RealPage Settlement: Who Can Claim From the $359.9 Million Rent Price-Fixing Fund

Who qualifies

• You are in the settlement class if you paid rent on at least one multifamily residential real estate lease in the United States or its territories, at any time between October 18, 2018 and November 21, 2025, at a property subject to a license for RealPage's revenue-management software.
• The rent must have been paid directly to an owner, manager or owner-operator — including any division, subsidiary, predecessor, agent or affiliate of one. The class covers both people and entities.
• The covered software goes by four names, and a lease is included if the property was licensed for any of them: Revenue Management Solutions, Lease Rent Options (LRO), YieldStar (YS), or AI Revenue Management (AIRM). Renters generally have no way to know this from their lease, which is why the settlement website publishes a searchable property list.
• You do not need to have rented from one of the 41 settling defendants by name. What matters is that the property was licensed for the software during the class period — the property list is the authoritative check, not the name on your lease.
• Single-family rentals are outside the class. This settlement is limited to multifamily residential leases.
• Supporting documentation may be requested with your claim form. Old leases, rent receipts and bank or payment-app records showing rent paid during the class period are the useful documents to locate now.

How to file a RealPage claim, and what happens after

1. 1

   Check the property, not the landlord's name

   Start at the property list on the official settlement website. It answers the only hard question in this case: whether the building you rented was licensed for RealPage's revenue-management software during the class period. Renters almost never know this, because the software is a pricing tool used by the management company and it is not named anywhere in a normal lease. Check every address you rented between October 18, 2018 and November 21, 2025 — each qualifying lease adds to what you can claim.

2. 2

   Gather what proves how much rent you paid

   The payout is calculated from rent paid, so documentation of amounts matters more here than eligibility documentation. Useful records include signed leases and renewals, monthly rent receipts or ledgers from a tenant portal, bank statements or payment-app history showing rent transfers, and move-in and move-out dates. If you rented several qualifying apartments during the seven-year class period, collect them all.

3. 3

   File by January 29, 2027

   Claims must be submitted online or received by 11:59 p.m. EST on January 29, 2027. Claim forms are on the Important Documents page of the settlement website, and the administrator will mail or email one on request at info@RealPageRentalSettlement.com or 1-888-995-4213. Submitting a claim is the only way to be eligible for a payment.

4. 4

   Decide before September 1, 2026 whether to stay in

   September 1, 2026 is the deadline both to exclude yourself and to object. Excluding yourself means no payment from these settlements, but it preserves your right to sue the settling defendants separately. Objecting means you stay in the class, receive your share if the settlement is approved, and tell the court why you think the terms are unfair. Doing nothing keeps you in the class and bound by the release — but without a claim form you get no money.

5. 5

   October 15, 2026 — the fairness hearing

   The court will decide at the fairness hearing whether to grant final approval. Attendance is optional. If approval is granted and survives any appeals, the administrator then works through claims and distributes the net fund. Antitrust settlements of this size are among the slowest to pay, and an objector appeal can add a year or more.

6. 6

   Nobody needs to be paid to file this for you

   The settlement website carries an explicit warning about third-party claim-filing services. You do not need to sign up with, or pay, another attorney, company or individual to submit a claim — the claim form is free and the administrator is reachable directly. Any service taking a percentage of your payout is taking it out of money that would otherwise be yours.

7. 7

   Keep your contact details current

   The gap between filing in 2026 or 2027 and being paid is likely to be long. If you move or change email addresses after filing, tell the administrator — an undeliverable payment on a stale address is the most common way people in slow antitrust settlements lose money they were awarded.

Frequently asked questions

Sources and official records

Every figure and date on this page was taken from the primary records below — court dockets, agency releases, and the settlement administrator's own notices. Payout averages we describe as averages are calculated from the official totals, not reported per-person estimates.

• Official settlement website — the $359,925,000 fund, the October 18, 2018 to November 21, 2025 class period, the January 29, 2027 claim deadline, the September 1, 2026 opt-out and objection deadlines, the October 15, 2026 fairness hearing, and the full list of 41 settling defendants
• Settlement FAQ 7 and 8 — the 11:59 p.m. EST January 29, 2027 filing cut-off, the pro-rata-on-rent-paid Plan of Allocation adjusted for estimated overcharges, and the administrator line 1-888-995-4213
• Court-approved Long Form Notice, In re RealPage, Inc., Rental Software Antitrust Litigation (No. II), No. 3:23-md-03071 (M.D. Tenn.)