SALEM, OR – For the first time in years, Oregon landlords governed by the state’s rent stabilization law can’t hand out double-digit rent increases.
The Oregon Department of Administrative Services announced Tuesday that the maximum allowed rent increases in 2026 will be 9.5% for apartments with 30 or fewer units and 6% for complexes with more than 30 units. The limits apply only to buildings that are at least 15 years old.
Since 2019, Oregon has capped rent increases for those buildings at 7% plus inflation. In 2023, after high inflation sent allowable increases soaring to nearly 15%, lawmakers added a cap of 10%.
This year, the Legislature set a new 6% cap for apartments with more than 30 residents through House Bill 3054. Smaller apartments are still subject to a cap of 7% plus inflation or 10%, whichever is lower.
The 9.5% allowed increase for small buildings is the second-lowest since Oregon began stabilizing rent, higher only than the low of 9.2% in 2021. Landlords are only allowed to raise rent once in a 12-month period.
The current average rent in Oregon is $1,895, according to the real estate website Zillow. A 6% increase to that rent would be about $114 per month, while a 9.5% increase would cost tenants an extra $180 monthly.
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