Short-term rentals (STRs), locally termed Accessory Short-Term Rentals (ASTRs), are legal in Portland, Oregon, with strict regulations enforced by the City of Portland. To operate legally, hosts must obtain an ASTR permit, demonstrate primary residency at the property for at least 270 days per year, and pass a safety inspection. Properties that thrive in this market include urban apartments, especially in areas appealing to tourists, and some unique rural settings like cabins. The business environment caters predominantly to tourists, particularly during peak seasons and events, but there is also a steady demand from business travelers due to the city's cultural and commercial activities. The Bureau of Development Services oversees the regulation of short-term rentals, ensuring compliance with local laws and zoning requirements. For further details, visit the City's official ASTR permit page at https://www.portland.gov/bds/astr-permits/before-you-apply.