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- 2 Beds
2582 NW Kingwood Ave, Redmond, OR 97756
Bridge Meadows Redmond
(458) 219-8067
Frequently Asked Questions
How much does it cost to rent a townhouse in Redmond, OR?
The median rent for a townhouse in Redmond, OR is $1,850 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Redmond, OR?
To comfortably afford the median rent in Redmond, OR, a household needs to earn roughly $79,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,995 per month in Redmond, OR, renters typically need to show $5,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Redmond, OR?
In Redmond, OR, the price-to-rent ratio is 21.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
