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RealPage Settles With Nevada Over Allegations of Rent Price Fixing

By  |  September 21, 2025

RealPage, a property management software provider, announced late Friday that it has reached a settlement agreement with Nevada Attorney General Aaron Ford’s office. The company’s software, which uses artificial intelligence to help landlords set rental prices, has faced scrutiny over whether it played a role in driving up housing costs.

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    The technology became the subject of national attention after a 2022 ProPublica investigation found that RealPage’s algorithm gave landlords an edge by suggesting the highest rent that prospective tenants might accept. According to Reno Gazette, that revelation prompted the Department of Justice to file a lawsuit against RealPage and several large apartment operators, accusing them of engaging in price fixing. The Nevada Attorney General’s office later confirmed to the Reno Gazette Journal in 2024 that RealPage had also come under state review.

    In the settlement, RealPage continued to deny any wrongdoing, maintaining that rent increases were driven by broader economic pressures such as inflation and pandemic-related expenses. The company said it chose to resolve the matter “to avoid the costs and distraction of potential litigation.” Per Reno Gazette, the agreement releases RealPage from all claims brought by Nevada’s Attorney General tied to the use of its software.

    RealPage CEO and President Dana Jones said in a statement, “We are gratified we found a path forward with the State of Nevada.” As part of the deal, the company agreed to stricter rules on how it handles sensitive property data. These conditions include using nonpublic data from other rental properties in its pricing recommendations only when the information is at least three months old, anonymized, and aggregated across at least 10 properties. Additionally, any nonpublic data shared with clients in Nevada must follow the same thresholds, and machine learning models using Nevada property data must also adhere to the three-month aging requirement.

    Source: Gazette