At $1,789/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,789 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Prineville changed +4.0% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.
Rent has risen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($72,980) is $1,825 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,750); a 4-bedroom is $2,100.
From Zillow's monthly rent index (ZORI) for Prineville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Prineville, OR is majority owner-occupied, 16.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Prineville, OR has changed in 5 years
Median household income climbed from $44,167 to $72,980 between 2021 and 2024, a 65.2% shift. Census counts show Prineville, OR adding about 859 residents over the five-year window, up 8.1% on net. The renter share has eased from 42.8% to 39.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 18.3% to 16.3% across the same window.
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Can you afford rent in Prineville on your salary?
At $1,789/mo, how Prineville rent compares to typical pay (30% rule).
Prineville rent by bedroom count
Median rent for each apartment size in Prineville. Click any size for full breakdown.
Tips for renters in Prineville
Last updated: October 17, 2026
The median rent in Prineville is $1,789/mo as of October 2026. A studio apartment averages $860/mo while a 2-bedroom runs $1,250/mo. One-bedroom apartments average $990/mo and 3-bedroom units go for $1,750/mo.
At 29% of local median household income ($72,980/yr), Prineville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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How does Prineville rent compare to other cities in Oregon?
Which nearby cities are cheaper to rent in than Prineville?
At $1,789/mo, rent takes ~29% of Prineville's median household income ($72,980/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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