RealPage $359.9 Million Rent Price Fixing Settlements: Who Qualifies and How to File by January 29, 2027

The case is In re: RealPage, Inc., Rental Software Antitrust Litigation (No. II), Case No. 3:23-md-03071, a consolidated multidistrict litigation (MDL No. 3071) in the U.S. District Court for the Middle District of Tennessee before Judge Waverly D. Crenshaw, Jr. Renters allege that landlords and property managers shared nonpublic pricing and leasing data with RealPage, whose software then recommended rents, and that this amounted to a conspiracy to fix and inflate rents in violation of federal and state antitrust laws. They say tenants were overcharged and had fewer apartments to choose from.

Section 1 of the Sherman Act makes every contract, combination, or conspiracy in restraint of trade illegal, and Section 4 of the Clayton Act lets a person injured by an antitrust violation recover three times their damages. That treble damages rule is part of why these cases produce large settlements. Our RealPage rent price fixing lawsuit page covers the claims in more depth.

The settling defendants deny the allegations, and the court has not decided who is right. The court preliminarily approved the first group of settlements on November 21, 2025, and the second group was submitted in May 2026. The non-settling defendants named in the notice are RealPage, Thoma Bravo, Essex Property Trust, Independence Realty Trust, Morgan Properties, UDR, and ZRS Management, and the case continues against them.

The official website lists these settling defendants (some are affiliates of the same company):

Allied Orion Group; AIR Communities; Avenue5 Residential; Bell Partners; BH Management Services; Bozzuto Management; Brookfield Properties Multifamily; Camden Property Trust; CH Real Estate Services; CONAM Management; Cortland Management; Crow Holdings and Trammell Crow Residential; CWS Apartment Homes; ECI Management; Equity Residential; First Communities Management; FPI Management; Greystar Management Services; Highmark Residential; Kairoi Management; Knightvest Residential; Lantower Luxury Living; Lincoln Property Co.; Mid-America Apartment Communities; Mission Rock Residential; Pinnacle Property Management Services; Prometheus Real Estate Group; Rose Associates; RPM Living; Sares Regis Management; Security Properties Residential; Sherman Associates; Simpson Property Group; The Related Companies and Related Management; Thrive Communities Management; Windsor Property Management; WinnCompanies and WinnResidential.

Your landlord does not have to be on this list for you to qualify; what matters is whether your building licensed RealPage's pricing software during the class period. Beyond cash, the settling defendants agreed not to feed nonpublic data to RealPage for competitor pricing recommendations, and most agreed to waive any arbitration clause or class action waiver in their leases for these claims.

The settlement class covers all people and entities 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 of a property licensed for RealPage's Revenue Management Solutions at any time from October 18, 2018 through November 21, 2025. "Multifamily" means a building or community with more than one rental unit.

• Check the Property List first. The official website has a search tool. The notice says you can file even if your building is not listed, but you are eligible for payment only if you rented a unit on the Property List.
• You must have paid rent yourself. Roommates who each paid the landlord file separately for their own portion.
• Single-family homes are out, as are the defendants, any company that licensed RealPage's software and its officers and affiliates, government entities, and the judge and staff.

Getting a notice email or postcard does not guarantee eligibility, and not getting one does not rule you out. The class period runs more than seven years, so check every apartment you rented in that window.

No one knows yet. The official notice says it is not known whether, or precisely how much, each class member will receive. Under the court's preliminarily approved Plan of Allocation, the net fund will be split pro rata based on rent paid during the class period at eligible properties, adjusted for estimated overcharges. Someone who rented an expensive unit for five years should expect more than someone who rented for six months.

Before anything is paid, the fund covers taxes, notice and administration costs, service awards for the ten class representatives, and attorneys' fees. Class counsel can ask for attorneys' fees of up to one-third of the $359,925,000 fund, which would be about $120 million, plus expenses. The court decides the actual amount.

The administrator may pre-fill claims using rent data produced by the defendants, and can use your matched lease record, including lease term and rent, to calculate your share. Anyone whose claim is rejected or reduced can ask the court to review it when class counsel moves for a distribution order. Payments will not be made until the court grants final approval and the settlements take effect, and the notice says money will be distributed at the conclusion of the lawsuit or as the court orders, so this may take a long time. See our guide to how class action money is divided.

1. Search each address you rented from October 18, 2018 through November 21, 2025 on the Property List at the official settlement website linked above.
2. Gather at least one document per address showing you personally paid rent there in at least one month of the class period.
3. File online at the official website (recommended) or mail the claim form to RealPage Rental Software Litigation, Settlement Administrator, P.O. Box 59, East Brunswick, NJ 08816-9998. Include your Notice ID if you received one.
4. List each property with unit number, lease start, monthly rent, and months leased.
5. Pick PayPal, Venmo, Zelle, a virtual prepaid card, or a paper check, and sign under penalty of perjury.

The claim form accepts leases, renter's insurance proof, renewal letters, landlord ledgers, move-in or move-out statements, resident portal payment confirmations, bank statements showing rent (with other lines redacted), canceled checks, or money order receipts. If your name changed, you also need a document linking the names. The deadline is 11:59 p.m. Eastern on January 29, 2027.

The notice warns that you do not need to pay any attorney or company to file. Be wary of third-party filing services; our guide to settlement scams explains the red flags, and how to file a settlement claim covers the basics.

Event	Date
Class period	October 18, 2018 to November 21, 2025
First settlements preliminarily approved	November 21, 2025
Notice campaign began	July 21, 2026
Opt-out and objection deadline	September 22, 2026 (passed)
Fairness hearing	October 15, 2026, 1:00 p.m. CT
Claim deadline	January 29, 2027

As of September 2026, the official website lists September 22, 2026 as the opt-out and objection deadline, later than the September 1, 2026 date in the court's May 22, 2026 scheduling order. The fairness hearing is set for Courtroom 5D of the Fred D. Thompson U.S. Courthouse, 719 Church Street, Nashville, and the court can move it without further notice.

If you did nothing by September 22, 2026, you are in the class, bound by the release against the settling defendants, and still able to file a claim until January 29, 2027. Staying in these settlements does not release your claims against RealPage or the landlords that have not settled, and the notice says class members remain eligible for any future settlements. People who opted out on time kept the right to sue the settling defendants on their own. Our guide on opting out or objecting explains the difference.

Other price fixing settlements with open or recent claims include the NAR realtor commission settlement and the beef price fixing settlement. See every open settlement. To get paid here, file on the official settlement website linked above before January 29, 2027.