In Gresham, Oregon, short-term rentals are performing well, with an average 49% occupancy rate, a daily rate of $179, and a monthly revenue of $15,851, indicating a robust and lucrative market for hosts and investors.
Thriving Short-Term Rentals in Gresham, Oregon
Gresham, Oregon is experiencing a robust performance in its short-term rental market, making it an attractive destination for both hosts and guests. According to recent data, short-term rentals in Gresham boast an impressive average occupancy rate of 49%, indicating a high demand for these properties. The average daily rate for these rentals stands at $179, contributing to a substantial monthly revenue of $15,851. This strong performance is further underscored by a growth in active listings, with a 3% increase over the past year. With a dominant presence of entire home rentals (80%) and a wide range of amenities such as internet, wireless internet, parking, air conditioning, and heating, Gresham's short-term rental market is poised for continued success.
Short-Term Rental Regulations in Gresham, Oregon for 2024
Registration and Licensing
- Registration Requirement: Short-term rental operators must obtain a registration certificate within 15 days of operation. Each location requires a separate registration certificate.
- Registration Validity: The registration is valid for one year and must be renewed annually to continue renting.
Tax Obligations
- Transient Lodging Tax: Operators are subject to transient lodging tax and must file a tax return and make quarterly tax payments for any quarter with taxable rents.
Inspection and Compliance
- Initial Inspection: Upon registration, the property will undergo an initial inspection. If the inspection is not approved, a re-inspection must be scheduled and paid for.
- Self-Certified Checklist: Operators can perform their own inspection using a self-certified checklist to ensure the property meets the requirements.
Documentation and Contacts
- Required Documents: Proof of ownership, liability insurance policy information (covering guests at $1 million), and contact information for primary and secondary contacts.
- Good Neighbor Guidelines: Operators must post the good neighbor guidelines and include the registration number in the advertisement.
Operational Requirements
- Type of Rentals: Short-term rentals are classified into hosted homeshare (owner-occupied) and non-owner-occupied homes, each requiring separate registration certificates.
- Special Use Review: Short-term rentals in residential districts are subject to a special use review.
Notifications and Public Posting
- Registration Certificate Posting: The registration certificate must be printed and posted at the property.
- Neighbor Notification: The City will notify neighboring properties within 100 feet of the short-term rental.
Compliance and Enforcement
- Compliance with City Code: Operators must comply with the city's regulations, including fire, health, and life safety standards. The City will respond to complaints regarding physical safety, nuisance issues, or other concerns related to City code.
- Penalties for Non-Compliance: Failure to comply with regulations can result in fines, inspection fees, and potential revocation of the registration certificate.
Top Airbnb Revenue-Generating Neighborhoods in Gresham, Oregon
While the specific neighborhoods generating the most Airbnb revenue in Gresham, Oregon, are not explicitly listed in the provided sources, we can infer some of the most appealing areas based on the types of rentals and their popularity.
1. Downtown Gresham
- Appeal: Proximity to local shops, restaurants, and community events. Guests appreciate the convenience of being in the heart of the city.
- Popularity: Central locations are often highly rated for their accessibility and amenities.
2. Historic Downtown Area
- Appeal: Charm of historic buildings, walking distance to parks, and a vibrant community atmosphere.
- Popularity: Guests enjoy the unique character and local charm of historic areas.
3. Neighborhoods Near Mt. Hood Community College
- Appeal: Convenient access to educational facilities, nearby parks, and family-friendly environments.
- Popularity: These areas are often preferred for their quiet, residential atmosphere and accessibility to local amenities.
4. Areas Along the MAX Light Rail Line
- Appeal: Easy access to public transportation, connecting guests to Portland and other surrounding areas.
- Popularity: Guests value the convenience of public transit for exploring the broader region.
5. Wood Village and Troutdale
- Appeal: These adjacent areas offer a mix of suburban tranquility and proximity to Gresham’s amenities. They are also close to the Columbia River Gorge.
- Popularity: Guests like the balance between quiet residential areas and easy access to natural attractions and city facilities.
These neighborhoods are likely to generate significant Airbnb revenue due to their desirable locations, amenities, and the overall appeal to a variety of guests.
Furnishing and Design Tips for an Inviting Airbnb in Gresham, Oregon
Defining Your Property's Aesthetic
- Reflect Local Style: Incorporate elements that reflect Gresham's unique blend of suburban charm and natural beauty. Consider rustic farmhouse aesthetics, cozy bohemian designs, or clean modern looks that incorporate local materials.
Functional and Comfortable Spaces
- Measure and Layout: Measure your rooms and plan the layout to ensure ample space to move around and to avoid blocking natural light sources. Opt for a layout that promotes comfort and functionality.
- Smart Storage: Use beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to maximize storage and keep the space tidy.
Furniture Selection
- Durable and Easy to Clean: Choose solid beds with at least 8-inch thick mattresses, preferably memory foam for durability. Select sofas with washable covers and avoid real or faux leather.
- Space-Saving Furniture: Opt for versatile pieces like sofa beds, folding tables, or ottomans with hidden storage compartments to adapt to different guest needs.
Guest Amenities
- Essential Items: Stock up on basic toiletries, a first aid kit, and kitchen essentials like a coffee maker, microwave, toaster, and kettle. Include items like a cutting board, measuring cups, and a corkscrew.
- High-Speed Internet and Smart Technology: Ensure high-speed internet and consider adding smart home features like keyless entry and smart thermostats to enhance guest convenience.
Decor and Lighting
- Neutral Color Palette: Use a neutral color palette for walls and large furniture pieces to create a relaxed atmosphere. Avoid bold colors that may not appeal to all guests.
- Local Touches: Incorporate artwork, decorative items, or guidebooks that reflect the local culture and history of Gresham.
- Lighting Fixtures: Choose lighting fixtures that are warm and inviting, avoiding those that resemble office lighting. Use table lamps and scented candles to enhance the ambiance.
Personal Touches and Clutter-Free Space
- Minimal Personal Items: Avoid leaving personal photos, clothes, or overpacked bookshelves. Keep the space clutter-free to make guests feel welcome rather than intrusive.
- Games and Entertainment: Leave some games, cards, and informative books to keep guests entertained, especially during bad weather.
Accessibility and Safety
- Accessibility Features: Consider making your Airbnb accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.
- Safety Equipment: Install smoke detectors, carbon monoxide detectors, and provide a first aid kit.
Outdoor and Additional Amenities
- Outdoor Spaces: If applicable, create inviting outdoor spaces for relaxation and ensure convenient access to nature trails and local attractions.
- Pet-Friendly: Consider adding pet-friendly amenities for guests traveling with animals.
Maintenance and Protection
- High-Quality Materials: Use heavy-duty materials for rugs and other furnishings to ensure they can withstand wear and tear. Opt for white linens and towels that can be easily bleached.
- Cleaning and Storage: Store cleaning equipment in a designated area and ensure guests have easy access to cleaning supplies if needed.
Discover Gresham, Oregon: Local Attractions and Insider Tips
Local Attractions
Historic Sites and Museums
- Gresham Historical Society: Explore the city's rich history through preserved artifacts and monthly tours of the historic house.
- Louise Home Hospital and Residence Hall: A historic site now serving as a social services facility.
- Jacob Zimmerman House: A farmhouse built by German-American settlers in 1874.
- Gresham Carnegie Library: Established in 1913 with a grant from the Andrew Carnegie library fund.
Parks and Gardens
- Tsuru Island (Gresham Japanese Garden): A serene Japanese garden dedicated to Nisei, featuring a wooden bridge, acer maples, and a raked sand Zen garden. Open daily from sunrise to sunset.
- Main City Park: Located near downtown Gresham, this park is home to various public art projects and the Gresham Japanese Garden.
- Hogan Butte Nature Park: Offers scenic views and hiking trails.
Arts and Culture
- Gresham Outdoor Public Art: Discover nearly two dozen public art projects scattered throughout historic Downtown Gresham.
- Mt. Hood Theatre: A one-auditorium movie house built in 1950 with a large screen and updated amenities. Enjoy affordable concessions and a drive-up window.
Recreation and Trails
- Springwater Corridor: An auto-free, 40-mile paved path linking Gresham to surrounding metro areas.
- Gresham–Fairview Trail: A trail connecting Gresham and Fairview, ideal for biking and walking.
- Kelly Creek Greenway Trail: Part of the extensive trail network in Gresham.
Food and Drink
- Gresham Food Carts: A sprawling pod with over a dozen food and drink vendors, offering a variety of local cuisine and beverages.
- Gresham Farmers’ Market: Held monthly from May through October, featuring local produce, honey, ciders, and handmade goods.
Insider Tips
Getting Around
- TriMet's MAX Light Rail Blue Line: Conveniently connects Gresham to Portland with multiple stations within the city.
- TriMet Bus System: Extensive bus network for easy travel within and around Gresham.
- Sandy Area Metro Shuttle: A fareless shuttle bus to Sandy, Oregon.
Community Events
- Mt. Hood Jazz Festival: A renowned festival that takes place in Gresham, showcasing local and regional jazz talent.
- Monthly Bonsai Classes at Tsuru Island: Participate in workshops and performances at the Gresham Japanese Garden.
Local Favorites
- Ebetsu Plaza: Visit the engraved pavers, cherry blossom trees, sculptures, and pollinator garden near the Gresham Japanese Garden.
- Gresham Children's Fountain: A fun spot for families to enjoy during warmer months.
By sharing these attractions and insider tips, you can help your guests make the most of their visit to Gresham, Oregon, and experience the city's unique blend of history, culture, and natural beauty.
Practical Tips to Run a Successful Short-Term Rental Business in Gresham, Oregon
To ensure a smooth and successful short-term rental business in Gresham, Oregon, several practical tips can be implemented:
Noise Regulations and Guest Communication
Inform your guests about quiet hours and noise regulations to maintain a good neighborly relationship. Include clear guidelines in your digital and physical house manual, and consider posting reminders in the rental property.
Comprehensive House Manual
Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should cover everything from appliance usage to emergency contact details, ensuring guests have all the information they need at their fingertips.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique access code and detailed instructions on how to enter the property. This not only enhances convenience but also improves security.
Clear Parking Instructions
Include parking instructions with photos in your house manual to avoid any confusion. This is particularly important if the property has specific parking rules or limited parking spaces. Clear instructions will help prevent issues and ensure a hassle-free stay for your guests.
By following these tips, you can enhance the guest experience, reduce potential issues, and maintain compliance with local regulations, ultimately contributing to the success of your short-term rental business in Gresham, Oregon.
Here is a brief list of house cleaning services in Gresham, Oregon:
House Cleaning Services in Gresham, OR
The Cleaning Authority - Vancouver
- Offers house cleaning services including deep cleaning, detailed cleaning, and regular maintenance.
- Uses eco-friendly cleaning chemicals, microfiber clothes, EPA-registered disinfectant, and HEPA vacuums.
Maid Brigade
- Provides house cleaning and disinfection services using their exclusive PUREcleaning® system with electrolyzed water.
- Serves the Portland area, including Gresham, and focuses on creating a healthier environment.
Homeaglow
- Offers professional and affordable house cleaning services with background-checked cleaners.
- Initial 3-hour clean starts at $19.
Various Providers Listed on Care.com and Thumbtack
- Care.com lists multiple affordable house cleaning options in Gresham, with rates starting at $23.73/hr.
- Thumbtack provides a list of the top-rated house cleaning services in Gresham, as rated by the local community.
These services do not include repair or maintenance providers, as the sources primarily focus on cleaning services.
Short-Term Rental Management Fees in Gresham, Oregon: A Range of 10%-30% of Rental Revenue
In Gresham, Oregon, the fees for managing short-term rentals 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 comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the rental income.
On the other hand, basic services or a la carte options may incur lower fees, potentially starting at around 10% to 15% of the rental revenue. Additional costs may also apply for services like cleaning, repairs, or design, which can further impact the overall management fee. It is essential for property owners to carefully evaluate the services included and the associated costs to ensure they align with their needs and budget.