Bend Oregon Rental Housing Market
The tides have turned... Just a few years ago tenants were negotiating lower rents, and the Bend rental market had around a 12% vacancy rate (reported by local Bend news station KTVZ). Today the vacancy rate is 1%. Homes are rented within minutes, with multiple applications. I had a client rent out a home near downtown over the weekend. She advertised on Craigslist only, and said she'd be at the home taking applications for a 2 hour period. She had people waiting when she arrived, and took over 30 applications. Needless to say she rented the home out for what she was asking the same day.
People in need of a house rental in Bend are having a rough go at finding a suitable home. Many are constantly searching…
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