MINNEAPOLIS, MN — Some Minnesota renters may be eligible for money from a proposed settlement tied to allegations that property management companies used RealPage software to push rents higher. A federal judge has given initial approval to the agreement, which would create a $359,925,000 fund if it is ultimately approved.
The case is tied to renters who paid rent between Oct. 18, 2018, and Nov. 21, 2025, to owners, managers or owner-operators that used RealPage’s Revenue Management Solutions, Lease Rent Options, YieldStar or AI Revenue Management. The settlement covers people in the United States and its territories, and Minnesota companies named as potentially tied to it include LivCor, Greystar, Cushman & Wakefield, Willow Bridge and Cortland.
What The Settlement Says
The agreement would set aside the $359,925,000 fund for distribution and also require the defendants to change some business practices. The companies involved have denied wrongdoing, and the court has not ruled on the underlying allegations.
For renters, the key deadline is Jan. 29, 2027, the date by which claims must be submitted. The exact payment for any successful claimant has not been determined. According to the settlement terms, the money would be distributed on a pro rata basis, with amounts tied to the rent a person paid during the covered years.
Why It Matters Now
The size of the proposed fund makes this one of the larger rent-related settlements to reach initial approval, but the outcome for any one renter still depends on whether the judge gives final approval and how the claims process is handled. No distribution timeline has been set, so renters cannot yet know when any money might arrive.
The complaint at the center of the case alleges coordinated use of pricing software across the rental market. Those allegations remain just that unless and until the court approves the deal and the process moves forward. For now, the clearest step for potentially eligible renters is to confirm whether their apartment or landlord appears on the settlement list and to keep the claim deadline in mind.
How Renters Can Check
Renters who think they may qualify should review the settlement materials to see whether their landlord or property manager is included and whether their lease dates fall inside the covered period. The claim process is still unfolding, and the settlement administrator will ultimately handle distribution under an approved plan of allocation.
Because the amount for each person has not been set, the best available guidance is limited to the published eligibility rules and the Jan. 29, 2027 filing deadline. Anyone with a rental history during the listed years can use those details to check whether they may be included.
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