Newport, OR
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Newport short-term rental market based on reliable data.
Listings
1662 / 2806
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$51,938
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$442,411
Median Home Sale Price
Top Earners
$110,843
Top-Earners Revenue
Newport
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Newport.
Loading top listings...
Challenging to Investors
Newport Regulations
STRs are technically legal in Newport, RI but constrained to limited commercial/industrial zones (GB, CI, WB), while prohibited in residential areas except for very limited owner-occupied scenarios (2 rooms, 4 guests max). The multi-step permitting process requires both state and city registration with substantial annual fees ($500-$1,000 per unit), parking compliance, fire safety reviews, and ongoing monthly tax payments, creating significant operational barriers for investors.
Local STR Agent
STR specialist · Newport, OR
About Newport
Newport, Oregon, is a coastal city located in Lincoln County with a population of approximately 10,000 residents. Situated about 130 miles southwest of Portland, Newport is a popular destination for tourists and offers various short-term rental opportunities. The city's seaside charm is highlighted by its stunning natural beauty, vibrant marine life, and diverse recreational activities.
Newport is renowned for its numerous attractions, which make it an appealing destination for short-term renters. The city is home to the Oregon Coast Aquarium (https://aquarium.org/),,) known for its impressive exhibits and marine conservation efforts. Yaquina Head Outstanding Natural Area (https://www.blm.gov/visit/yaquina-head)) features the historic Yaquina Head Lighthouse and offers tide pools, hiking trails, and panoramic ocean views. The Newport Historic Bayfront is another popular spot, featuring galleries, shops, and seafood restaurants, all while maintaining a working fishing port atmosphere.
Additionally, Newport boasts miles of sandy beaches, where visitors can enjoy activities such as beachcombing, kite flying, and whale watching. South Beach State Park (https://stateparks.oregon.gov/index.cfm?do=park.profile&parkId=149)) provides excellent opportunities for camping, biking, and birdwatching.
The city’s location along U.S. Route 101 makes it easily accessible and an excellent base for exploring the central Oregon coast. Its amenities and natural attractions, combined with the quaint seaside vibe, make Newport a highly attractive destination for short-term rentals.