RentDataNowRentDataNow
ZIP Code · OR

ZIP 97703

Part of Bend, OR
Pop. 34,108·Deschutes County·3rd most expensive ZIP in Oregon
Median rent (all units)
$2,701/mo
Year-over-Year
+19.8%
Month-over-Month
+6.0%
vs US Median
+$736
Rising (Monthly)
Be the first to discuss 97703 rents ↓
Most AffordableMost Expensive
ZIP 97703 · $2,701
More expensive than 84% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,500
1 BR
$1,510
2 BR
$1,970
3 BR
$2,740
4 BR+
$3,300
Research median
$1,970/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
$32,412/yr
At $2,701/mo median
Location
CityBend
StateOR
CountyDeschutes County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.8% YoY, +6.0% MoM), not inventory.
Demographics

Who lives here

ZIP 97703 (Bend, OR) is majority owner-occupied, has a large retiree population, has a median income above the national average, 62.2% of residents hold a bachelor's degree or higher.

Population
34,108
Median income
$120,841
Median age
46
Renters
23%
Age distribution
16.2%
18.5%
28.6%
15.1%
21.6%
Under 1816.2%
18–3418.5%
35–5428.6%
55–6415.1%
65+21.6%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
87.2%
White87.2%
Hispanic5.5%
Asian1.6%
Other5.5%
Education (25+)
26.1%
62.2%
No HS diploma1%
HS diploma10.6%
Some college26.1%
Bachelor's+62.2%
Housing tenure
77%
23%
Owner77%
Renter23%

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

2021 vs 2026

How ZIP 97703 in Bend, OR has changed in 5 years

Rent
$1,910 → $2,701
up 41.4%
Income
$99,930 → $120,841
up 20.9%
Population
32,918 → 34,108
up 3.6%
Renter share
24.7% → 23%
-1.7 pts
Bachelor's+
58.6% → 62.2%
+3.6 pts
Median age
43.7 → 46
+2.3 yrs

Compared with 2021, rent in ZIP 97703 in Bend, OR has increased by $791 per month, settling near $2,701 after starting the period at $1,910. Local incomes tracked alongside that move, going from a median of $99,930 in 2021 to $120,841 more recently. Rent outpaced income growth by roughly 20.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 32,918 to 34,108 between 2021 and 2024, a 3.6% change. About 23% of households rent today, against 24.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 58.6% to 62.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 97703 in Bend, OR market of 2021.

Community

Discussions about ZIP 97703

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 97703

About renting in ZIP 97703

Last updated: July 20, 2026

ZIP code 97703 covers Bend, OR. The median rent here is $2,701/mo as of July 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,970/mo.

At 27% of local median household income ($120,841/yr), ZIP 97703 ranks as affordable compared to the national benchmark of 30%. Rents have increased 19.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97703?

As of July 20, 2026, the median monthly rent in ZIP 97703 (Bend, OR) is $2,701. This is based on aggregated data from public sources and community submissions.

How does ZIP 97703 rent compare to the US average?

ZIP 97703's median rent of $2,701/mo is $736 (37%) above the US national median of $1,965/mo.

How does ZIP 97703 compare to other ZIPs in Oregon?

ZIP 97703 is one of the pricier ZIP codes in Oregon, ranking #3 out of 116 ZIPs tracked at $2,701/mo.

How much income do you need to rent in ZIP 97703?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (~$52/hour full-time) to afford the median rent of $2,701/mo in ZIP 97703. The local median household income is $120,841/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97703?

Rent in ZIP 97703 has increased 19.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97703 an affordable place to rent?

ZIP 97703 is considered affordable for renters. At $2,701/mo, rent takes approximately 27% of the local median household income ($120,841/yr). The standard benchmark is 30%. ZIP 97703 falls comfortably within that range.

What percentage of ZIP 97703 residents rent vs. own?

According to Census data, approximately 23% of ZIP 97703 households are renters, while 77% are owner-occupied. ZIP 97703 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97703 compare to the rest of Bend?

ZIP 97703 is pricier than Bend as a whole. At $2,701/mo, it's $401 above the Bend citywide median of $2,300/mo.

When was rent data for ZIP 97703 last updated?

Rent data for ZIP 97703 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,701/mo, rent takes ~27% of ZIP 97703's median household income ($120,841/yr). The standard benchmark is 30%.

ZIP 97703 27%Benchmark 30%
State income tax4.75–9.9%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 97703 (Bend, OR)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.