Deschutes County, Oregon Housing Market Prices
Deschutes County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 52% above the Oregon median Most expensive county in Oregon$619,015
-
Median rent 17% above the Oregon median Among the 3 most expensive counties in Oregon$1,787
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $619,015 | $406,603 | $248,835 |
| Price Trend (Annual %) | 11.1% | 9.4% | 7.5% |
| Median Gross Rent | $1,787 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 7.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Deschutes County is about 52% higher than in Oregon. Rent is about 17% higher than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Deschutes County, up about 11.1% and 7.8% a year respectively. Home prices are changing faster.
Median rent in Deschutes County rose about 90.3% between 2015 and 2024, from $939 to $1,787. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in Deschutes County.
Buying the median-priced home in Deschutes County costs roughly 28.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Deschutes County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $619,015 | $406,603 | $248,835 |
| Median Household Income | $93,904 | $83,617 | $80,455 |
| Price-to-Income Ratio | 6.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Deschutes County rose about 222.1%, while median household income rose about 63.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.9% | 58.6% | 58.5% |
| Rental Rate | 25.7% | 33.9% | 31.2% |
| Vacancy Rate | 14.5% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Deschutes County has a homeownership rate of 59.9%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 14.5%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1997 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Deschutes County was built around 1997. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
Deschutes County, OR Housing Compared With Nearby Counties
Deschutes County, OR is the largest of the 4 counties compared here, 206,229 residents against a local median of 26,553. The measure that sets Deschutes County, OR apart most is median home price: $619,015, 103% above the local median of $304,477.
Median rent tells the same story from another angle: $1,787 against a local median of $990, 81% above it. The counties themselves sit within $150,237 of each other on median home price, a tighter band than the gap between any of them and Deschutes County, OR, which makes it a genuine outlier here rather than one end of a wide local spread. Deschutes County, OR has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Deschutes County, OR | 206,229 | $619,015 #1/4 | $1,787 #1/4 | 70.0% #1/4 |
| Wasco County, OR | 26,553 | $333,688 | $1,008 | 67.5% |
| Klamath County, OR | 70,242 | $304,477 | $990 | 69.4% |
| Lake County, OR | 8,267 | $183,451 | $877 | 67.3% |
Frequently Asked Questions
Common questions about the housing market in Deschutes County, Oregon.
What is the median home price in Deschutes County, Oregon?
The median home price in Deschutes County, Oregon is $619,015, higher than the Oregon average of $406,603.
What is the average home price in Deschutes County, Oregon?
The typical home price in Deschutes County, Oregon, reported as the median sale price, is $619,015. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Deschutes County, Oregon?
The median gross rent in Deschutes County, Oregon is $1,787 per month, higher than the Oregon average of $1,525.
What was the median gross rent in Deschutes County in 2020?
In 2020, the median gross rent in Deschutes County, Oregon was $1,306 per month.
What is the price-to-rent ratio in Deschutes County, Oregon?
The price-to-rent ratio in Deschutes County, Oregon is about 28.9, meaning it would take roughly 28.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Deschutes County.
Are home prices or rent rising faster in Deschutes County, Oregon?
Both home prices and rent are rising in Deschutes County, up about 11.1% and 7.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Deschutes County, Oregon?
59.9% of households in Deschutes County, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Deschutes County, Oregon?
The housing vacancy rate in Deschutes County, Oregon is 14.5%, higher than the Oregon average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →