Rents are right about where Redmond's 10-year trend predicts.
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 $1,984 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 Redmond is 0.9% below its high of $2,002 in June 2026, at $1,984 as of September 2026.
Rent in Redmond changed +2.9% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.
Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($84,164) is $2,104 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,060); a 4-bedroom is $2,480.
From Zillow's monthly rent index (ZORI) for Redmond. 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
Redmond, OR is majority owner-occupied, 30.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Redmond, OR has changed in 5 years
Since 2022, the typical rent in Redmond, OR has climbed from $1,674 to $1,984, a 18.5% change over five years. Local incomes tracked alongside that move, going from a median of $70,129 in 2021 to $84,164 more recently. The population has grown by 8.8% since 2021, moving from about 33,160 residents to roughly 36,092. College-educated residents now make up 30.3% of adults here, versus 22.7% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Redmond, OR market of 2022.
Discussions about Redmond
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Can you afford rent in Redmond on your salary?
At $1,984/mo, how Redmond rent compares to typical pay (30% rule).
Redmond rent by bedroom count
Median rent for each apartment size in Redmond. Click any size for full breakdown.
Tips for renters in Redmond
Last updated: October 17, 2026
The median rent in Redmond is $1,984/mo as of October 2026. A studio apartment averages $1,130/mo while a 2-bedroom runs $1,470/mo. One-bedroom apartments average $1,160/mo and 3-bedroom units go for $2,060/mo.
At 28% of local median household income ($84,164/yr), Redmond ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.
Frequently asked questions
How much income do you need to rent in Redmond?
Is rent going up or down in Redmond?
How does Redmond rent compare to other cities in Oregon?
Which nearby cities are cheaper to rent in than Redmond?
At $1,984/mo, rent takes ~28% of Redmond's median household income ($84,164/yr). The standard benchmark is 30%.
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