Published
July 23, 2026
This settlement resolves antitrust claims that apartment owners and managers used RealPage software to inflate rents. If you paid rent to one of the listed companies between October 18, 2018 and November 21, 2025, you may share in $359,925,000 — and claims are now open.
No payments will be made at this time. If the court grants final approval, money will be distributed at a later date. But you must submit a claim by the deadline in order to be considered for a payment.
What Is the RealPage Rental Antitrust Settlement About?
Plaintiffs allege that the defendants violated federal and state antitrust laws by conspiring to fix and inflate the price of multifamily rental housing across the United States and its territories, and by exchanging competitively sensitive information about rental pricing and leasing through RealPage's revenue management software. Plaintiffs allege that, as a result, renters were overcharged and had fewer places available to rent.The settling defendants deny all allegations of wrongdoing and assert that they have valid defenses. The court has not decided who is right or wrong. Instead, the plaintiffs and settling defendants agreed to these settlements to avoid the risk and cost of further litigation. The case is In re RealPage, Inc., Rental Software Antitrust Litigation (No. II), pending in the U.S. District Court for the Middle District of Tennessee before Judge Waverly D. Crenshaw, Jr.
Beyond the cash fund, the settling defendants also agreed to change how they participate in the rental market — including not providing nonpublic data to RealPage for competitor pricing recommendations, refraining from using software that relies on nonpublic competitor data to set rents, and cooperating in the ongoing case against the remaining defendants who have not settled.
Status
Claims Open
Claim Deadline
January 29, 2027
submit online or received by 11:59 p.m. EST
Estimated Payout
Pro rata share
based on rent paid during the class period · no fixed per-renter amount
Proof Required
Yes
documentation showing you paid rent at an eligible property
Who Qualifies?
The settlement class includes all people and entities in the United States and its territories who paid rent on at least one multifamily residential lease directly to any owner, manager, or owner-operator on a property subject to a license for RealPage's Revenue Management Solutions — Lease Rent Options (LRO), YieldStar (YS), or AI Revenue Management (AIRM) — at any time during the class period of October 18, 2018 through November 21, 2025.In plain terms: if you rented an apartment, paid your rent directly to a landlord or property manager that used RealPage's pricing software, and did so during the covered window, you may be a class member. You are eligible for a payment only if you rented a unit on the settlement Property List, so the fastest way to check is to search your rental address using the official Property List lookup tool.
Check if you qualify: Search your rental address on the settlement's Property List lookup tool to confirm whether the property you rented is covered.
Certain people and entities are excluded, including the defendants and their affiliates, entities that license RealPage's software and their officers and directors, government entities, the judge and court staff, jurors, and anyone who submits a valid and timely request to be excluded.
Which Companies Settled?
These settlements cover renters who paid rent to one or more of the following settling defendants during the class period. If your owner or property manager appears below and you paid rent during the covered period, you may be part of the settlement class (confirm your specific building using the Property List):Allied Orion Group, LLC
Apartment Income REIT Corp. d/b/a AIR Communities
Avenue5 Residential, LLC
Bell Partners, Inc.
BH Management Services, LLC
Bozzuto Management Co.
Brookfield Properties Multifamily LLC
Camden Property Trust
CH Real Estate Services, LLC
CONAM Management Corporation
Cortland Management, LLC
Crow Holdings, LP
Trammell Crow Residential Co.
CWS Apartment Homes, LLC
ECI Management, LLC
Equity Residential
First Communities Management, Inc.
FPI Management, Inc.
Greystar Management Services, LLC
Highmark Residential, LLC
Kairoi Management, LLC
Knightvest Residential
Lantower Luxury Living, LLC
Lincoln Property Co.
Mid-America Apartment Communities, Inc.
Mid-America Apartments L.P.
Mission Rock Residential, LLC
Pinnacle Property Management Services, LLC
Prometheus Real Estate Group, Inc.
Rose Associates, Inc.
RPM Living, LLC
Sares Regis Management Company, L.P.
Security Properties Residential, LLC
Sherman Associates, Inc.
Simpson Property Group, LLC
The Related Companies, L.P.
Related Management Co., L.P.
Thrive Communities Management, LLC
Windsor Property Management Co.
WinnCompanies, LLC
WinnResidential Manager Corp.
How Much Can You Get?
The settlement website does not list a fixed amount per renter. The net settlement fund — what remains after court-approved taxes, notice and administration costs, attorneys' fees and expenses, and any service awards — will be distributed on a pro rata basis based on the rent you paid during the class period, subject to adjustment based on estimated overcharges as detailed in the Plan of Allocation.Your final payment, if any, will depend on the number of valid claims submitted and approved and on the court-approved Plan of Allocation. No money will be distributed until after the court grants final approval and any appeals are resolved.
How to File a Claim
To be eligible for a payment, you must be a settlement class member and must submit a Claim Form with any required supporting documentation. You can file online through the official settlement website (recommended) or by mail. Your claim must be submitted online or received by 11:59 p.m. EST on January 29, 2027.For each eligible property you list, you must provide supporting documentation for at least one month during your lease period showing that you paid rent directly to an owner, manager, or owner-operator on the Property List. Acceptable documentation may include a lease agreement, proof of renter's insurance, a rent renewal letter, a rent ledger from the landlord or portal, an official move-in/move-out statement, a resident-portal payment confirmation, bank statements showing rent payments (with unrelated lines redacted), canceled checks, or money order receipts.
When you file, you can choose how to receive a payment if your claim is approved — PayPal, Venmo, Zelle, a virtual prepaid card, or a physical check mailed to your address. If you received a mailed or emailed notice, it includes a unique Notice ID you can enter to help match your record, but a Notice ID is not required to file.
Your Other Options: Opt Out, Object, or Do Nothing
If you do not want to be bound by the settlements and want to keep your right to sue the settling defendants on your own, you can exclude yourself (opt out) by sending a written request that is received by September 1, 2026. If you opt out, you give up any money from the settlements.If you want to stay in the class but tell the court why you disagree with any part of the settlements, the Plan of Allocation, or the request for attorneys' fees, you can object. Written objections must be filed with the court and mailed to settlement class counsel by September 1, 2026. The exact filing addresses and requirements are set out in the official notice below.
If you do nothing, and you fit the class description, you will remain a class member and be bound by the settlements — but you will not receive any money unless you file a claim.
Important Settlement Dates
• Class Period: October 18, 2018 through November 21, 2025
• Exclusion (Opt-Out) Deadline: September 1, 2026
• Objection Deadline: September 1, 2026
• Fairness Hearing: October 15, 2026 at 1:00 p.m. CT (date may change — check the official website)
• Claim Form Deadline: January 29, 2027 (submitted online or received by 11:59 p.m. EST)
Is Proof Required to File a Claim?
Yes. This is a documentation-required settlement. For each eligible property, you must upload or provide documentation for at least one month during the lease period that shows you personally paid rent directly to an owner, manager, or owner-operator on the Property List. The settlement administrator may request additional documentation to confirm your class membership, and failure to provide acceptable supporting documents may result in your claim being rejected.What Is RealPage?
RealPage is a software company that sells tools to apartment owners and property managers, including revenue management software that recommends rent pricing and lease renewal strategies. The lawsuit alleges that this software was used in a way that reduced competition and contributed to higher rents. RealPage itself is among the defendants that have not settled, and the litigation continues against the non-settling defendants.Free settlement alerts
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Frequently Asked Questions
What is the total RealPage rental antitrust settlement amount?
The settling defendants have agreed to pay a total of $359,925,000 in cash into a settlement fund for the benefit of the class, subject to final court approval. This is a larger, expanded round of settlements than earlier reported figures.
Who is included in the RealPage settlement class?
Anyone in the United States and its territories who paid rent on at least one multifamily residential lease directly to an owner, manager, or owner-operator on a property subject to a license for RealPage's revenue management software (LRO, YieldStar, or AIRM) at any time from October 18, 2018 through November 21, 2025. You are eligible for a payment only if you rented a unit on the settlement Property List, which you can search on the official settlement website.
How do I file a claim?
Complete a Claim Form and provide supporting documentation, submitted online through the official settlement website or by mail. Your claim must be submitted online or received by 11:59 p.m. EST on January 29, 2027.
Do I need proof to file a RealPage claim?
Yes. For each eligible property, you must provide documentation for at least one month during the lease period showing you paid rent directly to an owner, manager, or owner-operator on the Property List — for example a lease agreement, rent ledger, rent renewal letter, move-in/move-out statement, resident-portal payment confirmation, bank statements showing rent payments, canceled checks, or money order receipts.
How much money will I get?
The exact per-renter amount is not yet known. The net settlement fund will be distributed on a pro rata basis based on the rent you paid during the class period, subject to adjustment based on estimated overcharges under the court-approved Plan of Allocation. No payments will be made until after the court grants final approval.
What are the key deadlines?
File a claim by January 29, 2027. Exclude yourself (opt out) or object by September 1, 2026. The court's fairness hearing is scheduled for October 15, 2026, though the date may change, so check the official settlement website for updates.
Official Settlement Notice
Sources
• Official Settlement Website: RealPageRentalSettlement.com• In re RealPage, Inc., Rental Software Antitrust Litigation (No. II), Case No. 3:23-MD-3071 (MDL No. 3071), U.S. District Court for the Middle District of Tennessee, Nashville Division
Filing Class Action Settlement Claims
Please submit only truthful and accurate claims. Submitting false information can result in denial of benefits and potential penalties. If you are unsure whether you qualify, review the official notice or contact the settlement administrator through the official website. OpenClassActions.com is a consumer news site and is not the settlement administrator or a law firm.
For more class actions keep scrolling below.
Settlement Amount
$359,925,000
Case Title
In re RealPage, Inc., Rental Software Antitrust Litigation (No. II)
Case Number
3:23-MD-3071 (MDL No. 3071)
Court
U.S. District Court, Middle District of Tennessee
Final Approval Hearing
October 15, 2026 at 1:00 PM CT
Nashville, TN — date may change
Administrator
Angeion Group
Official Website
RealPage Rental Settlement.com
