How much does it cost to rent in Redmond, OR?

As of July 2026, the median monthly rent in Redmond, OR is $2,055. This figure is based on aggregated data from public sources and community-submitted rents.

Is Redmond cheaper than other Oregon cities?

Redmond is one of the pricier cities in Oregon, ranking #9 out of 65 cities tracked at $2,055/mo.

When was Redmond rent data last updated?

Redmond rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · OR

Redmond

Name: Average Rent Prices in Redmond, OR
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 36,092·9th most expensive in Oregon·Rental market data updated monthly for Redmond, OR

Median rent (all units)

$2,055/mo

Year-over-Year

+2.9%

Month-over-Month

+3.7%

vs US Median

+$90

Rising (Monthly)

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Most AffordableMost Expensive

Redmond · $2,055

More expensive than 62% of US cities · National median $1,965/mo

Rent Reality Score

52/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Redmond's 10-year trend predicts.

Actual rent

$2,055/mo

Expected by trend

$2,078/mo

The Rent Reality Score compares today's median rent to where Redmond's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,130

1 BR

$1,160

2 BR

$1,470

3 BR

$2,060

4 BR+

$2,480

Research median

$1,470/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$24,660/yr

At $2,055/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 2.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+2.9% YoY, +3.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Redmond, OR is majority owner-occupied, 30.3% of residents hold a bachelor's degree or higher.

Population

36,092

Median income

$84,164

Median age

36.2

Renters

35.5%

Age distribution

23.5%

24.1%

25.5%

15.6%

Under 1823.5%

18–3424.1%

35–5425.5%

55–6411.3%

65+15.6%

Gender

47.8%

52.2%

Male47.8%

Female52.2%

Race & ethnicity

85.4%

15.7%

White85.4%

Hispanic15.7%

Asian1.1%

Education (25+)

28.7%

34.2%

30.3%

No HS diploma6.8%

HS diploma28.7%

Some college34.2%

Bachelor's+30.3%

Housing tenure

64.5%

35.5%

Owner64.5%

Renter35.5%

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

2022 vs 2026

How Redmond, OR has changed in 5 years

Rent

$1,697 → $2,055

up 21.1%

Income

$70,129 → $84,164

up 20.0%

Population

33,160 → 36,092

up 8.8%

Renter share

34.5% → 35.5%

+1.0 pts

Bachelor's+

22.7% → 30.3%

+7.6 pts

Since 2022, the typical rent in Redmond, OR has climbed from $1,697 to $2,055, a 21.1% 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.

Community

Discussions about Redmond

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View Redmond rent history (2015–2026) →

Salary vs rent

Can you afford rent in Redmond on your salary?

At $2,055/mo, how Redmond rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 25.1% income

affordable

Elementary School Teacher

Avg $69,763/yr · Rent = 35.3% income

stretched

Police Officer

Avg $80,361/yr · Rent = 30.7% income

stretched

Software Developer

Avg $143,634/yr · Rent = 17.2% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 13.4% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 37.8% income

stretched

Truck Driver

Avg $58,978/yr · Rent = 41.8% income

rent-burdened

Electrician

Avg $72,696/yr · Rent = 33.9% income

stretched

By apartment size

Redmond rent by bedroom count

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

Local insights

Tips for renters in Redmond

About renting in Redmond, OR

Last updated: July 20, 2026

The median rent in Redmond is $2,055/mo as of July 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 29% 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.

FAQ

Frequently asked questions

Is Redmond an affordable city for renters?

Redmond is considered affordable for renters. At $2,055/mo, rent takes approximately 29% of the local median household income ($84,164/yr). The standard benchmark is 30%. Redmond falls comfortably within that range.

How much income do you need to rent in Redmond?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,055/mo in Redmond. The local median household income is $84,164/yr, meaning the typical Redmond household meets that threshold.

Is rent going up or down in Redmond?

Rent in Redmond has increased 2.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Redmond rent compare to other cities in Oregon?

Redmond is one of the pricier cities in Oregon for rent, ranking #9 out of 65 tracked cities at $2,055/mo.

Which nearby cities are cheaper to rent in than Redmond?

Several nearby cities have lower median rents than Redmond ($2,055/mo): Prineville ($1,641/mo), Sisters ($1,820/mo).

What percentage of Redmond residents rent vs. own?

According to Census data, approximately 35.5% of Redmond households are renters, while 64.5% are owner-occupied. Redmond leans toward homeownership, which can mean a smaller rental inventory.