Hood River, OR

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

189 / 375

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$37,464

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$721,986

Median Home Sale Price

Top Earners

$85,635

Top-Earners Revenue

Hood River

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hood River.

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C

Challenging to Investors

Hood River Regulations

STRs are explicitly allowed but face significant constraints including primary residence requirements in residential zones, 90-day annual caps, one-license-per-owner limitations, mandatory safety inspections, and complex permitting with multiple documentation requirements. The extensive operational restrictions and compliance burden create meaningful barriers that would deter some investors despite the clear legal framework.

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About Hood River

Hood River is a small city of roughly 8,000 residents tucked into the Columbia River Gorge in north-central Oregon, where it serves as the seat of Hood River County. Straddling the Columbia River at the mouth of the Hood River, the town has a distinctly outdoorsy, agricultural-meets-adventure-sport feel, with fruit orchards and vineyards climbing the slopes behind downtown and windsurfers carving across the river in front of it. It is best known as a recreation hub and a gateway to Mount Hood and the larger Columbia River Gorge National Scenic Area, sitting about 60 miles east of Portland along Interstate 84 and roughly an hour's drive from the slopes of Oregon's tallest peak.

Just south of town, the slopes, forests, and wildflower meadows of Mount Hood draw visitors year-round. In summer the area offers hiking and mountain biking on trails like those in the Mount Hood National Forest, while in winter several ski areas — including Timberline and Mt. Hood Meadows — open for skiing and snowboarding, generally within a 60- to 90-minute drive west and south of the city. The mountain's snow-capped silhouette dominates the southern skyline and anchors much of the regional identity.

To the west, the Historic Columbia River Highway threads through the gorge toward some of the most photographed waterfalls in the Pacific Northwest. Multnomah Falls, the tallest year-round waterfall in the United States at 611 feet, is roughly 45 minutes west of Hood River and serves as the marquee stop along this stretch, with smaller falls such as Horsetail and Bridal Veil clustered nearby. The same corridor leads to the broader Columbia River Gorge National Scenic Area, a protected landscape of basalt cliffs, hiking trails, and wind-swept viewpoints that spans both Oregon and Washington.

Closer to home, the river itself is the headline attraction. The Columbia's strong, consistent winds make Hood River one of the world's premier windsurfing and kiteboarding destinations, and the Event Site waterfront park buzzes with sailors, paddlers, and families throughout the warmer months. On calmer days, visitors rent stand-up paddleboards or take a leisurely stroll along the waterfront path that links the city's marinas, breweries, and restaurants.

Hood River is a compelling base for short-term rentals precisely because it packages so many distinct experiences into a compact, walkable town. Guests can sail in the morning, drive to a waterfall or alpine trail by afternoon, and return to a downtown dotted with tasting rooms, cideries, and farm-to-table eateries by evening — all while framed by the ever-present backdrop of Mount Hood and the Columbia River.

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