Baselane Pricing 2026: Free Banking, Paid Features, and What You Actually Need
Baselane's core landlord banking is free. The paid plan adds lease management and advanced analytics. Here's exactly what each tier includes and whether upgrading is worth it.
Baselane is one of the more unusual tools in the property management space: it leads with landlord banking (a real FDIC-insured bank account), and the property management features are built around that banking core. Here’s what each pricing tier includes and when you actually need to upgrade.
The Short Answer
Baselane’s core banking and rent collection are free. You can open an account, collect rent, and track expenses at zero cost.
Baselane Plus (~$15/month) adds lease management, advanced reporting, and a few workflow automations.
Baselane Free — What You Get
Everything a landlord needs to bank and collect rent:
- FDIC-insured landlord banking — dedicated business checking accounts (up to 20 per property)
- Virtual cards per property — issue dedicated debit cards to separate property expenses
- Online rent collection — ACH bank transfers, with optional credit/debit card payments
- Automatic income and expense categorization — transactions auto-tagged to real estate categories
- Basic financial reporting — income statements, expense summaries
- Unlimited properties and units — no unit cap on the free plan
- Tenant portal — tenants pay online, submit maintenance requests
- High-yield savings — competitive APY on your rental reserves and security deposits
What Makes the Free Plan Genuinely Useful
The FDIC-insured banking is the key differentiator. Unlike connecting an external account to a tracking tool, Baselane is your bank account — and it’s purpose-built for rental income. Every dollar that flows through is automatically categorized to the right property and expense type.
Baselane Plus — ~$15/month (or ~$120/year)
The paid tier adds operational management features:
- Lease management — store and track lease agreements, terms, and expiration dates
- Lease renewal automation — reminders when leases are approaching expiration
- Advanced financial reports — more detailed profit/loss, cash flow, and tax-ready reports
- Bulk rent collection — apply one-click late fee charges across multiple units
- Priority customer support
- Automated late fees — configure late fee rules that apply automatically
Is Plus Worth It?
| If you… | Recommendation |
|---|---|
| Have multiple leases to track with varying end dates | ✅ Lease management is valuable |
| Want automated late fees | ✅ Saves manual work at scale |
| Need detailed tax reporting | ✅ Advanced reports worth it |
| Are banking with Baselane and just collecting rent | ❌ Free plan is sufficient |
| Have 1–3 units and manage informally | ❌ Free plan covers it |
Full Pricing Table
| Free | Plus | |
|---|---|---|
| Monthly cost | $0 | ~$15/month |
| Annual cost | $0 | ~$120/year |
| Properties/units | Unlimited | Unlimited |
| Landlord banking | ✓ | ✓ |
| Virtual cards per property | ✓ | ✓ |
| Rent collection (ACH) | ✓ | ✓ |
| Expense tracking | ✓ | ✓ |
| Basic reporting | ✓ | ✓ |
| High-yield savings | ✓ | ✓ |
| Lease management | ✗ | ✓ |
| Advanced reports | ✗ | ✓ |
| Automated late fees | ✗ | ✓ |
| Priority support | ✗ | ✓ |
Hidden Costs and Fees
ACH rent collection: Free for both landlord and tenant on standard ACH transfers.
Card payments: If tenants pay by credit/debit card, there’s a processing fee (typically 2.9–3.5%) — this is typically passed to the tenant or absorbed by the landlord.
Wire transfers: Standard wire transfer fees apply (usually $15–25 outgoing).
No setup fee, no per-unit fee, no minimum balance requirement on the checking account.
Baselane vs. Alternatives (Pricing Context)
| Tool | Core price | Banking | Rent collection | Tax reporting |
|---|---|---|---|---|
| Baselane | Free | ✓ Built-in | ✓ Native | Basic |
| Stessa | Free | ✗ Connect external | ✓ (partner) | Excellent |
| TurboTenant | Free | ✓ Partner | ✓ Native | Basic |
| Landlord Studio | Free / $12+ | ✗ | ✓ | Good |
Baselane’s differentiation is the banking product. If you want a dedicated landlord bank account where income and expenses are automatically categorized and separated by property, Baselane’s free plan is hard to beat.
Who Should Use Baselane?
Best for:
- Landlords who want a dedicated landlord bank account (not just a tracker connected to a personal account)
- Landlords collecting rent online who want everything in one place
- New landlords setting up financial infrastructure from scratch
- Landlords who want to earn yield on security deposits and capital reserves
Not ideal for:
- Landlords who primarily need deep portfolio analytics and investor-level reporting (Stessa is better for this)
- Landlords who need full property management features: tenant screening, maintenance management, detailed lease management (dedicated PM tools cover this better)
A Common Combination
Many landlords use both Baselane and Stessa: Baselane for banking and rent collection, Stessa connected to the Baselane account for deeper tracking and tax reporting. Both have free tiers, so there’s no cost to running both.
FAQ
Is Baselane a real bank? Baselane banking is FDIC-insured up to $250,000, provided through Thread Bank (Member FDIC). It’s a real bank account, not a virtual wallet.
Does Baselane have a minimum balance? No minimum balance required on the free checking account.
Can I have multiple Baselane accounts? Yes — you can create up to 20 virtual accounts per property, all within one Baselane account. Useful for separating operating funds from security deposits.
Does Baselane file taxes for me? No. Baselane provides reports you can use at tax time, but doesn’t file taxes directly. For automated Schedule E prep, Stessa has more depth.
→ Open a Baselane landlord account — free
See how Baselane compares: Baselane vs Stessa | Baselane vs Landlord Studio