Deschutes County

As of May 2026, Bend, Sunriver, Sisters have 5,566 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Deschutes County generates $45K per year. High-performing properties earn $86K/year, while low-performing properties earn $19K/year. This wide revenue spread highlights a significant polarization in listing performance, suggesting that a small subset of properties captures the majority of demand despite declining overall market revenue.

Average home prices in Deschutes County vary by property size: 1-bedroom properties cost approximately $290K, 2-bedroom homes average $427K, 3-bedroom properties are around $563K, and 4+ bedroom homes average $660K. These prices reflect median home values across the Bend, Sunriver, Sisters area.

Airbnb and VRBO can be profitable in Deschutes County, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 15%, which is considered top for short-term rental investment. The nearly double-digit gap between average and top performers indicates that profitability is heavily dependent on specific asset optimization rather than broad market growth.

The average occupancy rate for Airbnbs and VRBOs in Deschutes County is 33%. This occupancy level, combined with an average nightly rate of $328, results in a RevPAR (revenue per available room) of $87 per day.

4+ bedroom properties demonstrate the strongest performance in Deschutes County, with an average gross yield of 9% and annual revenue of $66K. These properties balance purchase price ($660K), operating costs, and rental demand most effectively in the Deschutes County market.

Short-term rental regulations vary by jurisdiction in the Deschutes County area. Bend: Moderate. License required, 10% cap on dwelling units per neighborhood, owner-occupancy required for residential zones. Active enforcement with compliance checks. Sunriver: Lenient. SHARC pass required for amenity access, HOA rules vary by property. Light enforcement, many active rentals. Sisters: Lenient. Business license and transient room tax required. Minimal restrictions, light enforcement with focus on tax collection. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Deschutes County Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has decreased 23%. This indicates balanced supply-demand dynamics. While the exit of some supply helps stabilize competition, the sharp drop in RevPAR suggests that remaining inventory is struggling to maintain historical pricing power.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 59% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (April-October) when gaining traction is harder.

The most common amenities in Deschutes County listings include: Kitchen (96%), Air Conditioning (89%), Washing Machine (86%), Tv (73%), Heating (60%). Amenities that boost revenue the most include Washing Machine, Hot Tub, Sauna, with Washing Machine properties earning approximately 53% more ($64K/year vs $42K/year).

Monthly estimated revenue per listing in Deschutes County over the last 12 months: May: $2K, June: $4K, July: $5K, August: $5K, September: $2K, October: $2K, November: $2K, December: $3K, January: $2K, February: $2K, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Deschutes County is $328, up 20% year-over-year. By property size: 1-bedroom properties average $166/night, 2-bedroom properties average $251/night, 3-bedroom properties average $308/night, 4+ bedroom properties average $581/night. Rates peak in July and are lowest in May.

Guests in Deschutes County book an average of 41 days in advance, down 17% from last year. By property size: 1-bedroom: 32 days, 2-bedroom: 39 days, 3-bedroom: 41 days, 4+ bedroom: 51 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Deschutes County Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing decreased 23%, occupancy fell 15%, average nightly rates increased 20%, and lead time decreased 17%. These metrics reveal a market shifting toward shorter booking windows and higher price points, forcing a contraction in overall occupancy.

In Deschutes County, Friday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 48% higher occupancy than weekdays.