What it does
Autopay enrollment
Tenants set it up once in the portal, and rent is charged on the same day each month.
Automatic late reminders
Reminders go out by email before the due date. If rent is late, notices move from friendly to formal to a final warning as the days pass.
Professional invoicing
Rentra generates itemized invoices that show late fees, recurring charges, and payment history.
The four steps
- 1
Tenant enrolls in autopay
Tenants set it up once in the portal by linking a bank account through Stripe.
- 2
Rent charges automatically
Rent is charged on the day you set, by ACH (lower fees) or by card if the tenant prefers.
- 3
You get notified
You get a notification when the payment reaches your account.
- 4
Late payments handled
If a payment is missed, late notices go out by email. Late fees apply only if you turn them on.
All included in the per-unit price
Autopay enrollment
Tenants turn it on once from the portal.
Multiple payment methods
Tenants pay by ACH, which has lower fees, or by card.
Optional late fees
Off by default. Turn them on for each notice step, as a flat fee or a percentage, after a grace period you set.
Email reminders
Three notices by email, sent at set points after the due date.
Payment receipts
A PDF receipt for every payment, available to download later.
Recurring charges
Set up pet rent, utilities, or parking once and it's charged every month.
Other features
How to Handle Late Rent Without Damaging Tenant Relationships
How you respond to late rent affects whether a good tenant stays. What to send, when to send it, and when to escalate.
ArticleHow to Automate Rent Collection and Stop Chasing Payments
How to set up autopay, reminders, and late notices so rent arrives on schedule without you texting tenants.
ArticleLandlord Text Message Templates: 18 Ready to Copy
18 copy-paste texts for landlords covering move-in, rent, maintenance, entry notices, lease renewal, and move-out. Plain, polite, easy to edit.
ComparisonRentra vs Buildium
Buildium's plans start at $65 to $420 a month and are designed for management companies with staff and owner clients. Rentra is $5 a unit for landlords who manage their own rentals.
ComparisonRentra vs AppFolio
AppFolio sells to property management companies and prices by quote. This comparison is for landlords with fewer than 50 units who manage their own.
ComparisonRentra vs TurboTenant
TurboTenant's free plan covers listings, screening, and rent collection. The differences with Rentra are in the work after move-in: tenant texts, repairs, and bookkeeping.
Use caseProperty Management for Multi-Family Landlords
Rent, repairs, and reporting for every unit in one account
