Central Coast, OR

With increasing guest demand, Oregon’s Lincoln City and Waldport region is a great market to buy a family-sized coastal rental that you plan to hold onto for the long run.

Overview

Lincoln City is regarded as the transition point between the Northern and Central Oregon Coast. One of the most popular destinations for an Oregon Coast weekend getaway, Lincoln City draws guests with its beautiful beaches, restaurants, nightlife, shopping, golf, and entertainment at the Chinook Winds Casino Resort. Snuggled an hour south but worlds away, Waldport is a cozy coastal village with serene beaches and a refreshingly slow vibe. Located between bustling Lincoln City and Newport, Waldport entices guests looking for a quiet time exploring tide pools, seal-spotting, and hiking through beautiful old-growth Sitka spruces.


Insider tip

If you’re looking to buy a vacation rental as a long-term investment, anywhere in Lincoln City or Waldport is a good place to buy. If you’re not in it for the long term, stay away from Roads End in Lincoln City. Permits for vacation rentals there are only allowed to be transferred to new owners for the next six years, at which point the homes will cease to be grandfathered in and may have to go on a waitlist before being listed again as a short-term rental (which would affect your resale value). When Lincoln City reaches its cap of vacation rentals, all new owners will be put on a waitlist. If you’re considering buying a Lincoln City vacation rental and holding onto it for the long-term, it’s a good time to buy. 

Learn more and compare Oregon's Central Coast with other top markets in our insider's guide to the best places to buy a vacation rental. 


Market size

1,500+ rental units

Median annual rental revenue

$29,680

Median home price

$312,400

Cap rate

5.2%

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.