Real Estate Investing in Redmond, Oregon

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 44,287 • Deschutes County

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Should you buy in Redmond, OR? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Redmond, OR?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.1% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $515,998
Avg Monthly Rent $2,077
ZIP Codes 1

Investing in Redmond Real Estate

Redmond, OR covers 1 ZIP codes and a population but the investment metrics here are lackluster — this is not a market to enter casually.

Across Redmond's 1 ZIPs, fundamentals run sluggish: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Redmond are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Oregon.

Distressed-leaning demographics in Redmond — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Bend, OR

Redmond is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Redmond, OR. Anonymous, moderated, never written by AI.

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Property managers serving Deschutes County

Manage rentals here? List your business →

Elevation Property Management. summary from their website

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Housing Works fosters dignity through housing and provides resources for finding rental and emergency housing, including new rental communities. summary from their website

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High Desert Property Management. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$515,998
Avg Monthly Rent
$2,077
1% Rule
✗ Below
Landlord Friendly (OR)

📉 Market Crash Risk Index

Based on Bend, OR metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
2/2
68 days

View all metro crash risk rankings →

❄️ Cool Market — Bend, OR metro
68
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Redmond, OR

Screen every ZIP in Redmond

Filter Redmond’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Redmond, OR

What is the median home value in Redmond, OR?

Redmond, OR median home values land near $516K. That is reasonable territory for investors looking at $2,077/mo-per-month rentals.

What is the renter demographic in Redmond, OR?

The renter base in Redmond, OR is reasonable for the $2,077/mo price point. Screening well and pricing to market typically yields stable tenants.

Is real estate in Redmond, OR a good investment right now?

Our data puts Redmond, OR at 3.0/5 for investability. Home prices of $516K and rents around $2,077/mo create a solid backdrop for investor activity.

What is the average monthly rent in Redmond, OR?

The typical rental in Redmond, OR commands about $2,077/mo monthly. That rent profile predictable cash flow against the $516K purchase basis.

How do landlord-tenant laws work in Redmond, OR?

The landlord environment in Redmond, OR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Community Ratings

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