Safe Rate Local

Bend

Learn about the people, housing, costs and businesses in Bend

Median Home$618,728
Median Rent$1,742/month
Population257,814
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining3% construction
Home Value Growth+6.2% over 2 years
Retirees22% of residentsabove average nationally
Homeowners71% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 15% nationally
NotableHigh Incomes$93k/year · top 22% nationally
Bend

Frequently Asked Questions

What are today's mortgage rates in Bend?

Mortgage rates for Bend are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Bend
What is the median home price in Bend?

The median home value in Bend is $619k. The median monthly rent is $1,742. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bend?

Home values in Bend have increased 6.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bend?

Based on a typical all-in ownership cost of $1,667/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bend is $93k/year.

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What industries drive the economy in Bend?

The largest employment sectors in Bend are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.