The Market
Why Cannon Beach is One of the World's Premier STR Markets
Cannon Beach is the Oregon Coast's postcard: Haystack Rock rising 235 feet off a wide, walkable beach, a downtown of weathered-cedar galleries and bakeries, and a town that has protected its character with some of the strictest short-term-rental limits on the West Coast. The city caps its unlimited rental permits and hasn't issued new ones in years — when one terminates, it isn't replaced — and permits are tied to a specific owner and dwelling, so they generally don't survive a sale. What remains for owners is a set of narrow but real lanes: the coveted existing permits, a 14-day permit any residential homeowner can use once a year, furnished stays of 30 days or more, and a strong core of inns and small hotels that were here before Airbnb and will outlast it. Demand does not blink — Portland is ninety minutes away, and the beach is the most photographed in the state.
Cannon Beach demand is a Portland drive market with a national tail. July and August are the peak — beach weather, the Sandcastle Contest crowds in June, full occupancy at the town's inns — and the shoulder runs long: spring brings tufted puffins back to Haystack Rock and spring-break families, fall brings the Stormy Weather Arts Festival in early November, and winter has become its own product as storm-watching weekends fill fireplace rooms that used to sit empty. Blended nightly rates run around $425 with occupancy in the mid-50s, top performers far above that, and February the softest month. Because permitted whole-home supply is fixed by ordinance, the pricing power sits with whoever holds a permit and markets it well — and with the inns and hotels that absorb everyone else.
Top Attractions & Landmarks
- Haystack Rock
- Ecola State Park
- Hug Point State Recreation Site
- Oswald West State Park
- Tolovana Beach State Recreation Site
- Cannon Beach History Center & Museum
- Icefire Glassworks
Nearby Markets: Portland, Oregon | Seattle | Bend