Cost of Living in Redmond, OR
Population: 35,161 • 2026 Data
$79,789
Median Household Income
+3% vs national
$1,479
Median Monthly Rent
+10% vs national
$435,000
Median Home Value
+28% vs national
4.7%
Unemployment Rate
Housing in Redmond
The median home value in Redmond, OR is $435,000. Monthly rent for a typical unit averages $1,479, while total monthly housing costs (including utilities and insurance) average $1,524.
Rent-to-income ratio: 22.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Redmond, OR is $79,789. The unemployment rate stands at 4.7%, with a labor force of 18,199 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.