Rent to own Homes in Bend, OR
Bend, Oregon, is one of those unique cities that also is its own special kind of tourist destination. Set against the backdrop of majestic volcanic peaks on the edge of stunning desert vistas, Bend is a true playground that also happens to be a great place to live. It's a hotbed for the great living experience that is the Pacific Northwest ideal. Nestled near the outstanding resort town of Sisters, the grandeur of Mount Bachelor, and the world famous Deschutes River, Bend is a haven for those who enjoy living in balance with nature. Some of the best beer brewed anywhere is made right here and dozens of pubs are waiting with the suds on tap.
Bend, OR is a great place for affordable rent-to-own homes! With a median household income of over $67,973 and a median rent of $1,374, the Bend, OR rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Bend, OR. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Bend, OR
Neighborhoods in Bend, OR
Southeast Bend rent to own homes Old Farm District rent to own homes Larkspur rent to own homes Orchard District rent to own homes Southern Crossing rent to own homes Summit West rent to own homes Aubrey Butte rent to own homes River West rent to own homes Century West rent to own homes Old Bend rent to own homesPopular Zip Codes in Bend, OR
97708 rent to own homesBuying a Home in Bend, OR
Bend, OR is seeing rapid growth and Bend, OR's' housing market remains not optimal with an average home price that is 91% above the 2024 national average. Bend, OR is part of Deschutes county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Deschutes is 0.72% which is below the national average, which is 0.99%.
Median Home Price in Bend, OR
Median Rent in Bend, OR
Top Reasons to Live in Bend OR
Housing Statistics Bend was hit hard by the housing downturn. That said, Bend is well on its way to recovering. The summer of 2013 saw the median sales price at $254,750, an increase of 18.5% year over year on 944 units sold, which represented an increase of 12.1 percent. The average time a house stays on the market is just under six months. The median age of homes in Bend is 15 years. The rental market is strong, with a vacancy rate on houses of just 2% and under 5% for apartments. Rent to own options are fairly common.
Outdoor Excitement Bend is a place where you could do something different outdoors every day and not go through all the options for years. Enjoy some of the best whitewater anywhere on the Deschutes River and while you're there, try your hand at world-class salmon and steelhead fishing. The skiing and boarding on Mount Bachelor is some of the best in the country. The waters of the Metolius River emerge from springs at Black Butte almost magically, gurgling into a river instantly. Mountain biking opportunities, ranging from the sublime to the extreme, are all over the place. Nearby Smith River State Park features deep river canyons, high spires, and peaceful riverside meadows. That's just a small sampling of what makes Bend a top destination for outdoor enthusiasts.
Shopping in Bend Bend, along with nearby Redmond, not only serve the shopping public of their communities, they also see to the needs of rural towns throughout the area. Cascade Village Shopping Center and Bend River Promenade are destination centers, with anchor stores and specialty shops. Downtown Bend is a mix of locally owned enterprises and nationally known names. The Old Mill District is more than just a shopping destination. It's shopping, dining, and entertainment, all set in natural splendor.
Bend Neighborhoods There's a nice variety with no "bad" neighborhoods in Bend. Instead, which one you'll like best is more a matter of personal taste than anything else.