Bend
Oregon · Ranked #361 of 373 metros
25Crisis
💡
Housing in Bend costs 6.8× the median income, above the national average of 4.5×. The median home price is $623K and median rent is $1,725/month. Bend ranks #361 of 373 metros for affordability.
Median Home Price
🏠$623K
Need $187K income
Median Rent
🔑$1,725
Need $72K income
Housing Shortage
📉8,000
units needed
Building Permits
🔨1,867
annual
Median Income
💰$92K
Pop: 203,205
Rent Burden
⚠️35.0%
of renters paying >30%
Price Change (YoY)
📈+2.5%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bend | National |
|---|---|---|
| Price-to-Income Ratio | 6.8x | 6.1x |
| Rent Burden | 35.0% | 31.5% |
| Homeownership Rate | 72.0% | 65.5% |
| YoY Price Change | +2.5% | +3.5% |
| YoY Rent Change | +1.5% | +2.8% |
| Mortgage Denial Rate | 11.0% | 13.5% |
| Eviction Rate | 2.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +61.8%Since 2000: +315.7%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,362/mo
1 Bedroom$1,371/mo
2 Bedroom$1,784/mo
3 Bedroom$2,481/mo
4 Bedroom$2,993/mo
Zillow Market Data
Home Value (ZHVI)
$660K
1yr: -2.5%5yr: +27.5%
Rent (ZORI)
$2,145/mo
1yr: +3.6%5yr: +19.4%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$650K
Active Inventory
879
Days on Market
94
Sold Above List
11.9%
Price Drops
23.4%