Blog ADU Oregon Announces Max Rent increase For 2022

Oregon Announces Max Rent increase For 2022

By Mel Dorman, September 23, 2021

 Oregon became the first state to establish state-wide rent control in 2019. Senate Bill 608 –
The Oregon Residential Landlord Tenant Act, passed in Feb 2019,caps the allowable rent increase each year to 7% plus the West Coast Consumer Price Index.
The maximum rent increase rate for 2022 was announced Sept 15 and will be 9.9%.
In 2021, the maximum increase was 9.2%.
Landlords who exceed the maximum rent increase can face a penalty of 3 months’ rent and actual damages sustained by the tenant, in addition to potential attorney fees and legal costs. Limited exceptions apply, such as in the case of affordable housing providers and for new construction. Those who believe they may be exempt should consult with an attorney.

 

Mel Dorman

Broker | OR & WA

She/They

Ten years ago, Melissa was living in a slum in Kolkata, India, helping over 200 women escape sex trafficking by providing alternative work at a social business...
Read More
  • T: 503-567-4697
  • melissa@livingroomre.com

You might also enjoy

Just Listed! Immaculate Mid-Century!

David Columbus

7625 N Fowler Ave. Portland, Oregon, 97217 Lovingly updated and well-maintained mid-century home, just around the...

Just Listed! Hilltop Sanctuary with Panoramic Views in Happy Valley!

Yomari Cruz-DeWeese

 10448 SE 147th Ave. Happy Valley, Oregon, 97086 Perched on nearly an acre at the end...

Just Listed! Spacious 1940s Home with Modern Updates in SE Portland!

Yomari Cruz-DeWeese

421 SE 141st Ave. Portland, Oregon, 97233 This roomy 1940s home features space, character and thoughtful...

Just Sold: Buyer’s Dream Home in Mt Tabor/Montavilla

Yascha Noonberg

7229 SE YAMHILL ST Portland, OR 97215 Where city energy and nature’s beauty meet, you’ll find...