Oregon Lease Renewal Agreement (2026)
Renew or amend an existing lease: new term, new rent and changed terms in one signed page — rent increase, deposit and late fee checked against your state's rules.
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What this document covers
- Parties, premises and the original lease it renews
- New term: fixed renewal or conversion to month-to-month
- New rent and due date, checked against your state's rent-increase rule
- Security deposit change, checked against your state's cap
- Late fee change, checked against your state's cap
- Any other changed terms, spelled out
- Everything else in the original lease stays in force
- Signatures of landlord and every tenant
Oregon rules that this document follows
| Rent increase rule | 7% + CPI or 10%, whichever lower (2026 cap: 9.5%); no increase in first year; 90 days' written notice; buildings under 15 years old exemptSource: ORS 90.323; ORS 90.324 |
|---|---|
| Month-to-month notice | Landlord: 30 days; Tenant: 30 daysSource: ORS 90.427 (landlord: 30 days without cause during first year only; thereafter cause or qualifying reason with 90 days' notice) |
| Security deposit limit | No statutory limitSource: No statutory limit statewide (ORS 90.300); Portland caps at 1 month (PCC 30.01.087) |
| Late fee limit | Reasonable flat fee, or up to 5% of monthly rent per 5-day late period, or daily fee up to 6% of the reasonable flat fee; must be in written leaseSource: ORS 90.260 |
| Statute | Oregon Residential Landlord and Tenant Act, ORS Chapter 90 |
Rules current as of 2026-10-06. Statutes change; verify before relying on them.
How to use this Lease Renewal Agreement in Oregon
Start the renewal conversation 60–90 days before the lease ends; in Oregon 7% + CPI or 10%, whichever lower (2026 cap: 9.5%); no increase in first year; 90 days' written notice; buildings under 15 years old exempt (ORS 90.323; ORS 90.324). Have every adult tenant sign, and keep the signed renewal with the original lease.
If the rent goes up, give the written notice your state requires before the new rent starts and note the date in the renewal. Collect any added deposit by the start of the renewal term.
Frequently asked questions
How much can I raise the rent at renewal in Oregon?
7% + CPI or 10%, whichever lower (2026 cap: 9.5%); no increase in first year; 90 days' written notice; buildings under 15 years old exempt (ORS 90.323; ORS 90.324). Local ordinances may add limits.
Do I need a whole new lease to renew?
No. A renewal agreement extends the existing lease and lists only what changes; everything else stays in force. Use a new lease if most terms change or the tenants change.
What if the lease just ends without a renewal?
In most states a tenant who stays and keeps paying becomes month-to-month on the old terms; ending that tenancy then needs written notice — landlord 30 days in Oregon (ORS 90.427).
Other names
- lease extension
- lease renewal letter
- lease amendment
- renew lease agreement
- lease extension addendum
- rent increase addendum
- renewal of lease
- extend rental agreement
Related documents
- Residential Lease Agreement — Oregon
- Room Rental Agreement — Oregon
- Residential Sublease Agreement — Oregon
- Commercial Lease Agreement — Oregon
- All Oregon forms →
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FormsByState provides self-help document templates and general information, not legal advice. We are not a law firm. For advice about your situation consult a licensed attorney in your state.
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