← All comparisonsRentmark vs a spreadsheet

The Landlord Spreadsheet Alternative — When to Stop Using Excel

A rent spreadsheet is a ledger: it records what already happened, accurately, for free, in a format you fully control.

The short answer

The spreadsheet is not the problem. What a spreadsheet cannot do is act — it never sends a receipt, never chases a late payment, never gives your tenant somewhere to report a leak, and never creates the dated, co-signed photograph of the kitchen that decides a deposit dispute two years later. It records the past accurately and does nothing about the present. That is fine at one unit. It quietly stops being fine at three.

Side by side

RentmarkSpreadsheet
Cost$19.99/mo or $199.90/yr, flatFree
Full control of the formatFixed structureTotal
Rent schedule created for you each monthAutomatic, per active leaseYou type it
PDF receipt to the tenantOne clickNot possible
Late-payment reminder sentAutomaticYou remember, or you don't
Tenant portalEach tenant has their ownNot possible
Maintenance request with photos and a threadIncludedLives in your text messages
Dated, co-signed condition evidenceMove-in and move-out with photosNot possible
State deposit cap and deadline applied to the leaseAutomatic per stateYou research it
Survives being on one person's laptopYesDepends entirely on your backups

What a spreadsheet costs

Free, and genuinely good at what it does. The cost of a spreadsheet is never the licence — it is the hours, and the evidence you did not create at the time.

Rentmark, for comparison, is $19.99 a month or $199.90 a year — one plan, every feature, unlimited properties, no per-document or per-account fees. The full pricing page lists exactly what is free and what the subscription turns on.

When a spreadsheet is the better choice

Genuinely, and we would rather you read this before subscribing than after:

  • You own one unit, rented to someone you trust, and nothing has ever gone wrong
  • You genuinely enjoy the spreadsheet and it is current — a maintained sheet beats an abandoned account
  • Your accountant already has a template they want you to use

When Rentmark is the better choice

  • You have missed a rent due date, or discovered one late
  • You have ever tried to reconstruct a year of payments from bank statements
  • You are holding a deposit and have no dated photographs of the unit at move-in
  • Your tenants reach you across three different messaging apps
  • You own more than two units, where the admin stops being a rounding error

What switching actually involves

The part people expect to be painful is free: you can create a Rentmark account and enter every property, unit, tenant and lease you have without paying anything. Nothing is metered at that stage, so you can rebuild your portfolio in full, look at it, and decide afterwards.

The subscription starts when you want Rentmark to do things — generate the monthly rent schedule, issue receipts, chase late payments, open the tenant portal, run inspections and keep the accounts. Export is always available as CSV, in both directions of the decision.

Frequently asked

Is Rentmark cheaper than a spreadsheet?

Rentmark is a single flat plan at $19.99 a month, or $199.90 a year, covering unlimited properties, tenants and leases with no add-on fees. Free, and genuinely good at what it does. The cost of a spreadsheet is never the licence — it is the hours, and the evidence you did not create at the time. Whether that works out cheaper for you depends on your portfolio and on which fees you would actually trigger, so compare the two against your own number of doors rather than against a headline price.

Can I move from a spreadsheet to Rentmark?

Yes, and the setup side costs nothing: creating your account and entering your properties, units, tenants and leases is free, so you can rebuild your portfolio in Rentmark and see it in place before you subscribe to anything. The subscription turns on the operational side — rent schedules, receipts, reminders, the tenant portal, inspections and accounting.

When is a spreadsheet the better choice?

You own one unit, rented to someone you trust, and nothing has ever gone wrong. You genuinely enjoy the spreadsheet and it is current — a maintained sheet beats an abandoned account. Your accountant already has a template they want you to use. If any of those describe you, stay where you are — this page exists to help you decide, not to talk you out of a tool that fits.

Does Rentmark take a percentage of my rent?

No. Tenants pay you directly using your own Stripe link, PayPal or Zelle details, or written bank instructions. Rentmark records the payment, updates the balance and generates the receipt, but it is never in the payment path, so there is nothing for it to take a cut of.

Our bias, stated plainly

This page is published by Rentmark, so read it as what it is. We have tried to keep every claim about spreadsheets sourced and dated, and to be specific about where they win. If something here is wrong or out of date, tell us and we will fix it.

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Look before you switch

The live demo is the whole product with sample data — no account, no email address. Building your own portfolio afterwards is free.

Open the live demoSee the full feature list