Bend, OR
Deschutes County · Pop. 102,059
Ranked #206 of 243 cities
24Crisis
Median Home Price
🏠$620K
2.5% YoY
Median Rent
🔑$1,900
2.0% YoY
Median Income
💰$72K
Rent Burden
📊32.5%
% of income to rent
Income to Buy
🏦$178K
annual income needed
Income to Rent
📝$76K
annual income needed
Price-to-Income
⚖️8.6x
Homeownership
🏡58.0%
Rent vs. Buy
Buy
$3,300/mo
Est. mortgage (7%, 20% down)
Need $178K/yr income
Rent
$1,900/mo
Median rent
Need $76K/yr income
How Bend Compares
| Metric | Bend | Oregon | National |
|---|---|---|---|
| Home Price | $620K | $485K | $410K |
| Rent | $1,900 | $1,481 | $1,500 |
| Income | $72K | $80K | $75K |
| Rent Burden | 32.5% | 35.5% | 30.0% |
Key Takeaways
- • Home prices in Bend are 51% higher than the national average.
- • Rent is 27% higher than the national average.
- • You need an income of $178K to comfortably buy a home here.
- • The homeownership rate is 58.0%, compared to 65.0% nationally.