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Award winning property management software. Trusted by 80,000+ landlords and letting agents.

Overview: RentPrep vs Landlord Studio

Compare Landlord Studio vs RentPrep and the difference is scope. RentPrep is a dedicated tenant screening service — it runs FCRA-certified background and credit checks on applicants, one report at a time. Landlord Studio is an accounting-first rental platform that includes tenant screening as one feature among many, alongside online rent collection, lease tracking, listings, and full bookkeeping. One screens your applicants; the other screens them and then runs the rest of your rental business.

Landlord Studio pairs full rental property accounting with the everyday tools landlords use most — online rent collection, tenant screening, listings, lease tracking, and maintenance. TransUnion-powered screening sits alongside automated bank feeds, AI receipt scanning, GPS mileage tracking, Xero integration, 15+ landlord-specific reports, and a one-click Schedule E export, all on PRO at $12 a month with a free GO plan for up to three units. Instead of paying per report and tracking your finances elsewhere, you screen, collect rent, and keep tax-ready books in one place.

RentPrep is a dedicated tenant screening service. Its strength is thorough, FCRA-certified background and credit reports — every check is reviewed by a trained screener rather than fully automated, which landlords value for accuracy. It covers SSN verification, nationwide criminal and eviction searches, and TransUnion credit, with optional income and employment verification. The trade-off is that RentPrep does one job: it isn't a property management or accounting platform. There's no rent collection, no income and expense tracking, no reporting, and no Schedule E export, so you still need a separate tool to run the books. That's why landlords often replace a standalone screening subscription with Landlord Studio, which builds screening into the wider platform.

Landlord StudioRentPrep
Pricing & scope
Pricing modelSubscription, free up to 3 units, from $12/moPer report, $29–$49 per screening
What it isFull rental platform, accounting-firstTenant screening service only
Tenant screening
Tenant screeningBuilt-in (TransUnion)Core product (FCRA-certified)
Credit & background checksIncludedIncluded
Manual screener reviewAutomated reportsFCRA-certified human review
Accounting & tax
Income & expense trackingUnlimited, built-inNot supported
Automated bank feedsIncludedNot supported
Schedule E exportOne-clickNot supported
Xero integrationNative two-way syncNot supported
Day-to-day landlord tools
Online rent collectionBuilt-inNot supported
Listings & lease trackingBuilt-inNot supported
Reporting15+ landlord reportsScreening reports only
Best forLandlords who want screening plus a full platformLandlords who only need standalone screening
Accounting Data Screens

Why landlords are choosing Landlord Studio over RentPrep

Category reports for accounting
Reporting Document
Lease Automation Screen

Landlord Studio

Appfolio

Income & expense tracking

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Manual expense tracking

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Recurring expenses

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Automated bank feeds

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Smart receipt scanner

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Automatic mileage tracker

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Portfolio dashboard

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Online rent collection

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Collect rent online

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Receipts and reminders

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Collect deposit online

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Control partial payments

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Tenant auto-pay

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Reporting & tax returns

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Integration with Xero

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Tax reporting

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Accountant collaboration

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Find & screen tenants

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Create a listing

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Manage applicants

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Screen applicants

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Property maintenance

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Track Maintenance Tasks

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Tenant Portal

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Document storage

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Native iOS and Android app

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Limited functionality

End to end property management software

From finding tenants and collecting rent to managing maintenance requests, our suite of features will help you save time and run a professional and scalable property portfolio.

FAQs

Is Landlord Studio a good RentPrep alternative?

Yes. Landlord Studio includes TransUnion-powered tenant screening as part of a full rental platform, so you can screen applicants and then collect rent, track expenses, and produce tax-ready reports in the same app, from $12 a month.

Does Landlord Studio include tenant screening?

Yes. Tenant screening with credit, background, and eviction checks is built into Landlord Studio, alongside accounting, rent collection, listings, and lease tracking.

How much does RentPrep cost?

RentPrep is priced per report: a Background Check from $29 and a Complete Screening Package (background plus TransUnion credit) at $49, with optional income verification add-ons. It's a per-screening cost rather than a subscription.

Does RentPrep do accounting or rent collection?

No. RentPrep is a tenant screening service only. It has no rent collection, income and expense tracking, reporting, or Schedule E export, so you need a separate platform to run the finances.

Which is better for running a rental business?

If you only need to screen applicants, RentPrep does that thoroughly. If you want to screen, collect rent, and keep tax-ready books in one place, Landlord Studio covers the whole workflow.

Can I screen tenants and collect rent in one place?

Yes. Landlord Studio combines tenant screening, online rent collection, lease tracking, and full accounting in a single app, so you don't have to stitch separate tools together.