House Charts

Bend, OR Housing Market: Home Prices & Rent

Updated September 2026 data · metro area
Bend, OR home values are down 0.7% over the past year, to a typical $658k - 8% below the June 2022 peak. Typical rent is $2,218 a month (+3.2% in a year).
Typical home value
$658k
-0.7% (-$4,323) in 12 months
From the peak
-8%
Peak $714k, Jun 2022
Since Dec 2019
+51%
from $436k
Typical rent
$2,218/mo
+3.2% in 12 months
Income needed to buy
$169k/yr
20% down, 30% of income
Days to go under contract
67
September 2026

Bend, OR home values since 2000

$200k$400k$600k2000200420082012201620202024Peak $714k (Jun 2022)Now $658k

Last few years

$400k$500k$600k$700k20192020202120222023202420252026Peak $714k (Jun 2022)Now $658k

Rent in Bend, OR

$1,000$1,500$2,000201520172019202120232025Now $2,218

Owning vs renting, monthly

Buying the typical Bend, OR home with 20% down at this week's 7.32% 30-year rate costs about $4,442/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,218/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

Bend, OR vs Oregon vs the U.S.

Typical home12-month changeTypical rent
This metro$658k-0.7%$2,218/mo
Oregon$493k+0.0%-
United States$366k+1.2%$1,932/mo

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Common questions

Are home prices falling in Bend, OR?

Yes - the typical Bend, OR-area home value is down 0.7% over the past 12 months, at $658k (September 2026). Values are 8% below their June 2022 peak of $714k.

Is the Bend, OR housing market crashing?

Home values are 8% below their June 2022 peak and down 0.7% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Bend, OR?

Typical rent in the Bend, OR metro is $2,218 a month (September 2026), +3.2% over 12 months.

How much income do you need to buy a home in Bend, OR?

About $169k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).

Nearby and similar metros

Portland, OR · Salem, OR · Eugene, OR · Bridgeport, CT · Bozeman, MT · Flagstaff, AZ · Boulder, CO

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Bend, OR metro area. How we calculate.