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Oregon rent increases capped at 9.5% in 2026

With a shortage of housing in Oregon, rents have soared.
Rich Pedroncelli
/
AP Photo
With a shortage of housing in Oregon, rents have soared.

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 increase in 2026 will be 9.5%. A separate 6% cap applies to mobile home facilities with more than 30 spaces because of a new state law.

Since 2019, Oregon has capped rent increases for buildings older than 15 years at 7% plus inflation. In 2023, after high inflation sent allowable increases soaring to nearly 15%, lawmakers added a hard cap of 10%.

The 9.5% allowed increase 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 9.5% increase to that rent would cost tenants an extra $180 monthly.

Julia Shumway is a reporter for the Oregon Capital Chronicle, a professional, nonprofit news organization, and JPR news partner. The Oregon Capital Chronicle is an affiliate of States Newsroom, a national 501(c)(3) nonprofit supported by grants and a coalition of donors and readers. The Capital Chronicle retains full editorial independence, meaning decisions about news and coverage are made by Oregonians for Oregonians.