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

178 / 347

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$23,060

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$411,357

Median Home Sale Price

Top Earners

$43,604

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, Oregon, is a vibrant city nestled in the southern part of the Willamette Valley. As of recent estimates, it has a population of approximately 62,000 residents. Located just a few miles east of Eugene and about 110 miles south of Portland, Springfield offers a blend of small-town charm and easy access to urban amenities.

The city's appeal for short-term rentals is accentuated by its proximity to several notable landmarks and attractions. Firstly, the nearby McKenzie River offers a range of outdoor activities, including fishing, rafting, and hiking, making it a major draw for nature enthusiasts. Another significant site is the Springfield Museum, which provides a rich glimpse into the local history and culture.

For families and sports fans, the Richard E. Wildish Community Theater presents a variety of performances throughout the year, while the Autzen Stadium in neighboring Eugene hosts University of Oregon football games, adding further to the region's entertainment options.

Additionally, Dorris Ranch, the oldest hazelnut farm in the United States, serves as both a functional farm and a picturesque public park. The ranch's walking trails and historical significance make it a popular spot for visitors.

Given these attractions, Springfield is an attractive destination for short-term rentals, offering visitors a balance of outdoor adventure, cultural experiences, and small-town ambiance.

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