Greater Redmond, 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 Greater Redmond, Oregon rental market.
Greater Redmond, Oregon
Average Apartment Rent
$2,011
Y-o-Y Change in Average
Apartment Rent
1.3%
As of March 2026
Compared to a year ago, Greater Redmond, Oregon apartments have recorded a 1.3% rent increase.
Greater Redmond, Oregon Average apartment rent trend
Greater Redmond, Oregon Average Apartment Rent
Greater Redmond, Oregon Apartment rent ranges
At 44.33%, apartments priced $2,000 - $2,500 represent the bulk of Greater Redmond, Oregon rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 8.08%.
Greater Redmond, Oregon Housing tenure**
Renters take up 36% of Greater Redmond, Oregon real estate, occupying a total of 4,658 units, while homeowners live in 8,367 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$53,146
Average household size of renter-occupied housing units**
2.68
Rental vacancy rate**
0.9%
Greater Redmond, Oregon Renter-occupied housing units by no. of bedrooms**
There are 1,995 rentals in Greater Redmond, Oregon with 3 beds making up the highest share of the market, at 43%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 150 units. Overall, the median number of rooms in Greater Redmond, Oregon homes for rent is 4.3.
Greater Redmond, Oregon Renter-occupied units by age of householder**
Most condos for rent in Greater Redmond, Oregon are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.
Greater Redmond, Oregon Renter-occupied housing units by family type**
Greater Redmond, Oregon Renter-occupied housing units by the presence of own children**
A total of 2,342 apartments for rent in Greater Redmond, Oregon, or 50% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 1,456 units. All in all, the median size of a renter-occupied household in Greater Redmond, Oregon is 2.68.
Greater Redmond, Oregon Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Greater Redmond, Oregon.
Greater Redmond, Oregon Renter-occupied units by year structure built**
The highest share of Greater Redmond, Oregon apartment rentals, namely 30% or 1,388 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (16%, 750 units), and the ones Built 2000 - 2009 (15%, 680 units).
Greater Redmond, Oregon Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Greater Redmond, Oregon renters (48%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Greater Redmond, Oregon condos for rent is 2017.
Greater Redmond, Oregon Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Greater Redmond, Oregon renters have 2 vehicles available per household, 27% of them have 1 vehicle available, and 16% have No vehicle available.
Greater Redmond, Oregon Means of transportation to work of householders living in renter-occupied housing units**
Greater Redmond, 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 Greater Redmond, 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
