Landlords in Oregon may legally increase rents by up to 14.6% at the start of the new year. Learn more here.
In a state with one of the most challenging housing crunches in the country, Oregon renters could face the highest possible maximum increase since the Legislature enacted limits on rent hikes three years ago.
Starting Jan. 1, 2023, landlords in Oregon may legally increase rents by up to 14.6%. This year, the cap is 9.9% – marking a 4.7 percentage point jump from one year to the next.
According to apartment rental company Zumper, the average rent as of Tuesday for a 1-bedroom residence in…