One of the biggest industries in the world is the real estate industry. Undoubtedly, it is also amongst the most profitable businesses across the world. In the real estate industry, firms provide many different types of services, including selling, leasing, and buying properties.
In today’s time, people are migrating in very large proportions from one place to another in search of jobs, work, business, family, or other reasons. This has led to increasing demand for rental homes, and that’s why there is an increasing need for tenant finder app development.
Many landlords or property owners in urban locations are considering developing apps to find tenants. A tenant finder mobile app development could solve various problems related to finding properties, ensuring property is given to the right people, streamlined payments, etc.
If you are in a real-estate business and are looking to expand your services by leveraging digital technology, you must go for tenant finder mobile app development. People are now even going for solutions like cook finder app development or maid finder app development, while tenant finder app has more market and profit potential. In this article, we will go through various aspects of how to create apps to find tenants. Let’s start with the basics.
What is the Tenant Finder App?
A tenant finder app is a multi-purpose app that facilitates several tasks of property owners and tenants. It helps landlords find tenants for their properties and makes the communication between landlords and tenants as easy, effective, and quick as possible to solve issues that may arise in the rented property.
During tenant finder app development, a lot of features are implemented to streamline the process of possession of rented property, payments, communication, and other tasks. A tenant finder app acts as a single administrative console for its owners, where they can manage the experience of their residents.
Market Statistics:-
The Tenant Management System Market was valued at roughly USD 1.5 billion in 2023 and is predicted to reach USD 4 billion by 2032, increasing at a compound annual growth rate (CAGR) of around 12% between 2023 and 2032.
This growth is hugely propelled by the coronavirus pandemic, which makes people turn to digital solutions for most of their needs.
Amazing Features to Add to the Tenant Finder App:

In the tenant finder app development, the features aim to smoothen the process of landlords listing their properties while renters can browse, inquire, and apply for a property. The purpose is to connect property owners with available apartments to qualified tenants. Here are the major features that we offer in our mobile app development services:
Advertising Vacancies:
How do you list on a tenant finder app? It is quite similar to the process of getting listed on any listing app. A property owner can list houses, apartments, condos, co-ops, and rooms for rent. There can be a premium plan if the property owners want to get a prominent position in the search results.
Applications:
The renters would be able to fill out applications and send them to agents or landlords. There can be several questions to choose from when applying for a rental. However, certain questions would be mandatory to ask. Interested people can apply directly for a property within the app. When a candidate finds a property of interest, they could check its availability. They could see the contact details of the landlord or agent.
Tenant Screening:
There will be a tenant screening process on the app, which includes a credit report including a ResidentScore, Criminal background check, and eviction history. The screening is highly important to ensure that the property is not being rented to a person with legal questioning.
Lease and E-signing:
There should be a digital lease signing feature with any reliable third-party digital signing tool. The tenants and landlords should be able to save the lease in their digital storage.
Rent Collection:
The tenant finder app will also facilitate a smoother collection of payments. You can even integrate an Autopay feature so that tenants don’t have to worry about late payments. Landlords can design rent schedules, track ongoing charges, and see an overview of their upcoming and past payments. The software also sends out automatic payment reminders to assist renters in paying on time.
Maintenance Request Tracking:
You can also implement a feature to raise maintenance requests and track them. This will allow the renters to report any kind of issue with the property, and the landlord could also respond promptly.
Financial Tracking and Reporting:
The financial tracking and reporting feature collects all financial information, including rent, deposit, and utility payments. It can also have the option of tracking expenses.

Reasons To Invest in Tenant Finder Mobile App Development:
People now prefer mobile solutions for their everyday tasks or problems. The real estate industry also depends on the technology. Real estate app development is already on the rise, and the tenant finder app is a specialized solution that offers various benefits. Here are the major reasons why to invest in a tenant finder app:
Visibility:
A tenant finder mobile application will get real estate on the users’ screen, and thus, its logo or image has a stimulative effect on the human brain. As the users will unlock their phones, they will tend to use the app to find properties. It will directly or indirectly boost the brand’s visibility.
Market Opportunity:
Nearly 90% of home or property searches, including rental houses, are done online. People prefer to look for properties on digital screens.
Boost Loyalty:
Why will users download and use the app? They demand a reason. You have to offer high utility and value to the users, which is worth exploring and consuming. Once all the things get loaded on the app, it will not just help in gaining users’ attention and make it the best app for renting apartments but also earn users’ loyalty.
Efficiency:
Real estate owners want to have solid or reliable leads. A tenant finder app does that because if someone is downloading and installing the app, he/she is putting in effort, which increases the likelihood of conversion. Also, sending offers, promotional push notifications, etc., has become easier with an app.
Tenant Finder App Development Process [5 Steps]

After knowing the benefits, core features, and market statistics, you must be wondering how to develop an app to find tenants. Well, we have also outlined that for you. Here is the process:
Analysis of the Market:
There is no value in initiating mobile app development without proper market research. Conducting market research will help you find the right target audience for your app. It will help you find the answer to what you want to achieve with this app. You also have to identify how your app will stand apart from your competitors and how you will fill the market gap with your app.
Hire Mobile App Developers:
The next big step you have to take is to find a reliable partner for mobile app development services. The mobile app developers will convert your idea into a digital reality. They will decide the success of your app, and that’s why it is the most crucial step. When you hire mobile app developers, make sure they have vast experience and a success rate, along with positive feedback or testimonials. It will be a plus point if they have experience in similar mobile app developments like roommate finder app development, real estate app development, etc.
Prototyping and Wireframing:
Prototypes are the app’s design and advanced UI model, which allow designers to test the app’s navigation and provide input on the design.
Wireframes are app rules that provide a clear overview of the app’s structure, layout, and architecture. The designers follow the wireframes, which serve as a visual guide for the entire project.
Design and Development:
Here comes the most crucial stage: design and development. Firstly, the design is created, and the mobile app designers focus on creating visually attractive and mobile responsive designs.
On the other side, the developers start bringing life to the app with astonishing features and functionalities that bring positive user experience.
Testing and Deployment:
This is the last stage in which the QA teams check for any issues or bugs, and once they give a sign-off, it is ready for deployment and launched on app stores.
How Much Does it Cost to Develop a Tenant Finder App?
Several factors will influence the cost of mobile app development. The major ones are:
Features or functionalities:
An app with standard or MVP features costs much less than an app with advanced features and functionalities. Implementing advanced features increases the complexity of the app, which further increases the hours spent on development and overall costs.
Platform:
Generally, the cost of developing an iOS app is higher than that of developing an Android mobile app. If you want to develop separate apps for both platforms, then there will be a significant rise in cost. However, we always recommend employing a cross-platform app development approach with React Native that allows a single codebase to be used for both iOS and Android app development. Cross-platform development allows for development at much lower costs.
Location of the development:
This is the most important factor that influences the overall cost of development. A mobile app development company located in the USA or Eastern Europe will charge $80-$120 per hour. On the other side, mobile app developers in Southeast Asian regions like India, Malaysia, or Singapore will provide you with the same quality at $25-$40 per hour.
Generally, a standard tenant finder app takes 600-700 days to complete development. Now, the overall costs depend on the hourly rates of the chosen mobile app development company. We always recommend hiring mobile app developers from India, as they have solid expertise at affordable rates.
Revenue Models of Tenant Finder App:
There are two major revenue models of the tenant finder app:
1. Listing Fee:
In this model, the landlords have to pay a fixed fee to get registered on the platform and get a place in the search results of the properties. There can also be a premium to get a place on top search results.
2. Commission-Based Model:
In this model, the landlords have to pay a certain portion of the commission while closing a deal on the platform with the tenants. There can also be a platform fee for tenants for the transaction.
For renters, the app would be free to browse properties and look for available spaces. Popular tenant finder apps like Zumper also work on the above-mentioned revenue models.
Core Technologies Behind Tenant Finder App:
The tech stack plays an imperative role in defining the performance, scalability, and speed of the tenant finder app. We recommend following tech stack with their respective purpose:
Node.js, JavaScript | Backend Development |
React Native, React.js, Electron.js | Frontend Development |
Infrastructure | AWS, Heroku |
Database | PostgreSQL, MySQL, Redis |
Swift, Objective C, Xcode | iOS |
Kotlin, Android Studio | Android |
Conclusion:
A tenant finder app will be a demand solution, particularly in metropolitan or tier-2 cities in almost every country. There is a huge potential in the market, and that’s why it would be a good decision to invest in this app. At Octal IT Solutions, the best mobile app development services provider in the USA, and India, we can provide you with a top-class tenant finder app with advanced features and functionalities. Let us know your requirements.
