TurboTenant Pricing and Payment Management

TurboTenant makes online rent collection simple and free for landlords. With built-in tools for payment tracking, reminders, and security deposit handling, landlords can streamline rent management without feeling like they’re being nickel and dimed.

TurboTenant offers a clear advantage: no hidden fees for core features like rent collection, lease management, and tenant communication. Optional paid upgrades are available, but the essentials always come standard.

This article answers the most common questions landlords have about TurboTenant’s pricing and payment tools. You’ll learn how the platform handles rent collection, payment splits, security deposits, and rent increases—and what it’ll cost you to put your payments on autopilot.

Which online tools help landlords collect rent and handle payments?

Online rent collection platforms help landlords automate payments, apply late fees, and track income digitally. Many services include recurring payments, rent reminders, and financial reporting features.

TurboTenant offers free rent collection with automatic rent reminders, late fee tracking, rent reporting, direct deposit, and more. Tenants can pay securely online using ACH, credit cards, or debit cards.

Other tools like Avail, RentRedi, and Apartments.com also support rent payments but may include extra fees or require a subscription.

Does TurboTenant support rent payment splitting among roommates?

Yes, TurboTenant supports rent payment splitting through its partial payments feature. Landlords can enable this option in the lease settings, which allows each tenant to pay their share individually. The platform tracks all payments, ensuring transparency and hands-off rent management for both landlords and tenants.

Can TurboTenant help with rent increases?

Yes, TurboTenant can assist landlords with rent increases with free rent increase letters and rent increase clause templates to ensure compliance with local laws and clear communication with tenants.

How do I collect rent online with TurboTenant?

Collecting rent online with TurboTenant is straightforward. You can schedule charges, monitor payments, and communicate with tenants, all from your landlord dashboard (without needing extra software).

Key features include:

• Automated rent reminders
• Recurring or one-time charges
• ACH and card payment options
• Partial payments for roommates
• Secure direct deposit to your bank account

For more, learn how to collect rent for free by watching this helpful YouTube video.

How can landlords process security deposits online?

Though landlords can process security deposits online in several ways, we recommend using property management software platforms like TurboTenant. Doing so allows for secure collection, proper documentation, and accurate return of deposits. Using these tools, checked by our in-house legal team, ensures compliance with state deposit laws.

Is TurboTenant really free for landlords?

Yes, TurboTenant is free for landlords. With it, you can list properties, screen tenants, collect rent, communicate with tenants, and manage leases without ever handing over your credit card information. Optional premium plans and paid add-ons cover TurboTenant’s operating costs.