Florence, OR

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

193 / 339

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$34,012

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$442,728

Median Home Sale Price

Top Earners

$66,583

Top-Earners Revenue

Florence

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Florence.

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C

Challenging to Investors

Florence Regulations

STRs are permitted under Lincoln County, but all seven regions are at their caps with zero licenses available; new entrants must join a waitlist and enter lottery drawings. High licensing fees ($900 new, $650 renewal) and mandatory inspections add cost and compliance complexity. Even though the framework is clear, strict caps and zero availability create substantial barriers for investors.

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About Florence

Florence is a small coastal city in Lane County, Oregon, set at the mouth of the Siuslaw River where it meets the Pacific Ocean. With a population of roughly 8,500 residents, it carries the easygoing rhythm of a working harbor town wrapped in dramatic coastal scenery. Long popular with travelers driving the Oregon Coast Highway, Florence is best known as a gateway to the Oregon Dunes and as a launching point for exploring the central Oregon Coast. The city sits about 60 miles west of Eugene, the nearest major city and home to the University of Oregon, and roughly 170 miles southwest of Portland, making it a convenient stop for road-trippers looping through the Pacific Northwest.

A short drive north of town brings visitors to Heceta Head Lighthouse, perched on a headland roughly 13 miles up the coast. Often counted among the most photographed lighthouses in the United States, the 56-foot tower overlooks a rocky shoreline and the surrounding old-growth forest, with a nearby bed-and-breakfast in the assistant lightkeeper's house. A few miles farther along the same coastal road lies Sea Lion Caves, a privately owned wildlife preserve and elevator-accessed cliff cave that's home to a year-round population of Steller sea lions. The attraction sits about 11 miles from Florence and offers elevated viewpoints even when the cave itself is closed to visitors.

Just south of the city, the Oregon Dunes National Recreation Area stretches for roughly 40 miles along the coast between Florence and Coos Bay. Managed primarily by the U.S. Forest Service, it features some of the largest expanses of wind-shaped sand dunes in North America, drawing off-highway vehicle riders, sandboarders, hikers, and horseback riders. The dunes begin within a few miles of Florence's southern edge, putting riders and walkers essentially at the city's doorstep. The adjoining Jessie M. Honeyman Memorial State Park, just a few miles south of downtown, adds freshwater swimming, camping, and trail access alongside its own dune landscapes, offering a quieter alternative to the more expansive federal recreation area.

Back in town, Old Town Florence lines the north bank of the Siuslaw River with restored wooden storefronts, galleries, seafood restaurants, and a scenic bridge crossing to the south side. The waterfront district anchors the city's identity, hosting events throughout the year and serving as the natural gathering place for visitors after a day on the coast.

Florence appeals to short-term rental owners because it combines a compact, walkable downtown with quick access to some of the most distinctive outdoor experiences on the Oregon Coast. Travelers arrive for the dunes, the lighthouses, the sea caves, and the slower pace of a riverfront town, and they tend to stay for several nights while exploring the surrounding region. That blend of natural spectacle and small-town comfort gives the city a steady, year-round draw that goes well beyond a single summer season.

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