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Oregon & Portland Landlord News Updates: April 2025

News Affecting Landlords in Oregon & Portland

Portland Oregon Rental Residences
Portland Oregon Rental Residences

Eviction of Squatters Made Easier


The Oregon House of Representatives recently passed a bill allowing landlords to evict squatters with a 24-hour notice [1]. This new legislation provides a faster legal mechanism for property owners to reclaim their properties from unauthorized occupants, addressing a long-standing issue faced by many landlords across the state.


Rental Market Trends


The Oregon rental market has seen significant changes, with rising rents and shifting demand patterns [2]. Major cities like Portland, Salem, and Eugene have experienced steady increases in rental prices due to a growing population, low vacancy rates, and limited supply of affordable housing. Additionally, there is a notable demand for single-family rental homes as more people seek space and privacy post-pandemic.


Proposed Legislation Impacting Landlords


Several new bills are being considered by Oregon lawmakers that could significantly impact landlords and rental property owners. Senate Bill 54 proposes that property owners of multi-unit buildings provide tenants with indoor cooling devices when outdoor temperatures exceed 80 degrees Fahrenheit [2]. House Bill 3851 aims to reform tenant-landlord relations by modifying termination procedures for tenancies [2].


Portland Metro Area Specific News


Rental Market Trends in Portland


The Portland metro area has seen notable fluctuations in rental prices over the past year. The average rent for all property types in Portland is currently $1,725, which is 17% lower than the national average [2]. Despite a month-over-month decrease, the year-over-year change shows a slight increase, indicating a steady demand compared to the national average.


Affordable Housing Concerns


REACH Community Development, one of Oregon’s largest affordable housing landlords, is looking to sell roughly 80 homes in Southeast Portland [3]. This decision has left many long-time tenants fearful they may be forced out. REACH plans to sell the homes to a nonprofit, mission-aligned purchaser committed to making the homes available to first-time buyers and existing residents.


Neighborhood-Specific Rental Trends


Neighborhoods within the Portland metro area have experienced diverse rental trends. For example, Downtown Portland has seen substantial increases in studio apartment rents, while areas like Sullivan's Gulch have experienced significant declines [2]. These variations highlight the dynamic nature of the rental market within the region.


Stay informed and ahead of the curve with these updates on the latest news affecting landlords, property managers, and rental property owners throughout Oregon and the Portland metro area; click here to join PAORA today


References

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Portland Area Rental Owners Association

12725 SW Millikan Way
Suite 300
Beaverton, OR 97005

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