The Portland rental market has seen significant changes with the implementation of Senate Bill 611 (SB 611). This bill, signed into law by Governor Tina Kotek on July 6, 2023, introduces key modifications to how the maximum allowable annual rent increases are determined for residential tenancies. In this article, we will delve into the important…
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The rental market in Oregon has changed dramatically over the last year and more tenants are receiving rent increases than ever before. Thankfully, tenants are protected in the State Of Oregon, especially when it comes to rent increases. In this article, we will share with you more information about rent increases so that you will…
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With the end of the year around the corner, the Oregon legislature recently approved $215 million in funding to extend protections for Oregon renters who are facing eviction. The funding comes at the right time as renters in Portland and across the state have been waiting for the state to deliver more funding since the…
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One of the most common questions that people have in Portland is rent going down? Or is it going up? This is an understandable question to ask because with more people renting in the 2020’s, it’s easy to see why people are concerned about the rising cost of housing in the PDX area. In this…
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The Oregon rental market has been this hard during the COVID-19 pandemic so it’s no surprise that rent increases are coming to Oregon in 2022. Thanks to recent news from state economists, we know that rents are going to be increasing by 9.9% in 2022 and this will be just in time for many landlords…
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