Dry Canyon
2960 NW Northwest Way,
Redmond, OR 97756
Studio - 3 Beds | $1,575 - $2,325
Rental Market Trends in Redmond, OR
Updated September 2026
The average rent in Redmond, OR is $1,564/month.
Rent in Redmond is roughly equal to the national average rent of of $1,665/month.
$1,564/month
Average Rent
687 Sq Ft
Average Size
+0.8%
Change / Year
164
Available Apartments
Redmond rent varies by unit size and layout:
- Studio apartments in Redmond average $1,278 per month.
- One-bedroom apartments in Redmond average $1,564 per month.
- Two-bedroom apartments in Redmond average $1,750 per month.
- Three-bedroom apartments in Redmond average $2,051 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Redmond, OR?
In the past year, rent has increased by 0.8%, which averages out to $14 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Redmond, OR
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
23%
$700 - $1,000/month
20%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
17%
Above $2,000/month
What salary do I need to live comfortably in Redmond, OR?
Because the average rent in Redmond is $1,564, you’ll want to make about $5,213 per month or $62,556 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 Redmond, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Redmond, 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 Redmond Area GuideCompare 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 Redmond?
The average rent in Redmond is $1,564 per month, which is 6.1% lower than the national average of $1,665.
What is the average rent for a house in Redmond?
The average rent for a house in Redmond, OR is $2,710 per month.
What is the average rent for a townhome in Redmond?
The average rent for a townhome in Redmond, OR is $1,833 per month.
Are rents going up or down in Redmond?
Rents in Redmond, OR are increasing, with prices up 0.8% year-over-year and $14 more per month.
What rent range is most common in Redmond?
In Redmond, OR, 33% of apartments fall between $1,501 - $2,000/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 September 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.