerchant.com
Upcoming limits
Tenant screening, credit-bureau rent reporting, and faster payouts are listed as upcoming Pro features.Read 1 Oct 2026 · rentmerchant.com

Plans and prices

Free Free up to three properties Read 1 Oct 2026 · rentmerchant.com
Pro $15 a month annually unlimited properties and units · no per-door fees · priority support Read 1 Oct 2026 · rentmerchant.com
Pro (month-to-month) $20 a month month-to-month unlimited properties Read 1 Oct 2026 · rentmerchant.com
Custom Priced on request agencies and large portfolios · volume pricing · dedicated account manager · guided onboarding and data migration Read 1 Oct 2026 · rentmerchant.com

Every RentMerchant plan and price →

Strong points and limits

Strong points

  • Tenants can pay by bank transfer or card
  • Autopay, reminders, and automatic late fees
  • Includes tenant repair requests and payment ledger
  • CSV and Schedule E exports
  • Free plan supports up to three properties

Limits

  • Free plan limited to three properties
  • Free ACH payments include a $2 RentMerchant fee
  • Pro costs $15 a month billed annually

Who it suits

It suits independent landlords who want online rent collection, tenant self-service, and property reporting. The Free plan fits portfolios of up to three properties; Pro plans support unlimited properties.

Verdict

RentMerchant combines rent collection with tenant portals, leasing, owner reporting, and property imports. Compare the Free plan's property cap and ACH fee with the two Pro billing options.

Where Specifiction places it

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