Is Tigard, Oregon Good for Airbnb Investment?

To start an Airbnb in Tigard, Oregon, begin by researching local regulations as Tigard requires short-term rental operators to obtain a business license and comply with zoning restrictions that typically limit rentals to residential zones with specific occupancy limits. Contact Tigard's Community Development Department at 503-718-2439 to verify current STR ordinances and obtain necessary permits, which may include a Conditional Use Permit depending on your property's zoning classification. Find a suitable property in residential areas like Bull Mountain or downtown Tigard, ensuring it meets safety requirements including smoke detectors, carbon monoxide detectors, and emergency exits. Furnish the space with quality basics including comfortable bedding, kitchen essentials, WiFi, and local amenities information, while considering Tigard's proximity to Portland attractions. Create your listing on Airbnb with professional photos highlighting nearby Washington Square mall, Fanno Creek Trail, and easy MAX light rail access to Portland, setting competitive rates around $80-150 per night based on 2023-2024 market data. Manage your property by establishing check-in procedures, maintaining cleanliness standards, responding promptly to guests, and ensuring compliance with Oregon's 1.8% transient lodging tax plus Washington County's additional taxes, while keeping detailed records for both local authorities and tax purposes.

To identify profitable STR properties in Tigard, Oregon, focus on locations within 15-20 minutes of downtown Portland, near Washington Square mall, or close to WES commuter rail stations for easy Portland access. Target 2-4 bedroom single-family homes or condos built after 1990 with modern amenities, full kitchens, parking, and outdoor spaces like patios or decks that appeal to both business travelers and families visiting the metro area. Conduct pricing analysis using AirDNA and Mashvisor to evaluate average daily rates ($80-150 typical for Tigard market), occupancy rates (aim for 65%+ annually), and seasonal demand patterns, while analyzing comparable properties within 2-mile radius through Airbnb and VRBO searches. Research competition by monitoring existing STR listings in neighborhoods like Bull Mountain, Metzger, and downtown Tigard, identifying gaps in amenities or pricing strategies, and checking city regulations since Tigard requires STR permits and has specific zoning restrictions. Utilize tools like Rabbu, AirDNA, and STR Helper for market analysis, monitor Tigard's city website for regulatory updates, connect with local real estate agents familiar with investment properties, and consider proximity to Nike headquarters in Beaverton and other major employers that generate consistent business travel demand.

To obtain an Airbnb/STR permit in Tigard, Oregon, you must first contact the Tigard Planning Department at City Hall located at 13125 SW Hall Boulevard to determine if short-term rentals are permitted in your specific zoning district, as Tigard has restrictive regulations on STRs. If allowed, you'll need to submit an application through the Planning Department including a completed STR application form, property deed or lease agreement, floor plans showing maximum occupancy, parking plan demonstrating adequate off-street parking, neighborhood notification list of properties within 300 feet, and proof of liability insurance coverage of at least $1 million. Required documents also include a business license from the City of Tigard, Oregon state lodging tax registration, and a detailed operational plan addressing noise control, waste management, and guest management procedures. The application fee is approximately $500-800 for initial review plus additional fees for any required public hearings, with the total process typically taking 60-90 days depending on whether a conditional use permit is required. Tigard requires STR operators to maintain a 24-hour contact person, limit occupancy to 2 people per bedroom plus 2 additional guests, provide adequate parking spaces, and comply with all residential building codes and fire safety requirements, with annual renewal required along with ongoing compliance monitoring.

Short-term rentals (STRs) are currently prohibited in Tigard, Oregon for residential properties. The city implemented a ban on STRs in residential zones in 2018 following concerns about housing availability, neighborhood character, and parking issues. Tigard's municipal code specifically prohibits the use of residential properties for transient lodging or short-term rental purposes, with violations subject to code enforcement action and fines. The ban applies to all residential zoning districts throughout the city, though some limited exceptions may exist for certain commercial zones. Unlike some neighboring jurisdictions that have opted for regulation rather than prohibition, Tigard has maintained its restrictive stance on STRs, with the city council citing the need to preserve residential neighborhoods and protect the local housing stock for long-term residents. Property owners seeking to operate STRs in Tigard would need to pursue a zoning change or variance, which is typically difficult to obtain given the city's policy position against residential STRs.

The most promising Airbnb investment areas in Tigard, Oregon include the downtown Tigard area near Main Street and Pacific Highway, which offers proximity to WES commuter rail connecting to Portland and Beaverton, making it attractive for business travelers working in the tech corridor. The neighborhoods around Washington Square mall provide excellent access to major shopping and dining while being close to Nike headquarters in Beaverton, drawing corporate visitors. Areas near Fanno Creek Trail and Cook Park attract outdoor enthusiasts and families visiting the region's recreational amenities. The residential districts along Highway 217 corridor offer convenient access to Intel, Nike, and other major employers in the Silicon Forest, creating steady demand from relocating employees and extended-stay business travelers. Properties near Tigard Triangle area benefit from the planned transit-oriented development and urban renewal projects expected to increase property values and visitor appeal through 2025-2030.

In Tigard, Oregon, Airbnb hosts are subject to multiple lodging taxes including the Oregon state lodging tax of 1.8%, Washington County's transient lodging tax of 5%, and Tigard's local transient lodging tax of 8%, totaling approximately 14.8% in combined lodging taxes. These taxes apply to short-term rentals of less than 30 consecutive days and are typically collected from guests at the time of booking through Airbnb's automated tax collection system for most jurisdictions. Hosts must register with the Oregon Department of Revenue and obtain a transient lodging tax license from Washington County, with remittance required monthly by the 15th of the following month for state taxes and quarterly for county taxes. The city of Tigard requires separate registration and monthly remittance of local lodging taxes, with returns due by the last day of the following month. Exemptions generally include stays of 30 days or longer, rentals to permanent residents, and certain government or charitable organization bookings, though hosts should verify current exemption criteria as they can change and may require proper documentation to claim.

Starting an Airbnb in Tigard, Oregon requires approximately $520,000-580,000 in total initial investment. Property purchase costs around $475,000 based on 2024 median home prices in the area. Furnishing a 2-3 bedroom property typically runs $15,000-25,000 including beds, sofas, dining sets, appliances, linens, and décor to create an attractive rental space. Initial setup costs of $3,000-5,000 cover professional photography, listing creation, welcome materials, and basic supplies. Permits and fees total approximately $500-1,500 including business license, short-term rental permit from Washington County, and any HOA approvals. Insurance increases by $1,200-2,000 annually for short-term rental coverage beyond standard homeowner's policy. Utilities including electricity, gas, water, internet, and cable average $200-300 monthly. First six months of operating costs add $8,000-12,000 covering utilities, cleaning services at $75-100 per turnover, maintenance, restocking supplies, Airbnb host fees of 3%, and property management if outsourced at 10-20% of revenue, assuming 60-70% occupancy rates generating $3,000-4,500 monthly revenue.

Airbnb properties in Tigard, Oregon typically generate annual revenues of $25,000-$45,000 for entire homes and $15,000-$28,000 for private rooms, with average daily rates ranging from $85-$140 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-$50 per turnover), property management (10-20% of revenue), utilities ($150-$300 monthly), insurance ($1,200-$2,000 annually), and maintenance costs ($2,000-$4,000 yearly). Properties within 15 minutes of downtown Portland or near Washington Square mall command premium rates, with successful hosts reporting net profit margins of 15-25% after mortgage payments. A typical 3-bedroom home purchased for $450,000 in 2022 with a $2,200 monthly mortgage payment can achieve 65-75% occupancy rates, generating approximately $35,000 annually with $14,000 in operating expenses, resulting in $21,000 gross profit before mortgage obligations. Success factors include proximity to MAX light rail stations, professional photography, responsive guest communication, and maintaining 4.8+ star ratings, with properties near Tigard Triangle area showing stronger performance due to business traveler demand from Nike headquarters in nearby Beaverton.

Based on Tigard, Oregon market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property type and location within the city. Properties near downtown Tigard or close to Washington Square shopping center tend to perform better, with investors seeing profitability within 18-24 months of initial investment. The median home price in Tigard of approximately $550,000-650,000 allows for competitive nightly rates of $120-180, generating monthly gross revenues of $2,800-4,200 for well-managed properties with 65-75% occupancy rates. After accounting for mortgage payments, property management fees, cleaning costs, and maintenance expenses, net annual returns typically fall between $8,000-15,000 per property, translating to the 8-12% ROI range, with higher-end properties or those with unique amenities potentially reaching 14-16% returns in favorable market conditions.

STRSearch is a national platform that helps investors identify profitable short-term rental properties across markets including Tigard, Oregon. In the Portland metro area, which includes Tigard, investors can work with real estate agents like those at Windermere Realty Trust, Keller Williams Portland Premiere, and RE/MAX Equity Group who have experience with investment properties and short-term rental regulations. Local property management companies such as RedAwning, Vacasa (founded in Portland in 2009), and AvantStay provide services for Airbnb property management in the region. National services like Mashvisor, AirDNA, and BiggerPockets offer market analysis tools and investment property search capabilities for the Tigard market. Additionally, companies like Roofstock and Arrived Homes have expanded into short-term rental investment opportunities, while local investment groups and meetups through organizations like the Real Estate Investment Association of Oregon provide networking and deal-finding opportunities for investors targeting the Tigard area's vacation rental market.