rent cap

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.

For the rest of this year, Washington landlords are limited to rent hikes of 10% or less under a landmark new state law.

Washington is poised to limit annual residential rent increases with legislation now headed to the governor’s desk.