Portland-area renters feeling the strain as housing costs soar

A sign on the side of a building reads "new studio homes starting at $995" and "now leasing"

A sign advertises apartments for lease in SE Portland on Wed., April 13, 2022.Dave Killen / The Oregonian

A few years ago, Rosalie Nowalk had options when her rent grew too steep.

When the latest notice of a rent increase for her Lake Oswego apartment arrived earlier this year, though, she found her options had waned.

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