Oregon Landlord & Investor Guide
Oregon was the first state with statewide rent control and remains tenant-protective, with Portland-led demand and strong long-term appreciation.
Income outlook
Portland anchors the market with appreciation and steady demand; Bend, Eugene, and Salem add growth and lifestyle migration.
Landlord-tenant law at a glance
| Security deposit cap | No statutory cap on the amount. |
|---|---|
| Deposit return | Within 31 days of move-out. |
| Rent control | Statewide annual rent-increase cap (SB 608) — confirm the current limit. |
⚠️ General orientation only — not legal advice. Laws change and vary by city and county. Verify the current statute or consult an attorney before acting. Last reviewed 2026-06-04.
Eviction process
Oregon requires cause to end most tenancies after the first year and is procedurally tenant-protective.
Registering an LLC in Oregon
Filing agency
Oregon Secretary of StateApprox. filing fee
~$100 (Articles of Organization)
Good to know
Annual report (~$100) required.
Strategies that fit Oregon
Underwriting tip
Underwrite Oregon's statewide rent cap and just-cause rules — it's an appreciation market, not a rent-growth one.
Oregon landlord FAQ
Does Oregon have rent control?+
Yes — Oregon was the first state to enact statewide rent control (SB 608, 2019), capping annual increases. It also requires cause to end most tenancies after the first year. Verify the current cap percentage.
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