Independence, OR
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Independence short-term rental market based on reliable data.
Listings
14 / 28
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$26,739
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$417,166
Median Home Sale Price
Top Earners
$44,509
Top-Earners Revenue
Independence
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Independence.
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Generally Investor friendly
Independence Regulations
Independence allows STRs citywide and lacks a dedicated STR ordinance, so compliance defaults to basic zoning verification, a simple city business registration, and Oregon’s 1.5% quarterly lodging tax—no caps, low fees, and no onerous inspections. The regulatory pathway is straightforward and investor-friendly, though future rule changes are possible.
Local STR Agent
STR specialist · Independence, OR
About Independence
Independence is a city in Polk County, Oregon, United States, on the west bank of the Willamette River along Oregon Route 51, and east of nearby Monmouth. It is part of the Salem Metropolitan Statistical Area. Thirty square blocks of the oldest part of Independence form the National Register of Historic Places-listed Independence Historic District. The population was 9,828 at the 2020 census.