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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Redmond presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Redmond, OR sits in the heart of Central Oregon's outdoor recreation corridor, drawing visitors year-round to nearby skiing, hiking, and high-desert adventures. With 178 active Airbnb listings and an average annual revenue of $28,019, the market shows clear seasonal strength — particularly in summer — though a 26% average occupancy rate and home values around $705,728 mean investors need to be strategic about property selection and pricing. An 84% year-over-year growth in active listings signals rising investor interest, making deal sourcing and differentiation increasingly important.
According to Rabbu market data, the Redmond short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 178 |
| Average Daily Rate (ADR) | vs. $383 state avg. | $185 |
| Average Occupancy Rate | vs. 33% state avg. | 26% |
| RevPAN | ADR * Occupancy Rate | $49 |
| Average Monthly Revenue | Historical 12-month average | $2,334 |
| Average Annual Revenue | Historical 12-month average | $28,019 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Redmond attracts investor attention thanks to Central Oregon's strong tourism appeal and growing year-round demand drivers, though higher property costs and expanding supply require careful underwriting.
Key investment factors
"Redmond presents a competitive but uneven opportunity for STR investors. The market's pronounced seasonality — with peak months generating more than three times the revenue of winter lows — means cash-flow planning is essential, and investors should budget for leaner periods from November through April. A below-average revenue-to-price ratio and growing supply signal that not every deal will pencil out, but above-average market growth and the region's enduring appeal to outdoor enthusiasts provide a solid demand foundation. Selective investors who target larger, amenity-rich properties and optimize for summer performance can find meaningful returns here."
— Rabbu Market Analysis Team
Redmond's revenue cycle is sharply seasonal: August leads at $4,817 and July follows at $4,732, while the slowest months — February ($1,430) and November ($1,416) — deliver roughly 70% less. This roughly 3.4x spread between peak and trough months means investors should plan for significant cash-flow variation and consider pricing strategies that maximize summer capture.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,436 |
| February |
|
$1,430 |
| March |
|
$1,735 |
| April |
|
$1,393 |
| May |
|
$1,877 |
| June |
|
$2,970 |
| July |
|
$4,732 |
| August |
|
$4,817 |
| September |
|
$2,528 |
| October |
|
$1,696 |
| November |
|
$1,416 |
| December |
|
$1,984 |
Three-bedroom properties dominate supply with 70 of 178 listings (39%), followed by 2-bedrooms at 43. Studios (6) and 5-bedroom homes (7) are the most underrepresented, which could present differentiation opportunities for investors willing to target less crowded segments — particularly 5-bedrooms given their strong revenue performance.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
6 |
| 1 bedroom |
|
26 |
| 2 bedrooms |
|
43 |
| 3 bedrooms |
|
70 |
| 4 bedrooms |
|
23 |
| 5 bedrooms |
|
7 |
ADR climbs steeply with bedroom count, from $86 for studios to $355 for 5-bedroom properties — a 4x premium. The jump from 3 bedrooms ($174) to 4 bedrooms ($305) is especially notable, suggesting a significant pricing tier increase that larger group-oriented properties can command.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$86 |
| 1 bedroom |
|
$110 |
| 2 bedrooms |
|
$147 |
| 3 bedrooms |
|
$174 |
| 4 bedrooms |
|
$305 |
| 5 bedrooms |
|
$355 |
Five-bedroom listings lead RevPAN at $97, nearly double the 3-bedroom figure of $46, indicating that larger properties earn more per available night even after accounting for occupancy. Interestingly, studios also perform well at $52 RevPAN thanks to their 61% occupancy rate, while 1-bedrooms lag at just $29.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$52 |
| 1 bedroom |
|
$29 |
| 2 bedrooms |
|
$34 |
| 3 bedrooms |
|
$46 |
| 4 bedrooms |
|
$64 |
| 5 bedrooms |
|
$97 |
Studios stand out with a 61% occupancy rate — more than double any other property size in Redmond. The remaining categories cluster between 21% and 28%, with 4-bedrooms at the low end (21%) and 5-bedrooms at 28%, suggesting that consistent bookings are hardest to secure for mid-to-large properties outside of peak season.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
61% |
| 1 bedroom |
|
27% |
| 2 bedrooms |
|
23% |
| 3 bedrooms |
|
27% |
| 4 bedrooms |
|
21% |
| 5 bedrooms |
|
28% |
Monthly revenue scales predictably with size: 5-bedroom properties lead at $4,902 per month, followed by 4-bedrooms at $3,218, while 1-bedroom units bring in just $1,295. The gap between 3-bedrooms ($2,396) and 4-bedrooms ($3,218) represents a meaningful $822 monthly step-up that may justify the added acquisition cost for investors.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$1,517 |
| 1 bedroom |
|
$1,295 |
| 2 bedrooms |
|
$2,192 |
| 3 bedrooms |
|
$2,396 |
| 4 bedrooms |
|
$3,218 |
| 5 bedrooms |
|
$4,902 |
Five-bedroom properties generate the highest annual revenue at $58,833 — more than double the 3-bedroom average of $28,753 and nearly four times the 1-bedroom figure of $15,542. For investors evaluating return potential against Redmond's $705,728 average home value, larger configurations offer substantially stronger gross revenue, though acquisition and operating costs rise accordingly.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$18,207 |
| 1 bedroom |
|
$15,542 |
| 2 bedrooms |
|
$26,310 |
| 3 bedrooms |
|
$28,753 |
| 4 bedrooms |
|
$38,620 |
| 5 bedrooms |
|
$58,833 |
Parking (99%), kitchen (96%), and laundry (93% washer, 90% dryer) are essentially table stakes in Redmond's market. Differentiators like hot tubs (57%), pools (44%), and pet-friendliness (38%) are less universal, suggesting that adding these amenities could help a listing stand out — especially hot tubs, which align well with Central Oregon's outdoor lifestyle appeal.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
99% |
| Kitchen |
|
96% |
| Washer |
|
93% |
| Dryer |
|
90% |
| Self Check-in |
|
87% |
| BBQ Grill |
|
77% |
| Workspace |
|
73% |
| Patio or Balcony |
|
72% |
| Outdoor Furniture |
|
67% |
| Hot Tub |
|
57% |
| Backyard |
|
47% |
| Pool |
|
44% |
| Pets |
|
38% |
| Gym |
|
34% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Redmond Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Below average | 15% |
Redmond's ROI Score of 47 out of 100 places it in the Competitive Opportunity tier, reflecting a market where demand is real but returns require careful execution. The below-average revenue-to-price ratio is the primary drag, as $705,728 average home values paired with $28,019 in annual revenue create a tight margin — while above-average market growth and average occupancy stability offer some upside potential. Investors should pair this data with thorough local regulatory research and focus on property types (particularly 4–5 bedrooms) that generate outsized revenue relative to the market average.
Understanding local STR regulations is essential before investing in Redmond. Here's the current regulatory landscape:
The City of Redmond and Deschutes County in Oregon may require short-term rental operators to obtain permits or register their property before listing. Investors should verify current requirements directly with the City of Redmond's planning department and Deschutes County, as regulations in Central Oregon communities have been evolving.
Common STR restrictions in Oregon municipalities can include occupancy limits tied to bedroom count, minimum stay requirements, noise and parking rules, and caps on the number of permits issued in certain zones. HOA covenants may impose additional limitations, so investors should review any applicable CC&Rs before purchasing.
Oregon requires short-term rental operators to collect and remit transient lodging taxes, and Deschutes County may levy an additional local lodging tax on top of the state obligation. Many booking platforms handle tax collection automatically, but hosts should confirm their specific obligations with the Oregon Department of Revenue and local tax authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Redmond can provide current regulatory guidance.
Financing an Airbnb investment in Redmond requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Redmond's STR market is likely to see continued supply growth given the 84% jump in active listings, which could put downward pressure on occupancy unless demand keeps pace. Summer months should remain the revenue anchor, with July and August historically delivering $4,700–$4,800 per listing — roughly three times the shoulder-season average. We estimate ADR could hold steady or see modest 1–3% increases for well-positioned properties, while occupancy may settle in the 24–28% range market-wide as the supply base matures. Investors who target larger properties (4–5 bedrooms) and lean into peak-season optimization stand the best chance of outperforming the market average."
— Rabbu Market Analysis Team
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.
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 as of the dates noted; actual results may differ due to seasonality, regulatory changes, or market shifts. Local STR regulations evolve frequently — investors should verify current permit requirements and restrictions with Redmond and Deschutes County authorities before purchasing.
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