Investor market data · Oregon

Bend, OR Rental Market for Investors

An estimated 29% of Bend's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$799,900Median list price948 active listings

$57,037Median STR revenue / yrprojected, gross

Homes in Bend that pencil right now

A sample of active Bend listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

$305,000DSCR 1.56
2 bed · 1 bath · 680 sqft
Condo in 97703 · built 1966
STR revenue
$49,864/yr
Est. interest-only payment
$2,137/mo
On the market 135 days · Listed by Windermere Central Or. Real Es
Scout this home & market: 2-bed condo in Bend
$399,999DSCR 1.31
3 bed · 2.5 bath · 1,450 sqft
Townhouse in 97701 · built 2020
STR revenue
$50,634/yr
Est. interest-only payment
$2,571/mo
On the market 49 days · Listed by Real Broker
Scout this home & market: 3-bed townhouse in Bend
$450,000DSCR 1.53
3 bed · 2 bath · 1,358 sqft
House in 97707 · built 1991
STR revenue
$62,095/yr
Est. interest-only payment
$2,710/mo
On the market 94 days · Listed by Cascade Hasson SIR
Scout this home & market: 3-bed house in Bend
$485,000DSCR 1.29
3 bed · 2 bath · 1,060 sqft
House in 97701 · built 1999
STR revenue
$54,108/yr
Est. interest-only payment
$2,806/mo
On the market 101 days · Listed by Avenir Realty
Scout this home & market: 3-bed house in Bend
$487,000DSCR 1.30
3 bed · 2.5 bath · 1,461 sqft
House in 97702 · built 2005
STR revenue
$54,280/yr
Est. interest-only payment
$2,779/mo
On the market 25 days · Listed by Exp Realty, Llc
Scout this home & market: 3-bed house in Bend
$525,000DSCR 1.28
3 bed · 2 bath · 1,235 sqft
House in 97702 · built 2004
STR revenue
$58,270/yr
Est. interest-only payment
$3,040/mo
On the market 93 days · Listed by Windermere Central Or.R.E.Redm
Scout this home & market: 3-bed house in Bend
$544,900DSCR 1.45
4 bed · 3 bath · 2,724 sqft
Townhouse in 97702 · built 2003
STR revenue
$83,981/yr
Est. interest-only payment
$3,850/mo
On the market 144 days · Listed by Coldwell Banker Bain
Scout this home & market: 4-bed townhouse in Bend
$594,900DSCR 1.28
4 bed · 2.5 bath · 2,130 sqft
House in 97701 · built 2019
STR revenue
$68,351/yr
Est. interest-only payment
$3,559/mo
On the market 88 days · Listed by Homesmart Realty Group
Scout this home & market: 4-bed house in Bend
$750,000DSCR 1.29
4 bed · 3 bath · 2,751 sqft
House in 97702 · built 2006
STR revenue
$90,112/yr
Est. interest-only payment
$4,644/mo
On the market 101 days · Listed by Real Broker
Scout this home & market: 4-bed house in Bend

Ask about Bend deals →Run any address yourself

As of August 2026, we analyzed 948 active for-sale homes in Bend, Oregon. The typical listing is priced at $799,900 and is projected to generate about $57,037 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 28.6% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 52.5% median across the 200 major metros we track, ranking Bend #175 of 200 for cash-flow potential.

On market momentum: homes in Bend sit a median of 71 days on the market, and 23% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Bend runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.

What actually works in Bend

Cash-flow is the exception rather than the rule in Bend right now: 61 of the 806 Bend homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $749,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	1 bed	2 bed	3 bed	4 bed	5 bed
$150k–$250k	0%0.72	—	—	—	—
$250k–$350k	0%0.80	67%1.31	—	—	—
$350k–$500k	—	36%1.22	54%1.28	—	—
$500k+	—	0%0.73	2%0.78	5%0.71	9%0.85

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Bend in full

Active for-sale homes analyzed	948
Median list price	$799,900
Median projected STR revenue (annual, gross)	$57,037
Median average daily rate (ADR)	$280
Median occupancy	57%
Median beds	3
Median size	2,161 sqft
Estimated cash-flow-positive share	28.6%
Median days on market	71 days
New listings (last 30 days)	22.7% of active