Philomath, OR
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Philomath short-term rental market based on reliable data.
Listings
17 / 38
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$36,712
Middle-Earners Revenue
Occupancy
58%
Middle-Earners Occupancy
Home Value
$511,782
Median Home Sale Price
Top Earners
$59,659
Top-Earners Revenue
Philomath
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Philomath.
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Challenging to Investors
Philomath Regulations
BC's Short-Term Rental Accommodations Act creates a provincial framework with provincial licensing and a 90-day cap in municipalities without their own regulations. While STRs are technically legal, the combination of provincial oversight, municipal bylaws with varying restrictions (RDOS allowing in certain zones, CSRD requiring principal residence, SCRD requiring principal residence with tourism exempt areas), and moderate fees creates significant complexity that deters casual investors.
Local STR Agent
STR specialist · Philomath, OR
About Philomath
Philomath ( fi-LOH-mith) is a city in Benton County, Oregon, United States. It was named for Philomath (Greek, "love of learning") College. The population was 4,584 at the 2010 census and was most recently estimated in 2019 to have a population of 5,666. It is part of the Corvallis, Oregon, Metropolitan Statistical Area.