Detroit, Oregon Short-Term Rental Market
Quick Answer: Detroit, Oregon is an active short-term rental market. average occupancy in the Salem market area is 69%. average monthly revenue in the Salem market area is $3,491. average daily rate in the Salem market area is $189.
Avg Monthly Revenue
$3,491
↑ 3.3% YoY
69%
Occupancy
↓ 0.2% YoY
$189
Avg Daily Rate
↑ 2.6% YoY
$131
RevPAR
↑ 2.4% YoY
Market data reflects the Salem regional market, which includes Detroit. Regulations, taxes, and permit details below are specific to Detroit.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 48% | $109 | $1,526 |
| Feb | 58% | $112 | $1,602 |
| Mar | 60% | $118 | $1,935 |
| Apr | 61% | $123 | $2,036 |
| May | 62% | $142 | $2,364 |
| Jun | 70% | $153 | $2,774 |
| Jul | 71% | $150 | $2,915 |
| Aug | 69% | $155 | $2,835 |
| Sep | 63% | $143 | $2,458 |
| Oct | 58% | $133 | $2,185 |
| Nov | 55% | $131 | $1,953 |
| Dec | 51% | $120 | $1,777 |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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