Powell Butte, OR

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

38 / 80

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$48,324

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$1,012,344

Median Home Sale Price

Top Earners

$79,257

Top-Earners Revenue

Powell Butte

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Powell Butte.

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C

Challenging to Investors

Powell Butte Regulations

STRs are allowed but sharply constrained by region‑specific caps (zero available licenses across all regions), forcing investors onto waitlists and lotteries; while permits are clear, $900 new and $650 renewal fees, required inspections, and $1M insurance create moderate barriers, making market entry challenging.

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About Powell Butte

Powell Butte is a small unincorporated community in Crook County in central Oregon, situated on a high plateau between the Ochoco Mountains and the Cascade Range. With a population of just a few hundred residents spread across the surrounding area, the community has the feel of a rural high-desert outpost, characterized by working ranches, juniper-dotted landscape, and wide-open skies. It serves as a quiet gateway to the outdoor recreation opportunities of central Oregon, with Bend, the nearest major city, located approximately 35 miles to the southwest.

The most celebrated natural attraction in the area is Smith Rock State Park, a renowned rock-climbing destination with towering cliffs of volcanic tuff rising above the Crooked River. The park is roughly a 30- to 40-minute drive northwest of Powell Butte and offers hiking, mountain biking, and wildlife viewing alongside its world-class climbing routes. Its distinctive rock formations have made it an icon of the central Oregon outdoor scene and a magnet for visitors from across the globe.

To the east lies the Ochoco National Forest, a sprawling expanse of public land that surrounds the Crook County seat of Prineville, about 15 miles east of Powell Butte. The forest offers hiking, camping, fishing, and hunting in a quieter alternative to the busier Cascade destinations, with scenic drives, alpine lakes, and the wild horse country of the Crooked River Grassland, where free-roaming herds can still be seen in their natural habitat.

For those seeking water-based recreation, Prineville Reservoir State Park sits roughly 30 miles east of Powell Butte and provides boating, swimming, and fishing in a quiet high-desert reservoir framed by basalt canyon walls. It is a popular summer escape and a calmer alternative to the busier lakes further west in the Cascades, with several campgrounds and day-use areas along its shoreline.

The Powell Butte plateau itself offers its own outdoor appeal, with rolling juniper woodlands and panoramic views of Mount Hood, Mount Jefferson, and the Three Sisters visible on clear days. Trail networks cross the high desert, providing opportunities for hiking, mountain biking, and horseback riding in a peaceful rural setting just a short drive from the restaurants, breweries, and amenities of Bend.

The combination of rural high-desert character, proximity to Redmond and Bend, and easy access to some of central Oregon's most celebrated natural areas makes Powell Butte a compelling base for travelers seeking both seclusion and adventure. Short-term rentals in the area offer visitors a peaceful home base from which to climb at Smith Rock, hike in the Ochocos, and explore the wider Crook County landscape, all within an easy drive of central Oregon's largest city.

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