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

Prineville, OR has a median modeled monthly cash flow of $-1,665 and a median cap rate of 2.1%, on a median sold price of $420,000. Prices changed +1.1% year over year.

What is the average cap rate in Prineville, OR?

The median cap rate across recently sold homes in Prineville, OR is 2.1%, 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 $420,000 (about $267 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.

$420,000Median sold price

$267Median $/sqft

2.1%Median cap rate

$-1,665Modeled cash flow / mo

+1.1%Appreciation YoY

9.6Months of supply

249Active listings

310Sold (last 12 mo)

What the Prineville numbers say

In Prineville, OR, the median home sold for $420,000 (about $267 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,665 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 9.6 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.

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.