Sherwood, OR

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Sherwood short-term rental market based on reliable data.

Listings

36 / 61

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$32,442

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$632,356

Median Home Sale Price

Top Earners

$58,774

Top-Earners Revenue

Sherwood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Sherwood.

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A

Very Investor friendly

Sherwood Regulations

Sherwood allows STRs citywide with minimal licensing under Oregon’s statewide framework (no separate city cap, very low fees and simple registration), and the absence of restrictive local rules creates low compliance risk for investors.

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About Sherwood

Sherwood is a small city in Washington County, Oregon, set in the rolling Tualatin Valley roughly twenty miles southwest of downtown Portland. With a population of approximately 20,000, it has retained a small-town character even as the Portland metropolitan area has expanded around it, drawing visitors who appreciate its quiet streets, walkable historic core, and easy access to both the city and the surrounding wine and farm country. The city is perhaps best known locally for its well-preserved Old Town district, its family-friendly community events, and its role as a convenient home base for travelers exploring the northern Willamette Valley, the vineyards of Dundee and Newberg, and the broader Portland region's restaurants, breweries, and outdoor spaces.

Just a few minutes from the city center, Tualatin River National Wildlife Refuge offers an unexpected pocket of nature within the suburban landscape. The refuge's trails and viewing platforms wind through restored wetlands and bottomland forest, providing reliable spots to see bald eagles, great blue herons, wood ducks, and seasonal waterfowl. It is one of the most accessible wildlife-viewing sites in the Portland metro area and a popular stop for visitors looking to stretch their legs without leaving the valley.

A short drive west of Sherwood, roughly twenty minutes by car, Champoeg State Heritage Area marks the site of the first provisional government established in the Pacific Northwest and sits along the Willamette River with picnic areas, a small museum, and miles of riverside biking and walking trails. The park's annual living-history events and its location at the edge of Oregon's wine country make it a frequent stop for travelers touring the region.

Heading southwest from Sherwood, the Willamette Valley wine region opens up with dozens of tasting rooms within a thirty-minute drive, particularly around Newberg, Dundee, and the Ribbon Ridge area. Visitors can sample Pinot Noirs and other cool-climate varietals at well-known estates, often paired with farm-to-table dining and views of vine-covered hillsides. Just beyond the wineries, the forested slopes of the Coast Range and the higher country toward Mount Hood offer additional day-trip options for hiking, fishing, and sightseeing.

Sherwood appeals to short-term-rental owners because it offers a quieter, more residential alternative to staying directly in Portland while keeping the city's attractions within a thirty-minute drive. Its historic Old Town, proximity to wildlife refuges, state heritage sites, and the Willamette Valley's renowned wine trail give guests a range of experiences to fill a weekend or longer stay, making it a comfortable and flexible base for travelers who want both small-town atmosphere and easy access to the best of northwest Oregon.

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