Top LocationsOregon Housing Market 2019: Why and Where to Invest by Hamza Abdul-Samad July 26, 2019July 24, 2019 by Hamza Abdul-Samad July 26, 2019July 24, 2019When it comes to state markets in 2019, the Oregon housing market is among the best of the best. The state’s real estate market trends allow for successful traditional and Airbnb investing. Today, we’ll be discussing the best cities in the Oregon real estate market for both strategies and why you should invest in them. All the real estate data provided comes from Mashvisor’s investment property calculator. To learn about Mashvisor and how it computes these figures, click here.Related: The Best Investment Property Calculator in 2019The Best Cities for Traditional Investing in the Oregon Housing MarketKlamath FallsPricingMedian Property Price: $306,983Price per Square Foot: $147Price-to-Rent Ratio: 18Traditional InvestingRental Income: $1,432Cap Rate / Cash on Cash Return: 3.0%Klamath Falls is arguably the best place to invest in real estate for traditional Oregon investment properties. There are many reasons why. For starters, its median property price is much lower than the median Oregon housing price of $495,569. The cost of living in Klamath Falls is also 9.8% lower than the US average. The demand for long-term rentals is also high in the city. As seen from Mashvisor’s data, the price-to-rent ratio of the city is over 15, meaning that, for a resident, renting out an Oregon real estate property is more affordable than purchasing one. Rental income, as seen in the data above, and appreciation are also impressive for the average Klamath investment property. The projected annual appreciation rate for the market is 9.74%, which is one of the highest in the US housing market.SandyPricingMedian Property Price: $412,856Price per Square Foot: $214Price-to-Rent Ratio: 14Traditional InvestingRental Income: $2,389Cap Rate / Cash on Cash Return: 3.0%Sandy is also one of the best cities to buy investment property in the Oregon housing market in 2019. Like Klamath Falls, Sandy provides great demand for traditional long-term rentals. This is particularly due to the population growth in the city. Since 2010, Sandy’s population has increased by almost 20 percent. The city’s market is also warm as it pertains to a buyer’s or seller’s market. This further drives demand for Oregon investment properties in the city. Sandy’s economy is also relatively strong compared to the state. The city’s unemployment rate is 3.6%, compared to the state’s 4.4%, and the nation’s 3.9%. The city’s economy is also expected to grow by 43 percent in the next 10 years, which is much higher than the national average of 33.5%.WoodburnPricingMedian Property Price: $309,548Price per Square Foot: $209Price-to-Rent Ratio: 11Traditional InvestingRental Income: $2,322Cap Rate / Cash on Cash Return: 3.7%Like Sandy and Klamath Falls, Woodburn is a top destination for traditional real estate investing in the Oregon housing market. Of the best cities to buy investment property in Oregon mentioned in this blog, Woodburn has the highest return on investment average. This high profitability is due to its rental income average and relatively low median property price. Appreciation is another key benefit in this real estate market. According to NeighborhoodScout, the city’s market appreciated by over 34 percent in the last 10 years, placing it in the top 20 percent for appreciation in the US. The projected real estate appreciation rate for the year in Woodburn continues being top-tier, as it is estimated to be 5.77%.Related: Traditional Rental Strategy: Best Cities for Rental Income in 2019Now that you know the top 3 cities for buying a house in Oregon to rent out traditionally, let’s take a look at the best Airbnb markets in the state.The Best Cities for Airbnb Investing in the Oregon Housing MarketTalent PricingMedian Property Price: $726,657Price per Square Foot: $293Price-to-Rent Ratio: 37Airbnb InvestingRental Income: $2,889Cap Rate / Cash on Cash Return: 2.6%Occupancy Rate: 52%Airbnb rental properties are another fantastic method for investing in Oregon real estate. The Airbnb Oregon housing market consists of many profitable cities, such as Talent. While Talent has a very high median property price for Oregon real estate investments, it is among the most profitable cities for Airbnb Oregon. While Talent does not have official Airbnb regulations yet, there have been recent proposals for regulation. Real estate investors in the area should definitely pay attention to any further developments in the short-term rental regulations.MilwaukiePricingMedian Property Price: $422,902Price per Square Foot: $232Price-to-Rent Ratio: 18Airbnb InvestingRental Income: $2,917Cap Rate / Cash on Cash Return: 3.3%Occupancy Rate: 58%Unlike Talent, Milwaukie does have official Airbnb regulations set in place, which you can read about here. Known for its wine bars, kayaking, and aquatic park, Milwaukie is another top Airbnb city in the Oregon housing market. The demand for Airbnb vacation rentals in the city is exemplified by its high occupancy rate of 58 percent, the highest of any city on this list. Milwaukie also has the highest average ROI in Airbnb Oregon, largely due to its rental income average and relatively affordable median property price. Find a Profitable Airbnb Investment PropertyGrant Pass PricingMedian Property Price: $535,423Price per Square Foot: $765Price-to-Rent Ratio: 30Airbnb InvestingRental Income: $2,632Cap Rate / Cash on Cash Return: 2.9%Occupancy Rate: 43%Last, but definitely not least, of the best cities for Airbnb Oregon is Grant Pass. Like Milwaukie and many cities in the Oregon housing market, Grant Pass recently passed Airbnb regulations. Hosts are required to pay a 9 percent lodging tax, obtain licensing through the City Hall, and follow parking restrictions, among other neighborhood rules. Like the other Airbnb cities on this list, Grant Pass is highly profitable. The average rental income is over $2,600, with an average return on investment of about 3 percent. These are merely averages, meaning that an investor’s actual property can generate more in these metrics. This also applies to any of the above-mentioned cities in the Oregon housing market.Related: 8 Best Cities for Airbnb Investment in 2019All in all, the Oregon housing market is one of the top state markets in the US; some may even refer to it as the best state to invest in real estate. The state’s traditional market is highlighted by relative affordability, profitability, demand, and appreciation. Airbnb Oregon is driven by profitability, demand, as seen from occupancy rates, and increasing legalization and regulation across the state. For more on investing in West Coast real estate and the best city in the Oregon housing market, click here to start your 14-day free trial with Mashvisor! Start Your Investment Property Search! START FREE TRIAL AirbnbOregonTraditional 0FacebookTwitterGoogle +PinterestLinkedin Hamza Abdul-SamadHamza is a long-time writer at Mashvisor. With a focus on real estate investing tips, concepts, and top investing locations, he aims to help all aspiring investors who come across his blogs to hit the bank with their investment property. Previous Post How to Find the Best Vacation Rentals for Sale Next Post How to Find Real Estate Deals: The Ultimate Guide Related Posts How to Become a Real Estate Investor: The Best Way Where Should You Buy an Investment Property in the Houston Real Estate Market in 2018? Best Cities For Airbnb Occupancy Rates Is Buying a Scottsdale Investment Property a Smart Choice? California Real Estate: Why and Where to Invest? Where to Find the Best Jacksonville Houses for Sale to Invest In What to Consider Before Buying Property in Florida as a Real Estate Investment How to Identify the Best Places to Invest in Real Estate? The Tahoe-Truckee Real Estate Market 2018: Interview with Agent Celia Klein Should You Invest in Airbnb Tampa Properties in 2019? 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