Despite recent national trends of declining occupancy, the late fall season in Beaverton, Oregon is showing promising signs, with calendar occupancy pacing ahead of last year and stable average daily rates, indicating a potential return to pre-pandemic performance levels.
Thriving Short-Term Rental Market in Beaverton, Oregon
Beaverton, Oregon, is experiencing a robust and vibrant short-term rental market, driven by the city's growing appeal as a suburban alternative to Portland. The area's increasing demand, fueled by its expanding tech sector and attractive lifestyle, has led to notable performance in short-term rentals. While specific occupancy rates are not provided, the average monthly rents for short-term apartments range from $1,464 to $2,057, indicating a strong and lucrative market.
The city's strategic location, modern amenities, and family-friendly neighborhoods such as Central Beaverton, Five Oaks, and Aloha, are drawing in a steady stream of renters. This demand has resulted in a moderate but steady increase in rental prices, with average rents rising by approximately 4-6% over the past year. Overall, Beaverton's short-term rental market presents a promising opportunity for investors and a convenient, flexible housing solution for renters.
Short-Term Rental Regulations in Beaverton, Oregon for 2024
Current State of Regulations
As of 2024, Beaverton, Oregon, does not have specific regulations governing short-term rentals, but there are some key points and considerations:
Transient Lodging Taxes
- Short-term rental operators must pay transient lodging taxes (TLT) through the hosting platforms such as Airbnb or VRBO.
Permits and Licenses
- There are no specific licensing requirements or permits needed for operating short-term rentals in Beaverton. However, operators may need to obtain building, mechanical, plumbing, and/or electrical permits for new or remodeled properties.
Property Suitability
- Ensure the property meets the necessary criteria for short-term rentals, typically limited to residential properties.
Listing and Operation
- List the property on short-term rental platforms like Airbnb or VRBO, following the platform's guidelines and requirements.
Compliance with General Laws
- Operators must comply with all other applicable laws and regulations, even though there are no specific STR regulations.
Future Regulatory Development
- The city of Beaverton is currently considering developing regulations for short-term rentals, which may change the regulatory landscape in the future.
Summary of Key Points
- No Specific STR Licenses or Permits Required: As of now, no specific licenses or permits are needed for short-term rentals.
- Transient Lodging Taxes: Operators must pay TLT through hosting platforms.
- General Permits: Building, mechanical, plumbing, and/or electrical permits may be required for new or remodeled properties.
- Property Suitability: Properties must meet residential criteria.
- Platform Compliance: Follow the guidelines of the hosting platform.
- Future Regulations: The city is considering developing specific regulations for STRs.
Top Airbnb Revenue-Generating Neighborhoods in Beaverton, Oregon
1. Downtown Beaverton
- Appeal: Downtown Beaverton is highly appealing due to its central location, walking distance to restaurants, bars, shopping, the library, and the Saturday Market. The proximity to the Beaverton Transit Center MAX station, which provides direct access to downtown Portland, is a significant draw for guests.
2. Cedar Hills
- Appeal: Located near major shopping centers like Washington Square, Cedar Hills offers easy access to groceries, restaurants, and other amenities. Its central location makes it ideal for day trips to the Oregon coast, wine country, the Columbia Gorge, or Mount Hood National Forests.
3. Aloha
- Appeal: Aloha is attractive due to its family-friendly environment and convenient access to public transportation. Guests appreciate the neighborhood's quiet and safe atmosphere, along with its proximity to various local amenities and services.
4. Five Oaks
- Appeal: Five Oaks is popular for its suburban charm and easy access to highways, making it convenient for both business travelers and families. The neighborhood is close to Nike headquarters and other local attractions, enhancing its appeal.
5. South Beaverton
- Appeal: South Beaverton is favored for its balanced mix of residential areas and commercial zones. Guests like the neighborhood's accessibility to various amenities, including restaurants, grocery stores, and public transportation, while also enjoying a quieter suburban environment.
6. West Beaverton
- Appeal: West Beaverton is appealing due to its modern amenities and new developments. The area offers a range of family-friendly homes and apartments, with easy access to shopping centers, parks, and other community facilities.
7. Murrayhill/Southwest Neighbors
- Appeal: This neighborhood is known for its community-oriented atmosphere and well-maintained residential areas. Guests appreciate the local parks, walking trails, and the overall sense of safety and community, making it a desirable place to stay.
8. Vose
- Appeal: Vose is attractive for its mix of older and newer homes, offering a variety of accommodation options. The neighborhood's proximity to local schools, parks, and community centers adds to its appeal, especially for families and long-term guests.
These neighborhoods are highly rated on Airbnb due to their combination of central locations, access to amenities, and family-friendly environments, making them ideal for a wide range of guests.
Furnishing and Design Tips for an Inviting Airbnb in Beaverton, Oregon
Defining Your Property's Aesthetic
- Reflect Local Style: Beaverton, being close to Portland, can incorporate a mix of modern, rustic, and eclectic decor styles that reflect the region's natural beauty and unique culture.
Choosing the Right Furniture
- Opt for Timeless, Sturdy Pieces: Select furniture that is easy to clean and maintain. Choose solid beds, sofas with washable covers, and durable dining tables that can withstand wear and tear.
- Space-Saving Furniture: Use sofa beds, folding tables, and ottomans with hidden storage to maximize space and functionality.
Enhancing Functionality and Comfort
- Smart Storage Solutions: Incorporate beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized.
- Quality Bedding and Linens: Use high-quality, easy-to-clean bedding and linens. Opt for memory foam mattresses and white linens for a hotel-like feel.
Creating an Inviting Atmosphere
- Use Mirrors: Install full-length mirrors to make the space feel bigger and brighter. Ensure there is a power socket nearby for hair dryers and straighteners.
- Add Decorative Accents: Incorporate local art, crafts, and decorative accents that celebrate the community's culture. Neutral palettes with splashes of color can add charm and create a calm retreat.
Catering to Guest Needs
- Modern Amenities: Provide modern kitchens, high-speed internet, and outdoor spaces for relaxation. These amenities are particularly valued by both leisure travelers and business professionals.
- Accessibility and Convenience: Ensure your Airbnb is accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms. Offer essentials like hair dryers, basic toiletries, and a first-aid kit.
Timing and Maintenance
- Update During Off-Season: Plan furniture updates during the off-season or short gaps between bookings to minimize disruption and keep the property in top shape for guests.
- Involve Your Cleaning Crew: Inform your cleaning crew about new furniture or layout changes to ensure they can maintain the property effectively.
Neighborhood and Local Appeal
- Highlight Local Attractions: Emphasize the proximity to local attractions, such as parks, recreational areas, and cultural events, to attract guests looking for an authentic experience.
By following these tips, you can create an inviting Airbnb space in Beaverton, Oregon, that reflects the city's unique style and caters to the diverse needs of your guests.
Discover Beaverton, Oregon: Local Attractions and Insider Tips
Outdoor Activities
- Tualatin Hills Nature Park:
- A 222-acre wildlife preserve with over 5 miles of walking trails, ideal for bird-watching, photography, and peaceful strolls.
Tip: Perfect for families or those seeking a tranquil retreat from the urban bustle.
Cooper Mountain Nature Park:
- Offers breathtaking views and serene hiking trails through prairies, oak woodlands, and conifer forests.
Tip: Combine your visit with a wine tasting at nearby Cooper Mountain Vineyards.
Fanno Creek Trail:
- A family-friendly bike trail along Fanno Creek, suitable for cyclists of all ages and skill levels.
Tip: Keep an eye out for local wildlife during your ride.
Conestoga Recreation & Aquatic Center:
- A great spot for splashy fun, picnics, and playdates with a large playground and aquatic facilities.
- Tip: Ideal for letting kids burn off energy.
Cultural and Community Experiences
- Beaverton Farmers Market:
- A hub of local produce, crafts, and food stalls, perfect for a fun and vibrant family outing.
Tip: Try local produce and artisan foods, and enjoy the community atmosphere.
Beaverton Arts Mix:
- An annual event showcasing local artists, a great opportunity to immerse yourself in the local culture.
Tip: Look for unique pieces to decorate your home or as souvenirs.
Patricia Reser Center for the Arts:
- A newly opened performing arts center with a variety of performances, from music to theater.
- Tip: Check the schedule for upcoming events during your stay.
Dining and Shopping
- Historic Downtown Beaverton:
- Home to over 60 restaurants within walking distance of the Beaverton Central MAX station, including authentic Korean eateries and Italian restaurants like decarli and Nak Won.
Tip: Explore the variety of international cuisines and visit BG’s Food Cartel, Beaverton’s first food cart pod.
U-pick Farms and Farm Stores:
- Visit during the summer harvest season to enjoy fresh produce and local farm products.
- Tip: A great way to experience the agricultural side of Beaverton.
Family-Friendly Activities
- Cedar Hills Park:
- A recently renovated playground designed to spark creative play, with ample space for children to climb, stroll, run, and glide.
Tip: An enchanting haven for younger kids.
THPRD’s Recreation Centers:
- Modern facilities offering swimming, tennis, classes, and workshops for both kids and adults.
- Tip: A great place to stay active and engaged during your visit.
Seasonal Events
- Seasonal Festivities:
- Enjoy summer concerts, festivals, and holiday parades throughout the year.
- Tip: Check local event calendars to catch these festive events.
By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Beaverton, Oregon.
Practical Tips to Run a Successful Short Term Rental Business in Beaverton, Oregon
To ensure a smooth and profitable short-term rental business in Beaverton, Oregon, several key practices can make a significant difference. Here are some practical tips:
Noise Regulations and Quiet Hours
Inform your guests about noise regulations and quiet hours to maintain a peaceful environment for both the guests and the neighbors. Clearly outline these rules in your house manual and communicate them through pre-arrival messages to avoid any misunderstandings.
Creating a Comprehensive House Manual
Develop both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also cover house rules, including noise regulations, to ensure guests are well-informed and respectful of the property.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, along with photos of the lock and any other relevant features. Additionally, include parking instructions with photos to help guests navigate the property easily.
By implementing these strategies, you can enhance guest satisfaction, reduce potential issues, and maintain a positive reputation for your short-term rental business in Beaverton, Oregon. These measures not only ensure compliance with local regulations but also contribute to a more enjoyable and hassle-free experience for your guests.
Here is a brief list of house cleaning providers in Beaverton, Oregon:
House Cleaning Services in Beaverton, OR
The Maids
- Provides maid services in Beaverton, Portland, Lake Oswego, and Hillsboro.
- Uses a 22-Step Cleaning Process and environmentally preferred products.
- Offers services including move-in cleaning, seasonal cleaning, and same-day cleaning if available.
- Contact: (971) 770-3713.
Merry Maids of West Portland
- Offers cleaning services for homes in Hillsboro, Beaverton, and West Portland.
- Backed by 40 years of industry experience.
- Provides free estimates.
- Contact: Through their website.
Amazing Maids
- Provides exceptional house cleaning and maid services.
- Located at 9640 SW Sunshine Ct Ste 100, Beaverton, OR 97005.
- Contact: +1 503 925 8103, hello@amazingmaids.com.
Clean Arrival LLC
- Founded in June 2017 in Beaverton, Oregon.
- Offers full-service professional cleaning for houses and apartments at a flat rate.
- Services include kitchens, bathrooms, bedrooms, and more.
- Provides deep cleaning and recurring cleaning services on a weekly, biweekly, or monthly basis.
- Contact: 503-567-5404, through their website or Facebook.
Various Local House Cleaning Services
- There are also 76 other local house cleaning services listed in Beaverton, OR, with an average rate of $23/hr and an average experience of 3 years.
- Rated 4.2 out of 5 stars based on 27 reviews.
Beaverton, Oregon Short-Term Rental Management Fees: A Comprehensive Overview
In Beaverton, Oregon, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, professional marketing, and maintenance, tends to be on the higher end of this spectrum. This comprehensive approach ensures that all aspects of the rental property are managed efficiently, but it comes with a corresponding higher fee.
On the other hand, basic services that may only include rent collection, tenant screening, and minimal maintenance can cost less. Additionally, property owners may incur extra fees for services such as cleaning, repairs, or design enhancements. Companies like NJW Property Management, The Alpine Group, and PURE Property Management offer various tiers of service, each with its own set of fees and included services, allowing owners to choose the level of management that best fits their needs and budget.