The results of the 2013 rental survey were recently released and the vacancy rate in Central Oregon is 1%. Yes, 1%! At the time the survey was conducted, there were 4618 rental units, including single family homes, apartments, duplexes, triplexes, and fourplexes, and only 46 of those units were vacant. In Bend specifically, the vacancy rate is 0% for apartments and triplexes/fourplexes, 1% for duplexes, and 2% for houses.
Have you been thinking about purchasing investment property in Bend? Contact me with your criteria and I’ll send you information about available properties. View the report here: 2013 CO Rental Survey
Central Oregon Rental Owners Association or COROA is an organization of rental owners and managers who have joined together with a commitment to education and professionalism. COROA is also well known for its Annual Rental Survey which charts the trends in Central Oregon for thousands of rental units, including everything from single family homes to large apartment complexes.