The Oregon Housing Blog reports that as of July 1, there are upcoming rent changes allowed under Oregon's new minimum wage.
- Rents for full-time minimum wages will increase from $26-$52 per month depending on the area within the state.
- Within the City of Portland, the highest full-time minimum wage affordable rent is $1,023 at 40% of income rent standard or $767 using the 30% of income standard.
- For urban areas the lowest affordable rent is $650.
The Oregon Housing Blog is written by Tom Cusack, former field office director for HUD in Portland. Visit Oregon Housing Blog for more.
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