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  • Oregon RENT CAP for 2020 has decreased to 9.9%

Oregon RENT CAP for 2020 has decreased to 9.9%

September 26, 2019 3:30 PM | Anonymous

The Oregon’s Office of Economic Analysis has decreased the permissible rent increase for 2020. State law sets the permissible rent increase at 7% plus CPI. CPI fell from 3.4% to 2.9 %.  

This makes the allowable statewide rent increase cap 9.9% for 2020.


For those of you planning to issue a rent increase, effective January 1, 2020, you would need to serve/deliver your rent increase notice by October 1st, 2019 and use the new CPI (no more than 9.9%) for 2020.


Click the orange box below for more detailed information. ​

 

Oregon Maximum Annual Rent Increase for 2020


Disclaimer:

Treasure Valley Rental Owners Association (TVROA) Board Members and Mentors and Office Staff do not give legal advice. Any advice or guidance does not constitute legal advice. You should seek appropriate counsel for your own situation as needed.

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