RealPage Rental Housing Price-Fixing Antitrust Litigation
Case Overview
This landmark antitrust MDL targets RealPage, Inc. — a Texas-based real estate software company — and dozens of the nation's largest landlords, including Greystar, AvalonBay Communities, Camden Property Trust, and others. Plaintiffs allege that RealPage's revenue management software (formerly known as YieldStar) collected and aggregated non-public, competitively sensitive rental pricing data from participating landlords and used a shared algorithm to generate coordinated rent recommendations. Competitors effectively surrendered independent pricing decisions to a single algorithm, the suit alleges, resulting in artificially elevated rents that harmed tens of millions of tenants in major metro markets. A ProPublica investigation in 2022 first brought the practice to widespread public attention.
The Department of Justice and multiple state attorneys general have launched parallel investigations and filed statements of interest in the civil litigation, significantly raising the legal stakes. As of 2025, the MDL encompasses over 50 consolidated cases, and the court has largely denied motions to dismiss, allowing core antitrust claims to proceed. Several smaller landlord defendants have already reached individual settlements, while the cases against RealPage and the largest landlords continue toward class certification. The DOJ filed a civil antitrust lawsuit of its own against RealPage in August 2024, marking one of the most significant federal antitrust actions targeting algorithmic pricing to date.
Who May Qualify
Renters who leased an apartment unit in the United States from a property managed using RealPage's algorithmic pricing software (including YieldStar and AI Revenue Management products), generally between 2016 and the present, and paid rent that may have been inflated as a result of coordinated pricing.
Frequently Asked Questions
Did RealPage cause my rent to go up illegally?
Plaintiffs allege that RealPage's algorithm coordinated rent prices among competing landlords, driving rents artificially higher in many major U.S. cities. If your apartment complex was managed by one of the participating landlords using RealPage software, you may have been affected. The litigation is ongoing and no final determination of liability has been made.
Which landlords are being sued in the RealPage antitrust case?
Dozens of major landlords have been named as defendants, including Greystar, AvalonBay, Camden Property Trust, Equity Residential, Essex Property Trust, and many others. The DOJ's separate 2024 lawsuit names RealPage as the primary defendant. Some smaller defendants have already settled.
Has the RealPage price-fixing case settled?
As of mid-2025, there is no global settlement. The MDL is proceeding through class certification, and the DOJ's parallel civil action adds significant pressure on RealPage to resolve the matter. Several individual landlord defendants have reached smaller settlements, but the main case remains active.
Related Cases
Blue Cross Antitrust Lawsuit Over Alleged Overcharging in Michigan
Amazon and Apple Class Action Lawsuit Over Inflated iPad Buy Box Prices