Logo Bend-Redmond Fair Market Rent FY 2024 Bend-Redmond, OR MSA Rental Data

Fair Market Rent Prices in Bend-Redmond, OR :
$1,117 $1,283 $1,623 $2,287 $2,754
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Bend-Redmond are very high compared to the national average. This FMR area is more expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bend-Redmond is $1,623 per month.

The previous year, rent for a two-bedroom home was $1,492 per month. This is a 8.78% increase year-over-year.

This FMR rate applies to Brothers, OR, Sisters, OR, La Pine, OR, Bend, OR and other cities within the region. The Metro Code or CBSA code for this region is METRO13460M13460.

Additionally, This Fair Market Rent (FMR) area Bend-Redmond, OR MSA spans one county or city in Oregon which is listed in the table below. Estimated population of Bend-Redmond, OR MSA FMR area is 191,749 people based on latest Census data.

Compared to the rest of Oregon, the Bend-Redmond FMR area is more expensive than 93% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bend-Redmond. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bend-Redmond

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1220
1-BR 1-Bedroom $ 1401
2-BR 2-Bedroom $ 1773
3-BR 3-Bedroom $ 2499
4-BR 4-Bedroom $ 3009
Change Year:

There is just one county (listed below) within the Bend-Redmond, OR MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Bend, Or.

County / Region Est. Population
Bend-Redmond, OR Metro 191,749
Zip Codes in Bend-Redmond, OR MSA

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

97702, 97707, 97708, 97709, 97712, 97739 and 97759

Lookup Fair Market Rent by Zip Code