Hermiston-Pendleton, OR Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Hermiston-Pendleton, OR
The median asking rent in Hermiston-Pendleton, OR is $1,700 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $294,824, that rent level prices Hermiston-Pendleton, OR at a 7.91% gross rental yield — compared with 6.40% across Oregon.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Hermiston-Pendleton, OR rent and rental yield comparison
The current Hermiston-Pendleton, OR baseline is $1,700 median asking rent and 7.91% gross rental yield. Compare rent, yield, and home values with selected Oregon metros, then open a public report or Rental Insights for property-level follow-up.
Portland-Vancouver-Hillsboro, OR-WA
Portland-Vancouver-Hillsboro, OR-WA median asking rent is $2,790, $1,090 (64.1%) higher than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $2,790
- Gross yield
- 6.32%
- Avg home value
- $514,218
Bend, OR
Bend, OR median asking rent is $2,600, $900 (52.9%) higher than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $2,600
- Gross yield
- 5.78%
- Avg home value
- $566,948
Eugene-Springfield, OR
Eugene-Springfield, OR median asking rent is $2,250, $550 (32.4%) higher than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $2,250
- Gross yield
- 6.27%
- Avg home value
- $446,974
Salem, OR
Salem, OR median asking rent is $2,350, $650 (38.2%) higher than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $2,350
- Gross yield
- 6.72%
- Avg home value
- $428,371
Coos Bay-North Bend, OR
Coos Bay-North Bend, OR median asking rent is $2,000, $300 (17.6%) higher than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $2,000
- Gross yield
- 7.38%
- Avg home value
- $306,848
Ontario, OR-ID
Ontario, OR-ID median asking rent is $1,595, $105 (6.2%) lower than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $1,595
- Gross yield
- 8.19%
- Avg home value
- $272,700
La Grande, OR
La Grande, OR and Hermiston-Pendleton, OR both have a $1,700 median asking rent.
- Median rent
- $1,700
- Gross yield
- 7.72%
- Avg home value
- $274,535
Baker City, OR
Baker City, OR median asking rent is $1,350, $350 (20.6%) lower than the $1,700 median asking rent in Hermiston-Pendleton, OR.
- Median rent
- $1,350
- Gross yield
- 7.45%
- Avg home value
- $193,560
Hermiston-Pendleton, OR rent and yield FAQ
Quick answers based on the latest Hermiston-Pendleton, OR rental listing and transaction data.
What is the average rent in Hermiston-Pendleton, OR?
As of July 2026, the median asking rent in Hermiston-Pendleton, OR is $1,700. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Hermiston-Pendleton, OR?
Hermiston-Pendleton, OR currently prices at a 7.91% gross rental yield, versus 6.40% across Oregon. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Hermiston-Pendleton, OR market context to property-level screening
Open Rental Insights with Hermiston-Pendleton, OR selected, then pair the yield signal with investor activity and rental data workflows.