By Sept. 30 of each year, the Oregon Office of Economic Analysis is responsible for calculating and publishing the maximum annual rent increase percentage allowed by law (Oregon Revised Statutes:
ORS 90.323 or ORS 90.600) for the following calendar year. This amount is 7% plus the Consumer Price Index for All Urban Consumers, West Region (All Items), as most recently published by the Bureau of Labor Statistics, or 10%, whichever is lower.
The allowable annual rent increase in 2024 is 10.0%. Only one rent increase may be issued in any 12-month period.
The allowable rent increase percentage for the previous year, 2023, was 14.6% if the increase was issued before July 6th, or 10.0% if issued after July 6.
For more information on the methodology, calculation, and Consumer Price Index data, see: Maximum Annual Rent Increase, 2024 (Excel file).
The Office of Economic Analysis will publish the maximum annual rent increase for 2025 by Sept. 30, 2024.
Please contac Josh Lehner at 971-209-5929 or
joshua.lehner@das.oregon.gov for questions.