Can I do rental arbitrage in Portland?

No. The host must live in the dwelling at least 270 days a year, and investment properties aren't eligible.

What does a Portland permit cost?

$400 every two years for Type A (up to 2 bedrooms). Type B starts with a $9,005 land-use review.

A 6% city tax, 5.5% Multnomah County tax, a 3% Tourism Improvement District fee and a $4 a night fee, plus state lodging tax.

What can a renter do instead?

Furnished stays of 30 days or more, if the lease allows them. The mid-term rental calculator compares that against a short-term estimate.

Rental Arbitrage in Portland, OR

Researched by RentalArbitrage AdminData as of: September 2026

Not yet researched

We have not published a sourced legal page for this city yet. Check the city's official short-term rental rules and your lease before relying on the numbers below.

Average daily rate: $157.70
Occupancy: 67%
Annual revenue potential: $32,400

Source: AirDNA Figures for the Portland, OR market, trailing 12 months, as of September 2026. Markets are metro areas, not city limits.

How Much Rent Can a Unit Here Carry?

Most rent that breaks even: $2,686
Rent that leaves a 20% margin: $1,928

At the market's average rate and occupancy, a unit books about 20.4 nights and $3,789 a month. The ceiling assumes 3-night stays, an $85 cleaning fee against a $75 clean, a 3% platform fee and $480 a month for bills, insurance, supplies and software. Market averages include every listing size, so a one-bedroom usually earns less. Treat these as upper limits for a lease negotiation, not targets.

Run the Numbers for Portland, OR

Pre-filled with the market's rate and occupancy, and a rent at the 20% margin ceiling. Replace the rent with the real asking rent of the unit you're considering.

Loading the tool…

The Portland, OR Market

AirDNA's Portland market averaged a $157.70 daily rate at 67% occupancy over the last 12 months, about 20.4 booked nights and $3,800 of booking income a month for an average listing.
Portland allows accessory short-term rentals only where the host lives in the dwelling at least 270 days a year, and says investment properties aren't eligible. A tenant who lives in the home can rent out bedrooms, but leasing a separate unit to run as a rental isn't possible. Booking agents can't process stays for rentals that aren't in the city registry.

Startup Costs

At a $1,900 rent, expect roughly $12,200 before the first booking: a one-month deposit, the first month's rent, about $7,500 of furnishing and $900 of setup. Add a cushion of a few months of costs. Work it out properly with the startup cost calculator.

Risks to Weigh

Hosts must live in the dwelling at least 270 days a year
Investment properties are not eligible
Type B (3 to 5 bedrooms) needs a land-use review costing $9,005
Combined city, county, district and state taxes plus a $4 a night fee

Frequently Asked Questions

Can I Do Rental Arbitrage in Portland?: No. The host must live in the dwelling at least 270 days a year, and investment properties aren't eligible.
How Busy Is the Portland Short-Term Rental Market?: AirDNA's Portland market averaged a $157.70 daily rate at 67% occupancy over the last 12 months, with annual revenue of about $32,400.
What Does a Portland Permit Cost?: $400 every two years for Type A (up to 2 bedrooms). Type B starts with a $9,005 land-use review.
What Taxes Apply?: A 6% city tax, 5.5% Multnomah County tax, a 3% Tourism Improvement District fee and a $4 a night fee, plus state lodging tax.
What Can a Renter Do Instead?: Furnished stays of 30 days or more, if the lease allows them. The mid-term rental calculator compares that against a short-term estimate.