Damascus, OR
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Damascus short-term rental market based on reliable data.
Listings
18 / 36
Reliable / Active
Cap Rate
4%
Middle-Earners Gross Yield
Revenue
$25,571
Middle-Earners Revenue
Occupancy
59%
Middle-Earners Occupancy
Home Value
$647,636
Median Home Sale Price
Top Earners
$48,605
Top-Earners Revenue
Damascus
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Damascus.
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Generally Investor friendly
Damascus Regulations
Damascus has no city‑specific caps or bans, so STRs are effectively permitted; investors must still secure a city business license, verify zoning and register for any local transient room taxes, a manageable compliance burden that makes the environment friendly but not highly supportive.
Local STR Agent
STR specialist · Damascus, OR
About Damascus
Damascus is a census-designated place and former city in Clackamas County, Oregon, United States. Established in 1867, it was incorporated in 2004 in an effort to enable local land use decision-making control by the community. Its residents voted to disincorporate in 2016, and, after a legal challenge, its disincorporation was completed in 2020. Damascus is located east of Happy Valley and Interstate 205 and west of Boring. The population was 11,050 residents as of the 2020 census.