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Rental Market Trends in Medford, OR

What is the average rent in Medford, OR?

$1,178/month

Average Rent

653 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of April 2026, the average rent in Medford, OR is $1,178 per month. This is 28% lower than the national average rent of $1,641/month, making renting in Medford more affordable than most cities in the US. When you rent an apartment in Medford, you can expect to pay about $1,185 per month for a studio, $1,178 for a one-bedroom apartment, and around $1,415 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,732 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,185/month
454 Sq Ft
One Bedroom
$1,178/month
653 Sq Ft
Two Bedroom
$1,415/month
970 Sq Ft
Three Bedroom
$1,732/month
967 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,426/month
678 Sq Ft
Two Bedroom
$1,713/month
784 Sq Ft
Three Bedroom
$2,341/month
1,489 Sq Ft
Four Bedroom
$2,518/month
2,012 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,091/month
1,116 Sq Ft

How much has average rent changed in Medford, OR?

In the past year, rent has increased by 1.7%, which averages out to $20 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Medford, OR
Last Updated April 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
62% $1,001 - $1,500/month
10% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Medford?

Based on current rent prices, Downtown Medford and Downtown Medford Historic District" are the most affordable neighborhoods in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford
$1,262/month
474 Sq Ft
Downtown Medford Historic District
$1,331/month
463 Sq Ft

What are the most expensive neighborhoods in Medford?

Based on current rent prices, Downtown Medford Historic District and Downtown Medford" are the most expensive neighborhoods in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford Historic District
$1,331/month
463 Sq Ft
Downtown Medford
$1,262/month
474 Sq Ft

Which Medford neighborhoods have the most rentals available?

The neighborhoods in Medford with the most apartments available are Downtown Medford and Downtown Medford Historic District" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Medford
$1,262/month
474 Sq Ft
Downtown Medford Historic District
$1,331/month
463 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 $1,178, you’ll want to make about $3,926 per month or $47,112 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

119 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.

Explore the Area Guide for Medford, OR

Apartment Averages

Downtown Medford

Medford, OR

Downtown Medford Historic District

Medford, OR

Studio
$1,145/month
-
One Bedroom
$1,061/month
-
Two Bedroom
$1,535/month
-
Three Bedroom
-
-
Search
Search

Apartment communities in Medford we think you'll love

The Reserve at Northgate

The Reserve at Northgate

237 East McAndrews Road,
Medford, OR 97501

$1,525 - $2,095

Studio - 2 Beds

The New Medford

The New Medford

406 W Main St,
Medford, OR 97501

$1,295 - $1,395

1 Bed

Orchard Glen Estates

Orchard Glen Estates

2642 W Main St,
Medford, OR 97501

$1,275 - $1,550

2 Beds

Oak Grove Estates

Oak Grove Estates

835 Overcup Street,
Medford, OR 97501

$1,600 - $1,995

2-3 Beds

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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 February 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