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

Welches Short-Term Rental Market Overview

Welches, OR sits at the doorstep of Mount Hood, drawing a steady mix of ski-season visitors and summer vacationers to its 109 active Airbnb listings. With an average daily rate of $261 — well below Oregon's $383 state average — and occupancy at 37% (outpacing the 33% state figure), the market offers an accessible entry point for investors seeking mountain-recreation exposure. Annual revenue averages $35,482 per listing, and a 56/100 ROI score signals attractive but not runaway returns, making Welches a market worth serious consideration for the right property type.

Key Market Statistics

According to Rabbu market data, the Welches 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 Welches

Welches appeals to investors who want mountain-resort rental income at property prices and nightly rates below Oregon's statewide averages, with clear seasonal demand peaks that reward well-positioned listings.

Expert Market Assessment

"Welches represents a moderately attractive opportunity for STR investors, particularly those targeting 3- to 4-bedroom cabin-style properties that capitalize on family and group travel. Revenue is clearly seasonal — August peaks at $4,474 per listing while April dips to $2,052 — so investors should plan for meaningful cash-flow swings through the year. The rapid 108% year-over-year listing growth warrants caution on the supply side, though occupancy has remained above the state average, suggesting demand is keeping pace for now. Overall, this is a market that rewards strategic property selection and amenity investment more than passive ownership."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Welches

Average revenue by month in Welches

Revenue in Welches follows a pronounced seasonal curve, peaking in August at $4,474 and bottoming in April at $2,052 — a spread of more than 2x. A secondary winter uptick in December ($3,076) reflects ski-season demand near Mount Hood, giving investors two distinct booking windows to build around.

Active Airbnb listings by property size in Welches

Three-bedroom listings dominate the Welches market with 41 of 109 active properties, while 5-bedroom homes are the scarcest at just 6 listings. The relatively thin supply of larger 4- and 5-bedroom units may represent an opportunity for investors, given that those sizes command the highest revenue.

Average daily rate (ADR) by property size in Welches

ADR in Welches scales consistently from $151 for 1-bedroom units to $467 for 5-bedroom properties, with each additional bedroom adding roughly $75–$100 to the nightly rate. The sharpest jump occurs between 3-bedroom ($260) and 4-bedroom ($364) listings, suggesting a strong group-travel premium for larger cabins.

Average RevPAN by property size in Welches

Revenue per available night climbs steadily with property size, from $38 for 1-bedroom units to $159 for 5-bedroom homes, indicating that larger properties generate more revenue even after factoring in their lower occupancy rates. The jump from 3-bedroom ($109) to 4-bedroom ($131) and 5-bedroom ($159) RevPAN is especially notable for investors weighing property size against returns.

Average occupancy rates by property size in Welches

Three-bedroom properties lead occupancy at 42%, followed by 2-bedrooms at 39%, while 1-bedroom units trail significantly at just 25%. Larger 4- and 5-bedroom homes occupy a middle tier (34–36%), suggesting that mid-size properties offer the most consistent booking cadence in this mountain market.

Average monthly revenue by property size in Welches

Four-bedroom listings top monthly revenue at $4,202, closely followed by 5-bedroom properties at $4,040 — a surprisingly narrow gap that may reflect the occupancy challenges larger homes face. One-bedroom units earn just $1,580 per month, making them roughly 2.5x less productive than the highest-earning size category.

Average annual revenue by property size in Welches

Annual revenue scales sharply with size: 4-bedroom properties lead at $50,425 per year, nearly 2.7x what a 1-bedroom listing earns ($18,963). Five-bedroom homes come in slightly lower at $48,484, suggesting that the 4-bedroom configuration may offer the best balance of nightly rate, occupancy, and total annual return in Welches.

Most common amenities for Airbnb listings in Welches

Kitchen (99%), self check-in (96%), and parking (95%) are near-universal in Welches, reflecting the self-sufficient cabin-stay expectations of mountain visitors. Hot tubs (57%) and pet-friendliness (59%) are present in over half of listings, signaling that these amenities have become competitive table stakes rather than luxury differentiators — investors lacking them may face a booking disadvantage.

Understanding Welches's ROI Score: 56/100

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

Welches earns a 56 out of 100 on Rabbu's ROI Score, landing in the "Attractive Opportunity" band — indicating meaningful upside tempered by some market-level headwinds. Revenue-to-price ratio and occupancy stability both rate as average, while the supply/demand balance scores below average, likely reflecting the 108% year-over-year growth in active listings outpacing demand gains. Investors should pair this score with on-the-ground regulatory research and a focus on property types (particularly 3- and 4-bedroom cabins) that have historically outperformed the market average.

Short-Term Rental Regulations in Welches

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

Permit Requirements

Short-term rental operators in Welches and Clackamas County, Oregon, should verify whether a local business license, STR permit, or registration is required before listing a property. Investors are encouraged to consult the Clackamas County planning department and the State of Oregon for the latest requirements.

Key Restrictions

Common restrictions in Oregon mountain communities can include occupancy limits tied to bedrooms, minimum-stay requirements during certain seasons, noise and parking rules, and potential HOA-level prohibitions on short-term rentals. It's important to review any CC&Rs or neighborhood-specific covenants before purchasing, as some resort-area subdivisions impose their own STR caps.

Tax Obligations

Oregon requires collection of a state transient lodging tax, and Clackamas County may impose additional local lodging taxes on short-term stays. Many platforms like Airbnb collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Oregon Department of Revenue.

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

Future Outlook & Long-Term Forecast

"Seasonal demand patterns suggest Welches will continue to see its strongest bookings from June through August, with a secondary winter bump in December and January driven by proximity to ski resorts. Over the next 12–18 months, we estimate ADR could edge up 1–3% as larger cabin-style properties continue to command premiums, while occupancy is likely to hold in the 35–40% range market-wide. Supply growth has been notable — active listings are up 108% year-over-year — so investors should watch for saturation effects, particularly among smaller units. Properties that differentiate with amenities like hot tubs and pet-friendliness should fare best in maintaining bookings."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Welches, OR

What is the average Airbnb occupancy rate in Welches?

The average Airbnb occupancy rate in Welches is currently 37%, which is above the Oregon state average of 33%. Occupancy varies meaningfully by property size: 3-bedroom listings lead at 42%, while 1-bedroom units average just 25%. Investors targeting mid-size properties tend to see the most consistent booking activity in this market.

How much do Airbnb hosts make in Welches?

On average, Airbnb hosts in Welches earn approximately $2,956 per month or $35,482 per year based on trailing 12-month booking data. Revenue varies significantly by property size — 4-bedroom listings lead with an average of $50,425 annually, while 1-bedroom units average closer to $18,963. Seasonal swings also play a role, with summer months (July and August) generating roughly double what hosts earn in the slower spring months.

Is Welches a good market for Airbnb investment?

Welches earns a 56 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' tier. The market benefits from year-round recreation demand near Mount Hood, occupancy above the state average, and accessible property pricing relative to coastal Oregon markets. However, rapid supply growth (108% year-over-year) and moderate occupancy stability mean investors should carefully evaluate property type and amenity offerings to stay competitive.

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

The average daily rate for Airbnb listings in Welches is $261, which is well below the Oregon statewide average of $383. ADR scales steadily with property size — 1-bedroom listings average $151 per night, while 5-bedroom properties command $467. This pricing structure reflects the cabin and vacation-home character of the market, where larger group-friendly properties can charge meaningful premiums.

Are short-term rentals legal in Welches?

Short-term rentals operate in Welches, and there are currently active Airbnb listings in the area. However, local regulations in Clackamas County and the State of Oregon may require permits, business licenses, or registration. Investors should consult with local planning authorities and review any HOA or CC&R restrictions before purchasing a property intended for short-term rental use.

When is peak season for Airbnb in Welches?

Peak season in Welches runs from June through August, with August being the highest-earning month at an average of $4,474 per listing. December also sees a notable bump to $3,076, likely driven by ski-season visitors. The slowest period is April, when average revenue drops to $2,052 — roughly 46% of the August peak.

How many Airbnbs are there in Welches?

As of April 2026, there are 109 active Airbnb listings in Welches. The supply is concentrated in 3-bedroom properties (41 listings), followed by 2-bedroom (22) and 1-bedroom (19) units. Notably, active listings have grown 108% year-over-year, indicating significant new supply entering the market.

How is Airbnb revenue calculated in Welches?

The annual and monthly revenue figures for Welches 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 (like August at $4,474) and slower months (like April at $2,052), because 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 the Welches, OR market
• Occupancy rates, average daily rates, and seasonal revenue trends based on trailing 12-month booking data
• Revenue and yield metrics broken down by property size to help investors compare configurations
• Average home values sourced from the Zillow Home Value Index (ZHVI) for investment analysis
• Data aggregated from multiple providers and Rabbu proprietary analytics for consistency

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. Local regulations, tax requirements, and permit rules may change; investors should verify current rules with Clackamas County and the State of Oregon before purchasing. Individual property results will vary based on location within the market, property condition, amenity offerings, and management quality.