Parqay vs Innago: an honest comparison
Two free platforms with different jobs. Innago manages traditional rentals end to end. Parqay manages rentals and puts paying demand into your vacant space.
The short answer
Pick Innago if you run traditional long-term rentals and want applicant-paid tenant screening, listing syndication to Zillow and Zumper, and deeper reporting, all at no software cost. Pick Parqay if you want one free system that runs leases, rent, and maintenance and also generates income from vacant parking, guest suites, and coworking space through a built-in marketplace.
If screening and syndication are must-haves today, Innago is the better choice. If flexible hourly, nightly, and monthly terms and new revenue from idle space matter more, Parqay is.
Feature comparison
Both platforms are free to use and cover the property management basics, and they diverge sharply past that. Innago goes deeper on traditional landlord tooling, while Parqay is the only one with a demand marketplace built in.
| Parqay | Innago | |
|---|---|---|
| Pricing model | Free; share of marketplace bookings | Free; transaction and screening fees |
| Entry price | Free to sign up and list | $0 for landlords; tenant transaction fees |
| Free tier | Yes, the whole platform | Yes, core software free for landlords |
| Accounting | Double-entry ledger; Schedule E categories; CSV export | Income and expense tracking; QuickBooks Online sync |
| Trust accounting | Not offered | Not advertised |
| Tenant screening | Not offered | Applicant-paid credit, criminal, eviction reports |
| Listing syndication | Not offered; Craigslist autoposting for parking only | Yes, Zillow and Zumper networks |
| Maintenance | Work orders with photos, AI-assisted triage | Tenant requests and work order tracking |
| Owner portal | Not offered | Owner and investor access with reports |
| Reporting | Schedule E summaries; no rent roll or P&L | P&L, rent roll, deposit reports |
| Flexible-term leasing | Hourly, nightly, monthly; pay-in-full option | Standard long-term lease terms |
| Built-in demand marketplace | Yes: parking, stays, coworking, SMS concierge | Not offered |
| Ancillary revenue generation | Yes, idle space earns via bookings | Not offered |
| Migration support | Team-assisted, done with you | Support-assisted setup |
Where Innago is stronger
Innago is stronger at the traditional property management core: tenant screening, listing syndication, reporting depth, and a long public track record. If your business is standard long-term rentals, these are real advantages and Parqay does not currently match them.
Tenant screening built in
Credit, criminal, and eviction reports run inside the application flow and the applicant pays the fee. Parqay does not offer screening, so Innago saves you a separate screening vendor.
Listing syndication
Innago pushes vacancies to the Zillow and Zumper networks, per its own announcements at innago.com. Parqay does not syndicate rental listings to those sites.
Deeper landlord reporting
Profit and loss statements, rent roll, bank deposit, and deposits-held reports, plus a QuickBooks Online connection. Parqay has no rent roll or per-unit P&L today.
Owner and investor access
Access levels and shared reports for partners and investors. Parqay has no owner portal or owner statements.
Track record and support
Rated 4.9 out of 5 across 521 reviews on Capterra (capterra.com/p/166893/Innago), with customer service subrated 4.9 and reviewers repeatedly praising the support team.
Where Parqay is stronger
Parqay is stronger wherever your property has unused capacity, because it is the only platform in this comparison that brings paying demand to you and books it onto your ledger. Innago manages the tenants you find; Parqay also finds bookings for the space you have.
A marketplace that fills your vacancy
Vacant parking, guest suites, and coworking space get listed on the Parqay marketplace and booked by paying customers. An SMS concierge answers inquiries and sends booking links, parking listings autopost to Craigslist, and every booking posts to your double-entry ledger automatically.
Flexible hourly, nightly, and monthly terms
Marketplace listings rent by the hour, night, or month, and leases bill monthly with a pay-in-full option for longer stays. Innago is built around standard long-term lease terms.
A model aligned with your income
The software is free and Parqay earns a percentage of marketplace bookings, so Parqay only makes money when your space does. There are no per-tenant charges to worry about passing along.
Migration done with you
The Parqay team migrates your data with you from an export of your current system. It is a hands-on service rather than a self-serve importer, and you are not left mapping CSV columns alone.
Pricing compared
Neither platform charges landlords a software subscription: Innago earns through transaction and screening fees, while Parqay earns a share of marketplace bookings.
Innago advertises no monthly fee, no setup fee, and no contract (innago.com/pricing). Tenants pay $2 per ACH payment and 2.99% for card payments, and landlords can choose to absorb the ACH fee. Screening is applicant-paid: $30 for credit and criminal reports, $35 to add eviction history, and $10 for income verification (research.com/software/reviews/innago, ipropertymanagement.com/reviews/innago). Prices verified as of July 25, 2026.
Parqay is free to sign up and list. Parqay earns a percentage of marketplace bookings plus a small guest service fee, and the exact rates are shown in your dashboard before you accept a booking. The property management tools carry no charge.
Frequently asked questions
- Is Innago really free?
- Yes, for landlords. Innago advertises no monthly fee, setup fee, or contract (innago.com/pricing). It earns through transaction fees, $2 per tenant ACH payment and 2.99% on cards, and applicant-paid screening at $30 to $35 per report (research.com/software/reviews/innago).
- Can I import my data from Innago?
- Yes, with help. The Parqay team migrates your data with you from an export of your Innago account, including properties, tenants, and leases. There is no one-click importer, so plan the move as a short assisted project rather than a self-serve import.
- Does Parqay offer tenant screening?
- No. Parqay has digital applications and e-signature leases, but it does not run credit, criminal, or eviction reports. If screening inside the software is essential, Innago includes it with the applicant paying the fee, or you can pair Parqay with a dedicated screening provider.
- Does Parqay syndicate listings to Zillow or Apartments.com?
- No. Parqay does not syndicate rental listings to Zillow, Apartments.com, Realtor.com, or Zumper. It does autopost parking listings to Craigslist, and its own marketplace brings hourly, nightly, and monthly demand for parking, stays, and coworking space.
- Who is Innago best for?
- Small to mid-sized landlords running traditional long-term rentals who want free software with screening, syndication, rent roll and P&L reports, and owner access built in. Its 4.9 out of 5 rating across 521 Capterra reviews reflects a well-liked, mature product.
- Who is Parqay best for?
- Owners whose properties have unused capacity: parking spots, guest suites, or workspace. Parqay manages leases, rent, deposits, and maintenance for free, and its marketplace turns the idle space into hourly, nightly, or monthly booking income posted straight to your ledger.
- How does Parqay make money?
- Parqay takes a percentage of marketplace bookings plus a small guest service fee, with exact rates shown in the dashboard. The property management platform itself is free, so Parqay earns only when your space earns.
- Does Parqay have trust accounting or owner statements?
- No. Parqay does not offer trust accounting, bank reconciliation, owner statements, or 1099s. It has a built-in double-entry ledger that auto-posts rent, deposits, bookings, and refunds, with Schedule E expense categories and CSV export for your accountant.