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  • Payments & Wallets

Flex & AppFolio Partner for Flexible Rent Payments


Flex & AppFolio Partner for Flexible Rent Payments
  • by: Source Logo
  • |
  • October 9, 2025

Flex, a leading provider of flexible rent payment solutions, and AppFolio, a technology leader in real estate, have announced a partnership to integrate Flex’s innovative payment option into AppFolio’s platform. This collaboration enables residents to split monthly rent into smaller, manageable payments via the AppFolio tenant portal, while property managers receive full rent payments on time, streamlining operations and improving resident satisfaction.

Quick Intel

  • Flex and AppFolio partnership integrates flexible rent payments into tenant portals.
  • Residents can split rent into smaller payments; managers get full payments on time.
  • AppFolio’s 2025 Renter Preferences Report shows 69% of renters value payment flexibility.
  • Flex processes $16B in on-time rent payments annually for thousands of U.S. property managers.
  • Partnership boosts on-time payments, resident retention, and net operating income (NOI).
  • Aligns with rising demand for financial wellness in real estate.

Addressing Renter Needs with Flexibility

The partnership tackles a key renter priority identified in AppFolio’s 2025 Renter Preferences Report, where 69% of renters consider flexible payment options important when choosing a home. Flex’s solution allows residents to customize payment schedules, reducing financial stress while building credit. Shragie Lichtenstein, CEO of Flex, stated, “Partnering with AppFolio allows us to seamlessly deliver this benefit directly within tenant portal workflows and fully integrate into the property ledger. Together we are creating a true win-win scenario: residents gain payment flexibility and property managers see improved on-time payments at no additional cost or effort.”

Benefits for Property Managers

By embedding Flex’s payment option, AppFolio customers enhance operational efficiency with no added cost or effort. The integration ensures full rent payments are received on schedule, boosting on-time payment rates, resident retention, and NOI. Chris Womack, Chief Growth Officer at AppFolio, noted, “Today’s renters seek financial empowerment and greater control over their monthly budget. By partnering with Flex, we’re enabling property managers to offer Flex’s popular payment option right within their online portal.” Flex’s track record—facilitating over $16 billion in annual on-time payments—underscores its reliability for thousands of property management companies.

Strategic Impact

This partnership aligns with broader trends in real estate, where financial wellness is increasingly critical. With renters prioritizing flexibility amid economic pressures, and property managers seeking efficiency in a $500 billion U.S. rental market, the collaboration positions Flex and AppFolio to capture growing demand. The seamless integration into AppFolio’s platform, used by thousands of property managers, enhances resident experiences while streamlining financial operations, setting a new standard for rental payment solutions.

About Flex

Flex is a leading financial wellness company that allows residents to split their rent and build credit. Trusted by millions of residents and thousands of property management companies, Flex integrates seamlessly with major property management systems to support operational efficiency and deliver a superior resident experience.

  • Flexible RentApp FolioFinancial Wellness
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