TurboTenant
Free software for DIY landlords to list units, screen tenants, and collect rent.
TurboTenant keeps adding landlords and rent volume, but its free-tier funnel faces a well-funded Avail and an unproven Autopilot service pivot.
TurboTenant helps landlords list apartments, screen tenants, collect rent, and manage properties through a mix of free tools and paid services. The company has built defensible advantages: it plugs into TransUnion's credit system, handles compliance screening that AI cannot legally do alone, and is now launching a human-powered management service called Autopilot. However, Avail (owned by Realtor.com) offers similar free tools to landlords and has a huge distribution advantage through its parent company's real-estate website. The biggest unknown is whether Autopilot can make money once it scales across multiple states, because hiring people to manage properties is expensive and risky, and if those costs eat into profits, the whole business picture changes.
TurboTenant landlord growth rate stalls for two consecutive quarters. Would indicate freemium DIY segment competitors are pulling customers away.
Autopilot service expansion triggers state-licensing dispute or public liability incident. Would show services pivot execution risk materializing beyond core software model.
- 1M+ landlords on platform
- $3B+ rent processed in 2025
- ~$7.8M ARR (estimate)
- Autopilot's state-by-state human labor expansion faces licensing and liability exposure.
- Freemium DIY-landlord model relies on unverified, inconsistent revenue figures suggesting thin unit economics.
- Azibo and REI Hub acquisition migrations create customer churn and data continuity risk.
- Customer support resourcing strain flagged amid rapid landlord and headcount growth.
- AI feature race with AppFolio's Realm-X could erode TurboTenant's AI-forward positioning.
| Rival | Direction | Evidence |
|---|---|---|
| Avail (Realtor.com/Move Inc.) | contesting | Unblocked, well-capitalized direct rival; screening tool ranked #1 by Investopedia per Innago, cited 2025-12-31 |
| AppFolio | gaining on | Shipped autonomous AI leasing agent Realm-X Leasing Performer, per AppFolio's own blog, 2026-02-25 |
| Zillow | contesting | Owns rental listing traffic and offers free Zillow Rental Manager tools competing for same DIY landlords |
| DoorLoop | gaining on | Vendor comparison pages position DoorLoop as fuller-featured step-up for growing landlord portfolios, 2026-06-04 |
- Is TurboTenant profitable in 2026?
- TurboTenant has not disclosed profitability or audited revenue. It reported nearly 900,000 landlords and over 3 billion dollars in rent processed in 2025 (as of December 22, 2025), and surpassed 1 million landlords by February 24, 2026, but no profit or loss figures are public.
- Who owns TurboTenant?
- TurboTenant is privately held, founded by Sarnen Steinbarth in Fort Collins, Colorado. Philadelphia private equity firm LLR Partners made a growth equity investment in October 2024, with prior investors including RET Ventures retaining minority stakes.
- Could AI replace TurboTenant?
- Generalist AI can already replicate TurboTenant's listing writing and maintenance triage, features it itself automated with OpenAI models starting August 29, 2023. But its TransUnion screening rails and its January 20, 2026 Autopilot human property manager layer are harder for pure AI to replace.
- Who is TurboTenant's biggest competitor?
- Avail, owned by Realtor.com's parent Move Inc., is TurboTenant's closest direct rival in the DIY landlord niche and has unblocked listing-page distribution. AppFolio, which shipped an autonomous AI leasing agent called Realm-X (noted February 25, 2026), targets the market from above.
- What is TurboTenant's Autopilot product?
- Autopilot is TurboTenant's flat-fee, fully-managed property management service pairing technology with human property managers, launched January 20, 2026 with 40,000+ repairs coordinated and 180,000+ on-demand showings by launch, expanded to Colorado by July 7, 2026.
- How many landlords use TurboTenant?
- TurboTenant reported nearly 900,000 landlords as of December 22, 2025, up 22% year over year, then announced it had surpassed 1 million landlords on the platform by February 24, 2026, per its own press release.
- 2026-07-07Autopilot full-service management expanded to Colorado, roughly 15 states total
- 2026-02-24TurboTenant announced surpassing 1 million landlords on platform
- 2026-02-12Azibo platform migration into TurboTenant completed
- 2026-01-20Launched Autopilot flat-fee full-service property management
- 2025-12-22Reported nearly 900,000 landlords, 22% YoY, $3B+ rent processed in 2025
- 2025-12-03Launched Maintenance AI for tenant request triage
- 2025-05-08Acquired Azibo, a landlord financial services platform
- 2024-12-12Acquired REI Hub, a rental accounting software company
- 2024-10-01LLR Partners made a growth equity investment in TurboTenant
- 2023-08-29Launched AI Property Description tool built on OpenAI models
- TurboTenant Wraps 2025 with Nearly 900,000 Landlords and $3B in Rent Processed (2025-12-22)
- TurboTenant Surpasses 1 Million Landlords (2026-02-24)
- TurboTenant - Headcount, Funding & Open Jobs (2026-06-20)
- TurboTenant
- $7.8M ARR, $23.4M Valuation (2025-04-09)
- TurboTenant - Overview, News & Similar companies
- TurboTenant Ranked No. 824 on Inc. Magazine's list (2023-09-07)
- TurboTenant Company Growth, Stability & Outlook 2026 (2026-04-03)
- TurboTenant acquires REI Hub (2024-12-12)
- TurboTenant absorbs landlord financial management software firm Azibo (2025-05-08)
- Welcome to TurboTenant: Important Information for Azibo Landlords (2026-02-12)
- Simplify Maintenance Management - TurboTenant (2025-12-03)