The Veridian
2528 NW Campus Village Way,
Bend, OR 97703
1-3 Beds | $1,849 - $1,999
Rental Market Trends in Bend, OR
What is the average rent in Bend, OR?
$1,650/month
Average Rent
683 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of December 2024, the average rent in Bend, OR is $1,650 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Bend rent prices are 6% higher than the national average. When you rent an apartment in Bend, you can expect to pay about $1,630 per month for a studio, $1,650 for a one-bedroom apartment, and around $1,857 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,189 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bend, OR?
In the past year, rent has decreased by 0.7%, which averages out to $10 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Bend, OR
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
5%
$700 - $1,000/month
17%
$1,001 - $1,500/month
50%
$1,501 - $2,000/month
27%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bend?
Based on current rent prices, Southwest Bend, Old Farm District and Larkspur are the most affordable neighborhoods in Bend.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bend?
Based on current rent prices, Summit West, River West and Mountain View are the most expensive neighborhoods in Bend.
Neighborhood
Average Rent
Average Sq Ft
Which Bend neighborhoods have the most rentals available?
The neighborhoods in Bend with the most apartments available are Mountain View, Larkspur and River West .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bend, OR?
Because the average rent in Bend is $1,650, you’ll want to make about $5,500 per month or $66,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Bend, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Bend, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,157/month
$1,691/month
Two Bedroom
$1,659/month
$2,070/month
Three Bedroom
$1,894/month
-
Nearby City Rent Trends
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41
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28
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New Earth Residential
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.