Springfield, Oregon Short-Term Rental Market
Springfield, OR short-term rentals averaged $270/night at 70.4% occupancy in June 2026, up 19% YoY revenue.
Quick Answer: Springfield, Oregon is an active short-term rental market. average occupancy is 70%. average monthly revenue is $4,720. average daily rate is $270. the top operator is Vacasa with 51 listings. market score is 49/100 (grade D).
Market data reflects the Eugene regional market, which includes Springfield. Regulations, taxes, and permit details below are specific to Springfield.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Springfield’s short-term rental market posted a $270 average daily rate and 70.4% occupancy in June 2026, generating $4,720 in average monthly revenue per listing. By property type, entire-place listings averaged $5,079/month, houses $5,064/month (essentially tied), and apartments $3,416/month. Year over year, this market stands out: occupancy rose 6.4 percentage points, ADR rose 5.1%, and average revenue rose 18.9%, the strongest revenue growth of any market processed in this batch.
The market carries roughly 2,510 active listings, one of the smaller supply bases among the markets processed in this batch. The bedroom mix skews small: 1,086 one-bedroom (43% of supply), 586 two-bedroom, 519 three-bedroom, 229 four-bedroom, and 88 five-bedroom. Entire-place listings account for 2,208 (about 88%), with 303 private rooms and no shared-room listings recorded. Channel data shows 1,660 Airbnb-only listings, 109 Vrbo-only, and 742 listed on both, meaning Springfield relies more heavily on Airbnb-only distribution than any other market in this batch.
Springfield is part of the Eugene-Springfield metro in Lane County, marketed as a gateway to the McKenzie River recreation corridor and the Cascades, with visitors drawn to river rafting and fishing, regional sports and event travel, and the officially licensed Simpsons Mural. Its total market score of 49.38 and investability score of 56.82 (both out of 100) are the lowest in this batch, reflecting a smaller, less-established STR market, even as its recent revenue growth trend runs the strongest of any market here.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 48% | $116 | $1,534 |
| Feb | 52% | $112 | $1,459 |
| Mar | 58% | $117 | $1,803 |
| Apr | 61% | $129 | $1,883 |
| May | 56% | $130 | $2,016 |
| Jun | 71% | $190 | $3,315 |
| Jul | 64% | $154 | $2,760 |
| Aug | 64% | $140 | $2,509 |
| Sep | 64% | $142 | $2,369 |
| Oct | 55% | $146 | $2,176 |
| Nov | 52% | $139 | $1,957 |
| Dec | 46% | $122 | $1,647 |
Top Short-Term Rental Operators in Springfield
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 51 | 1,355 | ★ 4.46 |
| 2 | Evolve | 37 | 1,436 | ★ 4.74 |
| 3 | ICON Real Estate | 23 | 1,581 | ★ 4.86 |
| 4 | RedAwning | 17 | 330 | ★ 4.77 |
| 5 | Host Homes Management | 16 | 169 | ★ 4.49 |
What Kind of STR Should I Buy in Springfield?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,086 |
| 2 bed | 586 |
| 3 bed | 519 |
| 4 bed | 229 |
| 5 bed | 88 |
ADR by Property Tier
| Entire Home | $289 |
| Luxury | $450 |
| Professionally Managed | $347 |
Revenue by Dwelling Type
| Apartment | $3,416 |
| Entire Place | $5,079 |
| House | $5,064 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 66.1% |
| vrbo | 4.3% |
| both | 29.5% |
Investment Analysis
Housing valuation data was not available in the latest snapshot for Springfield, so a home-price-based yield calculation cannot be computed here; investors should pull current comps directly.
Rate tiers show meaningful upside: the all-listings ADR of $270 rises to $289 for entire-home-only rentals, $347 for professionally managed listings (29% above the all-listings average), and $450 for the luxury tier (67% above). Springfield’s standout metric is momentum: average revenue per listing rose 18.9% year over year, well ahead of every other market in this batch, alongside a 6.4-point occupancy gain, suggesting the market is still building demand rather than plateauing.
Regulation adds real friction here relative to Morehead City or Wake Forest: every Springfield STR needs a city permit, an annual business license, and a certificate of occupancy, with a two-tier structure. Type A (owner-occupied, up to about 5 guest rooms) is approved administratively for roughly $400; Type B (larger or non-owner-occupied) requires discretionary conditional-use review including a neighborhood meeting and public hearings, plus a minimum 400-foot separation from other Type B rentals on the same street. As of late 2024 the city stopped issuing new Type B permits in commercial, mixed-use, employment, and industrial zones, which favors owner-occupied operators over larger investor-owned whole-home rentals going forward.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Springfield guests book an average of 83.4 days ahead of arrival, one of the longer lead times in this batch, giving owners a nearly 12-week window to adjust pricing well ahead of arrival. Average length of stay is 3.4 nights, on the shorter end of this batch, closer to a long weekend than a full week.
That combination, a long lead time paired with a short stay, suggests guests plan trips well in advance around specific events or river-recreation windows (rafting season, sports and event travel) but don’t commit to an extended visit once they arrive. For owners, that means more advance pricing certainty than in short-lead-time markets, but also a higher volume of shorter bookings to manage and turn over compared with week-long-stay destinations.
Given Springfield’s 18.9% year-over-year revenue growth, the long lead time also gives owners room to test incremental rate increases well ahead of the June peak and gauge booking-pace response before locking in summer pricing. The shorter average stay means more frequent guest turnover per month than in markets like Sherrills Ford or Mount Pleasant, which raises the relative importance of efficient cleaning and communication workflows to protect margins as the market continues to grow.
Short-Term Rental Regulations
Short-term rentals (stays under 30 consecutive days) are legal in Springfield but regulated under the Springfield Development Code (section 4.7.355). Every STR needs a city short-term rental permit, an annual business license, and a certificate of occupancy. The code splits STRs into two tiers: Type A is owner/operator-occupied (owner or operator lives on-site, up to roughly five guest rooms and ten occupants) and is approved administratively for about $400; Type B covers larger or non-owner-occupied operations and requires discretionary conditional-use review, including a neighborhood meeting and public hearings before the Planning & Zoning Commission and City Council, plus a minimum 400-foot separation from other Type B rentals on the same street.
There is no owner-occupancy requirement for the program overall, though Type B (the tier that allows non-owner-occupied operation) is subject to the tougher review path, and there is no primary-residence mandate or published maximum-nights-per-year cap. Operators must post permit and business-license numbers plus operator contact information, and STRs cannot be rented solely for special events.
Guests pay a 9.5% Springfield transient room tax on top of Oregon’s state transient lodging tax, which rises from 1.5% to 2.5% on January 1, 2026. Enforcement is rated moderate. As of late 2024 the city stopped issuing new Type B permits in commercial, mixed-use, employment, and industrial zones, a meaningful recent tightening for non-owner-occupied investors specifically.
Market Comparison
At 70.4% occupancy and a $270 ADR, Springfield runs above the roughly 55% occupancy and roughly $220 ADR typical of the broader US short-term rental market, though its total market score of 49.38 out of 100, the lowest in this batch, reflects a smaller and less mature STR market than the other Oregon and coastal markets processed here. What stands out instead is momentum: 18.9% year-over-year revenue growth is the strongest of any market in this comparison set.
Property management is led by the two largest national brands: Vacasa (51 listings, 4.46 rating) and Evolve (37 listings, 4.74 rating) hold the top two spots, followed by ICON Real Estate (23 listings, the highest rating in the top 5 at 4.86), RedAwning (17 listings), and Host Homes Management (16 listings). The top 5 combined control 144 of the market’s roughly 2,510 listings, about 5.7%, meaning the large majority of Springfield’s STR supply is independently operated.
Frequently Asked Questions About Springfield, Oregon
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