Is Prineville, OR a good place to invest in rental property?

Prineville, OR has a median modeled monthly cash flow of $-1,521 and a median cap rate of 2.3%, on a median sold price of $410,000. Prices changed -3.3% year over year.

What is the average cap rate in Prineville, OR?

The median cap rate across recently sold homes in Prineville, OR is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prineville, OR?

The median sold price in Prineville, OR is $410,000 (about $262 per square foot).

Investing in Prineville, OR Real Estate

A data-driven snapshot of the Prineville, OR rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$410,000Median sold price

$262Median $/sqft

2.3%Median cap rate

$-1,521Modeled cash flow / mo

-3.3%Appreciation YoY

11.3Months of supply

313Active listings

333Sold (last 12 mo)

What the Prineville numbers say

In Prineville, OR, the median home sold for $410,000 (about $262 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,521 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 11.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Prineville — listings where the estimated after-repair value beats list price + rehab.

Other Oregon markets to compare

See Prineville cash-flowing listings

CashFlowRE ranks every for-sale home in Prineville, OR by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Prineville deals, or browse the national market data.