Rent Increase 2024 Oregon. How much can my rent be increased in 2024? Any rent increase of greater than five.
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. Senate bill 611 , which cleared.
Unlike Most States That Do Not Restrict The Maximum Rent Increase Each Year For Rental Units, Oregon Does Impose This Restriction.
The bill included an emergency.
The Maximum Annual Rent Increase For 2025 Will Be Published By The Department Of Administrative Services In September 2024.
Note that given inflation has been high in recent years, the new 10% cap applies to.
The Allowable Annual Rent Increase In 2024 Is 10.0%.
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Tina Kotek Signed The New Revised.
The bill included an emergency.
Many Landlords In The State Will Be Limited To A 10% Rent Increase For 2024 According To Calculations Published Tuesday By The Oregon Office Of Economic Analysis.
Any rent increase of greater than five.
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.