Managing mid-term rentals (MTRs)—furnished properties rented for 30 days to 12 months—can quickly become overwhelming. Frequent tenant turnover, flexible lease terms, monthly invoicing, and juggling multiple booking platforms create constant headaches for landlords.
That’s why mid-term rental management software is essential. The right platform automates payments, communications, and maintenance, giving you a clear view of your finances and freeing up time to focus on growing your portfolio—without the stress.
We have enlisted the top 6 platforms to help you manage your listings, get visibility into cash flow, and reduce manual workload.
Key takeaways
- Mid-term rentals fill a growing niche between short-term and long-term rentals, offering flexibility for tenants and steady monthly income for landlords.
- Specialized MTR property management software helps you manage the unique workflows of MTRs, including flexible leases, monthly invoicing, and maintenance requests.
- Look for features like automated rent collection, flexible booking calendars, tenant screening, lease customization, channel integrations, and financial reporting.
- Popular platforms include Baselane, Hostaway, iGMS, Guesty, Buildium, and RentecDirect.
- Consider your portfolio size, location, budget, ease of use, and scalability to find the best platform.
What is mid-term property management software?
Mid-term rental management software is designed for properties rented for flexible periods—longer than vacation rentals but shorter than annual leases. It’s sometimes called an extended stay property management system.
This software helps landlords and property managers:
- Handle leases that aren’t standard 12-month contracts (rules for renting a room in your house)
- Schedule monthly payments and prorated rent
- Automate tenant communication
- Track rental property operating expenses, income, and financial reports
Unlike short-term vs long-term rentals platforms, MTR software is built for monthly rental properties, making it easier to manage flexible, furnished rentals efficiently.
Benefits of using mid-term rental management software
Using specialized landlord software for MTRs provides clear, measurable benefits:
- Saves time: Automates repetitive tasks like rent reminders, booking confirmations, and maintenance requests.
- Reduces errors: Prevents double bookings, missed payments, and scheduling conflicts.
- Centralizes operations: Combines tenant communication, bookings, maintenance, and finances in one platform.
- Boost revenue: Tools like dynamic pricing, automated reminders, and seamless channel management help improve occupancy and monthly income.
- Offer better tenant experience: Automated communication, digital lease signing, and organized record-keeping enhance the experience for tenants.
- Helps you scale your portfolio: Makes it easier to handle growing portfolios without increasing manual workload.
Must-have features for mid-term rental software
Landlords managing mid-term rentals (typically 1-6 months) need software that handles flexible stays, quick turnovers, and steady cash flow without extra hassle.
- Flexible calendars to set custom stay lengths and avoid double bookings with visual overviews of move-ins and move-outs.
- Channel manager that links to Airbnb, VRBO (VRBO host requirements), Furnished Finder, or CHBO so one changes updates everywhere.
- Auto-messages for confirmations, annual rent reminders, and move-out info to keep tenants happy without daily calls.
- Tenant screening with quick background checks suited for shorter stays, plus easy online applications.
- Online rent collection with auto-reminders, late fees, and options like ACH or cards for quick payouts.
- Banking links or built-in accounts to see cash flow, split deposits, and categorize spending for taxes.
- Simple reports on income, expenses, and profits per property, ready for your accountant.
- Maintenance tickets where tenants submit issues with photos, and you assign vendors or track progress
- Customizable e-sign leases for different lengths, renewals, or add-ons like utilities.
- Tenant portals for payments, chats, and docs, plus owner views for portfolio overviews.
Best mid-term rental property management tools
Baselane
Baselane is an integrated banking and bookkeeping platform that keeps all your mid-term rental finances in one place, so you always know where your money is going and coming from.
It helps you get visibility into every property’s performance and easy access to cash, without juggling multiple apps. From automating bookkeeping to getting cash flow visibility, Baselane makes mid-term rental banking organized and seamless.
Key features
- Automated rent collection: Receive ACH and debit payments into your Baselane account, automate reminders, and charge late fees.
- Automated expense tracking: Log repairs, supplies, and other costs with photos and receipts, and tag them automatically to the correct category and property for easy tax filing.
- Bank integration: Manage multiple accounts or connect to your external bank accounts to get a single dashboard view of all rental finances.
- Financial dashboards: Real-time balances, cash flow charts, and property performance metrics provide an instant overview of profitability.
- Security deposit management: Split deposits safely and return funds to tenants within two days of payment.
Pricing
- Baselane Core: Free with access to the integrated banking, bookkeeping, and rent collection features
- Baselane Smart: $20/month with everything in Core plus, custom categories, automated transfers, AI-based transaction tagging, and auto-receipt match.
Hostaway
Hostware is designed for managers with multiple listings and is strong on channel management and automation, especially if you have properties listed on OTAs.
Key features
- Automated guest communication
- Multi-platform channel management (Airbnb, VRBO, Furnished Finder)
- Maintenance tracking and reporting
- Dynamic pricing and booking management
Pricing
Custom plans. Pricing can range between $10 - $50 per listing.
iGMS
iGMS is one of the few software that supports both STR and MTR properties with workflow automation and unified communication tools. It’s a good option if you’re in the middle of switching from STR to MTR portfolio.
Key features
- Unified inbox for guest communication
- Automated monthly messaging and task management
- Direct bookings with integrated payment links
- Reporting by stay type (STR vs MTR)
Pricing
Starting at $1 USD per booked night, minimum $20 per property/mo
Also read: Dedicated rent collection app, best free property management software, and property management financial software
Guesty
Guesty is one of the well-known rental management platforms, popular with professional property managers. It offers full-service tools for managing mid-term rentals across multiple platforms.
Key features
- Channel management across OTAs and MTR-specific platforms
- Automated task workflows for check-ins, check-outs, and cleaning
- Digital lease and payment automation
- Detailed financial reporting and dashboards
Pricing
Starts from $9/mo + 1% per reservation fees.
Buildium
Buildium is a property management software that focuses on property managers and landlords with larger portfolios. It’s a good option if you want advanced property management features and have a large portfolio of MTRs.
Key features
- Online rent collection and accounting
- Lease customization for flexible terms
- Tenant screening and native communication tools
- Customizable workflows and maintenance management
Pricing
Starts at $62/mo and can go up to $400/mo based on the number of units you manage.
Rentec Direct
Rentec Direct is an affordable solution for medium-term portfolios and small management companies that want integrated accounting and rent collection.
Key features
- Automated monthly rent collection
- Digital lease creation for flexible durations
- Tenant screening and reporting
- Maintenance tracking and notifications
Pricing
Start at $50/mo for 1 unit with a 14-day free trial.
Mid-term rental software comparison table
Best practices for choosing mid-term rental software
Landlords picking mid-term rental property management software should match tools to their portfolio size, daily headaches like quick turnovers, and budget to avoid wasting time or money.
Check if the software matches your needs
Start by listing what bugs you most—chasing rent, fixing leaks fast, or syncing bookings from sites like Furnished Finder. Test free trials on 2-3 options that fix those exact pains, since mid-term stays mean more flexible leases and tenant swaps than long-term ones.
To find more ioptions, check out our guide on property management software for small landlords and multi-family property management platforms.
Check if the tool offers essential features
Look for easy calendars that handle 1-6 month stays without double-books, auto-rent pulls from multiple sites, and simple maintenance apps where tenants snap photos of issues. Built-in tenant checks and e-leases save hours on paperwork for short-term pros moving in.
Test ease of use and setup
Sign up for demos or trials to see if the dashboard feels natural on your phone during a site visit—no steep learning curves for busy landlords. Ensure it scales if you add properties and works for solo users or small teams without extra fees.
Review costs and customer support reliability
Compare full pricing beyond "free"—watch for per-unit charges or add-ons for payments, then calculate against your rent roll. Pick ones with quick chat support and real user reviews on sites like Capterra, since mid-term glitches hit cash flow hard.
Read user feedback and reviews
Read recent landlord stories on Reddit, G2, or Capterra for your city or property type, focusing on mid-term wins like fast payouts or channel syncs. Ask providers for case studies from similar users to confirm it delivers.
Streamline your mid-term rentals with Baselane
Specialized mid-term property management software simplifies the process, centralizes operations, and helps you save time, reduce errors, and boost revenue.
Among the options we discussed, Baselane stands out for landlords who want a clean, organized view of their finances. Its integrated banking, automated expense tracking, and real-time reporting make managing the money side of mid-term rentals smooth, so you can focus on growing your portfolio while keeping cash flow under control. Sign up for Baselane today!
FAQs
What is a mid-term rental?
An MTR in real estate is a furnished property rented for a flexible period, typically ranging from 30 days to 12 months. They cater to tenants needing temporary housing, such as traveling professionals or those relocating.
How is MTR property software different from STR or LTR software?
MTR property software offers features tailored to stay between short-term vacation rentals and long-term leases, such as flexible lease terms, specific integrations with MTR booking platforms like Furnished Finder, and communication workflows optimized for mid-length stays.
Can I use a free property management software for MTRs?
Some free property management software might offer basic features like rent collection or expense tracking. Still, they often lack specialized MTR capabilities such as flexible calendar management or channel integration needed for this specific rental type.
What are the most important features for medium-term rental management software?
Key features include flexible booking/calendar management, robust channel management (including MTR platforms), automated communication, customized lease generation, and integrated financial tracking.
Is the midterm rental property management software suitable for small landlords?
Yes, many platforms offer tiered pricing or features specifically for small portfolios, helping independent landlords manage their MTRs efficiently without needing extensive manual processes.
