2024 Oregon Rent Increase. In 2023, oregon's rent hike cap was set at 14.6%, a higher number than many expected, until kotek signed senate bill 611 into law on july 6. Any rent increase of greater than five percent.
Information about the maximum annual rent increase percentage, as well as the. The rent increase limit does not apply if:
Sb 611 Takes Effect Immediately, Applying To All Notices Of Rent Increase Delivered On Or After July 6, 2023.
This year, the cap is 9.9%.
New Rent Hikes For The Rest Of 2023 Cannot Exceed 10%.
1, 2023, landlords in oregon may legally increase rents 14.6%.
The Allowable Rent Increase Percentage For The Previous Year, 2023, Was 14.6% If The.
Images References :
New Rent Hikes For The Rest Of 2023 Cannot Exceed 10%.
Maximum annual increase for 2024:
The Allowable Rent Increase Percentage For The Previous Year, 2023, Was 14.6% If The Increase Was Issued Before July 6 Th , Or 10.0% If Issued After July 6.
Unlike most states that do not restrict the maximum rent increase each year for rental units, oregon does impose this restriction.