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These days, finding an affordable place to live in the Bend area can be challenging. Home prices in Bend are now at a median cost of $750,006, higher than the Oregon average of $502,078.
The average cost of rent is $2,075/mo in Bend, primarily driven by the current value of real estate in the Bend area. In Bend, 33.34% of households rent, and 32.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bend is $8,686 per month. Households that rent pay about 23.89% of their income on rent here. Bend’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Deschutes Junction, OR: less expensive homes
- Tumalo, OR: higher priced homes
- Pronghorn, OR: less expensive homes
- Sunriver, OR: equally priced homes
- Redmond, OR: less expensive homes
- Three Rivers, OR: less expensive homes
- Deschutes, OR: less expensive homes
- Sisters, OR: equally priced homes
- Millican, OR: equally priced homes
- Powell Butte, OR: equally priced homes
Cities with Similar Populations
- Stockton, CA: less expensive homes
- Stockbridge, GA: less expensive homes
- Sterling Heights, MI: less expensive homes
- St. Petersburg, FL: less expensive homes
- St. Peters, MO: less expensive homes
- Snellville, GA: less expensive homes
- Slidell, LA: less expensive homes
- Hampton, VA: less expensive homes
- High Point, NC: less expensive homes
- Hamilton, OH: less expensive homes
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