Indiana Joins $48.5M Settlement With Single-Family Landlords
Progress Residential and Pretium Partners agree to disclose full rental costs and stop withholding deposits for ordinary wear and tear.
Updated on Nov. 9, 2026 in Apartments
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Indiana is among the states participating in a $48.5 million settlement with Progress Residential LLC and Pretium Partners LLC, companies that own and operate single-family rental homes nationwide. The settlement resolves allegations that the companies misled renters about housing costs and improperly handled security deposits.
Why it matters
The settlement addresses complaints that advertised rents omitted mandatory fees, affecting how renters in Indiana compare housing costs before signing a lease. It also sets requirements for how security deposits are withheld and documented.
The settlement totals $48.5 million in monetary relief for consumers nationwide. Details on how the funds will be distributed to individual renters have not yet been specified in the available information.
The players
Progress Residential LLC
Progress Residential is a company that owns and operates single-family rental homes across the United States.
Pretium Partners LLC
Pretium Partners is an investment firm whose affiliated entities own and operate single-family rental homes nationwide.
Federal Trade Commission
The Federal Trade Commission is the U.S. federal agency responsible for consumer protection and antitrust enforcement.
The details
The complaint, filed in the U.S. District Court for the Northern District of Georgia, was brought by the Federal Trade Commission alongside the Arizona, Colorado and Utah attorneys general and the Utah Division of Consumer Protection, with Indiana also joining. Under the stipulated order, the companies must clearly disclose total monthly rental prices and mandatory fees in advertisements and stop withholding deposits for ordinary wear and tear.
Timeline
November 9, 2026: Indiana announces its participation in the settlement.
Market Context
This settlement follows a pattern of Federal Trade Commission enforcement actions targeting undisclosed fees in rental housing. It extends that scrutiny to large single-family rental operators with a multi-state coalition.
Renters in Indiana who lease single-family homes from the named companies may see total monthly costs and mandatory fees disclosed in advertisements going forward. Tenants with security deposit disputes may receive itemized explanations supported by records and photographs.
The takeaway
Compare the total monthly cost, including mandatory fees, before committing to any rental. Request an itemized list of any security deposit deductions and keep move-in and move-out photographs.
Further reading
For more on rental housing rules, see Apartments.
More information
Renters with questions or complaints can contact the Indiana Attorney General consumer complaint filing or call 1-800-382-5516.
Source note: This article includes information reported by WOWO 1190 AM | 107.5 FM.
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