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The Oregon Department of Administrative Services has published the annual maximum rent increase allowed by statute for calendar year 2020. The DAS Office of Economic Analysis has calculated the maximum percentage as 9.9%.
Following the passage of SB 608 in the 2019 legislative session, Oregon law requires DAS to calculate and post to its website, by September 30 of each year, the maximum annual rent increase percentage allowed by statute for the following calendar year. Per statute, OEA calculates this amount as 7% plus the Consumer Price Index for All Urban Consumers, West Region (All Items), as most recently published by the Bureau of Labor Statistics. For 2019 the CPI is 2.9%.
The allowable rent increase percentage for the 2020 calendar year is 9.9%. DAS will calculate and post the percentage for the 2021 calendar year by Sept. 30, 2020.