LivCor settles $7M antitrust case over RealPage rent-setting software
LivCor, a major property management company, agreed to pay $7 million to Oregon and eight other states to settle an antitrust lawsuit over use of RealPage's rent-setting algorithm. The software enabled landlords to share competitor pricing data and keep rents artificially high, affecting nearly 1,650 Oregon properties. The settlement requires LivCor to stop using the software and sharing pricing information with rivals.
What happened
LivCor, a major property management company, used RealPage's rent-setting software to artificially inflate rental prices. Landlords using RealPage shared sensitive rental data to train the company's pricing algorithm, which then recommended rental rates that effectively prevented price competition.
Reported impact
LivCor managed nearly 1,650 Oregon properties using the rent-fixing software. Oregon families paid higher rents as a result of the rental market manipulation.
Index analysis
RealPage's pricing algorithm allowed landlords to outsource collusion by sharing rival pricing data, enabling the algorithm to recommend rates that kept prices artificially high instead of allowing natural competition through lower prices, discounts and amenities.
Governance controls
The settlement, reached in June 2026 as part of a multistate lawsuit filed in January 2025, ordered LivCor to stop using RealPage or any other revenue management software that uses rival pricing data. LivCor must also stop sharing sensitive pricing information with rival landlords and establish an antitrust compliance and training program.
Classification
Sources and evidence
This record was researched and written by the Index, based on the following original reporting.