How short-term rentals work in Portland
The first step in Portland is the city's permit or registration process; check the ordinance for the current fee. The primary-residence requirement is the rule that shapes everything else here. Factor the 95-night annual cap into any revenue projection. The status card above has the full detail on the current rules.
Only owner-occupants can run a short-term rental in Portland. Non-owner, investor-owned whole-home STRs are generally not permitted, which rules out the classic buy-and-Airbnb strategy here.
At the state level, Oregon leaves short-term rental rules to cities and counties.
What it means for investors
Portland is a tough market for a non-owner-occupied short-term rental. If you own or want to buy here, a long-term rental or a house-hack (living in the property while renting part of it) is usually the more realistic play.