The following applies to units 15 years or older:

Per SB 608 (2019)​, the Oregon Office of Economic Analysis is responsible for calculating and publishing the maximum annual rent increase percentage allowed by statute (ORS 90.323 or ORS 90.600​) for the following calendar year by September 30 of each year. The amount is calculated as 7% plus the Consumer Price Index for All Urban Consumers, West Region (All Items), as most recently published by the Bureau of Labor Statistics.​

The allowable rent increase percentage for the 2020 calendar year is 9.9%

Just a reminder that you can not increase rent in the first year of the tenancy and a 90-day notice is required.

Leave a Reply

Your email address will not be published. Required fields are marked *