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ZIP Code · OR

ZIP 97701

Part of Bend, OR
Pop. 43,293·Deschutes County·13th most expensive ZIP in Oregon
Median rent (all units)
$2,103/mo
Year-over-Year
+2.8%
Month-over-Month
-1.0%
vs US Median
+$138
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97701 · $2,103
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,380
2 BR
$1,790
3 BR
$2,490
4 BR+
$3,000
Research median
$1,790/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,236/yr
At $2,103/mo median
Location
CityBend
StateOR
CountyDeschutes County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.8% YoY, -1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 97701 (Bend, OR) is roughly split between renters and owners, 44% of residents hold a bachelor's degree or higher.

Population
43,293
Median income
$87,739
Median age
38.5
Renters
46%
Age distribution
20.3%
24%
27.6%
17.6%
Under 1820.3%
18–3424%
35–5427.6%
55–6410.6%
65+17.6%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
87.3%
White87.3%
Black0.8%
Hispanic10.1%
Asian1.4%
Education (25+)
17.8%
32.8%
44%
No HS diploma5.4%
HS diploma17.8%
Some college32.8%
Bachelor's+44%
Housing tenure
54%
46%
Owner54%
Renter46%

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

2021 vs 2026

How ZIP 97701 in Bend, OR has changed in 5 years

Rent
$1,861 → $2,103
up 13.0%
Income
$68,243 → $87,739
up 28.6%
Population
40,835 → 43,293
up 6.0%
Renter share
43.1% → 46%
+2.9 pts
Bachelor's+
38.3% → 44%
+5.7 pts
Median age
36.8 → 38.5
+1.7 yrs

Five years ago, renters in ZIP 97701 in Bend, OR paid around $1,861 a month. That figure now sits near $2,103, up 13.0% from the 2021 baseline. On the earnings side, the typical household in ZIP 97701 in Bend, OR now reports about $87,739, up from $68,243 in 2021. 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 ZIP 97701 in Bend, OR adding about 2,458 residents over the five-year window, up 6.0% on net. The renter share has risen from 43.1% to 46%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 38.3% to 44% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 97701 in Bend, OR reflects that arc in its own way.

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Local insights

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About renting in ZIP 97701

Last updated: July 20, 2026

ZIP code 97701 covers Bend, OR. The median rent here is $2,103/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,790/mo.

At 29% of local median household income ($87,739/yr), ZIP 97701 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97701?

As of July 20, 2026, the median monthly rent in ZIP 97701 (Bend, OR) is $2,103. This is based on aggregated data from public sources and community submissions.

How does ZIP 97701 rent compare to the US average?

ZIP 97701's median rent of $2,103/mo is $138 (7%) above the US national median of $1,965/mo.

How does ZIP 97701 compare to other ZIPs in Oregon?

ZIP 97701 is one of the pricier ZIP codes in Oregon, ranking #13 out of 116 ZIPs tracked at $2,103/mo.

How much income do you need to rent in ZIP 97701?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,103/mo in ZIP 97701. The local median household income is $87,739/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97701?

Rent in ZIP 97701 has increased 2.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97701 an affordable place to rent?

ZIP 97701 is considered affordable for renters. At $2,103/mo, rent takes approximately 29% of the local median household income ($87,739/yr). The standard benchmark is 30%. ZIP 97701 falls comfortably within that range.

What percentage of ZIP 97701 residents rent vs. own?

According to Census data, approximately 46% of ZIP 97701 households are renters, while 54% are owner-occupied. ZIP 97701 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97701 compare to the rest of Bend?

ZIP 97701 is more affordable than Bend overall. At $2,103/mo, it's $197 below the Bend citywide median of $2,300/mo.

When was rent data for ZIP 97701 last updated?

Rent data for ZIP 97701 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,103/mo, rent takes ~29% of ZIP 97701's median household income ($87,739/yr). The standard benchmark is 30%.

ZIP 97701 29%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97701 (Bend, OR)

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