BRRRR ★ MARKETS
22STAR SCORE

Bend, OR rental market data (2026)

As of September 2026, the typical home in the Bend metro costs $658,500 and typical rent is $2,218/month — a price-to-rent ratio of 25 and a gross rental yield of 4.0%. Bend scores 22/100 on the Star Score index, ranking #174 of 174 tracked US rental markets.

The Bend metro posts a price-to-rent ratio of 25 on a typical home value of $658,500 and typical rent of $2,218/month — a gross rental yield of 4.0% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$658,500
Typical rent (ZORI)$2,218/mo
Price-to-rent ratio25
Gross rental yield4.0%
Star Score22/100 ★☆☆☆☆
Rank among tracked markets#174 of 174
Your buying power in Bend

Why Bend scores 22

FactorScoreWeight
Gross yield035%
Entry price (vs $100K reference budget)015%
Landlord-friendliness4015%
Equity growth815%
Property-tax drag (inverted)7110%
Climate & insurance risk (inverted)7510%

More context: Living in Bend — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Bend flagged 2026-10-22

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

19717 Sw Mt Bachelor Dr, Unit 328A, Bend, OR 97702 ★ 100
$79,000 · 2bd 2ba · 1,194 sqft
est. 30.0% under market · modeled rent $1,890/mo (28.7% yield)
Motivation 100 · Stale listing375 days on marketfind listing →
18575 Sw Century Dr, Unit 2125, Bend, OR 97702 ★ 100
$125,000 · 1bd 2ba · 716 sqft
est. 30.0% under market · modeled rent $1,330/mo (12.8% yield)
Motivation 100 · Condition discount (hypothesis)−42.9% price cut230 days on marketfind listing →
18575 Sw Century Dr, Unit 2135, Bend, OR 97702 ★ 100
$165,000 · 1bd 1ba · 716 sqft
est. 30.0% under market · modeled rent $1,330/mo (9.7% yield)
Motivation 100 · Condition discount (hypothesis)−25.0% price cut216 days on marketfind listing →
1050 Ne Butler Market Rd, Apt 29, Bend, OR 97701 ★ 100
$315,000 · 2bd 2.5ba · 1,650 sqft
est. 30.0% under market · modeled rent $2,610/mo (9.9% yield)
Motivation 58 · Condition discount (hypothesis)63 days on marketfind listing →
1050 Ne Butler Market Rd, Apt 37, Bend, OR 97701 ★ 100
$298,000 · 2bd 2.5ba · 1,650 sqft
est. 30.0% under market · modeled rent $2,610/mo (10.5% yield)
Motivation 60 · Condition discount (hypothesis)62 days on marketfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

Investor-friendly agent working Bend? Become this market's Featured Agent →

Assumable-mortgage pocket: 16.7% of OR's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Bend in the BRRRR & rehab calculator. Run a rehab crew in Bend? Founding crews list free →

Frequently asked questions

Is Bend a good market for rental property in 2026?

Bend scores 22/100 on the Star Score index (#174 of 174 tracked markets), with a gross rental yield of 4.0% at September 2026 prices. At current prices it works better as a place to live than a place to snowball rental equity.

What is the price-to-rent ratio in Bend?

25 — the typical home value ($658,500) divided by a year of typical rent ($2,218/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Bend a good BRRRR market in 2026?

With a typical home at $658,500 and rent of $2,218/month (4.0% gross yield), Bend can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Bend home earn?

Typical asking rent in the Bend metro is $2,218 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.