RealPage Rent Price-Fixing Class Action Settlement

What is the RealPage price fixing settlement about?

The RealPage rent price-fixing class action settlement (In re RealPage, Inc., Rental Software Antitrust Litigation No. II) resolves federal antitrust claims that RealPage's revenue management tools — LRO (Lease Rent Options), YieldStar, and AIRM (AI Revenue Management) — let competing landlords share sensitive occupancy and pricing data and coordinate rents algorithmically, replacing independent market competition with software-driven price-setting. Thirty-seven defendant property management companies, including Greystar Management Services, Lincoln Property Co., Mid-America Apartment Communities, Avenue5 Residential, and Equity Residential, agreed to contribute to a combined $359.9 million fund without admitting wrongdoing.

Any U.S. renter who paid rent on a multifamily apartment where the landlord used one of RealPage's covered products between October 18, 2018 and November 21, 2025 is included in the settlement class — even if you never dealt with RealPage directly. The settlement is subject to final court approval at a fairness hearing on October 15, 2026, but claims can be submitted now. Individual payment amounts are pro-rata: they depend on the rent you paid during the covered period and the total number of valid claims filed.

Who qualifies to file a claim?

• You paid rent on at least one multifamily residential apartment in the United States between October 18, 2018 and November 21, 2025.
• Your landlord or property manager used RealPage's Revenue Management Solutions — specifically LRO, YieldStar, or AIRM — during the period you rented.
• You are a U.S. resident or entity. You do not need to have had any direct relationship with RealPage yourself.
• Both individual tenants and business entities that paid qualifying rent are eligible class members.

How to file a claim

1. 1Visit the official settlement website at RealPageRentalSettlement.com.
2. 2Complete the online claim form with your rental address(es), lease dates, and approximate monthly rent for each property during the class period (October 18, 2018 through November 21, 2025).
3. 3No receipts or lease documents are required — you self-certify your rental history under penalty of perjury; the administrator may request verification later.
4. 4Choose your preferred payment method and save your claim confirmation number.
5. 5Submit before January 29, 2027. Payments will not be issued until after the October 15, 2026 final approval hearing.

Is the RealPage settlement legit?

Yes. The RealPage price fixing settlement is a court-supervised class action overseen by the U.S. District Court for the Middle District of Tennessee, Nashville Division (3:23-MD-03071) and administered by an official settlement administrator. You file your claim directly with the administrator and keep 100% of any payment — Payout never takes a cut. The fastest way to avoid missing this and other settlements you qualify for is to let Payout match and file for you in minutes.