Bend, OR Metro Area - Investment Guide
Metro Area • 4 Cities • 8 ZIP Codes
Avg Home Value
$667,213
Avg Monthly Rent
$2,075
Avg Cap Rate
2.54%
Avg Investability
2.4 ★
Cities
4
ZIP Codes
8
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Bend, OR Metro Area
More inventory, negotiating room for buyers
68 days
Average time to sell
Slow
9.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Bend, OR
Every ZIP in the metro, ranked four ways. Free.
Cities in Bend, OR
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 97760 | Terrebonne | OR | $568,025 | $1,458 | 2.00% | |
| 97703 | Bend | OR | $1,025,094 | $2,701 | 2.06% | |
| 97739 | La Pine | OR | $409,198 | $2,008 | 3.83% | |
| 97701 | Bend | OR | $605,662 | $2,091 | 2.69% | |
| 97702 | Bend | OR | $679,273 | $2,324 | 2.67% | |
| 97756 | Redmond | OR | $517,437 | $2,033 | 3.06% | |
| 97703 | Bend | OR | $999,637 | $2,524 | 1.97% | |
| 97707 | Bend | OR | $733,435 | $1,845 | 1.96% | |
| 97739 | La Pine | OR | $403,710 | $1,359 | 2.63% | |
| 97701 | Bend | OR | $613,014 | $2,125 | 2.70% | |
| 97756 | Redmond | OR | $509,981 | $2,146 | 3.28% | |
| 97702 | Bend | OR | $687,907 | $2,288 | 2.59% | |
| 97759 | Sisters | OR | $791,860 | $2,340 | 2.31% | |
| 97760 | Terrebonne | OR | $575,010 | $1,458 | 1.98% | |
| 97739 | La Pine | OR | $410,962 | $1,839 | 3.49% | |
| 97701 | Bend | OR | $605,662 | $2,091 | 2.69% | |
| 97702 | Bend | OR | $679,273 | $2,324 | 2.67% | |
| 97756 | Redmond | OR | $516,140 | $1,980 | 2.99% | |
| 97703 | Bend | OR | $999,637 | $2,524 | 1.97% | |
| 97759 | Sisters | OR | $791,423 | $1,930 | 1.90% | |
| 97760 | Terrebonne | OR | $584,961 | $1,458 | 1.94% | |
| 97707 | Bend | OR | $733,435 | $1,845 | 1.96% | |
| 97739 | La Pine | OR | $403,710 | $1,359 | 2.63% | |
| 97701 | Bend | OR | $611,708 | $2,146 | 2.74% | |
| 97756 | Redmond | OR | $509,981 | $2,146 | 3.28% | |
| 97702 | Bend | OR | $685,939 | $2,281 | 2.59% | |
| 97759 | Sisters | OR | $791,860 | $2,340 | 2.31% | |
| 97760 | Terrebonne | OR | $575,010 | $1,458 | 1.98% | |
| 97703 | Bend | OR | $1,015,230 | $2,451 | 1.88% | |
| 97739 | La Pine | OR | $407,929 | $1,718 | 3.28% | |
| 97756 | Redmond | OR | $515,361 | $1,999 | 3.03% | |
| 97759 | Sisters | OR | $789,802 | $2,048 | 2.02% | |
| 97760 | Terrebonne | OR | $578,630 | $1,458 | 1.97% | |
| 97701 | Bend | OR | $604,995 | $2,123 | 2.74% | |
| 97739 | La Pine | OR | $407,008 | $2,008 | 3.85% | |
| 97702 | Bend | OR | $677,840 | $2,237 | 2.57% | |
| 97756 | Redmond | OR | $515,998 | $2,077 | 3.14% | |
| 97703 | Bend | OR | $996,190 | $2,338 | 1.83% | |
| 97759 | Sisters | OR | $789,642 | $2,059 | 2.03% | |
| 97707 | Bend | OR | $726,220 | $1,845 | 1.98% | |
| 97739 | La Pine | OR | $402,990 | $1,359 | 2.63% | |
| 97701 | Bend | OR | $612,502 | $2,103 | 2.68% | |
| 97756 | Redmond | OR | $511,028 | $2,069 | 3.16% | |
| 97702 | Bend | OR | $686,429 | $2,347 | 2.67% | |
| 97759 | Sisters | OR | $776,373 | $2,076 | 2.09% | |
| 97707 | Bend | OR | $741,296 | $1,845 | 1.94% | |
| 97759 | Sisters | OR | $791,764 | $1,820 | 1.79% | |
| 97760 | Terrebonne | OR | $587,142 | $1,458 | 1.94% | |
| 97703 | Bend | OR | $1,021,211 | $2,549 | 1.95% | |
| 97707 | Bend | OR | $740,967 | $1,845 | 1.94% |
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About Bend, OR Real Estate Market
The Bend, OR metropolitan statistical area (MSA) encompasses 4 cities and 8 ZIP codes. The average home value across the metro is $667,213, with an average monthly rent of $2,075. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.