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Average Rent in Bend 97701 & Rent Trends

Rent prices and market trends across 11 apartment communities in Bend 97701, Bend, OR. Updated daily.

Area All Areas
Bend 9770197702

Market Average

$2,032/mo

▼ 4.6% from last month

Lowest Available

$1,440/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

51

available now

Price Cuts This Week in Bend 97701

5 listed units across 3 buildings in Bend 97701 dropped their asking rent in the past 7 days, an average cut of $95/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Range Apartments Unit 9 $2,195 $1,995 $200
My Lucky House Unit a77d44e9-739d-40c4-b3c7-34d2eafac2bc $2,495 $2,395 $100
Range Apartments Unit 8 $2,095 $1,995 $100
Red Hawk and Laurel Grey Unit 2353-120, 2x2 - B1 $2,197 $2,149 $48
Red Hawk and Laurel Grey Unit 2343-308, 1x1 - A1 $1,720 $1,695 $25
See today's prices on all 51 listed units

Bend 97701 vs Bend, OR Average

Bend 97701 is cheaper than the Bend, OR average by $27/mo (1%). The citywide average is $2,059/mo across all neighborhoods.

Is Rent Going Up or Down in Bend 97701?

As of August 2026, the average rent in Bend 97701 is $2,032 per month across 11 apartment communities and 51 available units. Rents have decreased $92 (4.6%) over the past month.

The most affordable option is Lakeside Place starting at $1,440/mo. By unit type, a studio averages $1,510/mo, a 1-bedroom averages $1,779/mo, a 2-bedroom averages $2,216/mo, a 3-bedroom averages $2,522/mo, a 4-bedroom averages $5,495/mo.

Prices range from $1,440 to $5,495 per month. The most common price point is the $1,600 range, where 16 units are currently listed.

Bend 97701 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,980 - 12
August 2026 $1,974 -$6 13

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Bend 97701

Studio
$1,510
from $1,440 · 4 units
1 Bed
$1,779
from $1,470 · 26 units
2 Bed
$2,216
from $1,482 · 15 units
3 Bed
$2,522
from $2,229 · 5 units
4 Bed
$5,495
from $5,495 · 1 units

Rent Prices by Apartment in Bend 97701

Property Starting at Average Units Rating
Lakeside Place $1,440/mo $1,510/mo 4 3.5
Empire Village Townhomes $1,470/mo $1,470/mo 1 3.9
Vintage at Bend $1,482/mo $1,482/mo 1 3.9
The Reserves at Pilot Butte Apartments $1,603/mo $1,916/mo 2 4.3
Peak42 $1,615/mo $1,643/mo 4 4
Red Hawk and Laurel Grey $1,625/mo $1,829/mo 10 3.6
Outpost 44 $1,725/mo $1,939/mo 5 3.6

Frequently Asked Questions About Rent in Bend 97701

What is the average rent in Bend 97701?

The average rent in Bend 97701 is $2,032 per month as of August 2026, based on 51 units across 11 apartment communities.

Is rent going up or down in Bend 97701?

Rent in Bend 97701 has decreased $92 (4.6%) over the past month. The current average is $2,032/mo.

What is the cheapest apartment in Bend 97701?

The most affordable apartment in Bend 97701 is Lakeside Place with units starting at $1,440/mo.

How much is a 1-bedroom apartment in Bend 97701?

A 1-bedroom apartment in Bend 97701 averages $1,779/mo, with prices starting at $1,470/mo across 26 available units.

How many apartments are available in Bend 97701?

There are 51 units available across 11 apartment communities in Bend 97701.

What salary do I need to live comfortably in Bend 97701?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$81,000/year

Based on the 30 percent rule, using our tracked average rent of $2,032/mo.

Comfortable income

$98,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,440/mo), you need to earn at least $58,000/year.

Median household income in Bend 97701 is $88,792 , about 9% below the comfortable-living threshold.

Cost of living in Bend 97701

Overall prices in Bend 97701 runs above the national average by about 5% (BEA Regional Price Parity index 105.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Bend 97701's regional price parities.

Category Monthly estimate
Rent (market average) $2,032
Utilities $478
Groceries $566
Transportation $1,138
Healthcare $555
Other goods and services $888
Estimated total $5,657/mo

Population

101,472

Median household income

$88,792

Census median rent

$1,767/mo

Rent as % of income

29.8%

Median age

40.3

Mean commute

17 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Bend 97701 Apartments

Browse all 11 communities with daily-updated pricing and availability.

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