Pricing
Your first two properties are free. After that, from $14.99 a month.
Most property management software starts at $50–$99 a month before you manage a single unit. The Lessor starts at nothing, and the paid step is $14.99 — not a quote, not a sales call. No credit card required to start.
Essential
For individual landlords. 2 properties, up to 4 units.
No credit card required
Start free- 2 properties, up to 4 units
- Rent collection by bank transfer
- AutoPay for tenants
- Leases, deposits and documents
- Tenant messaging and requests
- Full bookkeeping: P&L, balance sheet, trial balance
- Bank feed and tax-ready exports
Portfolio
For landlords with multiple properties. 5 properties, up to 10 units.
or $149/year — two months free
Start 30-day trial- Everything in Essential
- 5 properties, up to 10 units
- Commercial leases with CAM reconciliation
- Multi-property reporting
- 30-day free trial
Professional
For growing rental portfolios. 10 properties, up to 25 units.
or $399/year — two months free
Start 30-day trial- Everything in Portfolio
- 10 properties, up to 25 units
- Team members (up to 3)
- Lower commercial platform rate (0.075%)
- 30-day free trial
Enterprise
For property management businesses. Unlimited properties and units.
or $999/year — two months free
Start 30-day trial- Everything in Professional
- Unlimited properties and units
- Unlimited team members
- Online tenant applications & screening
- Advanced exports and API access
- Lowest commercial platform rate (0.05%)
- 30-day free trial
What the free plan includes
Included, free, forever
- One property with up to two units
- Rent collection by bank transfer, with receipts
- AutoPay so tenants never miss the 1st
- Leases, deposits, documents and tenant invites
- Messaging and maintenance requests
- Real double-entry bookkeeping and bank feed
- P&L, balance sheet, trial balance and exports
What you pay to move up
- A third property or a fifth unit moves you to Portfolio at $14.99 a month. Nothing is deleted and nothing is locked while you decide.
- Upgrades take effect immediately and are prorated. Downgrades take effect at the end of the period you already paid for.
- Cancel any time. You keep access until the end of the period you paid for.
What rent collection costs
We take no cut of residential rent, on any plan, at any amount. The only cost on a normal rent payment is the bank transfer fee.
Residential rent by bank transfer
0.8% of the payment, capped at $5. You can pay it yourself or pass it to the tenant per lease. The Lessor takes nothing on top.
Instant card payment (optional)
2.9% + $0.30, paid by the tenant, only if they choose to pay by debit card instead of waiting for a bank transfer.
Commercial rent
0.10% on Portfolio, 0.075% on Professional, 0.05% on Enterprise. Residential rent is never charged this.
How this compares
Competitor figures below are their published list prices and are current as of September 2026. Check their sites before deciding — they change.
| Entry price | Bookkeeping at the free tier | Tenant bank-transfer fee | |
|---|---|---|---|
| The Lessor | $0, then $14.99/mo | Yes — full double-entry books, P&L, balance sheet | 0.8%, capped at $5; landlord can absorb it |
| TurboTenant | $0, Essentials from $149/year (annual billing only) | No — accounting tools are in the Pro tier, from $199/year | Free ACH on paid tiers |
| Avail | $0, Unlimited Plus $9 per unit/month | Income and expense tracking only | $2.50 per transfer on the free plan |
Start with two properties. Pay nothing.
No credit card required. Upgrade only when you add a third property.