Rent Your Vacation Home or Condo in Portland, Oregon

Positive vacation rental trends in Portland, Oregon when you considering renting out your Portland home as a short-term rental

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

Current Vacation Rental Trends in Portland

During the month of January, Portland and areas including Central City, Northwest District, Eastside, Downtown, Pearl, Richmond, Buckman, Concordia, King, Hosford-Abernethy, Sunnyside, Kerns, Overlook, Boise-Eliot, Mt. Tabor, Montavilla, South Portland, Humboldt, Irvington, Sellwood-Moreland, Kenton, Piedmont, Eliot, Cully, Goose Hollow, Vernon, Arbor Lodge, Woodlawn, Old Town/Chinatown, St. Johns, Woodstock, Powellhurst-Gilbert, South Tabor, Rose City Park, Sabin, Creston-Kenilworth, Southwest Hills, Hazelwood, and N. Tabor are projected to generate over $139/night for a 2 bedroom vacation rental, on average! There were 4,113 vacation active rental properties in Portland.  3,418 are renting the entire place, and 695 are shared rooms.  On average, during the month of January 2023, each vacation rental property in Portland is booked 62% of the time, and most hosts are projected to generate $1,938 or more during the month of January! See how much you could earn with our free vacation rental income calculator.
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$139.00 Per Night*

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62% Occupied*

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$1,938.00 Per Month*

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

Vacation Rentals in Portland 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 Portland, Oregon

Around the country, short-term vacation rentals are becoming a part of the American way of life. Homeowners who want to make some extra money on the weekend can rent out their properties to travelers looking for a unique and affordable place to stay. There are many advantages to renting out your property as a short-term rental. First, it can be an easy way to earn some extra money. Second, it is a great way to promote your home and put it in front of potential visitors. Third, it allows you to enjoy your property when you want instead of when you have a guest. And fourth, it can help you save some money by cutting down on the cost of buying furniture and other items that you would need if you were renting out your home full time.

When you think about renting out your home in Portland, Oregon, one of the first things that comes to mind is "vacation rentals." But that's not necessarily the case. One of the most important things to keep in mind when considering whether to rent out your home as a short-term rental is how much you can afford to invest in the property. If you're planning on renting out your home for just a few weeks or months, it's probably not worth it to go through the hassle of remodeling or investing a lot of money into the property. But if you're planning on renting out your home for several months or years at a time, it's definitely worth it to invest in some of the improvements that will make your home more appealing and comfortable for potential renters.

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

See how much your Portland vacation rental could earn:

Revenue Projections for Vacation Rentals in Portland, Oregon during February, 2023

Based on a 2 bedroom, which is the most common Portland 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 February. Higher bars below can command higher prices, if your Portland vacation rental is available during these days.
 
$14782%1st
 
$15082%2nd
 
$15983%3rd
 
$16184%4th
 
$15182%5th
 
$14982%6th
 
$14881%7th
 
$14881%8th
 
$15182%9th
 
$16383%10th
 
$16383%11th
 
$15382%12th
 
$14981%13th
 
$14980%14th
 
$14881%15th
 
$15582%16th
 
$17284%17th
 
$17585%18th
 
$16484%19th
 
$15581%20th
 
$15080%21st
 
$15081%22nd
 
$15482%23rd
 
$16783%24th
 
$16583%25th
 
$15481%26th
 
$15080%27th
 
$15079%28th
 

Average Daily Price & Percent Occupied Next Month In Portland

Note: These averages are based on a 2 bedroom home in Portland. 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 Portland, Oregon?

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

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