Every year, Oregon limits how much landlords can raise rent.
Here's how it works:
The state calculates the limit by adding 7% to the region's most recent Consumer Price Index (CPI).
If the sum exceeds 10%, the maximum increase is 10%.
For 2024, the maximum rent increase is capped at 10%.
Landlords can only raise rent once in 12 months.
In 2023, the limit was different:
Increases before July 6th could be up to 14.6%.
Increases after July 6th were capped at 10%.
• The maximum Oregon rent increase for 2025 will be announced by September 30, 2024.