Bandon, Oregon, is experiencing robust short-term rental performance, with an average 60% occupancy rate, a $327 daily rate, and $56,161 in monthly revenue, making it an attractive and profitable market for Airbnb hosts despite some regulatory challenges.
Thriving Short-Term Rentals in Bandon, Oregon: A Haven for Investors and Travelers
Bandon, Oregon, continues to shine as a lucrative market for short-term rentals, attracting a steady stream of tourists with its stunning beaches, renowned golf courses, and vibrant local culture. The city's 245 active short-term rental listings on platforms like Airbnb and Vrbo boast an impressive 60% average occupancy rate, reflecting the high demand for these properties. With an average daily rate of $327 and monthly revenue of $56,161, Bandon's short-term rentals offer significant financial returns for investors. The market's resilience is further enhanced by the city's commitment to sustainable tourism, drawing in eco-conscious visitors and contributing to a robust and growing rental market.
Short-Term Rental Regulations in Bandon, Oregon for 2024
Licensing and Compliance
- Business License: All short-term rental properties must obtain a business license, which includes an inspection of the property for safety and compliance with local codes.
Zoning Restrictions
- Conditional Use Permits: Vacation Rental Dwellings (VRDs) are allowed only in specific zones (CD-1, CD-2, CD-3, and C-3) and require approval through a public hearing process by the Planning Commission.
- Saturation Rate: The saturation rate within a 250-foot radius of the subject property must be less than 30%.
Taxes and Fees
- Transient Occupancy Tax (TOT): Hosts must collect a 9.5% city transient lodging tax from guests, which must be remitted to the city on a quarterly basis.
- Note: Some sources mention a 7% tax, but the most recent and specific source indicates a 9.5% tax.
Safety and Health Regulations
- Tsunami Preparedness: VRDs must post the Bandon Tsunami Evacuation Route Map in a conspicuous location within the dwelling.
- Smoke Detectors: Smoke detectors must be provided in all potential and actual sleeping areas.
- Water Source: The water source must be from a public water system or a private well/spring that does not use surface water. Properties using surface water are not eligible for a vacation rental license.
Operational Requirements
- Noise and Parking: VRDs must comply with strict noise and parking policies. Violations can result in fines or the revocation of the business license.
- Garbage Removal: Regular garbage removal from the premises is required.
- Local Management: An owner or designated local management person must be immediately available to handle complaints and problems on a 24-hour basis.
Inspections and Reporting
- Inspections: Properties must comply with inspections to ensure they meet all safety and health standards.
- Reporting and Accounting: Compliance with all reporting and accounting requirements of the TOT ordinance is mandatory.
Additional Requirements
- Property Age: Any dwelling proposed as a VRD must be at least three years old, calculated from the date of issuance of a certificate of occupancy from the City of Bandon.
- Active Rental Requirement: If the VRD activity ceases for a period of one year, or fails to be rented for more than 10 nights within a calendar year, the VRD permit becomes null and void.
Top Airbnb Revenue-Generating Neighborhoods in Bandon, Oregon
1. Bandon Dunes Golf Resort Area
- This area is highly appealing due to its proximity to the renowned Bandon Dunes Golf Resort, a major tourist attraction. Guests are drawn to the scenic golf courses, luxurious amenities, and the opportunity to combine golfing with a coastal vacation.
- Properties in this area often feature stunning beach views, easy access to golf courses, and high-end amenities, contributing to their high revenue potential.
2. Old Town Bandon
- Old Town Bandon is a favorite among guests due to its vibrant atmosphere, shops, restaurants, and the historic pier. The area offers a mix of coastal charm and convenience, making it an attractive location for vacationers.
- Properties here benefit from being within walking distance to local amenities and the beach, enhancing their appeal and occupancy rates.
3. Face Rock State Scenic Viewpoint Area
- This area is popular for its natural beauty, featuring iconic rock formations and scenic views. Guests are attracted to the unique landscapes and the opportunity to explore one of Bandon's most famous attractions.
- Properties near Face Rock State Scenic Viewpoint often offer stunning ocean views and easy access to outdoor activities, making them highly desirable.
4. Bullards Beach State Park Area
- Located near Bullards Beach State Park, this area is appealing for its combination of beach access and outdoor recreational activities. Guests enjoy the park's amenities, including camping, hiking, and beach activities.
- Properties in this area benefit from the park's attractions and the serene coastal environment, contributing to their revenue generation.
5. Coquille River Lighthouse Area
- The Coquille River Lighthouse is a historic landmark that draws visitors. This area is appealing for its scenic views of the river and the ocean, as well as the historic significance of the lighthouse.
- Properties here offer a unique blend of history and natural beauty, making them attractive to guests looking for a memorable stay.
These neighborhoods in Bandon, Oregon, are highly profitable for Airbnb due to their unique attractions, scenic beauty, and the overall appeal they offer to guests.
Furnishing and Design Tips for an Inviting Airbnb in Bandon, Oregon
Understanding Bandon's Unique Style
Bandon, Oregon, is known for its blend of old-world Ireland, 19th-century New England cottages, and contemporary Pacific Northwest architecture. When designing your Airbnb, incorporate these cultural influences to create a space that resonates with the local charm.
Key Design Elements
Blend of Rustic and Modern Aesthetics
- Combine rustic elements like wooden furnishings and natural textures with modern amenities to create a cozy yet contemporary atmosphere.
Coastal and Natural Themes
- Use sea-inspired colors, such as blues and greens, and incorporate natural elements like driftwood, sea glass, and nautical accents to reflect the coastal setting.
Local Art and Crafts
- Infuse your space with local culture by adding artwork, sculptures, and crafts from Bandon's artisans. This can include pieces from the public sculptures and local shops in Old Town Bandon.
Essential Amenities and Features
Outdoor Spaces
- Provide outdoor spaces such as decks, patios, or gardens with comfortable seating and BBQ facilities to take advantage of Bandon's beautiful ocean views and outdoor lifestyle.
Modern Kitchens
- Equip your kitchen with modern appliances, quality cookware, and ample dining space to cater to guests who prefer cooking their meals.
Comfortable Living Areas
- Create inviting living areas with comfortable furniture, fireplaces or gas firepits for colder evenings, and spacious layouts that accommodate larger families or groups.
Pet-Friendly Accommodations
- Consider adding pet-friendly amenities to attract travelers with pets, as this is a popular request in coastal areas.
Neighborhood Considerations
Proximity to Attractions
- Choose properties close to popular attractions like the beach, Bandon Dunes golf courses, and Old Town Bandon to enhance the guest experience and convenience.
Access to Nature
- Opt for locations that offer easy access to nature trails, beaches, and other outdoor activities that Bandon is known for.
Furnishing Tips
Reuse and Repurpose
- Consider reusing existing furniture pieces that fit the coastal theme and repurpose them to save on costs and maintain a cohesive look.
Vision Boards and Planning
- Use vision boards to plan and visualize the design before making purchases, ensuring that all elements work well together in the space.
Quality Over Quantity
- Invest in higher-quality furniture and decor that reflects the local style, as this will enhance the guest experience and encourage positive reviews.
By incorporating these tips, you can create an inviting and unique Airbnb space in Bandon, Oregon, that reflects the city's distinctive charm and appeals to a wide range of guests.
Discovering Bandon, Oregon: Local Attractions and Insider Tips
Must-Visit Attractions
Bandon Beach
- Known for its iconic sea stacks, including The Wizard's Hat, Cathedral Rock, The Castle, and Cat and Kittens Rock.
- Enjoy horseback riding, fat tire biking, and explore the fascinating tide pools and panoramic overlooks.
Old Town Bandon
- Explore historic buildings, vibrant artistic community, and colorful restaurants and boutiques.
- Visit numerous local art galleries and see artists at work capturing the town's beauty.
Bullards Beach State Park
- A family-friendly outdoor destination with 4.5 miles of beach, hiking trails, and opportunities for horseback riding, mountain biking, camping, fishing, and crabbing.
- Visit the historic Coquille River Lighthouse, now open from mid-May to September.
Face Rock State Scenic Viewpoint
- Marvel at dramatic cliffs, tide pools, and unique sea stacks.
- Participate in the Circles in the Sand event, where artists create intricate sand labyrinths.
Bandon Marsh National Wildlife Refuge
- A prime spot for birdwatching with over 200 species of migratory and resident birds.
- Observe bald eagles, river otters, and Roosevelt elk, and explore the diverse plant life.
Coquille Point
- Watch spectacular sunsets and observe seabirds and harbor seals at the Coquille Point Interpretive Trail.
Cultural and Historical Sites
Washed Ashore Gallery: Art to Save The Sea
- A unique gallery featuring art made from marine debris to raise awareness about ocean pollution.
Bandon Historical Society Museum
- Learn about the area's Native American history, coal and gold mining, timber industry, and maritime history.
Local Favorites
Tony’s Crab Shack
- Enjoy fresh seafood and excellent customer service along Bandon’s famous boardwalk.
Bandon Fish Market & Chowder House
- Savor traditional fish and chips, local bay shrimp, and dungeness crab in Old Town Bandon.
Lord Bennett’s Restaurant and Lounge
- Experience a spacious yet intimate dining setting with spectacular views of the Pacific Ocean and fresh local seafood.
Insider Tips
Scenic Drives
- Drive the scenic Beach Road Loop for stunning coastal views and multiple viewpoints.
Outdoor Activities
- Go crabbing on the Coquille River, and explore the hiking trails and beaches at Bullards Beach State Park.
Local Events
- Attend the Circles in the Sand event for a unique meditative experience on the beach.
Dog-Friendly Activities
- Bandon is highly dog-friendly; consider visiting with your pets and exploring dog-friendly trails and beaches.
By sharing these attractions and tips, you can help your Airbnb guests make the most of their visit to Bandon, Oregon, and enjoy the full charm of this coastal town.
Practical Tips to Run a Successful Short-Term Rental Business in Bandon, Oregon
To ensure a successful and compliant short-term rental business in Bandon, Oregon, several key practices are essential. First, it is crucial to inform guests about noise regulations and quiet hours to avoid violations that could result in fines or the revocation of your business license. Include clear guidelines on noise levels in both your digital and physical house manual, which should also contain other vital instructions, such as Wi-Fi passwords and appliance usage.
Creating a comprehensive house manual helps set guest expectations and reduces the likelihood of issues. For a seamless check-in process, utilize smart locks to eliminate the need for physical key exchanges. Provide detailed parking instructions accompanied by photos to help guests navigate the property easily.
Additionally, maintaining a high standard of cleanliness and upkeep is vital, given the area's reputation for natural beauty and the resulting high guest expectations. Quick response times to inquiries and issues are also key, as many visitors may need extra assistance navigating the local area. By implementing these strategies, you can enhance guest satisfaction, comply with local regulations, and maximize your rental income.
Here is a brief list of house cleaning providers in Bandon, Oregon:
House Cleaning Providers in Bandon, OR
Peggy’s House Cleaning Services, LLC
- Specializes in vacation rental, second home, new construction, and remodel cleaning.
- Offers customized cleaning and setup services, including acting as a contact for out-of-town or out-of-state homeowners.
- Bonded, insured, and registered with the state of Oregon.
Other House Cleaning Services
- Various providers listed on Angi, including top-rated house cleaners with real reviews and ratings.
- Housekeeping providers listed on Care.com, with an average rate of $15.00 per hour.
- Cleaning ladies listed on Care.com, with an average experience of 3 years and an average rate of $17/hr.
- Professional house cleaners listed on Homeaglow, offering background-checked and affordable services starting from $19 for a 3-hour clean.
Note: The list does not include repair or maintenance providers specifically, as the sources primarily focus on cleaning services.
Short-Term Rental Management Fees in Bandon, Oregon: A Comprehensive Guide
Managing short-term rentals in Bandon, Oregon, involves a range of fees that can significantly impact your revenue. Typically, management fees for short-term rentals in Bandon range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle guest communication, marketing, booking management, and maintenance, usually charge fees starting at around 15% to 20% of the revenue.
On the other hand, basic or half-service management, which may only include services like cleaning and guest communication, can start as low as 10%. Additional fees may apply for services such as cleaning, repairs, or design and furnishing of the property. For instance, some companies charge a separate consumables fee to cover items like linens, toiletries, and light bulbs.
Understanding these fee structures is crucial for property owners to maximize their rental income while ensuring compliance with Bandon's local regulations, including business licenses, transient lodging taxes, and zoning restrictions.