Terrebonne, OR Airbnb Market Data, Statistics, and Occupancy Rates

Terrebonne Short-Term Rental Market Overview

Terrebonne, OR is a small but growing short-term rental market nestled near Central Oregon's outdoor recreation corridor, with just 31 active Airbnb listings and average annual revenue of $39,758 per property. The market has seen significant supply growth at 122% year-over-year, signaling rising investor interest. With an average daily rate of $274 — below the Oregon state average of $383 — and average home values around $787,537, Terrebonne presents an accessible entry point for investors drawn to the region's natural appeal, though occupancy at 27% trails the state average and warrants careful analysis.

Key Market Statistics

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

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

Why Investors Consider Terrebonne

Investors are drawn to Terrebonne for its proximity to Central Oregon's outdoor recreation destinations and relatively low listing competition, creating potential for differentiated properties to capture outsized returns during peak travel months.

Expert Market Assessment

"Terrebonne earns a 59 out of 100 ROI score, placing it in the "Attractive Opportunity" tier — a market with genuine potential balanced by factors that require investor diligence. Seasonality is the defining feature here: August peaks at $6,832 in average monthly revenue while April dips to just $1,977, creating a more than 3x spread between the best and weakest months. The 27% average occupancy rate sits below Oregon's 33% state average, which partly reflects the seasonal nature of a recreation-driven destination rather than fundamental weakness. For investors who can manage cash flow through quieter winter months and capitalize on the summer rush, Terrebonne offers a compelling niche within Central Oregon's broader tourism economy."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Terrebonne

Average revenue by month in Terrebonne

Terrebonne's revenue curve is sharply seasonal, with August ($6,832) and July ($6,715) delivering more than three times the revenue of the slowest months like April ($1,977) and February ($2,031). Investors should expect roughly 40% of annual revenue to concentrate in the June–August window, making cash reserve planning for the off-season critical.

Active Airbnb listings by property size in Terrebonne

One-bedroom units make up the largest share of supply with 11 listings, followed by 9 two-bedrooms and just 6 three-bedroom properties. The relatively thin 3-bedroom inventory could represent an opportunity for investors, especially given the higher revenue potential of larger units in this market.

Average daily rate (ADR) by property size in Terrebonne

ADR nearly triples from 1-bedroom ($119) to 3-bedroom ($340) properties, reflecting strong group and family travel pricing power in this recreation-oriented market. The jump from 1-bedroom to 2-bedroom ($198) alone represents a 66% premium, suggesting even a modest size upgrade can meaningfully impact nightly rates.

Average RevPAN by property size in Terrebonne

Two-bedroom properties deliver the strongest RevPAN at $83, outperforming both 1-bedrooms ($32) and 3-bedrooms ($45) by a wide margin. Despite 3-bedrooms commanding the highest ADR, their low occupancy of 14% pulls RevPAN down significantly, making 2-bedrooms the most efficient revenue generators on a per-available-night basis.

Average occupancy rates by property size in Terrebonne

Occupancy varies dramatically by size: 2-bedroom listings lead at 42%, well above the market average, while 3-bedroom properties lag at just 14%. This gap means 2-bedroom investors can expect more consistent booking flow, whereas 3-bedroom operators will need to rely on fewer but higher-value reservations.

Average monthly revenue by property size in Terrebonne

Three-bedroom properties top monthly revenue at $4,829, followed by 2-bedrooms at $3,331 and 1-bedrooms at $1,282. However, the 2-bedroom category offers a compelling balance of revenue volume and occupancy consistency that may translate to more predictable cash flow for investors.

Average annual revenue by property size in Terrebonne

Annual revenue scales meaningfully with size: 3-bedroom properties generate $57,948, nearly four times the $15,394 earned by 1-bedroom listings, with 2-bedrooms landing at $39,980. For investors evaluating return potential against acquisition and operating costs, 2- and 3-bedroom properties offer the strongest revenue trajectories in this market.

Most common amenities for Airbnb listings in Terrebonne

Parking dominates at 94% prevalence, followed by self check-in (81%) and kitchen access (77%) — all of which are effectively table stakes in Terrebonne. Outdoor-oriented amenities like BBQ grills (74%), outdoor furniture (74%), and backyards (71%) signal that guests expect a nature-forward experience, while hot tubs (26%) and pet-friendliness (52%) represent differentiators that could help listings stand out.

Understanding Terrebonne's ROI Score: 59/100

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

Terrebonne's ROI score of 59 out of 100 places it in the "Attractive Opportunity" band, indicating a market with real potential tempered by factors that deserve attention. All four calculation factors — Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance — rate as "Average," suggesting a balanced but not yet standout market where disciplined investors can find value. Pairing these metrics with thorough research into Deschutes County regulations and a realistic seasonal revenue plan will be key to converting this opportunity into a solid return.

Short-Term Rental Regulations in Terrebonne

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

Permit Requirements

Short-term rental operators in Terrebonne should verify whether Deschutes County or the state of Oregon requires a permit, business license, or registration for STR activity. Local regulations can change quickly in growing markets, so checking directly with county planning offices before purchasing is strongly recommended.

Key Restrictions

Common restrictions in Oregon STR markets may include occupancy limits, noise ordinances, minimum stay requirements, parking regulations, and potential HOA restrictions that could limit rental activity. Investors should also be aware that some jurisdictions impose caps on the number of permits issued or restrict non-owner-occupied rentals in residential zones.

Tax Obligations

Oregon typically requires STR operators to collect and remit transient lodging taxes, and Deschutes County may impose its own local lodging tax on top of state obligations. Platforms like Airbnb often handle tax collection automatically, but hosts should confirm compliance with both state and county requirements to avoid penalties.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Terrebonne's STR market is expected to continue benefiting from strong summer demand, with July and August historically generating monthly revenues above $6,700. The rapid 122% growth in active listings suggests the market is still in a discovery phase, which could moderate occupancy rates if supply outpaces demand. Investors should anticipate occupancy settling in the 25–30% range annually, with ADR potentially holding steady or inching up 1–3% as operators refine pricing for peak season. Off-season revenue will likely remain modest, so budgeting for pronounced seasonality is essential."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Terrebonne, OR

What is the average Airbnb occupancy rate in Terrebonne?

The average occupancy rate for Airbnb listings in Terrebonne is currently 27%, which falls below the Oregon state average of 33%. Occupancy varies significantly by property size — 2-bedroom units lead at 42%, while 3-bedroom properties sit at just 14%. The lower overall rate reflects Terrebonne's strong seasonality, with summer months driving the bulk of bookings.

How much do Airbnb hosts make in Terrebonne?

Airbnb hosts in Terrebonne earn an average of $3,313 per month and approximately $39,758 per year based on trailing 12-month historical data. Earnings vary considerably by property size: 1-bedroom listings average $15,394 annually, 2-bedrooms bring in around $39,980, and 3-bedroom properties lead at $57,948 per year. Peak summer months like July and August can generate over $6,700 in a single month.

Is Terrebonne a good market for Airbnb investment?

Terrebonne scores 59 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from proximity to Central Oregon's outdoor recreation areas and a small competitive set of just 31 active listings. However, investors should plan for pronounced seasonality — summer months drive the majority of revenue — and an occupancy rate that currently sits below the state average. Larger properties, particularly 2-bedrooms, show the strongest occupancy and RevPAN metrics.

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

The average daily rate in Terrebonne is $274, which is below the Oregon state average of $383. ADR scales significantly with property size: 1-bedroom listings average $119 per night, 2-bedrooms come in at $198, and 3-bedroom properties command $340 per night. This pricing structure reflects the outdoor recreation market where larger group accommodations carry a premium.

Are short-term rentals legal in Terrebonne?

Short-term rentals operate in Terrebonne, but investors should verify current permit and licensing requirements with Deschutes County and the state of Oregon before purchasing a property. Regulations can evolve, particularly in growing markets, so consulting local planning departments and reviewing any HOA covenants is recommended to ensure full compliance.

When is peak season for Airbnb in Terrebonne?

Peak season in Terrebonne runs from June through August, with July and August being the strongest months at $6,715 and $6,832 in average monthly revenue, respectively. September marks a transition at $3,587, while the slowest months are February ($2,031) and April ($1,977). This pattern reflects the area's reliance on warm-weather outdoor recreation as a primary demand driver.

How many Airbnbs are there in Terrebonne?

There are currently 31 active Airbnb listings in Terrebonne as of April 2026. The supply breaks down into 11 one-bedroom, 9 two-bedroom, and 6 three-bedroom properties. Notably, the market has experienced 122% year-over-year growth in active listings, indicating significant new investor interest in the area.

How is Airbnb revenue calculated in Terrebonne?

The annual and monthly revenue figures for Terrebonne 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 roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

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 Terrebonne and surrounding areas
• Average daily rate, occupancy, and RevPAN trends broken down by property size
• Monthly and annual revenue metrics based on trailing 12-month historical booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to identify guest expectations

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and market conditions as of April 2026; actual results may vary based on property quality, pricing strategy, and management. Local regulations and tax requirements are subject to change; investors should verify current rules with Deschutes County and Oregon state authorities before purchasing.