Vacation Rental Market Analysis: Bend Oregon
Central Oregon is a prime destination for vacationers interested in outdoor recreation and adventure. Bend, Oregon is the largest city in the region and offers a wide variety of vacation rental options for visitors.
The vacation rental market in Bend has been growing steadily in recent years, as more and more people are discovering the many benefits of renting a home or condo instead of staying in a hotel. Vacation rentals offer more space and privacy than hotel rooms, and they often come with amenities like full kitchens and laundry facilities.
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We created a free, downloadable vacation rental market analysis to help you understand the value of a Bend, Oregon investment property. Inside you’ll find:
- Average revenue projected by month
- Average daily rates & occupancy rates
- Distribution of vacation rentals by rental size (or number of bedrooms)
- Distribution of vacation rentals by amenities
- Popular activities and attractions in the Bend area
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Meredith Lodging gathered data from the last 12 quarters in order to compile average market performance in Bend. The findings are helpful for anyone looking to invest in property in Bend, as they provide an idea of potential return on investment.
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Why Own a Vacation Rental Property in Bend?
There are a number of factors that have contributed to the growth of the vacation rental market in Bend. The city’s proximity to major outdoor recreation areas like the Deschutes National Forest and Mount Bachelor ski resort is a big draw for many visitors.
Bend and wider Central Oregon are also popular destinations for events and festivals throughout the year, including the Bend Brewfest, Sisters Rodeo, and the Cascade Cycling Classic. These events bring in large numbers of visitors and create a demand for vacation rental properties.
In addition, the city has seen a boom in its population and economy in recent years. The combination of all these factors has made Bend an attractive destination for vacation rental property owners.
If you’re thinking about investing in a vacation rental property in Bend, Oregon, download our free market analysis to learn more about the potential return on investment.
Download Our Vacation Rental Market Analysis for Bend
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