a local chapter of
The State of Oregon announced that the 2024 maximum rent increase is 10%.
The allowable rent increase percentage for the 2023 calendar year WAS 14.6% if the increases were issued before July 6th. If issued after July 6th, 2023, the maximum allowable increase is 10%. Click the link below for more detailed information through Oregon.gov. ​
https://www.oregon.gov/das/OEA/Pages/Rent-stabilization.aspx
​​​OEA will publish the maximum annual rent increase for 2025 by Sept. 30, 2024. That exact calculation will be the percent change from the CPI average for the September 2023 to August 2024 time period (most recent year).
Northwest Real Estate Investors Association5434 River Rd N #371, Keizer, OR 97303contact@northwestreia.com managed by Sieng Enterprises
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