Springfield, OR

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

179 / 362

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$23,524

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$419,881

Median Home Sale Price

Top Earners

$43,545

Top-Earners Revenue

Springfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Springfield.

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C

Challenging to Investors

Springfield Regulations

No STR rules at any level were provided for Springfield, OR, creating legal and permitting uncertainty and significant compliance risk for investors.

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About Springfield

Springfield is a city of approximately 62,000 residents in Lane County, in the southern Willamette Valley of western Oregon. Situated along the Willamette River immediately east of Eugene — the nearest major city, just a few miles to the west — Springfield forms the heart of the Eugene-Springfield metropolitan area, the second-largest in the state. The city has a working-class, outdoors-oriented character, blending suburban neighborhoods with light industry and easy access to forests, rivers, and mountains. It is best known as a gateway to the Cascade Range and the McKenzie River corridor, with the local economy shaped by the proximity of the University of Oregon in neighboring Eugene and the outdoor recreation economy of the surrounding region.

Just east of town, Mount Pisgah rises as a forested butte offering some of the closest hiking to the Eugene-Springfield area. Within roughly a 15-minute drive, visitors can reach trailheads that climb to sweeping views of the Willamette Valley, the Coast Range, and the snow-streaked Cascades on clear days. The adjacent Mount Pisgah Arboretum hosts native plant gardens, seasonal events, and an extensive network of easy-to-moderate walking paths along the river, making the area a year-round draw for both casual walkers and trail runners.

Further east, the McKenzie River corridor — about 45 minutes to an hour from Springfield — is one of Oregon's signature outdoor recreation destinations, drawing anglers, rafters, and hikers. The clear green water, old-growth forests, and waterfalls of the area have made it a focal point of the larger Willamette National Forest, which stretches along the western slope of the Cascades. The McKenzie River Trail and the Blue Pool at the end of the road are popular draws for visitors looking to spend a day or a weekend away from the city.

Closer in, the historic Dorris Ranch is a roughly 250-acre property within Springfield itself, recognized as the oldest working filbert, or hazelnut, farm in the Pacific Northwest. It offers walking paths, interpretive history, and a glimpse of the agricultural heritage that long predates the modern metro area. Its central location makes it an easy stop for short-term visitors looking for a quieter, less athletic outing, and it pairs naturally with an afternoon exploring the Willamette River waterfront.

Together, these features make Springfield a strong base for short-term rentals. A year-round mix of university events, regional sports, and cultural programming in adjacent Eugene, combined with outdoor adventure in the Cascades and along the central Oregon coast — Florence and the surrounding beaches are roughly an hour's drive to the west — gives the area a steady appeal for travelers who want small-city convenience paired with high-quality access to nature.

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