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Short-Term Rental (STR) Regulations
In Portland, Oregon, Short Term Rental (STR) regulations are governed by the city's Bureau of Development Services. Here are some key regulations that an investor should be aware of before purchasing a property for short term rental in Portland:
1. Type of Property: Only primary residences are eligible for short term rental in Portland. This means that the property must be the owner's primary residence and cannot be used solely for short term rental purposes.
2. Permit Requirement: In order to operate a short term rental in Portland, property owners must obtain a Type A Accessory Short Term Rental Permit from the city. This permit is valid for two years and must be renewed regularly.
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