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
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