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Rental Market Trends in Prineville, OR

What is the average rent in Prineville, OR?

$454/month

Average Rent

700 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of September 2025, the average rent in Prineville, OR is $454 per month. This is 72% lower than the national average rent of $1,640/month, making renting in Prineville more affordable than most cities in the US. When you rent an apartment in Prineville, you can expect to pay about per month for a studio, $454 for a one-bedroom apartment, and around $1,478 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,672 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$454/month
700 Sq Ft
Two Bedroom
$1,478/month
960 Sq Ft
Three Bedroom
$1,672/month
1,100 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,778/month
1,239 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Prineville, OR?

In the past year, rent has increased by 0.6%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Prineville, OR
Last Updated September 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Prineville, OR
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
17% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Prineville is $454, you’ll want to make about $1,513 per month or $18,156 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

Prineville, OR

14 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Prineville, 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.

Explore the Area Guide for Prineville, OR

Apartment Averages

Nearby City Rent Trends

  • Redmond Average Rent

Apartment communities in Prineville we think you'll love

Rio Vista Apartments

Rio Vista Apartments

940 NW 2nd St,
Prineville, OR 97754

$1,495

2 Beds

#190 WILD HORSE MESA

#190 WILD HORSE MESA

2252 NE Colleen Rd,
Prineville, OR 97754

$1,645 - $1,675

2 Beds

200 NE 7th St

200 NE 7th St

200 NE 7th St,
Prineville, OR 97754

$1,500

2 Beds

207 SW Ewen St

207 SW Ewen St

207 SW Ewen St,
Prineville, OR 97754

$1,695

3 Beds

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United States Oregon Prineville 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity