🌊 My Top Five Oregon Coast Cities to purchase an STR: Fall 2024 Edition

[AJ Wong]

When it comes to acquiring lucrative coastal luxury vacation rentals on the Oregon Coast the most challenging components can be permitting and timing. During the past four years we've sold over twenty five STR's.

Here are our current top five cities and areas on the Oregon Coast based on ease of permitting and rental performance:

1. Florence - Limited current regulation within city limits. 1 hour to Eugene & Airport. Excellent ROI.

2. Brookings. - Restricted by zoning. Accessible from California. Above average ROI.

3. Lincoln City - High barrier to entry. Most visited coastal city. Average ROI.

4. Pacific City - Very high barrier to entry. Licensed STR can transfer.* Above average ROI.

5. Bandon - Exceptionally high barrier to entry. Anchored by Bandon Dunes. Excellent ROI.

Runner Ups:

Depoe Bay - High barrier to entry. Close proximity to LC. Above average ROI.

Seaside - Restricted by zoning. Close proximity to PDX. Average ROI.

Yachats - High barrier to entry with restrictive zoning. Proximity to Eugene Airport. Above average ROI.

Cannon Beach - Restrictive zoning. Generally one occupancy per 14 days. Exception apply* Excellent ROI.

Rockaway Beach - New CAP on licenses. Licensed properties can transfer.* Average ROI.

[Grant Med]

What are the barriers to getting and STR going in Lincoln City? I have family moving there and I am considering moving as well to be near them. I only buy properties where house hack and I have the ability to STR/MTR. I'm super stoked that you posted on this because I am actively looking haha.

Thanks!