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Bend, OR Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,287
Monthly Cash Flow
-$1,600
Principal + Equity
$5,074
Annual Total Gain
$41,686
Cash on Cash
-10.48%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$294
Occupancy Rate
55.56%
Monthly Revenue
$3,686
Monthly Cash Flow
-$754
Principal + Equity
$5,074
Annual Total Gain
$51,838
Cash on Cash %
-4.94%
Net ROI %
Market Health & Growth
Median Income
$88,792
Population
101,472
LTR Renter %
37.91%
Forecast (1 yr)
1.02%
Appreciation (1 yr)
-3.62%
Appreciation (5 yr)
43.49%
Appreciation (10 yr)
103.89%
Job Growth
2.79%
LTR Rentability
Very High
STR Demand
61
STR Rentals
4,031
Top Public Schools
BCascade Middle School
BRealms Middle School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Live in Oregon
#96out of 262 markets
Best Places to Retire in Oregon
#33out of 161 markets
Places with the Best Public Schools in Oregon
#36out of 160 markets
B-
Public School
C
Crime And Safety
D
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Bend, OR.
In Bend, Oregon, Short Term Rentals (STRs) are regulated by the city's Development Code and the City Council. Here are some key regulations that an investor should be aware of before purchasing a property for STR use in Bend:
1. Permit Requirement: In Bend, all STRs must obtain a permit from the city before operating. The permit application process includes submitting an application, paying a fee, and meeting certain requirements such as providing proof of insurance and complying with safety regulations.
2. Occupancy Limits: The city of Bend has set occupancy limits for STRs to prevent overcrowding and ensure the safety of guests. The maximum occupancy for an STR is typically based on the number of bedrooms in the property.
3. Noise Regulations: Bend has strict noise regulations in place to ensure that STRs do not disrupt the peace and quiet of residential neighborhoods. Guests are expected to adhere to quiet hours and noise levels, and violations can result in fines or permit revocation.
4. Parking Requirements: STRs in Bend must provide adequate parking for guests to prevent congestion in residential areas. The city may require off-street parking spaces or limit the number of vehicles allowed per rental.
5. Taxation: STRs in Bend are subject to transient room tax, which is collected by the city and used to fund tourism-related initiatives. Investors should be aware of their tax obligations and ensure compliance with local tax laws.
6. Zoning Restrictions: Some areas of Bend may have zoning restrictions that limit or prohibit STRs. Investors should research the zoning regulations in the specific neighborhood where they are considering purchasing a property for STR use.
7. Enforcement: The city of Bend actively enforces STR regulations and responds to complaints from residents about non-compliant properties. Investors should be prepared to comply with all regulations and address any issues promptly to avoid fines or penalties.
Overall, investors considering purchasing a property for Short Term Rental in Bend, Oregon should thoroughly research and understand the local regulations and requirements to ensure a successful and compliant investment.
Market Trends Over Time
Explore 25 years of market data for Bend, OR, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Bend, OR.
The LTR Genie Score of Bend, OR is 73 and STR Genie Score is 64, indicating a high and moderate level of attractiveness for long-term rental and short-term rental investments, respectively. The LTR Rentability is very high, contributing to the high LTR Genie Score, while the STR Genie Score is slightly lower due to a lower occupancy rate and revenue compared to the long-term rental market. The LTR Net ROI of 22.74% and STR Net ROI of 28.28% suggest that both investment options are profitable in Bend, OR.
Bend, OR is a popular tourist destination known for its outdoor recreational activities, craft breweries, and vibrant arts scene. The city's population has been steadily growing, leading to increased demand for rental properties. Additionally, Bend's 1-Year Price Appreciation Forecast of 1.02% indicates a stable real estate market with potential for property value growth.
Overall, Bend, OR presents a promising opportunity for real estate investors interested in both long-term and short-term rental properties. With a strong LTR Rentability and attractive ROI for both rental strategies, investors may consider diversifying their portfolio by investing in both rental markets in Bend, OR.
LTR Genie Score 93
$295,000
🛏 3 Beds🛁 3.0000 Baths🏙 1,956 sqft.🏠 SINGLE FAMILY