Bend, OR Vacation Rental Market Analysis: What Investors Should Know Before Buying
Bend, Oregon, is one of the Pacific Northwest’s most sought-after travel destinations — and with more than 3 million annual visitors, it continues to offer strong short-term rental opportunities for buyers.
Its alpine views, sunny skies, and year-round outdoor recreation attract travelers of all ages, creating consistent demand that can translate into steady rental income.
If you’re considering a Bend vacation rental investment, our free Bend Vacation Rental Market Analysis breaks down the numbers you need to evaluate earning potential. Inside, you’ll find:
- Rental income potential by property size
- Average occupancy by property size
- Average daily rate (ADR) by property size
- Booking lead times and length of stay
- Monthly occupancy rates
- Vacation rental inventory by property size across the Bend market
- These insights are based on Evolve’s performance averages from the last 12 months, giving you a reliable baseline as you explore Bend, OR real estate.
👉 Download the full Bend Vacation Rental Investment Analysis.
Why Bend Is a Top Market for Vacation Rental Buyers
Bend receives more than 160 days of sunshine each year, making it a rare four-season playground in the Pacific Northwest. That climate supports a long list of outdoor activities and drives traveler demand almost year-round.
Strong Summer and Winter Seasons
- Summer: Rafting and fishing on the Deschutes River, hiking around Pilot Butte, and climbing the Cascade Mountains
- Fall: Leaf-peeping and hiking keep occupancy strong
- Winter through early spring: Visitors flock to Mt. Bachelor Ski Resort for skiing, snowboarding, and snowshoeing
A Destination Beyond the Outdoors
Bend’s vibrant city scene also boosts year-round bookings. Travelers are drawn to spots like The Old Mill District, a trendy riverside neighborhood featuring restaurants, breweries, riverside trails, and local art galleries.
A Favorable Market for Buyers
Bend’s median home value is around $728,000 — high, but still more affordable than neighboring West Coast metros like Seattle (~$824,000). Combined with steady travel demand, many buyers find that the right Bend investment property can offset ownership costs and generate meaningful revenue throughout the year.
How Much Can You Earn with a Bend Vacation Rental?
To understand your potential ROI, consider three key factors: property size, location, and amenities. Here’s what the Bend data shows.
1. Best-Performing Property Sizes
Smaller homes (1–3 bedrooms) see the highest number of nights booked per year, according to our data. One-bedroom properties lead in occupancy, and these sizes also make up the majority of Bend’s available inventory — offering more options at approachable price points.
Larger homes (4–5 bedrooms) generate the highest annual revenue. Though inventory is limited, they earn more per booking and tend to attract groups willing to pay higher daily rates. Last year’s top Evolve earner in Bend was a four-bedroom home.
Bottom line: Bend offers strong performance across all property sizes, giving buyers flexibility to choose a home that matches their budget and revenue goals.
2. Top Locations for Booking Demand
Real estate experts consistently rank proximity to Bend’s major attractions as a leading revenue driver. Fortunately, many homes sit just outside downtown, keeping guests close to:
- The Old Mill District
Buyers who want a more nature-forward stay can also explore properties near Mt. Bachelor or Smith Rock State Park, where guests look for quiet, scenic retreats away from the bustle of city life.
3. Highest-Value Amenities for Bend Travelers
No matter the neighborhood, Bend visitors want easy access to the outdoors. Consider upgrades that emphasize nature, relaxation, and convenience:
- Outdoor living spaces: sun decks, spacious yards, mountain-view patios
- Private hot tubs: one of the most popular amenities in Bend
- Trail access: direct paths or nearby trailheads for hikers and bikers
- Pet-friendly features: dog beds, bowls, and treats (pet-friendly homes see significantly higher booking demand)
Amenities like these can improve guest satisfaction, increase five-star reviews, and help your listing stand out in a competitive market.
Download the Complete Bend, OR Vacation Rental Market Analysis
Bend’s mix of four-season adventure, strong traveler demand, and vibrant city culture makes it one of Oregon’s most resilient vacation rental markets. Whether you’re exploring your first purchase or considering converting an existing home, our Bend Vacation Rental Market Analysis equips you with the data needed to make confident decisions.
Inside the full report, you’ll find:
- Average daily rate (ADR) by property size
- Average high- and low-season length of stay
- Market inventory insights
- Demand seasonality
Use this data to evaluate opportunities, project earning potential, and feel as relaxed about your next investment move as you would drifting down the Deschutes River.
👉 Download the full Bend Vacation Rental Investment Analysis.