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 is 10.0%. Only one rent increase may be issued in any 12-month period.

The allowable rent increase percentage for the previous year, 2023, was 14.6% if the increase was issued before July 6th, or 10.0% if issued after July 6. 

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 contac 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

SB611 Date: 6/28/2023

This bill has passed both houses of the Oregon Legislature but has not yet been signed by the governor.  She should be signing it within days.

It will take effect when she signs the bill but it does not apply to increase notices that have already been sent out.

        SECTION 6. The amendments to ORS 90.323, 90.324 and 90.600 by sections 3 to 5 of this 2023 Act apply to rent increase notices given on or after the effective date of this 2023 Act.

This bill will limit increases to 7% plus CPI but not more than 10%.  So, after bill is signed, you will be limited to 10% for rest of 2023.

IMPORTANT LINKS:

• Marion County Rent Assistance Program

FINANCIAL HELP FOR TENANTS:

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PLEASE DONATE NOW:  Oregon Rental Housing Key PAC

click here: ORH Key PAC