Bend, OR Rental Market
Bend is Oregon's fastest-growing city and one of the most dynamic outdoor recreation-driven rental markets in the Pacific Northwest, positioned at the foot of the Cascade Range with world-class skiing at Mt. Bachelor, rock climbing at Smith Rock, and hundreds of miles of mountain biking trails. The massive influx of remote workers, especially from the Bay Area and Seattle, has accelerated rent growth while the broader tech presence (Facebook data center, growing software cluster) adds a permanent high-income employment layer.
Get a rent estimate for an address in BendAverage Rent in Bend, OR
$1,750
per month · 2026-06
Market Score
Key Facts — Bend, OR Rental Market
- Average rent in Bend, OR:$1,750/mo
- Median rent:$1,610/mo
- Rent range:$875 – $3,850/mo
- Most common rental (2 bedrooms):$1,550/mo
- Active listings:620
- Avg days to lease:27 days
- Year-over-year change:+4.5%
- Median home value:$520,000
- Est. gross annual yield:4.0%
- Data as of:2026-06
Rent by Bedroom in Bend, OR
Average monthly rent for each bedroom type based on current active listings in Bend.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,250/mo |
2 Bedrooms | $1,550/mo |
3 Bedrooms | $1,950/mo |
4 Bedrooms | $2,425/mo |
5 Bedrooms | $2,775/mo |
Bend Rental Market Statistics
Key indicators from the current Bend, OR rental market.
620
Available now in Bend
27
From list to lease
$1.35
Average across listings
1,300 sq ft
Typical rental size
$875 – $3,850
Min to max active listings
+4.5%
Avg rent vs. prior year
Investing in Bend, OR Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$520,000
Typical purchase price in Bend
Est. Gross Annual Yield
4.0%
Before expenses & vacancy
Avg Monthly Income
$1,750
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Bend for a full cash-flow breakdown including all costs.
Bend, OR Rental Market FAQ
Common questions about renting and investing in Bend, OR.
What is the average rent in Bend, OR?
The average rent in Bend, OR is $1,750 per month as of 2026. One-bedroom apartments average $1,250/mo, two-bedrooms average $1,550/mo, and three-bedroom homes average $1,950/mo. The Old Mill District, NorthWest Crossing, and Shevlin Park-adjacent neighborhoods command the highest rents, while the east side of Bend near US-20 offers slightly more affordable options for budget-conscious tenants.
Is Bend, OR a good place to invest in rental property?
Bend earns the highest year-over-year rent growth in our Oregon coverage at 4.5% and a market score of 7/10, reflecting its exceptional lifestyle-driven demand trajectory. A $520,000 median home value yields a 4.0% estimated gross yield — modest but supported by strong appreciation potential in one of the most desirable outdoor recreation markets in the US. Remote worker demand and tourism-economy employment sustain multi-layered rental demand.
How competitive is the Bend, OR rental market?
Bend averages just 27 days on market with approximately 620 active listings — exceptionally fast for a city its size. Remote workers, tech transplants from Portland and the Bay Area, and outdoor recreation enthusiasts all compete for a housing supply that is physically constrained by the Cascade foothills and the Deschutes National Forest. New construction has accelerated but still struggles to keep pace with demand, keeping vacancy rates low.
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