Annual Rent Increase Percentage – Oregon Rent Increase Information for 2025
Housing Providers (Landlords, Owners, Property Managers),
Senate Bill 611 was signed into law on July 06, 2023. This bill capped rent increases at 10.0% or 7.0% plus CPI (whichever is lower) - The exemption for new constructions remains at 15 years.
The allowable annual rent increase in 2025 is 10.0% unless exempt. Only one rent increase may be issued in any 12-month period. Landlord subject to the rules of the Portland Housing Bureau or the Eugene Rental Housing Code have additional restrictions. Visit https://www.eugene-or.gov/845/Rental-Housing-Program for information on the Eugene rules, and https://www.portland.gov/phb/rental-services for information on the Portland rules.
For more information on the methodology, calculation, and Consumer Price Index data, see: Maximum Annual Rent Increase, 2025 (Excel file).
Additional information can be found on the Oregon.gov website.
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By Sept. 30 of each year, the Oregon Office of Economic Analysis is responsible for calculating and publishing the maximum annual rent increase percentage allowed by law (Oregon Revised Statutes: ORS 90.323 or ORS 90.600) for the following calendar year. This amount is 7% plus the Consumer Price Index for All Urban Consumers, West Region (All Items), as most recently published by the Bureau of Labor Statistics, or 10%, whichever is lower.
The allowable annual rent increase in 2024 & 2025 is 10.0%. Only one rent increase may be issued in any 12-month period.
For more information on the methodology, calculation, and Consumer Price Index data, see: Maximum Annual Rent Increase, 2024 (Excel file).
The Office of Economic Analysis will publish the maximum annual rent increase for 2025 by Sept. 30, 2024.
Please contact Josh Lehner at 971-209-5929 or joshua.lehner@das.oregon.gov for questions.
Link: https://www.oregon.gov/das/oea/pages/rent-stabilization.aspx
**ORHA Forms Update**
Oregon SB 611
Dear ORHA Members,
Under the provisions of Oregon SB 611 - and effective immediately - rent increase limits are in effect. Please refer to the previous eblast from our Legislative Team for the details and read the bill.
This law change does not limit the usefulness of our existing Notice of Rent Increase – ORHA form #O1, Portland Notice of Rent Increase – ORHA form #01PD, or Notice of Lease Renewal – ORHA form #O3.
Updates are in progress to all three of these forms to describe the new limits, but in the meantime, you may continue to use the existing forms as long as you don’t exceed the 10% maximum.
And remember, newer properties are exempt from Oregon’s rent cap. If the Certificate of Occupancy for your unit was issued within 15 years of your notice to increase rent, you are only limited by the market.
To view the details and other provisions in this bill (along with the history and upcoming meeting schedule), go to https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/SB611.
ORHA appreciates your participation during this legislative season – Please contact the member helpline for your local association with any questions that you may have. If you do not know the contact information for your local association, you can view the information by clicking HERE. |
Thank you,
Tia Politi, ORHA Forms Committee Chair
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