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Rental Market Trends in Depoe Bay, OR

Updated August 2026

The average rent in Depoe Bay, OR is $916/month.

Rent in Depoe Bay is 45% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$916/month

Average Rent

574 Sq Ft

Average Size

+0.5%

Change / Year

4

Available Apartments

Depoe Bay rent varies by unit size and layout:

  • Studio apartments in Depoe Bay average per month.
  • One-bedroom apartments in Depoe Bay average $916 per month.
  • Two-bedroom apartments in Depoe Bay average per month.
  • Three-bedroom apartments in Depoe Bay average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$916/month
574 Sq Ft
View Depoe Bay Apartments

How much has average rent changed in Depoe Bay, OR?

In the past year, rent has increased by 0.5%, which averages out to $5 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Depoe Bay, OR

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Depoe Bay, OR
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
67% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Depoe Bay, OR?

Because the average rent in Depoe Bay is $916, you’ll want to make about $3,053 per month or $36,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Depoe Bay, OR

4 Available Apartments for Rent

Search for Nearby Apartments

How does Depoe Bay, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Depoe Bay, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lincoln City

    Lincoln City

    Avg Rent: $1,182/month

  • Newport

    Newport

    Avg Rent: $1,598/month

Apartment Communities in Depoe Bay We Think You'll Love

442 SW Coast Ave

442 SW Coast Ave

442 SW Coast Ave,
Depoe Bay, OR 97341

2 Beds | $1,595

175 The Pines

175 The Pines

175 The Pines,
Depoe Bay, OR 97341

3 Beds | $2,450

20 Graham St

20 Graham St

20 Graham St,
Depoe Bay, OR 97341

Studio | $1,100

144 Elderberry Way

144 Elderberry Way

144 Elderberry Way,
Depoe Bay, OR 97341

2 Beds | $2,800

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Frequently Asked Questions

What is the average rent in Depoe Bay?

The average rent in Depoe Bay is $916 per month, which is 44.9% lower than the national average of $1,663.

Are rents going up or down in Depoe Bay?

Rents in Depoe Bay, OR are increasing, with prices up 0.5% year-over-year and $5 more per month.

What rent range is most common in Depoe Bay?

In Depoe Bay, OR, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Oregon Depoe Bay Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity