PORTLAND, Ore. (KOIN) — A group Portland tenants is facing a 45% rent hike that they have until October to pay, or vacate their apartments.
Aleina Langford’s rent is about to go from $825 to $1,200 a month — a $375 increase.
“I don’t know where that money would come from,” Langford said.
She and her neighbors received notices from their property management company, A&G Rental Management LCC, on September 8. It explained the reason for the rise in rent was due to increases in the market value. They promised improvements to the property.
According to Langford, that’s the least they could do with the increase. She pointed out the poor condition of the counter tops and carpet.
She said she cried all weekend when she learned she would have to pay so much more each month to stay in her home.
“I’m quickly realizing there’s just no way,” Langford said. “I don’t have the money. My income, I literally would not be able to purchase food, pay my electrical bill.”
Organizations like Portland Tenants United say sharp rent increases are happening all over the city. They posted flyers all around the landlord’s neighborhood hoping to get his attention.
“I’ve been here for 3 years, I’ve had rent increases. I had a $100 increase last year,” Langford said. “I was expecting a rent increase this year, I just wasn’t expecting $375.”