Perryton, TX

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

10 / 15

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$17,415

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$127,070

Median Home Sale Price

Top Earners

$33,091

Top-Earners Revenue

Perryton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Perryton.

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B

Generally Investor friendly

Perryton Regulations

STRs are clearly allowed in Perryton under Texas rules, but the 6% hotel occupancy tax registration with monthly filings is a moderate compliance step and there’s no confirmed local ordinance, creating some uncertainty. No identified caps, permits or inspections make it largely manageable, though you should confirm with city/county before investing.

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About Perryton

Perryton sits in the northern reaches of the Texas Panhandle, serving as the county seat of Ochiltree County. With a population of roughly 8,500 residents, the community has the unhurried, wide-open character typical of the High Plains cattle and grain belt, where grain elevators, pickup trucks, and big skies define the everyday landscape. The town grew up along the railroad in the early twentieth century and remains a working agricultural and energy community, with wheat fields, feedlots, and oil and gas activity shaping its economy. Perryton functions as a service hub for the surrounding ranch country and as a convenient gateway for travelers moving between Texas, Oklahoma, and Kansas. The nearest major city is Amarillo, located approximately 115 miles to the southwest along US-287.

The Museum of the Plains, located in downtown Perryton, offers a detailed look at the heritage of Ochiltree County and the surrounding Panhandle. The museum preserves artifacts, photographs, and exhibits related to pioneer ranching, homesteading, and the region's Native American history, giving visitors a sense of how the High Plains were settled. It is within walking distance of most parts of town, making it an easy stop for guests looking to spend a quiet afternoon indoors.

Just north of Perryton, across the Oklahoma state line, Black Kettle National Grassland covers tens of thousands of acres of rolling prairie and is named in honor of Cheyenne peace chief Black Kettle. The grassland offers hiking, wildlife viewing, and hunting in a setting that feels much more remote than its location suggests. The Cheyenne Cultural Center, which commemorates the lives of Black Kettle and his people, sits along the road into the grassland, roughly an hour's drive north of Perryton. Together, these stops pair well with a day trip focused on the region's frontier and Indigenous history.

Each June, the Top of Texas Rodeo brings several days of PRCA-sanctioned rodeo action, live music, and a community parade to town, drawing visitors from across the Panhandle and the adjacent Oklahoma counties. The event is one of the area's largest annual gatherings and an easy point of entry for travelers who want to time a stay around a marquee local tradition rather than a generic weekend.

For short-term rental investors, Perryton offers something a bit different from the usual Texas Hill Country or Gulf Coast markets. It is a true small-town Panhandle base with affordable real estate, reliable demand from traveling workers in the oil and agricultural sectors, and proximity to outdoor destinations like Black Kettle National Grassland. The combination of small-town character, annual events, and wide-open scenery gives operators a niche to serve both workforce travelers and road-trippers exploring the lesser-known corners of the southern Great Plains.

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