North America Tenant Billing Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-Premise), By Application, By Country and Growth Forecast, 2025 - 2032

The North America Tenant Billing Software Market would witness market growth of 7.9% CAGR during the forecast period (2025-2032).

The US market dominated the North America Tenant Billing Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $174.3 Million by 2032. The Canada market is experiencing a CAGR of 9.7% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 9.6% during (2025 - 2032).

This market is emerging as a pivotal part of the digital transformation of the real estate and property management sectors. With the rise of complex multi-tenant buildings, shared spaces, and smart properties, manual and fragmented billing methods have become increasingly inefficient and prone to error.

In addition, tenant billing software is utilized across various real estate settings, offering applications that help streamline operational complexity and ensure accurate financial tracking. The software automates monthly rent calculations in residential properties, such as apartment complexes and condominiums, and allocates shared utility usage, such as water, electricity, and internet.

The market in North America is experiencing robust growth, driven by dynamic real estate trends, rising investments in building construction, and increasing tenant populations across the United States, Canada, and Mexico. These regional factors are contributing to the demand for efficient, digital billing solutions that streamline the management of utility usage, rent, and maintenance charges in multi-tenant residential and commercial properties. As housing affordability, urban development, and infrastructure investments rise across North America, so does the need for advanced tenant billing systems to enhance transparency, operational efficiency, and tenant satisfaction. In the United States, data from the Census Bureau shows that over 21 million renter households—nearly 50% of all renters—spent more than 30% of their income on housing in 2023. This high rent burden underscores a critical need for cost transparency and efficient management of housing-related expenses. Tenant billing software plays a pivotal role in this landscape by providing itemized billing for utilities and shared services, helping renters understand exactly what they’re paying for. In conclusion, market in North America is benefiting from a combination of real estate growth, housing affordability challenges, and increased investment in construction.

Free Valuable Insights: The Tenant Billing Software Market is Predict to reach USD 770.35 Million by 2032, at a CAGR of 8.5%

Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Application, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Yardi Systems, Inc.
• Buildium 
• DoorLoop
• AppFolio, Inc.
• MRI Software LLC
• Honeywell International, Inc.
• Rentvine
• Utility Management Solutions, Inc.
• Delmon Solution
• Optima Energy Systems Ltd.

North America Tenant Billing Software Market Report Segmentation

By Deployment

• Cloud
• On-Premise

By Application

• Residential
• Commercial

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Tenant Billing Software Market, by Deployment
1.4.2 North America Tenant Billing Software Market, by Application
1.4.3 North America Tenant Billing Software Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Tenant Billing Software Market by Deployment
4.1 North America Cloud Market by Region
4.2 North America On-Premise Market by Region

Chapter 5. North America Tenant Billing Software Market by Application
5.1 North America Residential Market by Country
5.2 North America Commercial Market by Country

Chapter 6. North America Tenant Billing Software Market by Country
6.1 US Tenant Billing Software Market
6.1.1 US Tenant Billing Software Market by Deployment
6.1.2 US Tenant Billing Software Market by Application
6.2 Canada Tenant Billing Software Market
6.2.1 Canada Tenant Billing Software Market by Deployment
6.2.2 Canada Tenant Billing Software Market by Application
6.3 Mexico Tenant Billing Software Market
6.3.1 Mexico Tenant Billing Software Market by Deployment
6.3.2 Mexico Tenant Billing Software Market by Application
6.4 Rest of North America Tenant Billing Software Market
6.4.1 Rest of North America Tenant Billing Software Market by Deployment
6.4.2 Rest of North America Tenant Billing Software Market by Application

Chapter 7. Company Profiles
7.1 Yardi Systems, Inc.
7.1.1 Company Overview
7.2 Buildium (RealPage)
7.2.1 Company Overview
7.3 DoorLoop
7.3.1 Company Overview
7.4 AppFolio, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expenses
7.5 MRI Software LLC
7.5.1 Company Overview
7.6 Rentvine
7.6.1 Company Overview
7.7 Utility Management Solutions, Inc.
7.7.1 Company Overview
7.8 Delmon Solution
7.8.1 Company Overview
7.9 Honeywell International, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Optima Energy Systems Ltd.
7.10.1 Company Overview

TABLE 1 North America Tenant Billing Software Market, 2021 - 2024, USD Million
TABLE 2 North America Tenant Billing Software Market, 2025 - 2032, USD Million
TABLE 3 North America Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
TABLE 4 North America Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
TABLE 5 North America Cloud Market by Region, 2021 - 2024, USD Million
TABLE 6 North America Cloud Market by Region, 2025 - 2032, USD Million
TABLE 7 North America On-Premise Market by Region, 2021 - 2024, USD Million
TABLE 8 North America On-Premise Market by Region, 2025 - 2032, USD Million
TABLE 9 North America Tenant Billing Software Market by Application, 2021 - 2024, USD Million
TABLE 10 North America Tenant Billing Software Market by Application, 2025 - 2032, USD Million
TABLE 11 North America Residential Market by Country, 2021 - 2024, USD Million
TABLE 12 North America Residential Market by Country, 2025 - 2032, USD Million
TABLE 13 North America Commercial Market by Country, 2021 - 2024, USD Million
TABLE 14 North America Commercial Market by Country, 2025 - 2032, USD Million
TABLE 15 North America Tenant Billing Software Market by Country, 2021 - 2024, USD Million
TABLE 16 North America Tenant Billing Software Market by Country, 2025 - 2032, USD Million
TABLE 17 US Tenant Billing Software Market, 2021 - 2024, USD Million
TABLE 18 US Tenant Billing Software Market, 2025 - 2032, USD Million
TABLE 19 US Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
TABLE 20 US Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
TABLE 21 US Tenant Billing Software Market by Application, 2021 - 2024, USD Million
TABLE 22 US Tenant Billing Software Market by Application, 2025 - 2032, USD Million
TABLE 23 Canada Tenant Billing Software Market, 2021 - 2024, USD Million
TABLE 24 Canada Tenant Billing Software Market, 2025 - 2032, USD Million
TABLE 25 Canada Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
TABLE 26 Canada Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
TABLE 27 Canada Tenant Billing Software Market by Application, 2021 - 2024, USD Million
TABLE 28 Canada Tenant Billing Software Market by Application, 2025 - 2032, USD Million
TABLE 29 Mexico Tenant Billing Software Market, 2021 - 2024, USD Million
TABLE 30 Mexico Tenant Billing Software Market, 2025 - 2032, USD Million
TABLE 31 Mexico Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
TABLE 32 Mexico Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
TABLE 33 Mexico Tenant Billing Software Market by Application, 2021 - 2024, USD Million
TABLE 34 Mexico Tenant Billing Software Market by Application, 2025 - 2032, USD Million
TABLE 35 Rest of North America Tenant Billing Software Market, 2021 - 2024, USD Million
TABLE 36 Rest of North America Tenant Billing Software Market, 2025 - 2032, USD Million
TABLE 37 Rest of North America Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
TABLE 38 Rest of North America Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
TABLE 39 Rest of North America Tenant Billing Software Market by Application, 2021 - 2024, USD Million
TABLE 40 Rest of North America Tenant Billing Software Market by Application, 2025 - 2032, USD Million
TABLE 41 Key Information – Yardi Systems, inc.
TABLE 42 Key Information – Buildium
TABLE 43 Key Information – DoorLoop
TABLE 44 Key Information – AppFolio, Inc.
TABLE 45 Key Information – MRI Software LLC
TABLE 46 Key Information – Rentvine
TABLE 47 Key Information – Utility Management Solutions, Inc.
TABLE 48 Key Information – Delmon Solution
TABLE 49 Key Information – Honeywell International, Inc.
TABLE 50 Key Information – Optima Energy Systems Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Tenant Billing Software Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Tenant Billing Software Market
FIG 4 Porter’s Five Forces Analysis – Tenant Billing Software Market
FIG 5 North America Tenant Billing Software Market share by Deployment, 2024
FIG 6 North America Tenant Billing Software Market share by Deployment, 2032
FIG 7 North America Tenant Billing Software Market by Deployment, 2021 - 2032, USD Million
FIG 8 North America Tenant Billing Software Market share by Application, 2024
FIG 9 North America Tenant Billing Software Market share by Application, 2032
FIG 10 North America Tenant Billing Software Market by Application, 2021 - 2032, USD Million
FIG 11 North America Tenant Billing Software Market share by Country, 2024
FIG 12 North America Tenant Billing Software Market share by Country, 2032
FIG 13 North America Tenant Billing Software Market by Country, 2021 - 2032, USD Million
FIG 14 SWOT Analysis: Honeywell international, inc.