RealPage Rental Software Antitrust Litigation
In re RealPage, Inc., Rental Software Antitrust Litigation
Where it stands
Proposed settlement of $359,925,000 announced in 2026 and pending approval; claims process expected after final approval. The DOJ settled separately (Nov 2025) with conduct remedies, and a proposed Willow Bridge consent decree was published in July 2026.
What it's about
The country's biggest rent-pricing case: renters allege RealPage's revenue-management software enabled landlords to coordinate rent increases. A $359.9M class settlement with major property managers is pending approval, while claims against RealPage and remaining landlords continue.
The allegations
Plaintiffs alleged RealPage pooled nonpublic pricing data from competing landlords and used algorithms to recommend rent increases, functioning as a hub-and-spoke price-fixing arrangement.
Who's affected
Rent paid 2018 – 2025 at properties using RealPage revenue management software. Renters who paid rent at a multifamily property that used RealPage's revenue management software between 2018 and 2025. Claims are not open yet — the proposed $359.9M settlement awaits court approval; watch the official settlement site.
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