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Cost of Living in Bend, OR

Population 103,390 · Census ACS 2020–2024 5-year estimates

Median rent$1,883
Median home value$718,400
Median household income$96,394

The median rent in Bend, OR is $1,883/month, 23% higher than the Oregon median and 33% higher than the U.S. median. The median home value is $718,400, 116% higher than the national median. Households earn a median of $96,394 a year, 16% higher than the state median.

Affordability

Rent as a share of median income: 23.4%
Income needed for median rent (30% rule): $75,320/yr
Home price-to-income ratio: 7.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,633/mo

Run your own numbers: mortgage calculator · hourly to salary

Bend vs. Oregon vs. U.S.

BendOregonU.S.
Median rent$1,883$1,525$1,413
Median home value$718,400$477,600$332,700
Median household income$96,394$83,011$80,734
Homeownership rate61.7%63.3%65.2%
Bachelor's degree or higher52.9%36.8%35.7%
Poverty rate8.8%11.9%12.5%
Unemployment rate3.7%5.4%5.2%
Work from home24.8%19.0%15.1%
Median age40.940.438.9

FAQ

What is the average rent in Bend, OR?

The median gross rent in Bend, OR is $1,883 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bend, OR?

Using the common 30% rule, renting a median-priced home takes about $75,320 a year in gross income.

Is Bend, OR expensive to live in?

Rent there is 33% higher than the U.S. median, and the median home costs about 7.5 times the median household income.

Other cities in Oregon

Portland, ORRent $1,655 · Income $90,919Eugene, ORRent $1,402 · Income $66,562Salem, ORRent $1,400 · Income $75,487Gresham, ORRent $1,586 · Income $77,795Hillsboro, ORRent $1,978 · Income $106,409Beaverton, ORRent $1,826 · Income $98,622

Cities with a similar cost of living

Bonita Springs, FLRent $1,882 · Income $95,210Whittier, CARent $1,906 · Income $97,201Owings Mills, MDRent $1,841 · Income $96,243Peoria, AZRent $1,843 · Income $95,815Montgomery Village, MDRent $1,916 · Income $95,348Fairland, MDRent $1,894 · Income $98,800

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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