Landlord Insurance in Redmond, OR | Rental Property Coverage

Redmond is home to roughly 37,626 people in Deschutes County, and about 36% of its 13,907 occupied homes are rented rather than owner-occupied, close to the Oregon rate of 37%. That mix shapes who is buying landlord coverage here and what underwriters expect to see.

Census snapshot: Redmond housing

Measure	Redmond	Oregon
Renter-occupied homes	36% (4,943)	37%
Median owner-occupied home value	$462,500	$477,600
Median gross rent	$1,628/mo	$1,525/mo
Median year structure built	2002	1981
Homes in 2–4 unit buildings	9%	7%
Single-family homes (detached or attached)	78%	68%

Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.

Setting coverage on a Redmond rental

Homes in Redmond carry a median value near $462,500 according to the Census, compared with $477,600 statewide. Because land is never rebuilt, many owners find their rebuild estimate differs from that figure in either direction.

If your rental is insured somewhere around Redmond's median, the closest NAIC benchmark is the $450,000–$499,999 band, where the 2023 Oregon dwelling-fire average was $1,315. The all-amounts state figure was $886.

How much rent to protect in Redmond

The Census median gross rent for Redmond, $1,628 per month, is a reasonable starting point for fair rental value. At that rate, 12 months is about $19,536 per unit.

How old Redmond's housing is, and why it matters

Much of Redmond's housing went up after 2001. Owners of newer rentals here can usually qualify for broad DP-3 coverage, assuming clean loss history.

What Redmond landlords typically own

Redmond is mostly single-family, around 78% of units, with 2–4 unit buildings at 9%. Single-family rentals here typically go on a dwelling fire policy.

Redmond versus other large Oregon communities

For comparison, Bend comes in at 38% rented and $718,400 median value, with median rent of $1,883. For comparison, Portland comes in at 48% rented and $581,500 median value, with median rent of $1,655. Salem has a renter share of 44% with homes valued around $416,900 at the median. Among the 20 largest Oregon cities we profile, Redmond ranks 17 for renter share. Roughly 10% of homes in Redmond are in buildings of five or more units, the point where most owners move to commercial apartment policies.

Natural hazards Redmond landlords plan for

In Redmond, think about ice storms and winter wind in the valleys first, then late-summer wildfire, especially in southern and eastern Oregon. Both appear frequently in Oregon property claims and can change which policy form and deductible make sense.

Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.

Getting a landlord quote in Redmond

Dates of wiring, plumbing, and HVAC upgrades
Your existing policy and recent claims
Who holds the loan, for the mortgagee clause
How much liability and lost rent you want covered
Property location in Redmond and unit count
Year built and roof age
Occupancy: long-term lease, month-to-month, short-term, or vacant

Request a Redmond landlord quote

Redmond landlord insurance questions

What share of Redmond homes are rentals?

About 36% of occupied homes in Redmond, roughly 4,943 households, are renter-occupied according to the 2020–2024 American Community Survey.

Do Redmond landlords have to carry insurance?

Not by statute. In practice, a Redmond rental with a mortgage will need property coverage, and associations or managers often insist on liability limits.

What is a typical landlord premium in Redmond?

It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Oregon dwelling-fire average of $886; see our Oregon page for the full table.

Other Oregon cities

Landlord insurance in Oregon · Cost by state

Last updated October 15, 2026. Sources and method: how we research.

Landlord insurance in Redmond, Oregon