Equity Residential to pay $56M to settle RealPage rent price

Equity Residential to pay $56M to settle RealPage rent price

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Equity Residential has agreed to pay $56 million to settle allegations that it participated in a rent price-fixing scheme using RealPage's revenue management software. The lawsuit claimed that landlords used this software to artificially inflate rental prices, potentially costing tenants millions in excessive rent payments. If you rented an apartment from Equity Residential during the relevant time period, you may be entitled to compensation from this settlement. While specific details about eligibility and payouts are still being finalized, this represents one of the largest settlements related to alleged rent price manipulation.

Who Is Eligible?

You may be eligible to file a claim if you:

  • Rented an apartment from Equity Residential during the relevant time period
  • Paid rent that may have been artificially inflated through the use of RealPage software
  • Specific dates and property locations are still being determined
  • Details about eligibility requirements are pending

How Much Can You Get?

The total settlement fund is $56 million, which will be distributed among qualifying class members. The exact amount each person can receive will depend on factors such as how long they rented from Equity Residential, how much rent they paid, and how many people file valid claims. Specific payout amounts and calculation methods are still being determined.

How to File Your Claim

Filing your claim is quick and easy:

  • Wait for the court to approve the settlement terms
  • Watch for official notice about claim filing deadlines
  • Gather documentation of your rental history with Equity Residential
  • Complete the claim form when it becomes available
  • Download the Class Action Buddy app to stay updated and get help filing your claim when the process opens

💡 Easier way: File with Class Action Buddy

Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.

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Frequently Asked Questions

What is the Equity Residential RealPage settlement about?

Equity Residential agreed to pay $56 million to settle claims that it used RealPage's revenue management software to artificially inflate rent prices, potentially overcharging tenants.

How much money can I get from the Equity Residential settlement?

Individual payout amounts haven't been announced yet. The total settlement is $56 million, and your share will depend on factors like how long you rented and how much you paid in rent.

When is the deadline to file a claim?

The claim filing deadline hasn't been announced yet. The settlement still needs court approval before the claims process can begin.

Ready to File Your Claim?

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