The Mill at Ochoco
250 NE Saint Charles Way,
Prineville, OR 97754
1-3 Beds | $1,589 - $2,260
Rental Market Trends in Prineville, OR
Updated August 2026
The average rent in Prineville, OR is $1,399/month.
Rent in Prineville is 16% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,399/month
Average Rent
673 Sq Ft
Average Size
+0.4%
Change / Year
190
Available Apartments
Prineville rent varies by unit size and layout:
- Studio apartments in Prineville average per month.
- One-bedroom apartments in Prineville average $1,399 per month.
- Two-bedroom apartments in Prineville average $1,640 per month.
- Three-bedroom apartments in Prineville average $1,806 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Prineville, OR?
In the past year, rent has increased by 0.4%, which averages out to $5 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Prineville, OR
August 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
43%
Below $700/month
0%
$700 - $1,000/month
14%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Prineville?
Based on current rent prices, Crook County is the most affordable neighborhood in Prineville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Prineville?
Based on current rent prices, Crook County is the most expensive neighborhood in Prineville.
Neighborhood
Average Rent
Average Sq Ft
Which Prineville neighborhoods have the most rentals available?
The neighborhood in Prineville with the most apartments available is Crook County .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Prineville, OR?
Because the average rent in Prineville is $1,399, you’ll want to make about $4,663 per month or $55,956 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.
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.
View the Prineville Area GuideStudio
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One Bedroom
$1,399/month
$1,399/month
Two Bedroom
$1,640/month
$1,640/month
Three Bedroom
$1,805/month
$1,805/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Prineville?
The average rent in Prineville is $1,399 per month, which is 15.9% lower than the national average of $1,663.
Are rents going up or down in Prineville?
Rents in Prineville, OR are increasing, with prices up 0.4% year-over-year and $5 more per month.
What rent range is most common in Prineville?
In Prineville, OR, 43% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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.