Rent Your Vacation Home or Condo in Depoe Bay, Oregon

It’s a fact: Vacation rentals are on the rise. According to RentCafe, short-term rental sites like Airbnb have grown 300% in the last five years, and there are now nearly 6 million properties listed across the world. The biggest markets for short-term rentals are New York City and San Francisco, but they’re popping up in almost every city across the globe. A growing demand for vacation rentals has created a whole new set of challenges for home owners who want to rent out their property but don’t know how to do it. This article will help you navigate these challenges and take advantage of the opportunity to make some extra money from your vacation home.

When partnering with RedAwning for your property management needs, we can make sure your Depoe Bay rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Depoe Bay

During the month of September, Depoe Bay is projected to generate over $284/night for a 3 bedroom vacation rental, on average! There were 244 vacation active rental properties in Depoe Bay.  239 are renting the entire place, and 5 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Depoe Bay is booked 97% of the time, and most hosts are projected to generate $6,701 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$284.00 Per Night*

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97% Occupied*

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$6,701.00 Per Month*

* Based on the median average of all vacation rentals in the Depoe Bay area.
Get a free estimate for your home or condo.

Vacation Rentals in Depoe Bay are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in Depoe Bay, Oregon

By now, most travelers know that the Depoe Bay area is home to some of the best beaches in all of Oregon. With a coastline of more than 15 miles and several world-class surfing spots, it’s no wonder that people are flocking to this beautiful coastal town. But while the beaches are definitely a draw, there’s much more to do here than just laze by the sand and surf. In fact, Depoe Bay is known for its rich marine heritage, making it one of the top fishing towns in the world. Not only can you catch your own fish or enjoy fresh seafood from local restaurants, you can also take in tours of the surrounding ocean and learn about its rich history as well as how humans have impacted its ecosystem. And with a sizable population of retirees, many Depoe Bay homes are available for rent as short-term rentals to make sure that you can experience all that this beautiful town has to offer.

Positive vacation rental trends in Depoe Bay, Oregon when you considering renting out your Depoe Bay home as a short-term rental. There are many reasons to consider renting out your home for the season, including: 1. Air and water quality - When you rent out your home, the air and water quality is not negatively impacted by outdoor cooking and cleaning. 2. Reduced utility costs - When you rent out your home, you can offset some of the costs from owning a home, including utilities. You may also be able to extend your utility usage period by renting out part of your home. 3. Renting out a room or two could also generate extra income if you have children at home.

RedAwning takes the guess-work out of Depoe Bay property management, and we work with you to ensure your Depoe Bay short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Depoe Bay vacation rental could earn:

Revenue Projections for Vacation Rentals in Depoe Bay, Oregon during October, 2022

Based on a 3 bedroom, which is the most common Depoe Bay vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in October. Higher bars below can command higher prices, if your Depoe Bay vacation rental is available during these days.
 
$30590%1st
 
$23282%2nd
 
$22582%3rd
 
$21980%4th
 
$23675%5th
 
$25281%6th
 
$26991%7th
 
$27693%8th
 
$22782%9th
 
$22479%10th
 
$22780%11th
 
$22879%12th
 
$25483%13th
 
$27186%14th
 
$26286%15th
 
$22883%16th
 
$22576%17th
 
$22974%18th
 
$22873%19th
 
$23577%20th
 
$26080%21st
 
$25681%22nd
 
$21574%23rd
 
$21072%24th
 
$21272%25th
 
$22570%26th
 
$23372%27th
 
$24570%28th
 
$24969%29th
 
$22867%30th
 
$22764%31st
 

Average Daily Price & Percent Occupied Next Month In Depoe Bay

Note: These averages are based on a 3 bedroom home in Depoe Bay. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Depoe Bay, Oregon?

If you are a speculative home buyer or have another home in Oregon, check out our other Oregon Vacation Rental Management reports in EugenePortlandSalemCannon BeachSeasideGearhartBendBrookingsHood RiverSunriverRedmondParkdalePowell ButteMosierLincoln City,  and Black Butte Ranch, Oregon or view all of our vacation rental market reports

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