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Rental Market Trends in Medford, OR

Updated July 2026

The average rent in Medford, OR is $1,183/month.

Rent in Medford is 29% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,183/month

Average Rent

651 Sq Ft

Average Size

+1.2%

Change / Year

136

Available Apartments

Medford rent varies by unit size and layout:

  • Studio apartments in Medford average $1,194 per month.
  • One-bedroom apartments in Medford average $1,183 per month.
  • Two-bedroom apartments in Medford average $1,415 per month.
  • Three-bedroom apartments in Medford average $1,744 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,194/month
454 Sq Ft
One Bedroom
$1,183/month
651 Sq Ft
Two Bedroom
$1,415/month
970 Sq Ft
Three Bedroom
$1,744/month
988 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,395/month
634 Sq Ft
Two Bedroom
$1,551/month
1,056 Sq Ft
Three Bedroom
$2,460/month
1,519 Sq Ft
Four Bedroom
$2,979/month
2,238 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,171/month
1,134 Sq Ft
View Medford Apartments

How much has average rent changed in Medford, OR?

In the past year, rent has increased by 1.2%, which averages out to $15 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Medford, OR

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Medford, OR
Percentage*
Rent Range
10% Below $700/month
15% $700 - $1,000/month
61% $1,001 - $1,500/month
10% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Medford?

Based on current rent prices, Downtown Medford is the most affordable neighborhood in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford
$1,316/month
457 Sq Ft

What are the most expensive neighborhoods in Medford?

Based on current rent prices, Downtown Medford is the most expensive neighborhood in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford
$1,316/month
457 Sq Ft

Which Medford neighborhoods have the most rentals available?

The neighborhood in Medford with the most apartments available is Downtown Medford .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford
$1,316/month
457 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Medford, OR?

Because the average rent in Medford is $1,183, you’ll want to make about $3,943 per month or $47,316 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Medford, OR

136 Available Apartments for Rent

Search for Nearby Apartments

How does Medford, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Medford, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Medford Area Guide

Apartment Averages

Downtown Medford

Medford, OR

Downtown Medford

Medford, OR

Studio
$1,145/month
$1,145/month
One Bedroom
$1,062/month
$1,062/month
Two Bedroom
$1,536/month
$1,536/month
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Central Point

    Central Point

  • Ashland

    Ashland

Apartment Communities in Medford We Think You'll Love

The Reserve at Northgate

The Reserve at Northgate

237 East McAndrews Road,
Medford, OR 97501

Studio - 2 Beds | $1,525 - $2,095

New Medford Apartments

New Medford Apartments

406 W Main St,
Medford, OR 97501

1 Bed | $1,285 - $1,395

Charles Point

Charles Point

353 Dalton St,
Medford, OR 97501

2-3 Beds | $1,350 - $1,695

Orchard Glen Estates

Orchard Glen Estates

2642 W Main St,
Medford, OR 97501

2 Beds | $1,275 - $1,550

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Frequently Asked Questions

What is the average rent in Medford?

The average rent in Medford is $1,183 per month, which is 28.8% lower than the national average of $1,662.

What is the average rent for a house in Medford?

The average rent for a house in Medford, OR is $2,460 per month.

What is the average rent for a townhome in Medford?

The average rent for a townhome in Medford, OR is $2,171 per month.

Are rents going up or down in Medford?

Rents in Medford, OR are increasing, with prices up 1.2% year-over-year and $15 more per month.

What rent range is most common in Medford?

In Medford, OR, 61% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Oregon Medford Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity