Damascus, OR

Key Performance Metrics

Market snapshot

Performance indicators for the Damascus short-term rental market based on reliable data.

Listings

19 / 35

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$22,215

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$657,194

Median Home Sale Price

Top Earners

$57,218

Top-Earners Revenue

Damascus

Market Revenue Seasonality

Top Listings

Highest revenue

The 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.

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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.