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

Redmond, OR has a median modeled monthly cash flow of $-1,412 and a median cap rate of 2.8%, on a median sold price of $490,000. Prices changed +1.0% year over year.

What is the average cap rate in Redmond, OR?

The median cap rate across recently sold homes in Redmond, OR is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Redmond, OR?

The median sold price in Redmond, OR is $490,000 (about $311 per square foot).

Investing in Redmond, OR Real Estate

A data-driven snapshot of the Redmond, 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.

$490,000Median sold price

$311Median $/sqft

2.8%Median cap rate

$-1,412Modeled cash flow / mo

+1.0%Appreciation YoY

10.8Months of supply

735Active listings

813Sold (last 12 mo)

What the Redmond numbers say

In Redmond, OR, the median home sold for $490,000 (about $311 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,412 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 10.8 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 Redmond cash-flowing listings

CashFlowRE ranks every for-sale home in Redmond, 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 Redmond deals, or browse the national market data.