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Bend city, OR

ZIP 97703 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97703

Median Home Value
$915,900
Median Rent
$1,564
Affordability Snapshot
$252,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,883/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

48.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97703 in Bend city, OR, a household would need roughly $252,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,883. That is about 113% above the local median household income ($118,160), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.6%+17% vs US avg
x
Vacancy Rate
10.8%+5% vs US avg
x
Broadband Access
97.1%+12% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
2.1%-83% vs US avg
x
Built Post-2014
2.1%-70% vs US avg
x
Rent Burden >30%
18.9%-62% vs US avg
x
Mortgage-Free
35.2%-8% vs US avg
x
$915,900
Home Value
$1,564
Rent
1999
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.6%
  • 1-unit attached4.6%
  • 2-9 units5.5%
  • 10+ units5.0%
  • Mobile home & other2.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$915,900
Median rent$1,564
Owner-occupied76.6%
Vacant10.8%
Price-to-income7.8x
Est. income to buy$252,000