Best Free Online Rent Collection Services (Landlords Recommended)

More than 60% of landlords nowadays are using online rent collection services to collect rent from their tenants. Being a landlord, you might know how much of big trouble it is to have timely rent payments from the tenants. Having late payments means arrears in rent, missed payments, or even evictions. So, if you haven’t yet considered online rent collection, today is the best day to start it.

For me, I have chosen Cozy for all my future rent collection after comparing lots of services. Cozy is free for landlords. It has the best in class customer support and can automatically add late payment charges. Though there are few cons also associated with Cozy. But hardly they matter to me until its working for me and my tenants.

Top 5 Free Online Rent Collection Services

There are various free online rent collection services available for landlords today. Narrowing down to one depends upon its features and the ease of use, it provides to you and to your tenants. Let us list them all to help you pick the right one. So, you can sign up for one today and start collecting rent online.

Spark Rental

Spark Rental is simplifying the way you collect your rent. It helps you reduce the number of defaults and evictions due to missed or delayed payments. With its Rent Deduct feature, you can even get notified when your tenant losses a job. This way, you stay one step ahead always. No other online rent collection service has this feature yet. spark rental collect rent online

Spark Rental Highlights:

  • Price: Free For Landlords
  • User Rating: Ease of Use ☆☆☆ | Customer Service ☆☆☆
  • Features: Rental Marketing |Landlord Forms | Background Check | Rent Collection
  • Partial Payments: Can Restrict Partial Payments
  • Suitable For: Any Landlord with one or more units (Unlimited Doors)

Type

Price Modes of Payment Automatic Late Fees One Time Costs More than One Bank Account No. Of Days to Deposit Payment

Additional Features

Landlord Tenant
Basic Free $0.50 ACH Transfers Not Available Not Available

 

Yes 2-4 Days

For Landlords

  • Rental Calculator
  • Lease Agreement
  • Rental Application
  • Basic Tenant Background Check
  • Financial Tax Reporting
Free 6% of Amount For Credit/ Debit Card
  1.9%

of Amount

1.9%

of Amount

Automatic Pay Check Deduction
Premium ($19/

Month)

Free Free

(up to 5 Parties)

ACH Transfers Not Available Not Available

 

Yes 2-4 Days

For Landlords

  • Basic Features
  • Priority Customer Support
Free 5%

of Amount

For Credit/ Debit Card
1.9%

of Amount

1.9%

of Amount

Automatic Pay Check Deduction
Ultimate

($39/

Month)

Free Free

(Unlimited Parties)

ACH Transfers        

For Landlords

  • Premium Features
  • Rental Website Builder
Free 4%

of Amount

For Credit/ Debit Card
1.9%

of Amount

1.9%

of Amount

Automatic Pay Check Deduction

eRentPayment

eRentPayment provides various property management solutions to landlords and property managers. It is a convenient online rent collection service most suitable for property owners or managers managing few number of rental units. You can go with this if you want a simple rent collection tool with basic payment option. erentpayment for collecting rent

eRentPayment Highlights:

  • Price: Free For Landlords (Only Transaction Fees)
  • User Rating: Ease of Use ☆☆ | Customer Service ☆☆☆☆
  • Features: Rental Marketing | Background Check | Rent Collection
  • Partial Payments: Can Restrict Partial Payments
  • Start Year: 2004
  • Suitable For: Landlord with one to five units 

Type

Price Modes of Payment Automatic Late Fees One Time Costs More than One Bank Account No. Of Days to Deposit Payment

Additional Features

Landlord

Tenant

Standard

$3 Per Transaction

(Landlord Pay Full/

Split with Tenant/

Tenant Pay Full)

      _

ACH Transfers

Flat Fees/

Per Day Fees (%)

 

 

Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

 

Yes

3-4 Days

For Landlords

  • Collect Rental Application
  • Tenant Screening($30)
  • Maintenance Requests
  • Invoices

 

For Tenants

  • Opt for automatic withdrawals
  • Build credit history by reporting Payments to Experian, Equifax, Trans Union Credit Bureau

 

Regular Pricing

(One Time fees: $30+

Monthly Fees+

Convenience

Fees)

 

Simplified

Pricing

(One Time Fees: $0+

Monthly Fees

+ Convenience

Fees)

Tenant can elect to pay convenience Fees

For Credit/ Debit Card

Plus

     $10

     Per

   Month

  (Up to

      5

  Units)

Additional

   Units:

$1 Per Unit

Free

ACH Transfers

3-4 Days

Same
 

Regular Pricing

(One Time fees: $30+

Monthly Fees+

Convenience

Fees)

 

Simplified Pricing

(One Time Fees: $0+Monthly Fees+ Convenience Fees)

Tenant can elect to pay convenience Fees

For Credit/ Debit Card

Cozy

Cozy is one of the best platforms for most of your rental needs. With Cozy, you can simplify most of your landlording tasks. You can market your rental, screen prospective tenants, and collect rents plus much more under one space.

Cozy to collect rent online

Cozy Highlights:

  • Price: Free For Landlords
  • User Rating: Ease of Use ☆☆☆☆☆ | Customer Service ☆☆☆☆
  • Features: Market Your Rental | Background Check | Maintenance Requests | Rent Collection
  • Partial Payments: Can Turn off Lease
  • Suitable For: Any Landlord with one or more units (Unlimited Doors)

Type

Price

Modes of Payment

Automatic Late Fees One Time Costs More than One Bank Account Days to Deposit Payment

Additional Features

Landlord

Tenant

Basic Free Free ACH Transfers Flat Fees

  Yes

Security Deposit,

Move in Costs,

Utility Bills

 

 

Yes

5 Days

    For Landlords

  • Rental Advertising
  • Collect Rental  Application
  • Tenant Screening
  • Maintenance Requests
  • Rent Estimate ($19.99)

For Tenants

  • Opt for automatic withdrawals
  • Build credit history by reporting Cozy Payments to Experian Credit Bureau
  • Renters Insurance ($20/month)
Free $2.75 For Credit/ Debit Card
Express    $2.99

(Per Unit)

Free ACH Transfers 3 Days

Same

     $2.99

(Per Unit)

$2.75 For Credit/ Debit Card

 “Cozy is Free. Sign Up today.”

Avail

Avail is a great online rent collection tool for DIY Landlords. If you are managing about 15 rentals, it can be a perfect service for you. You can use their premium plan and get you rent processed in your account in very less time. avail rent collection service online

Avail Highlights:

  • Price: Free Basic Plan
  • User Rating: Ease of Use ☆☆☆☆ | Customer Service ☆☆☆☆
  • Features: Rental Marketing | Background Check | Maintenance Requests| Lease Agreement | Rent Collection
  • Partial Payments: Can Restrict Partial Payments
  • Suitable For: Landlord with one to fifteen units 

Type

Price Modes of Payment Automatic Late Fees One Time Costs Multiple

 Bank Account

No. Of Days to Deposit Payment

Additional Features

Landlord Tenant

Basic

Free

(Up

To

1 Unit;

 $6 Per Extra Unit)

$2 ACH Transfers Not Available Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

 

No

3 Days

   For Landlords

  • Collect Rental Application
  • Tenant Screening
  • Credit Reports
  • Previous Landlord References
  • Standard Lease Agreement
  • Maintenance Requests
  • Credit Tenants

For Tenants

  • Opt for Automatic Withdrawals

 

3.5% of the Amount

Credit Card/ Debit Card

Landlord

($10

Per Month)

Free

(Up

To

1 Unit;

 $6 Per Extra Unit)

Free ACH Transfers Flat Fees Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

 

No

Fast Processing

For Landlords

  • Basic Features
  • Custom Lease Form

For Tenants

  • Same as above

3.5% of the Amount

Credit Card/ Debit Card

Landlord Plus

($24.99

Per Month)

Free

(Up

To

5 Unit;

 $4 Per Extra Unit)

Free ACH Transfers Flat Fees Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

Yes

Fast Processing

For Landlords

  • Landlord Plan Features
  • Priority Customer Support

For Tenants

  • Same as above

3.5% of the Amount

Credit Card/ Debit Card

Professional

($49.99

Per Month)

Free

(Up

To

15 Unit;

 $2 Per Extra Unit)

Free ACH Transfers Flat Fees Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

Yes

Fast Processing

For Landlords

  • Landlord Plus Plan Features
  • Website Builder

For Tenants

  • Same as above

 

3.5% of the Amount Credit Card/ Debit Card

Rentler

Rentler is great platform designed to connect the landlords and tenants. It helps you build a strong relationship with your tenants from the ground up. With its all in one approach, it has every feature required for a landlord from marketing the rental, collecting the rent to running the rental business with full potential. rentler online rent collection

Rentler Highlights:

  • Price: Free 
  • User Rating: Ease of Use ☆☆☆ | Customer Service ☆☆☆☆
  • Features: Rental Marketing | Background Check | Maintenance Requests| Landlord Forms | Rent Collection
  • Partial Payments: Can Turn Off Lease
  • Suitable For: Landlord with any number of units (Unlimited Doors)

Type

Price Modes of Payment Automatic Late Fees One Time Costs More than One Bank Account No. Of Days to Deposit Payment

Additional Features

Landlord Tenant
Basic

Free

$1.95 ACH Transfers Flat Fees Yes

(Security Deposit,

Move in Costs,

Utility Bills)

 

 

1 Per Unit

2 Days

For Landlords

  • Rentability Report ($19.95)
  • Rental Advertising
  • Tenant Screening (Background Check + Credit Report $35)
  • Landlord Forms
  • Maintenance Requests

For Tenants

  • Can Report Payments to build credit history

2.9%

Credit Card
1.9%

Debit Card

The Bottom Line

Nothing is better than Cozy when it comes to collecting rent online for free. It is not just free for landlords but your tenants are also spared for paying any fees when they make ACH transfers. Though, cozy take more time in processing payments and do lack some unique features that the other online rent collection services offer to landlords.

But the best part is that both the landlord and the tenant are at advantage as it is free for both parties. However, you can also use other online rent collection services mentioned in this article depending upon your requirements and preferences. (Hard to miss Spark Rental`s Pay Check Deduction Feature if renting to someone with poor credit history.)

 

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