Bend, OR
Oregon outdoor capital - ski, river, and craft beer market
Bend has emerged as one of the fastest-growing STR markets in the Pacific Northwest, combining Mt. Bachelor skiing, the Deschutes River, world-class mountain biking, and a nationally recognized craft beer scene. Year-round outdoor recreation creates multi-season demand. Deschutes County requires STR permits and limits licenses in certain residential zones.
40 active listings in Bend are analyzed and ranked right now
Scored 1-10 against real Airbnb comps. See which properties rank highest and why.
Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose Bend
Bend STR investing, answered
Is Bend, OR a good short-term rental market?
Bend is a Pacific Northwest STR market averaging a 5.8% cap rate, 51% annual occupancy, and $278/night across STR-viable listings, based on 40 active listings. Bend has emerged as one of the fastest-growing STR markets in the Pacific Northwest, combining Mt. Bachelor skiing, the Deschutes River, world-class mountain biking, and a nationally recognized craft beer scene. Year-round outdoor recreation creates multi-season demand. Deschutes County requires STR permits and limits licenses in certain residential zones.
What is the average Airbnb occupancy rate in Bend?
STR-viable properties in Bend average about 51% occupancy across the year. Peak season is Dec - Mar (ski), June - Sept (outdoor). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.
How much do short-term rentals earn in Bend?
At $278/night and 51% occupancy, a typical Bend STR grosses roughly $51,750 per year before expenses, leaving an estimated $31,050 in net operating income against a $666K average price, an implied 4.7% cap rate. Individual results depend on property, amenities, and management.
What types of properties work best for STR in Bend?
The strongest-performing STR property types in Bend are Single Family, Cabin, Townhouse, Condo. Mt. Bachelor ski resort - top-10 western ski destination. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.
What is the median STR-viable home price in Bend?
STR-viable listings in Bend average around $666K. Primary STR ZIP codes include 97701, 97702, 97703. Combined with the market's 5.8% average cap rate, that price level sets the return baseline you'd underwrite against.
Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 40 active listings · last updated Sep 1, 2026
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