Bend, Oregon Short-Term Rental Market
Bend's Type II STR permits face a 500-foot spacing rule; October 2026 ADR was $248, occupancy 40.1%, monthly revenue $2,936.
Quick Answer: Bend, Oregon is an active short-term rental market. average occupancy in the Bend market area is 40%. average monthly revenue in the Bend market area is $2,936. average daily rate in the Bend market area is $248. the top operator in the Bend market area is Vacasa with 536 listings. market score is 66/100 (grade C).
Market data reflects the wider Bend market, which covers 4 areas. Regulations, taxes, and permit details below are specific to Bend.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
This analysis uses data through October 2026 for Bend, Oregon, a city of 106,926 residents in Central Oregon. Short-term rentals operate under a permit system, and Type II whole-house permits in residential zones must sit at least 500 feet from another Type II property, so supply is shaped by rules as well as demand. In October 2026 the average daily rate across all listings was $248, occupancy was 40.1%, and average monthly revenue per listing was $2,936. Compared with October 2025, occupancy fell 3.9%, ADR rose 8.8%, and revenue fell 5.2%. Higher rates did not fully offset softer bookings.
The market is large. The data covers 5,981 listings, with 5,777 entire places and 204 private rooms. By channel, 3,706 listings appear on both Airbnb and Vrbo, 1,595 are on Airbnb only, and 680 are on Vrbo only. Bedroom counts lean toward larger homes. Three bedroom listings are the biggest group at 1,916, followed by 2 bedroom listings at 1,280, 1 bedroom listings at 1,253, 4 bedroom listings at 946, and 5 bedroom listings at 580. Demand is tied to outdoor recreation, including Mount Bachelor, the Deschutes River, and Smith Rock State Park.
Over a longer span, occupancy has settled well below its peak. Average annual occupancy was 65.2% in 2021, then ran between 50.9% and 56.5% from 2022 through 2025. Year-to-date 2026 occupancy through October is 52.4%, with an ADR of $306, compared with $286 in 2025 and $267 in 2024. Rate growth has carried revenue while occupancy has stayed flat.
Visitors come mostly from Oregon, Washington, California, and Idaho. The city has two peak seasons, summer for hiking and rafting and winter for skiing, but the monthly data shows summer as the stronger season by a wide margin, covered in the seasonal section.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 37% |
| Feb | 46% |
| Mar | 49% |
| Apr | 44% |
| May | 54% |
| Jun | 69% |
| Jul | 79% |
| Aug | 73% |
| Sep | 53% |
| Oct | 44% |
| Nov | 38% |
| Dec | 47% |
Month-by-month nightly rates and revenue figures for Bend are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Bend market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Bend market as a whole, which includes Bend, so these counts are not Bend-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 536 | 27,927 | ★ 4.55 |
| 2 | Sunriver Resort | 419 | 1,443 | ★ 4.64 |
| 3 | Bennington Properties | 251 | 9,343 | ★ 4.83 |
| 4 | Meredith Lodging | 216 | 6,603 | ★ 4.50 |
| 5 | Arrived Vacation Rentals | 198 | 13,426 | ★ 4.77 |
What Kind of STR Should I Buy in Bend?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Bend are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 26.7% |
| vrbo | 11.4% |
| both | 62% |
Home Value Trends (Bend)
Typical home values, median sale prices, and the 10-year price trend for Bend are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Bend — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Bend allows short-term rentals but regulates them closely, and enforcement is rated strict. A permit is required. Each rental needs a one-time Land Use Permit and an annual Operating License. The Operating License is $350 initially and $255 at renewal, plus a transportation supplement of $108 to $200 per year that took effect July 1, 2025. Land use permit fees range from about $764 for Type I infrequent use to $3,657 or more for Type II, plus a 4% surcharge.
There are two permit tiers. Type I covers infrequent whole-house rentals (up to 30 days or 4 rental periods per year), owner-occupied rentals of up to 2 rooms while the owner is present, and whole-house rentals in commercial or mixed-use zones. Type II covers whole-house, non-owner-occupied rentals in residential zones, plus ADUs. Type II properties must be at least 500 feet from any other Type II property, and the city reported that eligible properties dropped from 66% to 46% of parcels after the rule took effect. Whole-house permits do not require owner occupancy or a primary residence. The city offers an online STR Eligibility Map to check a parcel.
The city room tax is 10.4%, plus Oregon state lodging tax that rose from 1.5% to 2.5% on January 1, 2026. Type I infrequent permits are exempt from room tax. Operators must notify neighbors within 250 feet of a 24/7 emergency contact, limit occupancy to 2 guests per bedroom plus 2, and observe quiet hours from 10 PM to 7 AM.
Ordinance NS-2541 was codified in December 2025, and a February 2026 Planning Commission hearing addressed amendments for Neighborhood Commercial zone rentals. HOA and CC&R rules may add limits. Confirm details with the City of Bend before buying.
Market Comparison
Bend’s October 2026 occupancy of 40.1% is below the simple average of its twelve monthly occupancy figures, 52.6%. Rate is the market’s strength. The October ADR of $248 compares with $253 for entire-place listings and $395 for luxury listings.
The market scores in the data reflect that profile. Revenue growth scores 83.75, rental demand 75.28, regulation 73.8, and investability 66.8, for a total score of 65.67. Seasonality scores lowest at 47.57, consistent with the large gap between summer and winter results.
Bend’s rates are strong but October occupancy is soft, so returns depend on pricing well and capturing the peak months. Investors comparing Bend with other markets should weigh the high entry cost, with a typical home value of $721,430, and the 500-foot Type II spacing rule alongside these revenue figures.
Frequently Asked Questions About Bend, Oregon
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