4

Depoe Bay, OR Homes for Rent

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  • /11

    $1,595

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    442 SW Coast Ave Unit 442, Depoe Bay, OR 97341

    Watch whales from the deck of this cute 2-bedroom ocean view apartment. The Depoe Bay Whale Watching station, whale watching tours, gift and craft shops, and some amazing local restaurants are a 5-minute walk away. Plus, Depoe Bay City Park with its boat dock, nature trail, playground and picnic pavilion is just across Highway 101. Located between Lincoln City and Newport, this apartment is a

    442 SW Coast Ave Unit 442, Depoe Bay, OR 97341
  • /22

    $2,300 Per Month

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • House for Rent

    3605 Sea Mist Ave, Depoe Bay, OR 97341

    Enjoy coastal living in this beautifully renovated 3-bedroom, 1-bath home in Depoe Bay. Located on the ocean side (west side) of Highway 101, this property is just two blocks from private, deeded beach access, making it easy to enjoy everything the Oregon Coast has to offer. Whether you're taking a morning walk on the beach, whale watching, or enjoying a coastal sunset, this home places you in

    3605 Sea Mist Ave, Depoe Bay, OR 97341
  • /22

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,226 Sq Ft
    • House for Rent

    175 The Pines, Depoe Bay, OR 97341

    Oregon Coast Property Management$2600 Monthly $5200 Security Deposit. 3bed, 2bath home, 1 car garage, gas fireplace, granite counters, stainless steel appliances,w/d hook ups, located in a private gated community in Depoe Bay that includes 40 acres of common area, and many miles of roads and paved or wooden paths that meander through forest woodlands and along breathtaking ocean

    175 The Pines, Depoe Bay, OR 97341
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    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    3440 Us-101, Depoe Bay, OR 97341

    Discover your new sanctuary in this charming 2-bedroom, 1-bathroom Apartment, perfectly designed for comfort and convenience. Step inside to find a cozy living area that invites relaxation and creativity. Natural light floods the space, highlighting the fresh finishes and inviting ambiance. The well-appointed kitchen offers ample counter space, making meal preparation a delight. With washer and

    3440 Us-101, Depoe Bay, OR 97341

Why Live in Depoe Bay

Depoe Bay, located on the Oregon coast, is renowned for its whale-watching opportunities and stunning Pacific Ocean views. Known as the whale-watching capital of the Oregon coast, Depoe Bay attracts thousands of migrating whales annually, making it a popular destination for tourists. The community offers a mix of homes, including Craftsman-style houses dating back to the 1930s and newer properties, many with ocean views. Depoe Bay’s varied terrain includes rocky coastlines and lush inland areas, providing diverse living options. The small boat harbor, the smallest of its kind in the world, is a hub for deep-sea fishing, with anglers seeking tuna and salmon. Outdoor enthusiasts can enjoy hiking in the nearby Fogarty Creek State Recreation Area, which spans almost 170 acres. Highway 101, also known as the Oregon Coast Highway, is the main commercial strip, featuring seafood restaurants like Tidal Raves and Gracie’s Sea Hag, as well as shops such as Ainslee's Salt Water Taffy. The closest grocery store, Chester’s Markets, is located about 4 miles north in Lincoln Beach. Depoe Bay hosts the annual Fleet of Flowers event each Memorial Day, honoring sailors lost at sea with a procession of flower-clad boats. The community is quieter and more pleasant away from Highway 101, offering a peaceful living environment.

Frequently Asked Questions

How much does it cost to rent a home in Depoe Bay, OR?
The median rent for a home in Depoe Bay, OR is $2,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Depoe Bay, OR?
To comfortably afford the median rent in Depoe Bay, OR, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Depoe Bay, OR, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Depoe Bay, OR?
In Depoe Bay, OR, the price-to-rent ratio is 22.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,300
Median Single Family Home Rent
$1,975
Median Condo Rent
$2,600
How to Rent a Home