Camden Property Trust agrees to pay renters $53M to end rent price

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Camden Property Trust, a major Texas-based real estate investment trust, has agreed to pay $53 million to settle allegations that it artificially inflated rent prices. The settlement resolves claims that Camden colluded with other landlords using RealPage revenue management software to coordinate rent increases and reduce competition in rental markets. If you rented an apartment or property from Camden Property Trust during the relevant time period, you may be entitled to compensation from this settlement. The lawsuit alleged that Camden and other property owners used shared pricing data through RealPage's software to keep rents higher than they would have been in a competitive market.

Who Is Eligible?

You may be eligible to file a claim if you:

Rented an apartment, townhome, or other residential property owned or managed by Camden Property Trust
Lived in a Camden property during the time period covered by the settlement (specific dates to be determined)
Paid rent that may have been artificially inflated due to alleged price coordination
Property was located in markets where Camden operated alongside other landlords using similar pricing software

How Much Can You Get?

The total settlement fund is $53 million, which will be distributed among eligible Camden tenants who submit valid claims. The exact amount each person receives will depend on factors such as how long they rented from Camden, how much rent they paid, and the total number of valid claims filed. Final payout amounts per person are still being determined as the settlement details are finalized. Compensation is intended to reimburse tenants for the portion of rent that was allegedly inflated due to the coordinated pricing practices.

How to File Your Claim

Filing your claim is quick and easy:

Wait for the official settlement notice and claim form to be released
Gather documentation of your Camden rental history, including lease agreements and rent payment records
Complete the official claim form with accurate information about your rental period and payments
Submit your claim by the court-ordered deadline
Download the Class Action Buddy app to get notified when the claim form becomes available and receive step-by-step filing assistance

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Frequently Asked Questions

How do I know if I rented from Camden Property Trust?

Check your lease agreement, rent payment records, or property management communications. Camden typically operates apartment communities under the Camden brand name. You can also visit Camden's website to see if your former property is listed in their portfolio.

What time period does the Camden rent fixing settlement cover?

The specific dates covered by the settlement are still being finalized. Details about the relevant time period will be included in the official settlement notice when it's released.

When will Camden tenants receive settlement payments?

Settlement payments will be distributed after the court gives final approval to the agreement and all valid claims are processed. This typically takes several months after the claim filing deadline.

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