Redmond, OR

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

294 / 569

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$39,076

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$512,005

Median Home Sale Price

Top Earners

$67,139

Top-Earners Revenue

Redmond

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Redmond.

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B

Generally Investor friendly

Redmond Regulations

Short‑term rentals are permitted in both Redmonds (WA and OR). In Redmond, WA, the framework is straightforward—annual licensing ($153), safety checklist, and tax remittance—with warnings before penalties; in Oregon, STRs follow state statutes but local clarity is limited, adding moderate compliance risk. Friendly yet not fully frictionless, making it attractive for investors with manageable permitting and costs.

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About Redmond

Redmond, Oregon is a growing city located in Central Oregon, approximately 16 miles north of Bend and about 150 miles southeast of Portland. As of the latest data, Redmond has a population of around 32,000 residents. Its proximity to Bend, a larger city known for its outdoor recreational activities and vibrant cultural scene, enhances its appeal for both short-term and long-term residents.

Redmond is known for its charming small-town atmosphere, combined with a wealth of amenities and activities that attract visitors. It boasts easy access to outdoor recreational sites such as Smith Rock State Park, a world-renowned rock climbing destination (https://stateparks.oregon.gov/index.cfm?do=park.profile&parkId=36)..) The city's proximity to the Deschutes River and the Cascade Mountains also makes it an ideal base for hiking, biking, fishing, and skiing.

One of the key landmarks in Redmond is the High Desert Sports Complex (https://www.redmondoregon.gov/government/departments/parks-division/parks-infrastructure/high-desert-sports-complex),,) offering various sports facilities to both locals and visitors. Another significant attraction is the Redmond Caves Recreation Area, an intriguing site for those interested in geology and exploring natural lava tubes (no available official website).

The city has a vibrant downtown area filled with local shops, eateries, and breweries, providing a pleasant mix of entertainment and dining options. For aviation enthusiasts, the Redmond Municipal Airport (RDM) serves as a vital hub, connecting this scenic part of Oregon to major cities such as Seattle, Portland, and Los Angeles (https://www.flyrdm.com/)..)

Redmond's appeal for short-term rentals is boosted by its strategic location, balancing the serenity of a smaller city with the excitement and amenities of nearby Bend. This, paired with its abundant outdoor activities and points of interest, makes it an attractive destination for tourists looking for both adventure and relaxation.

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