Short-term rentals (STRs), referred to as short-term vacation rentals (STVRs) in Palm Springs, Oregon, are permitted under strict regulations established by the Palm Springs City Council. As of November 2022, there is a cap of 20% on the number of STVRs allowed in each residential neighborhood, calculated based on total dwelling units recognized by local organizations. Properties that thrive in this market predominantly include vacation homes and cabins, as the area attracts tourists year-round, especially during events and festivals. The market is heavily oriented towards leisure travelers, although there is some appeal for business travelers. STR owners must limit their rental days to a maximum of 26 contracts per year; however, a new “junior permit” option allows reduced fees for a maximum of 6 contracts annually without impacting the neighborhood cap. The City of Palm Springs is responsible for regulating these rentals, including issuing necessary permits. For more detailed information, visit the city's official website:.