Stevenson, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

75 / 159

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$31,703

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$544,641

Median Home Sale Price

Top Earners

$69,791

Top-Earners Revenue

Stevenson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Stevenson.

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C

Challenging to Investors

Stevenson Regulations

STRs are only allowed as an accessory to the operator’s primary residence and require a Minor CUP and standard business licensing, limiting scalability and excluding non-primary investments; extra costs and operational rules (onsite host, strict occupancy/bedroom limits, screening/parking, landscaping buffers) add burden.

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About Stevenson

Stevenson is a small city of roughly 1,500 residents nestled along the north bank of the Columbia River in Skamania County, Washington. Often described as the "Gateway to the Columbia River Gorge" on the Washington side, the town has the unhurried feel of a riverfront community, with a compact downtown set against forested hillsides and the broad sweep of the river. Stevenson sits approximately 45 miles east of Portland, Oregon, a drive of about an hour along the scenic Columbia River Highway corridor, making it a popular weekend escape from the city. Its economy and identity are closely tied to outdoor recreation, river traffic, and the steady flow of visitors passing through the gorge.

Just a few minutes from downtown, the Columbia River Gorge National Scenic Area defines the region's appeal. Stretching for tens of miles in both directions, the scenic area encompasses dramatic basalt cliffs, dozens of waterfalls, and a mix of hiking, cycling, and windsurfing opportunities. From Stevenson, visitors can reach trailheads and viewpoints in a matter of minutes, with the western edge of the scenic area beginning at the town's doorstep.

A short drive east of the city lies the Bonneville Dam, one of the oldest federal dams on the Columbia River and a notable visitor stop. The dam's fish ladders and visitor center offer a chance to see migrating salmon and learn about the river's hydroelectric history, and the surrounding grounds include wildlife viewpoints and picnic areas. It is a staple stop for families and school groups traveling through the gorge.

Spanning the Columbia at the edge of town, the Bridge of the Gods is a striking steel cantilever bridge that carries the Pacific Crest Trail across the river and links Washington with Cascade Locks, Oregon. The crossing is named for a Native American legend about a natural rock bridge that once spanned the river here, and it remains both a working transportation link and a memorable landmark for travelers.

Just downstream, Beacon Rock State Park surrounds one of the largest monolithic volcanic plugs in North America, with a switchback trail climbing to the summit for sweeping river and gorge views. The park also offers camping, boating access, and shorter riverside walks, rounding out Stevenson's appeal as an outdoor-focused base.

Together, these natural and engineered landmarks make Stevenson a natural fit for short-term rentals. Its small-town character, riverfront setting, and proximity to the Columbia River Gorge give it broad appeal for hikers, sightseers, and weekend travelers, while its easy reach from Portland ensures a steady year-round flow of visitors looking for a quieter base from which to explore one of the Pacific Northwest's most scenic corridors.

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