Oregon landlords in 2022 can raise rent up to 9.9%, the state Department of Administrative Services wrote in a Monday news release.
After legislators passed SB 608 in 2019, Oregon became the first state with a statewide rent control. The department is required under state law to calculate the maximum percentage increase allowed for rent costs the next calendar year by Sept. 30.
The department said its Office of Economic Analysis calculates the maximum increase allowed as 7% plus inflation.
That’s determined by the U.S. Bureau of Labor Statistics’ Consumer Price Index for All Urban Consumers in the West Region, which covers 13 states, according to the bureau’s website. It tracks the average change over time in prices urban consumers pay for a given list of products and services.
The state Department of Administrative Services will calculate and publish allowable rent increase for 2023 by Sept. 30, 2022. The 2021 maximum rent increase was 9.2%.
-Ardeshir Tabrizian
