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City Report · OR

Bend

Pop. 103,390·5th most expensive in Oregon·Bend rents are up 7.5% over the past year
Median rent (all units)
$2,302/mo
Year-over-Year
+7.5%
Month-over-Month
Stable
vs US Median
+$340
Stable (Monthly)
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Most AffordableMost Expensive
Bend · $2,302
More expensive than 73% of US cities · National median $1,962/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

Rents are 10% below what Bend's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,302/mo
Expected by trend
$2,547/mo
The Rent Reality Score compares today's median rent to where Bend's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,367
1 BR
$1,403
2 BR
$1,773
3 BR
$2,483
4 BR+
$2,977
Fair Market Rent (HUD)
$1,773/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,302 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$27,624/yr
At $2,302/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.5% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Bend, OR is majority owner-occupied, has a median income above the national average, 52.9% of residents hold a bachelor's degree or higher.

Population
103,390
Median income
$96,394
Median age
40.9
Renters
38.3%
Age distribution
19.3%
21.9%
29.3%
18.1%
Under 1819.3%
18–3421.9%
35–5429.3%
55–6411.5%
65+18.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
86.8%
White86.8%
Hispanic9.2%
Asian1.1%
Other2.5%
Education (25+)
15.1%
28.6%
52.9%
No HS diploma3.3%
HS diploma15.1%
Some college28.6%
Bachelor's+52.9%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bend, OR has changed in 5 years

Rent
$1,913 → $2,302
up 20.3%
Income
$74,253 → $96,394
up 29.8%
Population
97,042 → 103,390
up 6.5%
Renter share
38.7% → 38.3%
-0.4 pts
Bachelor's+
46.6% → 52.9%
+6.3 pts
Median age
38.8 → 40.9
+2.1 yrs

Five years ago, renters in Bend, OR paid around $1,913 a month. That figure now sits near $2,302, up 20.3% from the 2021 baseline. Census figures show median household income at $96,394 today, compared with $74,253 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Bend, OR adding about 6,348 residents over the five-year window, up 6.5% on net. Bachelor's-degree-or-higher attainment moved from 46.6% to 52.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Bend

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View Bend rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bend on your salary?

At $2,302/mo, how Bend rent compares to typical pay (30% rule).

By apartment size

Bend rent by bedroom count

Median rent for each apartment size in Bend. Click any size for full breakdown.

Local insights

Tips for renters in Bend

About renting in Bend, OR

Last updated: August 17, 2026

The median rent in Bend is $2,302/mo as of August 2026. A studio apartment averages $1,367/mo while a 2-bedroom runs $1,773/mo. One-bedroom apartments average $1,403/mo and 3-bedroom units go for $2,483/mo.

At 29% of local median household income ($96,394/yr), Bend ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.

FAQ

Frequently asked questions

Is Bend an affordable city for renters?

Bend is considered affordable for renters. At $2,302/mo, rent takes approximately 29% of the local median household income ($96,394/yr). The standard benchmark is 30%. Bend falls comfortably within that range.

How much income do you need to rent in Bend?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,302/mo in Bend. The local median household income is $96,394/yr, meaning the typical Bend household meets that threshold.

Is rent going up or down in Bend?

Rent in Bend has increased 7.5% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Bend neighborhoods have the lowest rent?

The most affordable ZIP codes in Bend are 97701 ($2,072/mo), 97702 ($2,335/mo), and 97703 ($2,749/mo). Citywide, the median rent in Bend is $2,302/mo.

How does Bend rent compare to other cities in Oregon?

Bend is one of the pricier cities in Oregon for rent, ranking #5 out of 64 tracked cities at $2,302/mo.

Which nearby cities are cheaper to rent in than Bend?

Several nearby cities have lower median rents than Bend ($2,302/mo): Prineville ($1,641/mo), Sisters ($2,059/mo), Redmond ($2,098/mo).

What percentage of Bend residents rent vs. own?

According to Census data, approximately 38.3% of Bend households are renters, while 61.7% are owner-occupied. Bend leans toward homeownership, which can mean a smaller rental inventory.

How does Bend rent compare to the national average?

Bend's median rent of $2,302/mo is $340 (17%) above the US national median of $1,962/mo. Within Oregon, it ranks #5 out of 64 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,302/mo, rent takes ~29% of Bend's median household income ($96,394/yr). The standard benchmark is 30%.

Bend 29%Benchmark 30%
State income tax4.75–9.9%
Run the Bend affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bend, OR

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