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Corvallis

Explore Corvallis's Market Performance

Get detailed analysis of short-term rental performance and investment potential in Corvallis. Our analytics platform provides valuable insights to help you make data-driven decisions.

Corvallis Market Analysis

STR Regulations for Corvallis

Short-Term Rental Guide for Corvallis, OR

Overview of Short-Term Rentals in Corvallis

Allowed Status

While the sources do not provide explicit city-specific details for Corvallis STRs, short-term rentals are generally permitted in Oregon with state and local regulatory requirements.

How to Start a Short-Term Rental Business

Required Steps

  1. Verify local zoning compliance
  2. Obtain necessary permits and licenses
  3. Register your rental property with the city
  4. Comply with state and local tax requirements

Regulatory Requirements

State-Level Regulations

  • Collect and remit Transient Lodging Tax (1.5% state-wide)
  • Comply with Oregon's short-term rental laws

City-Specific Considerations

  • Rental Property Registration
    • Corvallis requires rental properties to be registered
    • Annual rental housing fee (currently $15 per unit, increasing to $16 in 2023)

Tax Obligations

  • Collect state Transient Lodging Tax (1.5%)
  • Verify local tax requirements with city authorities

Contacts and Resources

City of Corvallis Contacts

Housing & Neighborhood Services

  • Phone: 541-766-6944
  • Email: housing@corvallisoregon.gov
  • Address: 501 SW Madison Ave., Corvallis, OR 97333
  • Office Hours: 8:00 AM to 5:00 PM, Monday-Friday

Additional Recommendations

  • Consult with local authorities for most up-to-date regulations
  • Consider obtaining specialized short-term rental insurance
  • Stay informed about potential changes in local ordinances

Source Links

Disclaimer: Regulations can change, so always verify current requirements with local authorities.

Photos of Corvallis

Overview of Corvallis

Overview of Corvallis, OR

Corvallis is a city located in the central western region of Oregon, in Benton County. It serves as the county seat and is renowned for its scenic beauty and vibrant community. According to the latest census data, the population of Corvallis is approximately 58,000 residents. The city is situated about 85 miles south of Portland, the nearest major metropolitan area, making it both a quaint locale and easily accessible for a weekend getaway.

Population and Demographics

The city has a diverse population that includes a significant number of students, professionals, and families. The presence of Oregon State University (OSU) contributes to a youthful and dynamic atmosphere, with about 30,000 students enrolled at the university.

Proximity to Major City

Corvallis is roughly 85 miles away from Portland, Oregon's largest city. The drive typically takes about 1.5 to 2 hours depending on traffic, offering both the tranquility of a smaller town and the convenience of proximity to urban amenities.

Key Landmarks and Attractions

  1. Oregon State University: OSU is one of the main attractions in Corvallis, known for its excellent educational programs and research facilities. The campus itself is picturesque and open for tours. Visit OSU

  2. Corvallis Farmers' Market: Held downtown on Wednesdays and Saturdays, the farmers' market is a local favorite for fresh produce, handmade goods, and live music. Visit Corvallis Farmers' Market

  3. Willamette Park and Natural Area: This extensive park offers several miles of walking and biking trails, boat ramps, and picnic areas, making it ideal for outdoor enthusiasts. Visit Willamette Park

  4. Corvallis Arts Center: Located in a historic building, the Arts Center hosts rotating exhibits, community events, and art classes for all ages. Visit Corvallis Arts Center

  5. OSU McDonald-Dunn Research Forest: Located just outside the city, this research forest offers numerous trails and is perfect for hiking, bird-watching, and educational field trips. Visit McDonald-Dunn Research Forest

Appeal for Short-Term Rentals

Corvallis is an appealing destination for short-term rentals due to its unique blend of educational, natural, and cultural attractions. The city’s youthful energy, bolstered by the presence of Oregon State University, and its convenient location relative to Portland make it an attractive spot for quick getaways and extended stays alike. The local community offers numerous amenities, from farmers' markets to outdoor recreational areas, making it a versatile destination for various types of visitors.

Final Thoughts

With its proximity to Portland, vibrant population, and array of attractions, Corvallis presents a compelling case for short-term rentals. Whether visiting for a university event, enjoying the natural beauty, or exploring local arts and culture, Corvallis offers a well-rounded experience that is sure to cater to a variety of interests.