Lincoln County

As of May 2026, Lincoln City, Newport, Depoe Bay have 4,077 active Airbnb and VRBO listings. This represents a 7% decrease from the previous year.

The average Airbnb or VRBO in Lincoln County generates $53K per year. High-performing properties earn $95K/year, while low-performing properties earn $23K/year. The massive earnings gap suggests that revenue is highly polarized, likely driven by specific property attributes or guest experiences that capture a larger share of the current limited demand.

Average home prices in Lincoln County vary by property size: 1-bedroom properties cost approximately $314K, 2-bedroom homes average $437K, 3-bedroom properties are around $558K, and 4+ bedroom homes average $694K. These prices reflect median home values across the Lincoln City, Newport, Depoe Bay area.

Airbnb and VRBO can be profitable in Lincoln County, with an average gross yield of 11% across all properties. High-performing properties achieve yields up to 20%, which is considered top for short-term rental investment. This yield spread highlights that while the overall revenue environment has contracted, top-tier assets remain resilient enough to generate significant returns.

The average occupancy rate for Airbnbs and VRBOs in Lincoln County is 40%. This occupancy level, combined with an average nightly rate of $296, results in a RevPAR (revenue per available room) of $109 per day.

4+ bedroom properties demonstrate the strongest performance in Lincoln County, with an average gross yield of 12% and annual revenue of $84K. These properties balance purchase price ($694K), operating costs, and rental demand most effectively in the Lincoln County market.

Short-term rental regulations vary by jurisdiction in the Lincoln County area. Lincoln City: Moderate. Business license required, transient lodging tax registration. No owner-occupancy rules. Standard enforcement through tax compliance. Newport: Moderate. Business license and transient lodging tax required. Zoning restrictions in some residential areas. Moderate enforcement via complaints. Depoe Bay: Lenient. Business license and lodging tax required. No density caps or owner-occupancy rules. Light enforcement, minimal restrictions. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Lincoln County Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 7% year-over-year, while RevPAR has decreased 18%. This indicates balanced supply-demand dynamics. The simultaneous drop in supply and revenue suggests the market is attempting to recalibrate as lower-performing inventory exits the ecosystem in response to softening demand.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 58% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-January) when gaining traction is harder.

The most common amenities in Lincoln County listings include: Kitchen (98%), Washing Machine (71%), Tv (66%), Balcony (60%), Heating (50%). Amenities that boost revenue the most include Washing Machine, Hot Tub, Bbq, with Washing Machine properties earning approximately 44% more ($72K/year vs $50K/year).

Monthly estimated revenue per listing in Lincoln County over the last 12 months: May: $3K, June: $5K, July: $6K, August: $6K, September: $3K, October: $3K, November: $2K, December: $2K, January: $2K, February: $2K, March: $3K, April: $3K. 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 Lincoln County is $296, up 10% year-over-year. By property size: 1-bedroom properties average $171/night, 2-bedroom properties average $258/night, 3-bedroom properties average $338/night, 4+ bedroom properties average $554/night. Rates peak in July and are lowest in February.

Guests in Lincoln County book an average of 40 days in advance, down 18% from last year. By property size: 1-bedroom: 37 days, 2-bedroom: 40 days, 3-bedroom: 40 days, 4+ bedroom: 48 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Lincoln County Airbnb and VRBO market has seen the following changes: supply declined 7%, revenue per listing decreased 18%, occupancy fell 12%, average nightly rates increased 10%, and lead time decreased 18%. These metrics reveal a market where operators are attempting to offset lower demand and booking velocity through higher pricing power.

In Lincoln County, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 59% higher occupancy than weekdays.