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Millions of Renters Are Just Now Finding Out They May Be Owed Real Cash From a Massive Rent Pricing Software Settlement Years in the Making

Renters who leased an apartment at a building using RealPage’s pricing software between 2018 and 2025 may be owed money from a $359.9 million antitrust settlement, and the window to file a claim is now open. The law firms representing the settlement class, Scott+Scott, Robins Kaplan and Hausfeld announced in a joint release, say eligible tenants have until January 29, 2027 to submit their paperwork.

  • The settlement totals $359,925,000 in cash, resolving claims that RealPage and property managers used its software to share rent data and coordinate price increases.
  • Eligible renters paid rent on a multifamily lease between October 18, 2018 and November 21, 2025 at a property that used RealPage’s YieldStar, AI Revenue Management, Revenue Management Solutions or Lease Rent Options tools.
  • Claims can be filed at RealPageRentalSettlement.com, and the deadline to submit one is January 29, 2027, at 11:59 p.m. Eastern.
  • An opt-out deadline falls on September 1, 2026, and a federal judge in Nashville is scheduled to hold a fairness hearing on the deal October 15, 2026.

The case, formally titled In re: RealPage Inc. Rental Software Antitrust Litigation, has been consolidated in the U.S. District Court for the Middle District of Tennessee, according to case tracking by Top Class Actions. Plaintiffs alleged that RealPage’s algorithmic pricing tools let competing landlords coordinate rent levels instead of setting them independently, pushing monthly rents higher than a competitive market would have allowed. RealPage has denied wrongdoing as part of the settlement, which resolves the litigation without an admission of liability.

High-rise red brick apartment building exterior with balconies, the kind of multifamily property covered by the RealPage settlement
photo credit: unsplash

The settlement covers a broad swath of the rental market. Any tenant who paid rent directly to an owner, manager or operator of a property that licensed one of RealPage’s revenue management products during the roughly seven-year class period could qualify, regardless of whether they still live there. Payouts are not flat: class members who paid more in total rent during the covered years are expected to receive larger checks than those who rented for a shorter stretch or at a lower monthly rate.

Local broadcast coverage confirms the payout reaches everyday renters, not just a narrow group of plaintiffs. News4JAX reported that renters can check whether their building is covered by searching an address on the settlement website, and that documentation such as a lease agreement, bank statements or canceled rent checks can help support a claim, though the process does not require airtight proof to start.

Filing is free and handled directly through the settlement administrator. Renters enter their information at RealPageRentalSettlement.com, confirm their address is on the list of properties tied to the litigation, and submit a claim form online or by mail. The administrator can also be reached by phone at 1-888-995-4213.

Nothing will be paid out immediately. The October 15 fairness hearing gives Judge Waverly D. Crenshaw Jr. the chance to grant final approval, and distributions typically follow months after a claims deadline closes. Renters who want to preserve the right to sue RealPage separately must submit a written exclusion request by the September 1, 2026 opt-out deadline. For most tenants who rented during the class period, filing a claim before January 29, 2027 is the only step needed to be considered for a payment.

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