Softwr

Real Estate · head to head

ARGUS Enterprise vs Rent Manager

ARGUS Enterprise logo

ARGUS Enterprise

Real Estate

Cash flow forecasting and valuation software for commercial real estate, the industry-standard modelling tool now sold by Altus Group with no published price

From
On request
Rated
-
Full reviewWebsite
Rent Manager logo

Rent Manager

Real Estate

Property management for mixed portfolios, with on-premises deployment and built-in telephony

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: ARGUS Enterprise pricing is entirely unpublished and quoted per user, making it hard to budget for a growing team without an ongoing sales relationship with Altus Group.; Rent Manager the interface is dense and dated relative to newer cloud products, so onboarding site staff takes longer and training costs are real.
  • They diverge on capability: ARGUS Enterprise covers DCF valuation, Rent Manager covers Mixed portfolio support.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which ARGUS Enterprise and Rent Manager actually diverge.

Attributes where ARGUS Enterprise and Rent Manager differ
AttributeARGUS EnterpriseRent Manager
PlatformsWindows, WebWeb, Windows, iOS, Android

Identical on both: starting price (On request), pricing model (quote), 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 ARGUS Enterprise

  • DCF valuation
  • Traditional capitalisation methods
  • Lease-by-lease analysis
  • Portfolio budgeting
  • ARGUS Intelligence
  • ARGUS file interoperability

Only in Rent Manager

  • Mixed portfolio support
  • On-premises or hosted
  • rmVoIP telephony
  • Report writer
  • Open API
  • Owner portals

What people use each for

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

ARGUS Enterprise

  • An institutional investor needing DCF valuations in the ARGUS file format lenders and counterparties expectnot Rent Manager
  • An appraiser producing defensible, industry-standard valuation reports for institutional clientsnot Rent Manager
  • A REIT or investment manager running portfolio-wide budget and scenario comparisons across propertiesnot Rent Manager
  • A CRE professional pursuing ARGUS Software Certification as a recognised credential for career progressionnot Rent Manager

Rent Manager

  • A regional operator with apartments, retail and self-storage that wants one general ledger across all of themnot ARGUS Enterprise
  • An organisation whose data policy or insurer requires tenant and financial data to stay on its own serversnot ARGUS Enterprise
  • A management company running an in-house call centre that wants calls attached to tenant recordsnot ARGUS Enterprise
  • A third-party manager that needs owner statements and distributions without a bolt-on accounting productnot ARGUS Enterprise

Where each one falls short

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

ARGUS Enterprise

  • Pricing is entirely unpublished and quoted per user, making it hard to budget for a growing team without an ongoing sales relationship with Altus Group.
  • Because the ARGUS file format is the institutional standard, firms are effectively locked into the platform to participate fully in institutional deal flow, regardless of whether a cheaper tool would otherwise serve them.
  • The interface and modelling workflow have a steep learning curve, which is precisely why the ARGUS Software Certification exists as a distinct, paid credentialing track.
  • Altus Group also owns Reonomy, a CRE data product, which means a firm buying both ARGUS and Reonomy is concentrating spend with a single vendor across valuation and data.
  • It is a modelling and valuation tool, not a data source; a firm still needs separate market data (CoStar, Reonomy or similar) to populate the assumptions ARGUS models run on.

Rent Manager

  • The interface is dense and dated relative to newer cloud products, so onboarding site staff takes longer and training costs are real.
  • Pricing is quoted with monthly minimums, which makes portfolios under roughly 100 units poor value compared with published per-unit competitors.
  • Useful reporting depends on someone learning the report writer, and firms that never assign that role end up exporting to spreadsheets anyway.
  • Mobile applications lag the desktop experience, so field staff get a narrower feature set than office users.
  • The partner and integration ecosystem is smaller than Yardi or RealPage, so specialist proptech tools more often need custom API work than an off-the-shelf connector.

Pricing, plan by plan

ARGUS Enterprise

On request
  • ARGUS Enterprise$undefined/year
    • No published pricing, quote required from Altus Group
    • Licensed per user, typically annual subscription
    • ARGUS Intelligence and certification training priced separately

Rent Manager

On request
  • Rent Manager$undefined/year
    • Quoted on unit count with monthly minimums
    • Express, Basic and Professional tiers gate modules such as API access and work orders
    • On-premises licensing priced differently from the hosted service

Which should you pick?

Choose ARGUS Enterprise if

  • You need dcf valuation.
  • You work on Windows, Web.
  • You also want traditional capitalisation methods.
ARGUS Enterprise review

Choose Rent Manager if

  • You need mixed portfolio support.
  • You work on Web, Windows, iOS, Android.
  • You also want on-premises or hosted.
Rent Manager review

Questions people ask

Is ARGUS Enterprise or Rent Manager better?
Neither clearly leads. ARGUS Enterprise starts at On request and Rent Manager at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, ARGUS Enterprise or Rent Manager?
ARGUS Enterprise starts at On request and Rent Manager at On request.
Does ARGUS Enterprise or Rent Manager run on more platforms?
ARGUS Enterprise runs on Windows, Web. Rent Manager runs on Web, Windows, iOS, Android.
What is ARGUS Enterprise best used for?
ARGUS Enterprise is most often used for an institutional investor needing dcf valuations in the argus file format lenders and counterparties expect, an appraiser producing defensible, industry-standard valuation reports for institutional clients, a reit or investment manager running portfolio-wide budget and scenario comparisons across properties, a cre professional pursuing argus software certification as a recognised credential for career progression. Of those, an institutional investor needing dcf valuations in the argus file format lenders and counterparties expect and an appraiser producing defensible, industry-standard valuation reports for institutional clients are not what Rent Manager is typically brought in for.
What can ARGUS Enterprise do that Rent Manager cannot?
ARGUS Enterprise covers DCF valuation, Traditional capitalisation methods, Lease-by-lease analysis, Portfolio budgeting. Rent Manager covers Mixed portfolio support, On-premises or hosted, rmVoIP telephony, Report writer.

Answered from the vendors’ own pages

ARGUS Enterprise: Is there a published ARGUS Enterprise price?

No. Altus Group quotes pricing directly, licensed per user on typically an annual basis.

Rent Manager: Can Rent Manager be self-hosted?

Yes. It is one of the few current systems still offered for installation on customer servers as well as hosted.

ARGUS Enterprise: What is ARGUS Software Certification?

A professional credential recognising proficiency in ARGUS Enterprise, reflecting how central the platform is to institutional CRE valuation work.

Rent Manager: Does it handle commercial leases?

Yes, including CAM reconciliation and commercial lease terms, which is why mixed portfolios choose it.

ARGUS Enterprise: Why is ARGUS considered an industry standard?

Its output file format has become the de facto exchange standard lenders and institutional investors expect when reviewing a commercial property valuation.

Rent Manager: Who owns the company?

London Computer Systems, privately held and founder-led since 1987, not a private-equity roll-up.

Share

Related pages

More on ARGUS Enterprise

More on Rent Manager

Keep looking

Other head to heads