The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, September 13, 2022
Oregon Landlords can Raise Rents by as Much as 14.6% Next Year
Landlords in Oregon will be allowed to increase rents by up to 14.6% next year, an almost five percentage point increase from 9.9% in 2022, The Oregonian reports.
The Oregon Legislature imposed a statewide rent control policy in 2019, capping rent increases at 7% plus inflation during any 12-month period for apartments and rental houses that have been around for 15+ years.
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