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Real Estate · head to head

Propertyware vs Reonomy

Propertyware logo

Propertyware

Real Estate

Single-family rental management from RealPage, sold per unit above a monthly minimum with a paid implementation

From
On request
Rated
-
Full reviewWebsite
Reonomy logo

Reonomy

Real Estate

Commercial property ownership and contact data platform, acquired by Altus Group for roughly $202 million and now sold on unpublished, increasingly enterprise-focused pricing

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Propertyware pricing is per unit against a monthly minimum and there is a separate implementation fee, usually a multiple of the monthly subscription, so first-year cost is well above twelve times the running rate.; Reonomy pricing is not published, and the sales process has become more enterprise-focused since the Altus Group acquisition, which reportedly makes it less accessible for smaller, self-service buyers than it once was.
  • They diverge on capability: Propertyware covers Custom fields and screens, Reonomy covers Ownership records.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Propertyware and Reonomy actually diverge.

Attributes where Propertyware and Reonomy differ
AttributePropertywareReonomy
Pricing modelPer unit per month with a monthly minimumquote
PlatformsWeb, iOS, AndroidWeb

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated), category (Real Estate).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Propertyware

  • Custom fields and screens
  • Configurable owner portals
  • Open API
  • Owner accounting
  • Maintenance and vendor management
  • Inspections
  • Leasing and marketing

Only in Reonomy

  • Ownership records
  • Transaction history
  • Off-market prospecting
  • Portfolio analysis
  • Contact data
  • Market and property search

What people use each for

The jobs each tool is most often brought in to do.

Propertyware

  • A single-family operator with 500 or more scattered doors that need per-owner branded portalsnot Reonomy
  • A manager whose operating model does not fit standard software and who needs custom fields and screens rather than workaroundsnot Reonomy
  • An operator integrating property data into an in-house acquisitions or investor reporting system through an APInot Reonomy
  • A regional business running several markets under one ledger with owner-level management fee rules that differ by contractnot Reonomy

Reonomy

  • A broker sourcing off-market deals by identifying and directly contacting property owners matching acquisition criterianot Propertyware
  • A lender researching an owner portfolio and financing history before extending creditnot Propertyware
  • An investor doing outbound outreach to owners of a specific property type or size in a target marketnot Propertyware
  • A firm already using ARGUS Enterprise considering Reonomy for data given the shared Altus Group ownershipnot Propertyware

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Propertyware

  • Pricing is per unit against a monthly minimum and there is a separate implementation fee, usually a multiple of the monthly subscription, so first-year cost is well above twelve times the running rate.
  • Propertyware sits inside RealPage alongside strategic enterprise platforms, so the practical risk is not that it stops working but that it receives maintenance rather than development; ask for a written roadmap and end-of-life notice period.
  • The interface is dated relative to newer cloud entrants, and the configurability that makes it capable also makes it slow to set up, which is why implementation is chargeable in the first place.
  • It is built for scattered-site single-family stock, so apartment community workflows, commercial leases and HOA management are all poorly served.
  • RealPage is the defendant in United States antitrust litigation concerning its revenue management software, which does not affect this product directly but is a factor when you are weighing a multi-year contract with the parent.

Reonomy

  • Pricing is not published, and the sales process has become more enterprise-focused since the Altus Group acquisition, which reportedly makes it less accessible for smaller, self-service buyers than it once was.
  • It is a data and contact-sourcing tool, not a valuation platform, so firms needing DCF modelling still need ARGUS Enterprise or an equivalent separately, even though both are Altus Group products.
  • Coverage and data freshness for ownership and contact information vary by market, and off-market sourcing quality depends on how current that contact data actually is.
  • Shared ownership with ARGUS under Altus Group means a firm concentrating spend with both products has less independent competitive leverage across its CRE software and data budget.
  • As with any owner-contact database, deliverability and accuracy of contact information degrade over time, and there is no independent public benchmark of Reonomy data accuracy to check ahead of purchase.

Pricing, plan by plan

Propertyware

On request
  • Basic$undefined/month
    • Per unit rate against a monthly minimum
    • Accounting, maintenance and tenant portal
    • Implementation fee charged separately
  • Plus$undefined/month
    • Higher per unit rate against the same style of minimum
    • Owner portals and custom fields
    • Inspections
  • Premium$undefined/month
    • Highest per unit rate
    • Open API access
    • Custom portals and advanced configuration

Reonomy

On request
  • Reonomy$undefined/year
    • Monthly and annual subscription options, annual saves roughly 30%
    • Pricing not published, increasingly enterprise-focused sales process since Altus Group acquisition
    • Cost scales with data access scope and seats

Which should you pick?

Choose Propertyware if

  • You need custom fields and screens.
  • You work on Web, iOS, Android.
  • You also want configurable owner portals.
Propertyware review

Choose Reonomy if

  • You need ownership records.
  • You also want transaction history.
Reonomy review

Questions people ask

Is Propertyware or Reonomy better?
Neither clearly leads. Propertyware starts at On request and Reonomy at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Propertyware or Reonomy?
Propertyware starts at On request and Reonomy at On request.
Does Propertyware or Reonomy run on more platforms?
Propertyware runs on Web, iOS, Android. Reonomy runs on Web.
What is Propertyware best used for?
Propertyware is most often used for a single-family operator with 500 or more scattered doors that need per-owner branded portals, a manager whose operating model does not fit standard software and who needs custom fields and screens rather than workarounds, an operator integrating property data into an in-house acquisitions or investor reporting system through an api, a regional business running several markets under one ledger with owner-level management fee rules that differ by contract. Of those, a single-family operator with 500 or more scattered doors that need per-owner branded portals and a manager whose operating model does not fit standard software and who needs custom fields and screens rather than workarounds are not what Reonomy is typically brought in for.
What can Propertyware do that Reonomy cannot?
Propertyware covers Custom fields and screens, Configurable owner portals, Open API, Owner accounting. Reonomy covers Ownership records, Transaction history, Off-market prospecting, Portfolio analysis.

Answered from the vendors’ own pages

Propertyware: Is Propertyware still being developed?

That is the question to put to the vendor in writing. It belongs to RealPage, whose development focus is its enterprise multifamily platforms, so ask for a release history and a stated end-of-life notice period.

Reonomy: Who owns Reonomy?

Altus Group, which acquired it in November 2021 for roughly $202 million; it sits in the same portfolio as ARGUS Enterprise.

Propertyware: Why is there an implementation fee?

Because the product is configured rather than switched on. Custom fields, portals and owner fee rules are set up during onboarding, and the fee is typically a multiple of the monthly subscription.

Reonomy: Is Reonomy the same as CoStar?

No. Reonomy focuses on ownership, contact and off-market sourcing data; CoStar is broader, covering listings, lease comparables and market analytics at larger scale.

Propertyware: Does it work for apartment communities?

Not well. It is designed for scattered-site single-family portfolios; apartment operators are steered towards other RealPage products.

Reonomy: Is pricing available online?

No. Reonomy offers monthly and annual subscriptions with roughly 30% savings annually, but exact rates require a quote.

Propertyware: Can I get my data out?

Yes, through the open API and standard exports, which is worth exercising during evaluation rather than at the point you decide to leave.

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