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PayProp Logo

Property management software

Table of Contents

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PayProp - 2026 Pricing, Features, Reviews & Alternatives

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All user reviews are verified by in-house moderators and provider data by our software research team.  Learn more

PayProp overview

What is PayProp?

PayProp is a cloud-based property management solution designed to help property professionals collect, reconcile and distribute rental payments for their properties under management – on time and to the right recipients.

PayProp’s technology is designed to free up real time for real estate professionals to do what really matters. Key features include automated payment administration, audit logging, arrears management and reporting.

Key benefits of using PayProp

Real Time Client Communication:
Save time with automated invoicing, payment notifications and reminders, as well as professional tenant and landlord statements, complete with branding.

Real Time Bank Integration:
With PayProp, balances are always live and accurate thanks to the direct link with global banks including Bank of America, CIBC (Canada) and NatWest Group (UK). And money can't go missing as the platform contains a detailed and date-stamped audit log of all activity.

Live Arrears Management:
Catches arrears before they become a problem with live payment status views and proactive payment reminders via email and text message.

Real Time Automated Reconciliation:
Accounting for client money is made easy as the tech automatically matches incoming payments to the right properties.

Real Time Automated Payments:
Outgoing payments are painless thanks to the platform's automated process that creates payments to owners and third parties according to company rules.

Real Time Owner and Tenant Views:
Gives owners a full overview of their properties and payments with the Owner app, and lets tenants view their entire payment history and make convenient, secure rent payments on the Tenant portal.

Real Time Security:
Protects the business and secures the clients' payments with bank-grade security. Users get a ringfenced trust account that prevents commingling of business and client money while keeping security deposits safe. Rights-based user access, separation of account duties, dual payment approval, 256-bit transaction encryption, a permanent account audit trail.

Real Time Business Continuity:
PayProp is cloud-based, so users can do their payment admin in a matter of minutes, anytime, anywhere, on any device. Free document storage, off-site backups and real-time data duplication guarantees their data's safety and availability, even in disasters or hardware failure.

Starting price


Alternatives

with better value for money

PayProp’s user interface

Ease of use rating:

PayProp reviews

Overall rating

4.5

/5

13

Positive reviews

92

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7.92/10
Rating distribution

5

4

3

2

1

8

4

1

0

0

Pros
“Takes care of all accounting and payment service, so that you can focus your efforts on customer service and growth. Customer support is superb.”
NH

Nathan H.

Lettings Property Manager

“Our experience of Payprop has been very good and I would and have recommend the system to other Franchisees within the wider network.”
JM

Jonathan M.

Director

“I love being able to work from anywhere. This software gives the freedom to work remotely.”
SL

Shannon L.

Administration

Cons
“Even professional accountants preparing our clients annual block accounts have failed to understand the complexity of the statements provided.”
SC

Simon C.

Managing Director

“The variations to block management usage have been very, very difficult for us to adopt.”
SC

Simon C.

Managing Director

“Inbuilding data is difficult and time-consuming. Interface is little slow to manage.”
Verified reviewer profile picture

Himanshu J.

Real estate Sales Specialist

Who uses PayProp?

Based on 13 verified user reviews.

Company size

Small Businesses

Enterprises

Midsize Businesses

Top industries

Real Estate
Commercial Real Estate
Higher Education

Use cases

Property Management
Payment Processing
Rental
Property Management Apps
Lease Management

PayProp's key features

Most critical features, based on insights from PayProp users:

Online payments
Payment processing
Accounting
Lease management
Tenant portal
Data security

All PayProp features

Features rating:

Property database
Financial reporting
Tenant tracking
Transaction history
Lease tracking
Mobile payments
Multiple payment options
Owner portal
Partial payments
Payment gateway integration
Payment tracking
Multi-Location
Portfolio management
Property management
Real-Time data
Real-Time reporting
Receipt management
Recurring rentals
Recurring/Subscription billing
Work order management
User management
Trust accounting
Transaction monitoring
Third-Party integrations
Task management
Status tracking
Short/Long term rental
Self service portal
Secure data storage
Search/Filter
Residential properties
Residential leases
Reporting/Analytics
Reporting & statistics
Rent tracking
Rent collection
Reminders
Mobile access
Customer database
Critical date alerts
Contact management
Contact database
Communication management
Client portal
Check writing
Cash flow management
Billing & invoicing
Bank reconciliation
Audit trail
API
Alerts/Notifications
Ad hoc reporting
Activity tracking
Activity dashboard
ACH payment processing
Maintenance management
Invoice management
General ledger
For residential
For real estate
For property managers
Financial management
Financial analysis
Fee Calculation & Posting
Expense tracking
Electronic payments
Document storage
Data import/export
Customizable reports
Customizable fields
Customizable branding
Customer statements

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PayProp pricing

Value for money rating:

Starting from

Empty state illustration for "No pricing info"

No pricing info

Pricing details
Subscription
Free trial
Free plan
Pricing range

User opinions about PayProp price and value

Value for money rating:

To see what individual users think of PayProp's price and value, check out the review snippets below.

“Takes care of all accounting and payment service, so that you can focus your efforts on customer service and growth. Customer support is superb.”
NH

Nathan H.

Lettings Property Manager

“Our experience of Payprop has been very good and I would and have recommend the system to other Franchisees within the wider network.”
JM

Jonathan M.

Director

PayProp integrations (3)

PayProp support options

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Phone Support

Training options

Webinars
Documentation
Live Online

PayProp FAQs

Q. What type of pricing plans does PayProp offer?

PayProp has the following pricing plans:
Pricing model: Subscription

These products have better value for money


Q. Who are the typical users of PayProp?

PayProp has the following typical customers:
Freelancers, Mid Size Business, Small Business


Q. What languages does PayProp support?

PayProp supports the following languages:
English


Q. Does PayProp offer an API?

No, PayProp does not have an API available.


Q. What level of support does PayProp offer?

PayProp offers the following support options:
Email/Help Desk, Phone Support

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