Bend, Oregon.
Typical home $721,430 (-0.6% in a year), asking rent $2,284 (+3.1%). Bend, OR metro.
to buy the typical home at today's mortgage rate — +$2,021 (+114%) since Jan 2020.
- 1 year
- Down $4,318 -1%
- $725,747$721,430 since Sep 2025
- 5 years
- Up $24,401 +4%
- $697,029$721,430 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bend$3,787
- Oregon$2,586
- United States$1,922
Typical home values in Bend, OR fell 0.6% over the past year — slower than the nation's +1.2%.
Asking rents in Bend, OR rose 3.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Bend runs $2,626/mo more than renting one. The gap peaked at $3,112 in Oct 2023.
That is $4,911 a month against $2,284 rent: a $3,787 mortgage payment, plus $352 property tax and $772 insurance & upkeep.
Owning vs renting — Bend
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,911
- Renting$2,284
- Mortgage only$3,787
Property tax · $352/mo 0.58% of value a year — the ACS 2020-2024 median bill over the median home value for Deschutes County, OR
Insurance & upkeep · $772/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Bend, Deschutes County, Oregon
Bend is a city of 99,178 people in Deschutes County. Half its households earn more than $96,394 a year and half less, against $92,758 across Deschutes County; 9% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Bend was 4.2% in August 2026, and Deschutes County had 0.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bend is a city where most homes are lived in by their owners, though homes here cost a good deal and rents are high. Household incomes run a little above the county's, and a large share of adults hold a four-year degree. Residents are somewhat older than the typical American, and winters are cold and snowy while summers are warm.
Work. Most residents work in schools, hospitals and social care, professional and business services, shops, or restaurants, hotels and entertainment. Among the largest workplaces in Bend are St. Charles Medical Center, the Bend-La Pine school district and Deschutes County. The commute is short, and many people work from home.
Things to do. In or beside town, Drake Park is a park and the Deschutes River Trail follows the river, while the Tower Theatre is a theatre for an evening out. A short drive away, Benham Falls is a waterfall, and Tumalo State Park is a protected area. Deschutes National Forest, a longer drive away, offers more room to roam.
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- 44,436households
- 53%of adults have a degree
- 9%below the poverty line
- 16 mintypical commute
- 25%work from home
What residents work in
Employed residents by industry, from the Census survey. Deschutes County had 93,998 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 41° and lows near 23°; warmest in July, with highs near 84° and lows near 49°. About 22 inches of snow and 11 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bend weather station, a mile away (NOAA).
Largest workplaces in Bend
- St Charles Medical CenterGeneral hospital2,092FTE
- Bend-LaPine Administrative SD 1School district1,995FTE
- Deschutes CountyAdministration of public health programs444
- Lonza BendPharmaceutical preparations manufacturing439
- Les SchwabAutomotive tire dealers422
- WalmartWarehouse clubs and supercenters281
- Planned Parenthood Columbia-WillametteReproductive health services centers274
- UPSCouriers and express delivery services273
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 93 workplaces with 20 or more staff, 13,365 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Winter weatherRelatively high
- AvalanchesRelatively moderate
- HailRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bend’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Deschutes County and the Bend, OR metro.
Bend home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bend$721,430
- Oregon$492,753
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Bend listings, and the typical home goes pending in 36 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Bend30.61%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Bend36
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bend1,070
New listings per month
Sellers arriving at the market.
- Bend247
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Bend$774,798
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Bend98.37%
Zip codes with a Bend address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bend — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Bend
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 97702 | Bend | 54,657 | $2,257 | $676,052 |
| 97701 | Bend | 43,293 | $2,110 | $598,591 |
| 97703 | Bend | 34,108 | $2,724 | $994,140 |
| 97707 | Bend | 6,661 | $2,648 | $723,467 |