Lake Oswego, OR Airbnb Market Data, Statistics, and Occupancy Rates

Lake Oswego Short-Term Rental Market Overview

Lake Oswego, OR, is an affluent Portland-area suburb where short-term rental investors face a compelling but selective landscape. With an average annual revenue of $33,249 across just 51 active Airbnb listings and an ADR of $243 — well below the Oregon state average of $383 — the market rewards operators who can differentiate through property quality and amenities. However, average home values near $1.45 million create a challenging revenue-to-price equation, making deal sourcing and property selection critical to achieving acceptable returns.

Key Market Statistics

According to Rabbu market data, the Lake Oswego short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Lake Oswego

Investors consider Lake Oswego for its proximity to Portland, upscale guest appeal, and above-average occupancy stability relative to the broader Oregon market.

Expert Market Assessment

"Lake Oswego presents a competitive opportunity — strong guest appeal and limited supply create genuine demand, but elevated home prices mean the revenue-to-price ratio sits below average. Seasonality is pronounced: August leads at $4,193 in average monthly revenue while April dips to just $1,920, so cash-flow planning around a roughly 2:1 peak-to-trough spread is essential. The market's above-average occupancy stability is a genuine bright spot, suggesting consistent traveler interest year-round even if booking volumes fluctuate. Investors who source properties at favorable price points and optimize for summer performance can find workable returns, though this is not a set-it-and-forget-it market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Lake Oswego

Average revenue by month in Lake Oswego

Lake Oswego's revenue cycle peaks sharply in summer, with August ($4,193) and July ($4,091) delivering roughly double the revenue of the softest month, April ($1,920). December ($2,881) provides a modest secondary bump, likely driven by holiday travel, while spring and fall revenues hover between $2,000 and $2,800.

Active Airbnb listings by property size in Lake Oswego

One-bedroom listings dominate the supply at 24 of 51 total properties, followed by 12 three-bedroom and just 6 four-bedroom listings. The absence of 2-bedroom listings in the data and the thin supply of larger homes could signal opportunity for investors willing to target mid-to-large properties where competition is lighter.

Average daily rate (ADR) by property size in Lake Oswego

ADR scales dramatically with size — 1-bedrooms average $126/night while 4-bedroom properties command $538/night, a 4.3x premium. Three-bedroom listings at $279/night represent a solid middle ground where the rate increase relative to 1-bedrooms is substantial but acquisition costs may be more manageable than for 4-bedroom homes.

Average RevPAN by property size in Lake Oswego

Revenue per available night climbs steadily with size, from $44 for 1-bedrooms to $105 for 3-bedrooms and $157 for 4-bedroom properties. Despite lower occupancy, 4-bedroom listings deliver the highest RevPAN by a wide margin, indicating that their pricing power more than compensates for fewer booked nights.

Average occupancy rates by property size in Lake Oswego

Three-bedroom properties lead occupancy at 38%, while 1-bedrooms sit at 35% and 4-bedrooms trail at 29%. The relatively narrow spread across sizes suggests demand is consistent regardless of configuration, though larger properties trade some booking frequency for significantly higher nightly rates.

Average monthly revenue by property size in Lake Oswego

Four-bedroom properties are the clear top earners at $6,887/month — nearly double the $3,543 that 3-bedrooms generate and almost four times the $1,848 from 1-bedroom listings. For investors prioritizing monthly cash flow, larger properties deliver outsized returns despite their lower occupancy rates.

Average annual revenue by property size in Lake Oswego

Annual revenue ranges from $22,182 for 1-bedroom listings to $82,648 for 4-bedroom properties, with 3-bedrooms earning $42,521. Given Lake Oswego's high home values, investors should weigh these annual figures against acquisition costs carefully — the 4-bedroom revenue figure is impressive but must be measured against the premium purchase price these properties typically command.

Most common amenities for Airbnb listings in Lake Oswego

Parking is universal at 100% of listings, reflecting suburban expectations, while kitchens (96%), washers (84%), and dryers (82%) round out the essentials. Workspace availability at 75% signals a market attuned to remote workers and business travelers, and lake access — offered by only 14% of listings — could be a powerful differentiator for properties that have it.

Understanding Lake Oswego's ROI Score: 44/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Lake Oswego's ROI Score of 44 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand is genuine but high property prices compress the revenue-to-price ratio below average. The above-average occupancy stability is a positive signal — guests consistently choose Lake Oswego, giving operators a reliable demand floor. Investors should pair this data with thorough local regulatory research and focus on properties where the acquisition price allows the market's solid RevPAN and summer peaks to translate into acceptable yield.

Short-Term Rental Regulations in Lake Oswego

Understanding local STR regulations is essential before investing in Lake Oswego. Here's the current regulatory landscape:

Permit Requirements

Operators in Lake Oswego, Oregon, should expect that short-term rental permits or business registration may be required by the city. Investors are strongly encouraged to verify current permit requirements directly with Lake Oswego's planning or community development department before purchasing a property.

Key Restrictions

Common restrictions in Oregon municipalities can include occupancy limits based on bedroom count, minimum stay requirements, noise ordinances, off-street parking mandates, and potential caps on the number of STR permits issued. HOA covenants are especially relevant in Lake Oswego's many planned communities and may impose additional limitations or outright bans on short-term rentals.

Tax Obligations

Short-term rental operators in Oregon are typically subject to state and local transient lodging taxes, and Multnomah County or Clackamas County tourism-related assessments may apply depending on the property's exact location. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm compliance with all applicable obligations.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lake Oswego can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, expect Lake Oswego's summer peak (July–August revenues topping $4,000/month) to remain the primary revenue driver, with moderate demand through the shoulder seasons. Listing growth has been notable at 112% year-over-year, which could increase competition and put mild downward pressure on occupancy unless demand keeps pace. ADR may see incremental gains of 2–4% as hosts refine pricing strategies for the area's upscale guest profile. Investors should plan conservatively around current occupancy levels of 33–38% and target properties that can capture premium nightly rates during peak months."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Lake Oswego, OR

What is the average Airbnb occupancy rate in Lake Oswego?

The average occupancy rate for Airbnb listings in Lake Oswego is currently 36%, which is slightly above the Oregon state average of 33%. Occupancy varies by property size, with 3-bedroom listings achieving the highest rate at 38%, while 4-bedroom properties sit lower at 29%. This suggests mid-sized properties tend to attract the most consistent bookings in this market.

How much do Airbnb hosts make in Lake Oswego?

Airbnb hosts in Lake Oswego earn an average of $2,770 per month, which translates to approximately $33,249 per year based on trailing 12-month performance. Earnings vary significantly by property size — 1-bedroom listings average around $22,182 annually, 3-bedrooms bring in roughly $42,521, and 4-bedroom properties lead at about $82,648 per year. Peak summer months can push monthly revenue above $4,000.

Is Lake Oswego a good market for Airbnb investment?

Lake Oswego earns a Rabbu ROI Score of 44 out of 100, classified as a 'Competitive Opportunity.' The market has above-average occupancy stability and steady demand, but elevated home values (averaging $1,449,242) create a below-average revenue-to-price ratio. Investors who can source properties at favorable prices and optimize for summer peak performance may find attractive returns, but selective deal sourcing is essential in this market.

What is the average daily rate (ADR) for Airbnb in Lake Oswego?

The average daily rate in Lake Oswego is $243, which is notably below the Oregon state average of $383. ADR scales significantly with property size: 1-bedroom listings average $126/night, 3-bedrooms average $279/night, and 4-bedroom properties command a premium at $538/night. This pricing structure means larger homes can capture substantially higher nightly revenue, though they also tend to have lower occupancy.

Are short-term rentals legal in Lake Oswego?

Short-term rentals operate in Lake Oswego, as evidenced by 51 active Airbnb listings currently in the market. However, local regulations including permits, zoning restrictions, and HOA rules may apply. Investors should verify all current short-term rental regulations directly with the City of Lake Oswego and any applicable homeowners associations before purchasing a property for STR use.

When is peak season for Airbnb in Lake Oswego?

Peak season in Lake Oswego runs through the summer months, with August generating the highest average monthly revenue at $4,193 and July close behind at $4,091. June also performs well at $3,109. The slowest months are April ($1,920), November ($2,076), and October ($2,080). This seasonal spread means summer months can produce nearly double the revenue of the quieter periods.

How many Airbnbs are there in Lake Oswego?

There are currently 51 active Airbnb listings in Lake Oswego as of April 2026. The supply is heavily concentrated among smaller properties, with 24 one-bedroom listings making up nearly half the market, followed by 12 three-bedroom and 6 four-bedroom properties. Year-over-year listing growth has been significant at 112%, so competition is increasing.

How is Airbnb revenue calculated in Lake Oswego?

The annual and monthly revenue figures for Lake Oswego are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks and slower periods. Individual results can vary based on property quality, pricing strategy, and how the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for Lake Oswego and surrounding areas
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue benchmarks based on trailing 12-month booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance and market conditions that may have changed since the reporting period. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before investing.