Oregon tenants could see rent hikes of up to 10% in 2024

The maximum rent percentage hike of 10% matches the highest rate allowed under a new law signed by Oregon Gov. Tina Kotek in July.

PORTLAND, Ore. — Landlords will be allowed to raise rent up to 10% in 2024, the Oregon Department of Administrative Services (DAS) announced Tuesday.

The maximum rent increase of 10% matches the highest percentage allowed under a new law signed by Oregon Gov. Tina Kotek in July, which mandated an upper limit of 10% for all residential rent increases.

In 2023, Oregon’s rent hike cap was set at 14.6%, a higher number than many expected, until Kotek signed Senate Bill 611

→ Continue reading at KGW TV

Related articles

Comments

Share article

Latest articles