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Bend, Oregon

Short-Term Rental Market Data & Investment Analysis

Bend, Oregon Short-Term Rental Market Overview

Population: 106,926
Annual Visitors: 3,000,000
Total STRs: 1,430
ADR: $339.12

Visitor Profile

Bend, Oregon, attracts approximately 3 million visitors annually, making it a vibrant hub for tourism in Central Oregon. The key demographic highlights reveal that the majority of visitors are aged between 25 and 54, with a balanced gender distribution. The primary purposes for visiting include outdoor recreation, relaxation, and cultural experiences, contributing significantly to the local economy. In fact, tourism in Bend generates over $500 million in annual revenue, underscoring its importance to the region’s financial health. As visitors flock to the area for its stunning landscapes and recreational opportunities, the economic impact continues to grow, making Bend a focal point for tourism development.

In-depth visitor analysis shows that the average length of stay for tourists in Bend is around 3.5 nights, with peak seasons occurring during the summer months and winter holidays. According to the tourism bureau (https://industry.visitbend.com/research-data/), outdoor activities such as hiking, skiing, and mountain biking are among the top reasons for visits, attracting adventure seekers and families alike. The primary demographics indicate that around 60% of visitors come from within the Pacific Northwest, while others travel from California and the Midwest. The visitor statistics report (https://bendbulletin.com/2024/07/27/central-oregon-tourism-drives-economy-but-not-without-negatives/) highlights that while tourism boosts the local economy, it also presents challenges, such as increased housing costs and environmental concerns. Overall, Bend’s tourism landscape is dynamic, with a growing emphasis on sustainable practices to balance economic benefits with community well-being. For more insights on planning a visit, check out the official guide (https://visitbend.com/journal/perfect-day-in-bend-oregon/).

Bend, Oregon, attracts approximately 3 million visitors annually, making it a vibrant hub for tourism in Central Oregon. The key demographic highlights reveal that the majority of visitors are aged between 25 and 54, with a balanced gender distribution. The primary purposes for visiting include outdoor recreation, relaxation, and cultural experiences, contributing significantly to the local economy. In fact, tourism in Bend generates over $500 million in annual revenue, underscoring its importance to the region’s financial health. As visitors flock to the area for its stunning landscapes and recreational opportunities, the economic impact continues to grow, making Bend a focal point for tourism development.

In-depth visitor analysis shows that the average length of stay for tourists in Bend is around 3.5 nights, with peak seasons occurring during the summer months and winter holidays. According to the tourism bureau (https://industry.visitbend.com/research-data/), outdoor activities such as hiking, skiing, and mountain biking are among the top reasons for visits, attracting adventure seekers and families alike. The primary demographics indicate that around 60% of visitors come from within the Pacific Northwest, while others travel from California and the Midwest. The visitor statistics report (https://bendbulletin.com/2024/07/27/central-oregon-tourism-drives-economy-but-not-without-negatives/) highlights that while tourism boosts the local economy, it also presents challenges, such as increased housing costs and environmental concerns. Overall, Bend’s tourism landscape is dynamic, with a growing emphasis on sustainable practices to balance economic benefits with community well-being. For more insights on planning a visit, check out the official guide (https://visitbend.com/journal/perfect-day-in-bend-oregon/).

Top Attractions

Bend, Oregon, is a captivating destination that offers a diverse array of attractions for visitors of all ages. Nestled in the heart of Central Oregon, this charming city is renowned for its stunning natural beauty, vibrant arts scene, and outdoor adventures. Whether you’re exploring the breathtaking landscapes of Smith Rock State Park or indulging in the local craft beer culture at one of the many breweries, Bend has something for everyone. Signature attractions like the High Desert Museum and the Deschutes River provide unique experiences that highlight the region’s rich history and natural wonders. With a perfect blend of outdoor activities, cultural experiences, and family-friendly fun, Bend is a must-visit for anyone looking to explore the great outdoors and enjoy a vibrant community.

One of the top attractions in Bend is the High Desert Museum, where visitors can immerse themselves in the natural and cultural history of the High Desert region. The museum features interactive exhibits, live animal displays, and beautiful outdoor trails. For more information, visit the official website at https://www.highdesertmuseum.org. Another must-see is the iconic Smith Rock State Park, a rock climber’s paradise known for its stunning geological formations and scenic hiking trails. Explore the park’s breathtaking views and diverse wildlife by visiting https://stateparks.oregon.gov. Families will enjoy the fun at the Deschutes River, where you can kayak, paddleboard, or simply relax by the water’s edge. For a comprehensive guide to Bend attractions, check out the official visitor guide at https://visitbend.com/journal/perfect-day-in-bend-oregon/ and explore the top unique attractions at https://visitcentraloregon.com/articles/fun-and-scenic-bend-attractions-you-cant-miss/. With so many Bend things to do, your adventure awaits!

Bend, Oregon, is a captivating destination that offers a diverse array of attractions for visitors of all ages. Nestled in the heart of Central Oregon, this charming city is renowned for its stunning natural beauty, vibrant arts scene, and outdoor adventures. Whether you’re exploring the breathtaking landscapes of Smith Rock State Park or indulging in the local craft beer culture at one of the many breweries, Bend has something for everyone. Signature attractions like the High Desert Museum and the Deschutes River provide unique experiences that highlight the region’s rich history and natural wonders. With a perfect blend of outdoor activities, cultural experiences, and family-friendly fun, Bend is a must-visit for anyone looking to explore the great outdoors and enjoy a vibrant community.

One of the top attractions in Bend is the High Desert Museum, where visitors can immerse themselves in the natural and cultural history of the High Desert region. The museum features interactive exhibits, live animal displays, and beautiful outdoor trails. For more information, visit the official website at https://www.highdesertmuseum.org. Another must-see is the iconic Smith Rock State Park, a rock climber’s paradise known for its stunning geological formations and scenic hiking trails. Explore the park’s breathtaking views and diverse wildlife by visiting https://stateparks.oregon.gov. Families will enjoy the fun at the Deschutes River, where you can kayak, paddleboard, or simply relax by the water’s edge. For a comprehensive guide to Bend attractions, check out the official visitor guide at https://visitbend.com/journal/perfect-day-in-bend-oregon/ and explore the top unique attractions at https://visitcentraloregon.com/articles/fun-and-scenic-bend-attractions-you-cant-miss/. With so many Bend things to do, your adventure awaits!

Regulations

Bend, Oregon, has established a comprehensive framework for short-term rental regulations to ensure community safety and maintain the character of neighborhoods. Property owners looking to operate short-term rentals (STRs) must navigate a series of requirements, including obtaining a license, adhering to tax obligations, and following specific zoning restrictions. The city mandates that all STRs must be registered with the City of Bend, and owners are required to collect and remit a Transient Room Tax (TRT) of 9% on rental income. Additionally, there are guidelines regarding occupancy limits, parking, and safety measures that must be met to ensure compliance. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience.

To operate a short-term rental in Bend, owners must first obtain a Short-Term Rental License from the City of Bend. This process includes submitting an application, paying a fee, and providing proof of liability insurance. Zoning restrictions are also in place, limiting STRs to specific areas within the city. Safety requirements include having smoke detectors, carbon monoxide detectors, and fire extinguishers in the rental unit. Failure to comply with these regulations can result in fines and potential revocation of the rental license. For more detailed information on the licensing process and other regulations, visit the City of Bend’s official website at https://www.bendoregon.gov/government/departments/planning/short-term-rentals. For tax-related inquiries, the Oregon Department of Revenue provides guidelines at https://www.oregon.gov/dor/Pages/index.aspx.

Total word count: 298 words.

Bend, Oregon, has established a comprehensive framework for short-term rental regulations to ensure community safety and maintain the character of neighborhoods. Property owners looking to operate short-term rentals (STRs) must navigate a series of requirements, including obtaining a license, adhering to tax obligations, and following specific zoning restrictions. The city mandates that all STRs must be registered with the City of Bend, and owners are required to collect and remit a Transient Room Tax (TRT) of 9% on rental income. Additionally, there are guidelines regarding occupancy limits, parking, and safety measures that must be met to ensure compliance. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience.

To operate a short-term rental in Bend, owners must first obtain a Short-Term Rental License from the City of Bend. This process includes submitting an application, paying a fee, and providing proof of liability insurance. Zoning restrictions are also in place, limiting STRs to specific areas within the city. Safety requirements include having smoke detectors, carbon monoxide detectors, and fire extinguishers in the rental unit. Failure to comply with these regulations can result in fines and potential revocation of the rental license. For more detailed information on the licensing process and other regulations, visit the City of Bend’s official website at https://www.bendoregon.gov/government/departments/planning/short-term-rentals. For tax-related inquiries, the Oregon Department of Revenue provides guidelines at https://www.oregon.gov/dor/Pages/index.aspx.

Total word count: 298 words.

Vacation Rental Market Overview for Bend

Bend attracts visitors with its outdoor recreation and natural beauty and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Bend, Oregon Market Performance Trends

LTM Avg. Daily Rate$294.00
LTM Occupancy Rate55.6%
LTM Avg. Revenue$3,686
Monthly Short-Term Rental Market Performance Data for Bend
MonthAverage Daily Rate (USD)Occupancy Rate (%)Average Monthly Revenue (USD)
Jul 24$343.1190.3%$7,522
Aug 24$335.8581%$6,495
Sep 24$285.4255.2%$3,668
Oct 24$261.6941.2%$2,720
Nov 24$266.0030%$2,102
Dec 24$285.2038.7%$2,828
Jan 25$293.8635.5%$2,538
Feb 25$284.2046.2%$2,823
Mar 25$267.9548.4%$3,283
Apr 25$271.4643.3%$2,821
May 25$297.7545.5%$3,316
Jun 25$339.1275.9%$5,941

Short-Term Rental Market Performance Analysis for Bend

The short-term rental market in Bend demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: emerging growth market with increasing demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Bend, Oregon Housing Market Data

Home Value Trends

Quarterly Home Value Trends in Bend
QuarterTypical Home Value (USD)
Q1 17$423,006
Q2 17$428,809
Q2 17$428,394
Q3 17$420,431
Q3 17$426,920
Q4 17$427,420
Q4 17$434,017
Q1 18$440,480
Q1 18$447,279
Q2 18$448,962
Q2 18$455,892
Q3 18$455,628
Q3 18$462,661
Q4 18$459,714
Q4 18$466,810
Q1 19$465,957
Q1 19$473,149
Q2 19$466,526
Q2 19$473,727
Q3 19$471,662
Q3 19$478,942
Q4 19$480,989
Q4 19$488,413
Q1 20$494,822
Q1 20$502,459
Q2 20$499,942
Q2 20$507,658
Q3 20$508,370
Q3 20$516,216
Q4 20$545,704
Q4 20$554,127
Q1 21$597,945
Q1 21$607,174
Q2 21$667,016
Q2 21$677,311
Q3 21$702,223
Q3 21$713,061
Q4 21$720,636
Q4 21$731,758
Q1 22$759,511
Q1 22$771,234
Q2 22$799,194
Q2 22$811,529
Q3 22$768,862
Q3 22$780,729
Q4 22$734,048
Q4 22$745,378
Q1 23$715,384
Q1 23$726,425
Q2 23$724,090
Q2 23$735,266
Q3 23$744,697
Q3 23$756,191
Q4 23$751,719
Q4 23$763,322
Q1 24$745,330
Q1 24$756,834
Q2 24$752,810
Q2 24$764,429
Q3 24$759,049
Q3 24$770,764
Q4 24$758,662
Q4 24$770,371
Q1 25$752,343
Q1 25$763,955
Q2 25$738,748
Q2 25$750,150
Q3 25$731,391
Q3 25$742,680
Q4 25$734,226

Market Overview

  • Typical Home Value:$719,428
  • Median Sale Price:$770,000
  • Median List Price:$853,300

Current Inventory

  • Homes For Sale:799
  • New Listings:113

Detailed Market Analysis

The average home value in Bend, OR is $719,428, down 3.2% over the past year. Learn more about the Bend housing market and real estate trends.

Real Estate Market Analysis for Bend, Oregon

The residential real estate market in Bend, Oregon presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: established neighborhoods, community amenities, and transportation accessibility These factors contribute to the overall market performance and future growth potential.

Real estate investments in Bend, Oregon benefit from consistent market appreciation and strong resale values. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Bend, Oregon Rental Market Insights

10-Year Market Growth

Quarterly Short-Term Rental Listing Growth for Bend
QuarterNumber of Listings
Q2 16525
Q3 16612
Q4 16486
Q1 17546
Q2 171,093
Q3 171,235
Q4 171,321
Q1 181,326
Q2 181,601
Q3 181,591
Q4 181,639
Q1 191,718
Q2 191,715
Q3 191,648
Q4 191,515
Q1 201,592
Q2 201,422
Q3 201,418
Q4 201,262
Q1 211,297
Q2 211,323
Q3 211,351
Q4 211,333
Q1 221,372
Q2 221,416
Q3 221,428
Q4 221,383
Q1 231,376
Q2 231,400
Q3 231,433
Q4 231,437
Q1 241,408
Q2 241,438
Q3 241,460
Q4 241,423
Q1 251,420
Q2 251,430

Booking Activity

  • 1-3 Months:63.9% Booked
  • 4-6 Months:69.9% Booked
  • 7-9 Months:50.1% Booked
  • 10-12 Months:8.1% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Bend

Bend vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Bend, Oregon Rental Market Composition

Entire Place by Beds

Short-Term Rental Property Distribution by Bedroom Count in Bend
Bedroom ConfigurationNumber of Properties
Studio114
1 Bed665
2 Beds807
3 Beds1,198
4 Beds659
5+ Beds461

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Bend

    The vacation rental market in Bend features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Oregon

    • Albany
    • Arch Cape
    • Ashland
    • Astoria
    • Bandon
    • Beaverton
    • Blue River
    • Brightwood
    • Canby
    • Cannon Beach
    • Carlton
    • Central Point
    • Clatskanie
    • Cloverdale
    • Coos Bay
    • Cornelius
    • Cottage Grove
    • Crescent

    Related Short-Term Rental Markets

    Explore 86 vacation rental markets within Oregon. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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    Table of Contents

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    Quick Facts: Bend

    Active STRs
    1,430
    Avg Daily Rate
    $339
    Occupancy Rate
    76%
    Population
    106,926
    Annual Visitors
    3,000,000

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    Markets in Oregon (50)

    • Albany
    • Arch Cape
    • Ashland
    • Astoria
    • Bandon
    • Beaverton
    • Blue River
    • Brightwood
    • Canby
    • Cannon Beach
    • Carlton
    • Central Point
    • Clatskanie
    • Cloverdale
    • Coos Bay
    • Cornelius
    • Cottage Grove
    • Crescent
    • Creswell
    • Culver
    • Depoe Bay
    • Detroit
    • Elkton
    • Enterprise
    • Fairview
    • Garibaldi
    • Gaston
    • Gleneden Beach
    • Government Camp
    • Grants Pass
    • Happy Valley
    • Hermiston
    • Hillsboro
    • Independence
    • Jacksonville
    • John Day
    • Joseph
    • Junction City
    • Klamath Falls
    • La Pine
    • Lafayette
    • Lake Oswego
    • Lakeside
    • Langlois
    • Lowell
    • Manzanita
    • Mcminnville
    • Medford
    • Merlin
    • Milton Freewater

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