Bend, Oregon Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Bend, Oregon rental market.
Bend, Oregon
Average Apartment Rent
$1,911
Y-o-Y Change in Average
Apartment Rent
3.6%
As of May 2026
Compared to a year ago, Bend, Oregon apartments have recorded a 3.6% rent increase.
Bend, Oregon Average apartment rent trend
Bend, Oregon Average Apartment Rent
Bend, Oregon Apartment rent ranges
At 61.68%, apartments priced $1,500 - $2,000 represent the bulk of Bend, Oregon rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.02%.
Bend, Oregon Housing tenure**
Renters take up 39% of Bend, Oregon real estate, occupying a total of 16,337 units, while homeowners live in 25,814 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$61,203
Average household size of renter-occupied housing units**
2.16
Rental vacancy rate**
3.5%
Bend, Oregon Renter-occupied housing units by no. of bedrooms**
There are 6,243 rentals in Bend, Oregon with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 90 units. Overall, the median number of rooms in Bend, Oregon homes for rent is 4.3.
Bend, Oregon Renter-occupied units by age of householder**
Most condos for rent in Bend, Oregon are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 5%.
Bend, Oregon Renter-occupied housing units by family type**
Bend, Oregon Renter-occupied housing units by the presence of own children**
A total of 6,900 apartments for rent in Bend, Oregon, or 42% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 3,825 units. All in all, the median size of a renter-occupied household in Bend, Oregon is 2.16.
Bend, Oregon Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Bend, Oregon.
Bend, Oregon Renter-occupied units by year structure built**
The highest share of Bend, Oregon apartment rentals, namely 27% or 4,464 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (19%, 3,069 units), and the ones Built 2010 - 2019 (18%, 2,984 units).
Bend, Oregon Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Bend, Oregon renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Bend, Oregon condos for rent is 2018.
Bend, Oregon Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Bend, Oregon renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 12% have 3 vehicles available.
Bend, Oregon Means of transportation to work of householders living in renter-occupied housing units**
Bend, Oregon Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Bend, Oregon apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
