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ZIP Code · OR

ZIP 97702

Part of Bend, OR
Pop. 54,657·Deschutes County·6th most expensive ZIP in Oregon
Median rent (all units)
$2,347/mo
Year-over-Year
+6.0%
Month-over-Month
+2.6%
vs US Median
+$382
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97702 · $2,347
More expensive than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,470
2 BR
$1,910
3 BR
$2,660
4 BR+
$3,200
Research median
$1,910/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
$28,164/yr
At $2,347/mo median
Location
CityBend
StateOR
CountyDeschutes County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.0% YoY, +2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97702 (Bend, OR) is majority owner-occupied, has a large retiree population, has a median income above the national average, 48.4% of residents hold a bachelor's degree or higher.

Population
54,657
Median income
$96,112
Median age
42.8
Renters
28.5%
Age distribution
19.5%
18.7%
28.6%
12.7%
20.5%
Under 1819.5%
18–3418.7%
35–5428.6%
55–6412.7%
65+20.5%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
86.4%
White86.4%
Hispanic9.9%
Asian0.8%
Other2.7%
Education (25+)
18.2%
29.7%
48.4%
No HS diploma3.7%
HS diploma18.2%
Some college29.7%
Bachelor's+48.4%
Housing tenure
71.5%
28.5%
Owner71.5%
Renter28.5%

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

2021 vs 2026

How ZIP 97702 in Bend, OR has changed in 5 years

Rent
$1,959 → $2,347
up 19.8%
Income
$74,190 → $96,112
up 29.5%
Population
50,767 → 54,657
up 7.7%
Renter share
30.5% → 28.5%
-2.0 pts
Bachelor's+
39.9% → 48.4%
+8.5 pts
Median age
41.5 → 42.8
+1.3 yrs

The median rent in ZIP 97702 in Bend, OR stood at $1,959 in 2021 and currently runs about $2,347, reflecting a 19.8% increase over the period. Census figures show median household income at $96,112 today, compared with $74,190 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 7.7% since 2021, moving from about 50,767 residents to roughly 54,657. Renters now make up 28.5% of households, compared with 30.5% five years ago. College-educated residents now make up 48.4% of adults here, versus 39.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 97702

About renting in ZIP 97702

Last updated: July 20, 2026

ZIP code 97702 covers Bend, OR. The median rent here is $2,347/mo as of July 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,910/mo.

At 29% of local median household income ($96,112/yr), ZIP 97702 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97702?

As of July 20, 2026, the median monthly rent in ZIP 97702 (Bend, OR) is $2,347. This is based on aggregated data from public sources and community submissions.

How does ZIP 97702 rent compare to the US average?

ZIP 97702's median rent of $2,347/mo is $382 (19%) above the US national median of $1,965/mo.

How does ZIP 97702 compare to other ZIPs in Oregon?

ZIP 97702 is one of the pricier ZIP codes in Oregon, ranking #6 out of 116 ZIPs tracked at $2,347/mo.

How much income do you need to rent in ZIP 97702?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,347/mo in ZIP 97702. The local median household income is $96,112/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97702?

Rent in ZIP 97702 has increased 6.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97702 an affordable place to rent?

ZIP 97702 is considered affordable for renters. At $2,347/mo, rent takes approximately 29% of the local median household income ($96,112/yr). The standard benchmark is 30%. ZIP 97702 falls comfortably within that range.

What percentage of ZIP 97702 residents rent vs. own?

According to Census data, approximately 28.5% of ZIP 97702 households are renters, while 71.5% are owner-occupied. ZIP 97702 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97702 compare to the rest of Bend?

ZIP 97702 is pricier than Bend as a whole. At $2,347/mo, it's $47 above the Bend citywide median of $2,300/mo.

When was rent data for ZIP 97702 last updated?

Rent data for ZIP 97702 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,347/mo, rent takes ~29% of ZIP 97702's median household income ($96,112/yr). The standard benchmark is 30%.

ZIP 97702 29%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97702 (Bend, OR)

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