The typical home in Bend, OR is worth about $725,000.
With 20% down that's a loan near $580,000 — the calculator
is pre-filled with that figure. Bend became one of the pandemic era's hottest small markets as remote workers chased its outdoor-recreation lifestyle, and prices have since given back some of those gains even as a handful of high-end all-cash sales periodically distort the reported median. Oregon's Measure 50 caps assessed-value growth, so recent buyers pay tax on a much larger share of the home's real value than longtime owners do.
$3,765.73 / month
Total interest
$775,657
Total paid
$1,355,657
Payoff
30.0 years
How much you need to earn
Bend, OR's median household income is about
$78,000 a year. Under standard 28/36
lending rules that supports a home price around
$328,734 with 20% down —
below the $725,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Bend, OR is about $1,900 a month, so owning the median home costs roughly
$2,493 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Bend, OR?
On the metro's roughly $725,000 typical home with 20% down, the loan is about $580,000. Principal and interest run near $3,766 a month at today's rate, and Bend, OR's property tax plus insurance add about $627, for a full payment near $4,393.
Can I afford a home in Bend, OR on the median income?
The median household income is about $78,000 a year. Under standard 28/36 lending rules that supports a home price around $328,734 with 20% down — below the $725,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Bend, OR?
Typical asking rent is about $1,900 a month. The full owner payment on a median home is near $4,393, so owning costs roughly $2,493 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Bend, OR?
The effective property tax rate in the core county is about 0.90% of market value — roughly $6,525 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Bend, OR rising or falling?
Home values are down about 6% over the past year. Bend became one of the pandemic era's hottest small markets as remote workers chased its outdoor-recreation lifestyle, and prices have since given back some of those gains even as a handful of high-end all-cash sales periodically distort the reported median. Oregon's Measure 50 caps assessed-value growth, so recent buyers pay tax on a much larger share of the home's real value than longtime owners do.