PayRent is the safe and simple way to collect and pay rent online.
Give credit where credit is due. Reward your renters for on-time rent payments.
Access funds from our 75+ lending partners to fund the unexpected or grow your portfolio.
Reward renters for on-time payments and assist them when they need help paying.
Collect Rent How and When You Want
Being a hands-on landlord or property manager doesn’t mean you have to do everything by hand, let us lighten your load. PayRent gives you the tools you need to simplify your rental business. Our easy-to-use property management software automates tedious tasks and gives you full control of the rent collection process. Set rent due dates, add automatic late fees, accept credit card payments (or don’t), it’s all up to you. Here are some of the features our current users care about the most.
Key Features and Benefits
- Accept eChecks from any US-based bank or credit union
- Accept credit card rent payments at no cost to you
- Block partial payments
- Guard sensitive personal and financial information
- Independent settings for each property.
- Track important lease and insurance documents
- Manage additional charges and credits
- Enforce late payment policies
- Send rent reminders and past due notices
- Report rent payments to credit bureaus for free
- Access capital for unexpected repairs or expansion.
- Online rental applications and tenant screening
Get critical information about potential renters and their backgrounds through one of our in-app application partners. By looking at income and other financial situations, you can feel assured that the applicant will be able to pay rent each month.
- Personal and Household Details
- Employment and Income
- Residential History and Background
- Simple online application and fee acceptance.
The best defense is a good offense. Screening potential tenants minimizes the risk of property damage and rental income loss. Select a tenant screening service from our in-app marketplace of trusted partners.
Invite your applicant to complete the tenant screening form online and pay the fee. We verify their information and deliver the report to your inbox.
- Credit Score
- Criminal History
Tenants who pay their rent online through PayRent can report on-time rent payments to all three major credit bureaus for free.
Most renters enjoy a boost to their credit score, paving the way to lower interest rates, increased buying power, and better employment opportunities.
PayRent works with 75+ Lenders to generate capital offers to match your specific business needs. Use it for emergency repairs, property remodels, portfolio refinancing, cash flow issues, and more.
- No Application Fee or Obligation.
- Get the capital you need in as little as 24 hours.
- Put the money to work and grow your business.
It takes two to make a thing go right. Rent payments involve two parties so PayRent provides benefits to both renters and landlords who use the service. RentCred is a set of features that reward renters who pay their rent on-time through our rent payment app.
- Free Rent Payment Reporting to all three major credit bureaus
- Emergency, Interest-Free Loans for Rent
- Late Fee Forgiveness
RentDefense protects landlords from late and lost rent with rent collection tools and controls available only on PayRent. Using all of these features together helps to minimize the risk of not getting paid on time.
The privacy and security features of PayRent ensure everyone’s important information is kept away from hackers and bad actors making each and every transaction inherently safe.
Our number one priority in designing a rent payment app for real estate entrepreneurs is to keep things simple. You’ll find that theme throughout every thoughtful design element of the platform.
With over a dozen convenience features, we’re doing our best to create a rent payment app that saves you both time and money.
Clone a Property
Quickly add multiple units at the same address using the Clone Property feature to reduce the time it takes to get started, click to quickly manage accounts that are current.
Availability: All Versions
Using PayRent as your rent payment app gives you more control over how and when rent gets paid, providing greater peace of mind than Zelle™ or direct ACH transfers.
Split or Pass-Through Transaction fees
Absorb or split transaction fees with your renters to entice renters to use a rent payment app instead of cash or check.
Availability: Do-It-Yourself, Go-Like-A-Pro
Join thousands of landlords who found a
better rent payment app with PayRent.
Sign up and start taking payments securely in just minutes. No credit card required.
Frequently Asked Questions
Here are some of the most common questions people ask about our rent payment app.
If your question is not answered here, chat with us.
What payment types are accepted?
We currently accept direct bank transfers (echecks, ACH) from any U.S.-based bank or credit union, as well as Visa, MasterCard, Discover and American Express credit cards. Landlords are given the option to accept credit card payments.
How long does it take to get my money?
Depending on your service plan, it can take anywhere from 1-day to 7 days. Check out the different plans here. We are currently working to speed up processing times.
Is there a minimum number of units required?
You can start your account with just one unit. There is no minimum or maximum number of properties you can add.
How do I manage roommates?
For security and privacy reasons we do not allow users to share accounts. For roommates, create two property records and invite each renter to their own account.
Can I distribute funds to multiple accounts?
Each landlord account currently supports a single bank account as a settlement account. There is no limit to how many PayRent accounts you can have.