Redmond, Oregon Short-Term Rental Market
Redmond, OR STRs averaged $374/night at 68.5% occupancy in June 2026 across roughly 6,010 active listings region-wide.
Quick Answer: Redmond, Oregon is an active short-term rental market. average occupancy is 68%. average monthly revenue is $6,684. average daily rate is $374. the top operator is Vacasa with 559 listings. market score is 65/100 (grade C).
Market data reflects the Bend regional market, which includes Redmond. Regulations, taxes, and permit details below are specific to Redmond.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Redmond’s short-term rental market, as tracked in this dataset, spans roughly 6,010 active listings, reflecting Redmond’s role as the transportation and service hub for the broader Central Oregon vacation market; Sunriver Resort itself ranks second among area property managers with 418 listings. Of those listings, 1,604 are Airbnb-only, 700 are Vrbo-only, and 3,706 are listed on both platforms. In June 2026, the average daily rate was $374.31 with 68.5% occupancy, down slightly (0.34 points) year over year. ADR fell 4.96% year over year, yet average monthly revenue of $6,684 rose 3.39%, suggesting occupancy or booking-mix shifts offset the softer rate. Listing type mix is entire-place-dominant: 5,806 entire-place listings versus 204 private-room listings, with no shared-room listings recorded. Bedroom mix skews toward 3-bedroom units (1,929 listings), followed by 2-bedroom (1,287), 1-bedroom (1,256), 4-bedroom (949), and 5-plus bedroom (584). Property type drives a wide revenue spread: houses average $7,299/month, about 47% more than apartments’ $4,960/month average (a $2,339 gap), with entire-place listings in between at $6,819/month. Market-score data shows strong revenue-growth momentum (83.8/100) and solid rental demand (75.3/100), but a lower seasonality score of 47.6, reflecting Redmond’s role as a year-round Central Oregon basecamp rather than a single-season resort town. Central Oregon regional tourism generated an estimated $1.2 to $1.3 billion in visitor spending in 2024, per the area profile.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 37% | $226 | $2,394 |
| Feb | 46% | $225 | $2,546 |
| Mar | 49% | $218 | $2,854 |
| Apr | 44% | $204 | $2,567 |
| May | 54% | $233 | $2,943 |
| Jun | 69% | $294 | $5,062 |
| Jul | 79% | $309 | $6,285 |
| Aug | 74% | $300 | $5,889 |
| Sep | 53% | $243 | $3,471 |
| Oct | 44% | $206 | $2,632 |
| Nov | 38% | $214 | $2,074 |
| Dec | 47% | $254 | $2,813 |
Top Short-Term Rental Operators in Redmond
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 559 | 28,316 | ★ 4.54 |
| 2 | Sunriver Resort | 418 | 1,443 | ★ 4.66 |
| 3 | Bennington Properties | 251 | 9,354 | ★ 4.83 |
| 4 | Meredith Lodging | 216 | 6,648 | ★ 4.50 |
| 5 | Arrived Vacation Rentals | 178 | 13,330 | ★ 4.78 |
What Kind of STR Should I Buy in Redmond?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,256 |
| 2 bed | 1,287 |
| 3 bed | 1,929 |
| 4 bed | 949 |
| 5 bed | 584 |
ADR by Property Tier
| Entire Home | $382 |
| Luxury | $580 |
| Professionally Managed | $445 |
Revenue by Dwelling Type
| Apartment | $4,960 |
| Entire Place | $6,819 |
| House | $7,299 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 26.7% |
| vrbo | 11.6% |
| both | 61.7% |
Investment Analysis
The market-wide ADR of $374.31 rises to $382.40 for entire-home listings, $444.77 for professionally-managed listings (about 19% above average), and $579.79 for the luxury tier (about 55% above average), a narrower professional-management premium than seen in some markets, suggesting property type and size matter more here than service-quality differentiation. Revenue grew 3.39% year over year even as ADR fell 4.96%, evidence that occupancy or booking volume, not rate, drove recent revenue growth. At $6,684/month in average revenue ($80,205 annualized) against a typical home value of $516,562, that computes to a gross STR revenue yield of about 15.5% before expenses, permits, taxes, and management, a notably high figure versus most STR markets, though it should be read against Redmond’s broader-than-city-limits listing footprint. On the buy side, Redmond’s median sale price is $493,817 against a $560,800 median list price, a sale-to-list ratio of 0.881, meaning homes are selling well under asking, with a median 25 days to pending, both signs of a buyer-favorable housing market relative to Redmond’s STR demand. Redmond’s permit process is comparatively low-friction: no owner-occupancy or primary-residence requirement, a $153/year business license plus STR permit, and a 9% Transient Room Tax, keeping the regulatory floor low for investor-owned whole-home rentals compared to owner-occupancy-restricted markets like Portland.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Redmond’s average booking lead time is 86.8 days, nearly three months, notably longer than many STR markets, consistent with travelers planning Central Oregon outdoor-recreation trips well in advance. The average length of stay is 3.99 nights, just under four nights, typical of a multi-day recreation trip rather than a single-night stopover or an extended stay. That long lead time gives operators a wide advance-booking pricing window: hosts can track how far out a date is filling and adjust rates well before check-in, rather than relying on last-minute demand. A sub-4-night average stay means turnover (cleaning, restocking) happens more frequently than in markets with week-long average stays, which raises the importance of efficient turnover operations and cleaning-fee structuring for per-booking profitability.
Short-Term Rental Regulations
Redmond permits short-term rentals and requires operators to obtain a City of Redmond Business License plus a Short-Term Rental Permit, and to register for the city’s 9% Transient Room Tax. The business license carries a minimum fee of $153/year, renewed annually each January. There is no owner-occupancy or primary-residence requirement, and no published maximum-nights-per-year cap, making Redmond comparatively open to investor-owned, non-owner-occupied whole-home rentals. STRs are allowed in residential zones, the Mixed Use Neighborhood zone, and C2 zoning (including the Downtown Overlay District), but are prohibited in multi-family dwellings and complexes. Occupancy is capped at three guests (over age 3) per bedroom, and one off-street parking space is required per STR. Owners must designate a locally based responsible party, post their contact information along with maximum occupancy and ‘Good Neighbor Guidelines’ inside the unit, and comply with noise, litter, dust, and solid-waste rules. Enforcement is rated moderate: the STR permit can be revoked if business-license fees or Transient Room Tax payments fall 30 or more days past due. No major STR ordinance overhaul has been identified in the last 24 months; platform tax collection (Airbnb/HomeAway) has been in place since July 1, 2018. (Regulatory data current as of July 6, 2026.)
Market Comparison
Redmond’s June 2026 occupancy of 68.5% runs well above the roughly 55% national STR occupancy benchmark, and its ADR of $374.31 sits well above the roughly $220 national median ADR benchmark, a combination of strong demand and above-average pricing power tied to its position as the Central Oregon tourism gateway. Among property managers active in the market, Vacasa leads with 559 listings and 28,316 reviews (4.54 average rating), followed by Sunriver Resort (418 listings, 1,443 reviews, 4.66 rating) and Bennington Properties (251 listings, 9,354 reviews, 4.83 rating). Combined, the top three managers operate about 1,228 listings, roughly 20.4% of the market’s 6,010 total active listings, a meaningfully more consolidated operator base than markets where the top three control under 5% of inventory.
Frequently Asked Questions About Redmond, Oregon
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