Is Redmond, Oregon Good for Airbnb Investment?

Potentially. Redmond, Oregon combines visitor demand with long-term real estate upside.

• Presents a unique opportunity, influenced by the city's growing popularity as a gateway to outdoor recreation and its evolving real estate landscape.
• Redmond's market conditions are characterized by a steady increase in tourism, driven by its proximity to Bend and the numerous outdoor activities available in Central Oregon, such as hiking, biking.
• This consistent visitor flow contributes to a reliable demand for short-term rentals.
• Property values in Redmond, while generally more accessible than in larger Oregon cities, have been appreciating, suggesting potential for capital gains alongside rental income.
• The investment potential is further bolstered by a community that is increasingly accommodating to tourists.

$1,200–$2,800 per month based on location, season, and property quality.

• Based on available market data and rental analytics, Airbnb hosts in Redmond, Oregon typically earn between $1,200 to $2,800 per month.
• Seasonal variations show peak earnings during summer months when outdoor recreation activities like hiking, fishing, and visiting nearby Bend drive demand up by approximately 40-60%.
• Properties closer to recreational areas, downtown, or with unique amenities like hot tubs or mountain views command premium rates of $150-250 per night compared to standard listings at $80-140 per night.
• Key factors affecting earnings include proximity to Smith Rock State Park, property size and amenities, professional photography and listing optimization, responsive host communication.
• Occupancy rates typically range from 45-65% annually, with successful hosts achieving higher occupancy through competitive pricing, excellent reviews.

Potentially strong, with a typical annual ROI of 8–12%.

• Typically generate ROI between 8-12% annually, with higher-end properties near recreational areas achieving up to 15% returns due to the city's proximity to Bend and outdoor attractions like Smith Rock State Park.
• The average payback period ranges from 8-12 years, depending on initial investment and property type.
• Compared to traditional long-term rentals in Redmond that yield approximately 6-8% ROI with average monthly rents of $1,400-1,800 for single-family homes.

Redmond, Oregon averages 55–65% annual occupancy, with seasonal variation.

• Airbnb occupancy rates in Redmond, Oregon typically average around 55-65% annually, with significant seasonal variation driven by the area's outdoor recreation appeal.
• Peak season runs from June through September when occupancy rates can reach 75-85%, coinciding with hiking, fishing.
• Winter months see occupancy drop to 35-45% due to colder weather and reduced tourist activity, though some uptick occurs during ski season at nearby Mount Bachelor.
• Spring and fall shoulder seasons maintain moderate occupancy around 50-60%.
• Redmond's occupancy rates generally align closely with Oregon's statewide Airbnb average of approximately 60%.
• The city's proximity to Bend and outdoor attractions helps maintain relatively strong performance compared to other similarly-sized Oregon markets.

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

• The best Airbnb investment neighborhoods in Redmond, Oregon include Downtown Redmond for its walkability to restaurants, shops.
• The Dry Canyon area offers excellent returns due to proximity to hiking trails and outdoor recreation while maintaining reasonable property acquisition costs.
• Neighborhoods near Centennial Park attract families and outdoor enthusiasts with access to sports facilities and green spaces, providing steady occupancy rates.
• The areas around Redmond Airport cater to business travelers and provide consistent demand with premium pricing potential for convenience-focused guests.
• West Redmond neighborhoods near Highway 97 offer good investment value with easy access to Bend attractions while maintaining lower property costs than Bend itself.
• The Obsidian Golf Club vicinity attracts affluent guests seeking luxury accommodations with golf access, commanding higher nightly rates.
• Finally, neighborhoods near Smith Rock State Park's access points, though slightly outside town.

Yes, but only where zoning permits short-term rentals and every required license is current.

• Redmond, Oregon requires short-term rental operators to obtain a business license and conditional use permit for properties operating as vacation rentals.
• Properties are typically limited to a maximum occupancy of two people per bedroom plus two additional guests.
• Owner-occupancy requirements vary by zoning district, with some residential zones requiring the property to be the owner's primary residence while others allow non-resident ownership with additional restrictions and monitoring requirements.
• Short-term rentals are generally prohibited in certain residential zones and require conditional use permits in most others.
• The registration process involves submitting detailed property information, floor plans, parking arrangements, and contact information for a local property manager if the owner lives more than 60 miles away.
• Recent regulatory changes have included stricter noise ordinances, mandatory posting of occupancy limits and quiet hours, enhanced parking requirements of one space per bedroom, and increased penalties for violations.

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

• Short-term rentals in Redmond, Oregon are subject to several fees and taxes including Oregon's statewide transient lodging tax of 1.8%, Deschutes County's transient room tax of 7%.
• Property owners must obtain a Transient Rental Unit (TRU) permit from the city with an initial registration fee of approximately $200-300 and annual renewal fees of $150-250.
• Additional requirements include a business license costing around $50-75 annually, and compliance with fire safety inspections which may cost $100-200.
• Properties may also be subject to increased property tax assessments when used commercially, and owners must collect and remit all applicable taxes quarterly to the Oregon Department of Revenue and local jurisdictions.