Rental numbers for the Bend, OR metro
The typical home here runs -$2,610 a month at 7.78% with 25% down. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.1%.
- Gross yield
- 4.0%
- typical home, Zillow
- Median ZIP yield
- 4.1%
- 7 ZIPs with full data
- Cash flow
- -$2,610/mo
- at 7.78%, 25% down
- Typical price
- $664,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,223/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
8 with published figures
| 97739La Pine | $403,000 | $2,066 | 6.2% | 3.6% | -$967 | n/a |
| 97756Redmond | $510,000 | $2,068 | 4.9% | 2.3% | -$1,760 | +3.9% |
| 97701Bend | $604,000 | $2,098 | 4.2% | 1.9% | -$2,308 | +3.1% |
| 97707Bend | $732,000 | $2,500 | 4.1% | 1.8% | -$2,818 | n/a |
| 97702Bend | $680,000 | $2,278 | 4.0% | 1.8% | -$2,658 | +3.3% |
| 97759Sisters | $782,000 | $2,277 | 3.5% | 1.3% | -$3,368 | n/a |
| 97760Terrebonne | $580,000 | $1,620* | 3.4% | 1.1% | -$2,585 | n/a |
| 97703Bend | $1,012,000 | $2,742 | 3.3% | 1.1% | -$4,497 | +4.2% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.8%
- Rent, 12 months
- +3.6%
- Rent minus price growth
- +4.4 pts
- Property tax
- 0.58%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $628,954 | $2,013 |
| Aug 2022 | $711,419 | $2,042 |
| Aug 2023 | $670,292 | $2,068 |
| Aug 2024 | $689,009 | $2,114 |
| Aug 2025 | $669,503 | $2,146 |
| Aug 2026 | $663,933 | $2,223 |
Counties
- Deschutes County, OR4.1% median yield
- Jefferson County, OR5.0% median yield
Tools
Questions
- Is the Bend, OR metro good for rental property?
- The typical home here runs -$2,610 a month at 7.78% with 25% down. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Bend, OR metro have the highest rental yield?
- 97739 (La Pine) at 6.2%, 97756 (Redmond) at 4.9%, 97701 (Bend) at 4.2%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.