Welches, Oregon Short-Term Rental Market
Welches, OR Mount Hood corridor STRs averaged $232/night at 65.7% occupancy in June 2026 across roughly 6,310 listings.
Quick Answer: Welches, Oregon is an active short-term rental market. average occupancy is 66%. average monthly revenue is $3,950. average daily rate is $232. the top operator is Vacasa with 372 listings. market score is 55/100 (grade C).
Market data reflects the Oregon Area regional market, which includes Welches. Regulations, taxes, and permit details below are specific to Welches.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Welches’ short-term rental market, tracked here across the broader Mount Hood Corridor rather than the unincorporated community’s own population of 4,276, comprises roughly 6,310 active listings: 3,079 Airbnb-only, 506 Vrbo-only, and 2,725 listed on both platforms. In June 2026, the average daily rate was $231.61 with 65.7% occupancy, down 1.77 percentage points year over year; ADR also fell 1.32% year over year, though average monthly revenue of $3,950 still rose 0.83%. Listing type mix is entire-place-dominant: 5,822 entire-place listings, 480 private-room listings, and 8 shared-room listings. Bedroom mix skews toward 1-bedroom units (2,382 listings), followed by 2-bedroom (1,591), 3-bedroom (1,507), 4-bedroom (564), and 5-plus bedroom (259). Property type differences are narrower here than in some markets: houses average $4,232/month, entire-place listings average $4,125/month, and apartments average $3,458/month, roughly a 22% gap between houses and apartments. Market-score data shows a notably strong seasonality score of 77.2, this market’s outdoor recreation demand is more year-round, tied to skiing in winter and hiking in summer, alongside moderate investability (69.2) and rental demand (67.4). Mt. Hood National Forest draws an estimated 4.5 million visits annually, including about 300,000 campers and close to a million skiers across five ski areas; nearby Timberline Lodge alone counts around 1.9 million visitors a year.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 42% | $186 | $2,249 |
| Feb | 48% | $184 | $2,202 |
| Mar | 50% | $175 | $2,339 |
| Apr | 48% | $162 | $2,109 |
| May | 55% | $173 | $2,379 |
| Jun | 66% | $197 | $3,314 |
| Jul | 69% | $202 | $3,799 |
| Aug | 64% | $200 | $3,514 |
| Sep | 54% | $183 | $2,666 |
| Oct | 50% | $167 | $2,322 |
| Nov | 46% | $163 | $1,973 |
| Dec | 48% | $192 | $2,499 |
Top Short-Term Rental Operators in Welches
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 372 | 27,196 | ★ 4.58 |
| 2 | Evolve | 123 | 5,400 | ★ 4.72 |
| 3 | The Official Collins Lake Resort | 89 | 360 | ★ 4.78 |
| 4 | Mt Hood Vacation Homes | 66 | 3,894 | ★ 4.52 |
| 5 | Arrived Vacation Rentals | 63 | 4,437 | ★ 4.75 |
What Kind of STR Should I Buy in Welches?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,382 |
| 2 bed | 1,591 |
| 3 bed | 1,507 |
| 4 bed | 564 |
| 5 bed | 259 |
ADR by Property Tier
| Entire Home | $240 |
| Luxury | $398 |
| Professionally Managed | $332 |
Revenue by Dwelling Type
| Apartment | $3,458 |
| Entire Place | $4,125 |
| House | $4,232 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 48.8% |
| vrbo | 8% |
| both | 43.2% |
Investment Analysis
Tiered ADR data shows the market-wide average of $231.61/night rising to $239.71 for entire-home listings, $332.35 for professionally-managed listings (about 43% above average), and $397.88 for the luxury tier (about 72% above average), a wider professional-management premium than in some nearby markets, suggesting furnished, service-oriented listings capture meaningfully higher rates here. Revenue rose 0.83% year over year even as both occupancy (down 1.77 points) and ADR (down 1.32%) softened, a modest but real gain likely tied to booking-mix or length-of-stay shifts not fully captured in the top-line rate and occupancy figures. At $3,950/month in average revenue ($47,404 annualized) against a typical home value of $436,775, that computes to a gross STR revenue yield of about 10.9% before expenses, permits, taxes, and management. For-sale inventory is thin, just 22 homes, against a $497,220 median list price. Regulation here is comparatively low-cost: Clackamas County’s STR registration for unincorporated areas like Welches is free ($0 registration fee), requires no in-home inspection, and carries no owner-occupancy requirement, though every listing must display its county registration ID and a local responsible party must be reachable within two hours of a complaint. That program, in place since December 2023, was reported to be moving toward permanent status around July 1, 2026 after a pilot period; the market’s regulation score of 62.5 out of 100 sits roughly mid-range.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Welches’ average booking lead time is 68.4 days, over two months, consistent with travelers planning Mt. Hood recreation trips, skiing, hiking, camping, well ahead of their visit. The average length of stay is 3.54 nights, a short multi-day trip typical of a weekend or long-weekend recreation getaway. That two-month lead time gives operators reasonable advance-booking pricing visibility, letting hosts adjust rates as ski season or summer hiking dates fill in. The roughly 3.5-night average stay means moderately frequent turnovers, making efficient cleaning and restocking logistics a meaningful factor in per-booking profitability, especially during the compressed July peak.
Short-Term Rental Regulations
Welches is unincorporated, so short-term rentals fall under Clackamas County’s STR ordinance (Chapter 8.10), approved by the Board of Commissioners on September 7, 2023 and effective December 6, 2023. STRs are an allowed residential use in the areas covering Welches. Every STR must register with the county before it can be advertised or rented; registration is free and does not require an in-home inspection, but the property must meet all building and fire safety standards. The county-issued registration ID must appear in every listing, and a local responsible party must be reachable within two hours of a complaint, with contact info posted on-site. Occupancy is capped at the number authorized in the registration, with a hard maximum of 15 occupants, and at least one off-street parking space is required per sleeping area. There is no owner-occupancy or primary-residence requirement and no annual night cap. Operators collect the county’s 6% Transient Lodging Tax plus a 0.85% STR user fee, about 6.85% combined, remitted monthly. Enforcement is rated moderate. The program was originally a two-year pilot; it was extended through June 30, 2026 while the county evaluated cost and effectiveness, and reporting indicates it moved toward permanent status around July 1, 2026. Investors should confirm current fee and registration terms directly with the county. (Regulatory data current as of July 18, 2026.)
Market Comparison
Welches’ June 2026 occupancy of 65.7% runs above the roughly 55% national STR occupancy benchmark, while its ADR of $231.61 sits only modestly above the roughly $220 national median ADR benchmark, a smaller premium than nearby Oregon coast and Central Oregon markets. Among property managers active in the market, Vacasa leads with 372 listings and 27,196 reviews (4.58 average rating), followed by Evolve (123 listings, 5,400 reviews, 4.72 rating) and The Official Collins Lake Resort (89 listings, 360 reviews, 4.78 rating). Combined, the top three managers operate about 584 listings, roughly 9.3% of the market’s 6,310 total active listings, a less consolidated operator base than in some nearby Oregon markets, pointing to a larger share of independent hosts.
Frequently Asked Questions About Welches, Oregon
What is the average Airbnb occupancy rate in Welches, Oregon?
How much does a Welches Airbnb earn per month?
What is the average daily rate for Airbnb listings near Mt. Hood in Welches?
Do you need a permit for a short-term rental in Welches, Oregon?
Is short-term rental registration in Clackamas County temporary?
When is the best time to book or list a Welches Airbnb?
Who are the largest STR property managers in Welches, Oregon?
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