Redmond, OR Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Redmond is $1,895, a 6.96% increase compared to the previous year, when the average rent was $1,772.
One-bedroom apartments provide 713 square feet for $1,647, balancing privacy and affordability.
Two-beedroom units at $1,904 offer 943 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,233 sq ft) for $2,342, suitable for larger households.
Average rent in Redmond, OR
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,895 | 935 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,647 | 713 sq. ft. |
| 2 Beds | $1,904 | 943 sq. ft. |
| 3 Beds | $2,342 | 1,233 sq. ft. |
Redmond, OR rent trends
Rental prices in Redmond, OR have increased by 6.96% over the past year. The average rent moved from $1,772 to $1,895.
What's the typical rent budget in Redmond, OR?
The largest share of rentals in Redmond, OR (46%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Redmond, OR?
4,556 or 34% of the households in Redmond, OR are renter-occupied while 8,862 or 66% are owner-occupied.
How Redmond Compares to Other Cities
| City | Average Rent |
|---|---|
| Redmond | $1,895 |
| Portland | $1,731 |
| Salem | $1,473 |
| Gresham | $1,641 |
| Hillsboro | $1,869 |
| Eugene | $1,864 |
| Beaverton | $1,772 |
| Tigard | $1,724 |
| Bend | $1,928 |
| Happy Valley | $1,883 |
| Lake Oswego | $2,097 |
| Springfield, OR | $1,572 |
| Albany | $1,579 |
| Sandy, OR | $1,730 |
| Lebanon, OR | $1,503 |
| Molalla, OR | $1,595 |
| Junction City, OR | $1,435 |
| Silverton, OR | $1,759 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Redmond apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.