Rent Tracker
Rent Inflation in Bend, OR
The average asking rent in Bend, OR is $2,223/month as of 2026-08. That is +3.6% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$2,223/mo
as of 2026-08
Year-over-Year Change
+3.6%
24-Month Rent Trend
Monthly ZORI index values for Bend, OR.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $2,223 | +0.50% |
| 2026-07 | $2,212 | -0.41% |
| 2026-06 | $2,221 | +1.05% |
| 2026-05 | $2,198 | +0.83% |
| 2026-04 | $2,180 | +2.01% |
| 2026-03 | $2,137 | +0.38% |
| 2026-02 | $2,129 | +0.38% |
| 2026-01 | $2,121 | -0.61% |
| 2025-12 | $2,134 | +0.09% |
| 2025-11 | $2,132 | -0.42% |
| 2025-10 | $2,141 | +0.05% |
| 2025-09 | $2,140 | -0.28% |
| 2025-08 | $2,146 | +0.28% |
| 2025-07 | $2,140 | +0.05% |
| 2025-06 | $2,139 | +0.71% |
| 2025-05 | $2,124 | +0.62% |
| 2025-04 | $2,111 | +1.25% |
| 2025-03 | $2,085 | +1.36% |
| 2025-02 | $2,057 | +0.64% |
| 2025-01 | $2,044 | -0.20% |
| 2024-12 | $2,048 | -1.30% |
| 2024-11 | $2,075 | -0.95% |
| 2024-10 | $2,095 | -0.62% |
| 2024-09 | $2,108 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Compare All Cities
Open Full Rent Tracker →Other Cities
Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices