Forest Grove, OR
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Forest Grove short-term rental market based on reliable data.
Listings
44 / 90
Reliable / Active
Cap Rate
4%
Middle-Earners Gross Yield
Revenue
$20,689
Middle-Earners Revenue
Occupancy
50%
Middle-Earners Occupancy
Home Value
$514,090
Median Home Sale Price
Top Earners
$36,279
Top-Earners Revenue
Forest Grove
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Forest Grove.
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Very Investor friendly
Forest Grove Regulations
Short-term rentals are permitted in Forest Grove and unincorporated Washington County without any local permitting, caps, or licensing; the county explicitly does not regulate STRs and chose not to adopt a program in its 2023–25 work plan. Only standard state lodging tax and general health/safety rules apply, which are typical and manageable for investors. This supportive, low-burden stance with minimal compliance barriers earns a very friendly rating.
Local STR Agent
STR specialist · Forest Grove, OR
About Forest Grove
Forest Grove is a city in Washington County, Oregon, United States, 25 miles (40 km) west of Portland. Originally a small farm town, it is now primarily a commuter town in the Portland metro area. Settled in the 1840s, the town was platted in 1850, then incorporated in 1872, making it the first city in Washington County. The population was 21,083 at the 2010 census, an increase of 19.1% over the 2000 figure (17,708).Located in the Tualatin Valley, Oregon routes 8, and 47 pass through Forest Grove with 47 and 8 signed as the Tualatin Valley Highway south and east of the main part of the city, respectively, Oregon Route 8 signed as Gales Creek Road west of the city, and Oregon Route 47 signed as the Nehalem Highway north of the city. Pacific University has been the most distinctive aspect of the town throughout its history. Old College Hall on campus is listed on the National Register of Historic Places along with nine other structures in the city.