Performance indicators for the Bishop short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Bishop.
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Challenging to Investors
STRs are legally allowed but constrained by strict hosted-only rules, per‑area caps (2–29), annual city renewal and community notification, and mandatory hosted status in the county; while fees ($150) and TOT/BTID are manageable, the limited zones, parking/occupancy limits, revocation risk, and cap uncertainty elevate investor risk to challenging rather than friendly.
Local STR Agent
STR specialist · Bishop, CA
Bishop (formerly Bishop Creek) is a city in California, United States. It is the largest populated place and only incorporated city in Inyo County. Bishop is located near the northern end of the Owens Valley, at an elevation of 4,150 feet (1,260 m). The city was named after Bishop Creek, flowing out of the Sierra Nevada; the creek was named after Samuel Addison Bishop, a settler in the Owens Valley. Bishop is a commercial and residential center, while many vacation destinations and tourist attractions in the Sierra Nevada are located nearby. The population of the city was 3,879 at the 2010 Census, up from 3,575 at the 2000 Census. The population of the built-up zone containing Bishop is much larger; more than 14,500 people live in a compact area that includes Bishop, West Bishop, Dixon Lane-Meadow Creek, and the Bishop Paiute Reservation. It is by far the largest settlement in Inyo County. A number of western films were shot in Bishop, including movies starring John Wayne, Charlton Heston and Joel McCrea.
