July 2026 · Central Oregon Investment Property Report

Central Oregon Investment Property Report

A plain-English monthly brief for rental owners and investors in Bend, Redmond, Prineville, Madras, La Pine and Sisters. Each issue gives you the numbers that matter — without the spreadsheets.

  • Current investment properties for sale
  • Median rents and asking-rent trends
  • Recent rental sales and price per unit
  • Twelve-month trend charts by city
  • A downloadable PDF report

Prefer to explore first? The data is free and updated every month.

The numbers most rental owners ask about

Six primary figures for the Central Oregon rental market as of July 2026. Each number is explained in plain English.

Latest reporting month
July 2026

The month this report covers. New numbers are published every month.

Active income properties
145

The number of active MLS rental-income properties listed for sale across the Central Oregon markets we track — 100 single-family or townhome rentals and 45 multi-family (duplex and larger).

Represented rental units
282

The sum of verified unit counts across those properties — 100 from single-family/townhome listings and 182 from multi-family buildings (a duplex counts as two, a fourplex as four).

Average reported rent
$1,689/mo

The average monthly rent per unit reported by owners on rental properties currently for sale.

Typical price per rental unit
$519,000

The median asking price for a single rental unit. Sometimes called price per door.

Estimated gross rental yield
4.76%

Annual reported rent divided by property price. Does not include vacancy, expenses, repairs, reserves or financing.

Single-family vs. multi-family, side by side

The two kinds of rental property behave very differently. Here is how the active inventory splits.

Single-family / townhome
Properties for sale
100
Rental units
100
Avg reported rent / unit
$2,616/mo
Median price per unit
$612,450
Est. gross yield
4.38%
Listings reporting rent
69 of 100
Multi-family (duplex and larger)
Properties for sale
45
Rental units
182
Avg reported rent / unit
$1,532/mo
Median price per unit
$292,500
Est. gross yield
5.30%
Listings reporting rent
35 of 45

Rent and yield figures use only the listings where an owner reported rent, so multi-family averages come from a small sample.

What this means

Over the past twelve months, average reported rents have remained relatively stable, while the typical price paid per rental unit is about 19% below where it began the twelve-month period. On the properties currently listed for sale, owners are reporting an average rent of $1,689/mo per unit at a typical asking price of $519,000 per unit.

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Live rental listings · July 2026

What’s for rent right now

A live snapshot of asking rents across 950 verified Central Oregon rental listings from 17 property managers and syndicated feeds (observed 2026-07-31).

See all for-rent stats
Active listings
950

Plus 50 floor-plan vacancies at large communities.

Median asking rent
$2,000/mo

Middle-of-the-market monthly rent across all active listings.

Average asking rent
$2,358/mo

Pulled higher by larger single-family and premium homes.

Average rent / sq ft
$2.14

Monthly asking rent per square foot on verified listings.

CountyListingsMedian rentAvg $/sq ft
Deschutes832$2,095$2.20
Jefferson71$1,600$1.66
Crook47$1,585$1.71

Look at the market that matters to you

Pick a city and a rental type on the next page. You’ll see current rents, properties for sale, recent sales and twelve-month trends — no account required.

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July 2026 · Central Oregon Investment Property Report

A short, plain-English report with this month's rents, prices per rental unit, closed sales and the properties Parker Vernon is watching. Sign up once and the new edition is mailed to you every month.

  • Current rents and price per rental unit by city
  • Active investment properties for sale
  • Closed sales for the previous twelve months
  • What Parker Vernon sees changing this month

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Questions about what this means for your rentals?

Talk with Parker Vernon directly. There is no charge to ask a question about the Central Oregon rental market, a specific property, or what these numbers mean for the rentals you already own.