Last updated
Average Rent in Medford 97501 & Rent Trends
Rent prices and market trends across 3 apartment communities in Medford 97501, Medford, OR. Updated daily.
Market Average
$1,316/mo
▼ 0.6% from last month
Lowest Available
$1,200/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
5
available now
Medford 97501 vs Medford, OR Average
Medford 97501 is cheaper the Medford, OR average by $179/mo (12%). The citywide average is $1,495/mo across all neighborhoods.
Is Rent Going Up or Down in Medford 97501?
As of July 2026, the average rent in Medford 97501 is $1,316 per month across 3 apartment communities and 5 available units. Rents have decreased $8 (0.6%) over the past month.
The most affordable option is New Foundations Property Management starting at $1,200/mo. By unit type, a 1-bedroom averages $1,316/mo.
Prices range from $1,200 to $1,395 per month. The most common price point is the $1,200 range, where 5 units are currently listed.
Medford 97501 Rent Price History
Rent by Bedroom Type in Medford 97501
Rent Prices by Apartment in Medford 97501
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| New Foundations Property Management | $1,200/mo | $1,200/mo | 1 | 4.2 |
| New Medford | $1,295/mo | $1,362/mo | 3 | 3.4 |
| Medford Plaza Apartments | $1,295/mo | $1,295/mo | 1 | 3.1 |
Google Search Trends for Medford 97501 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Medford 97501
What is the average rent in Medford 97501?
Is rent going up or down in Medford 97501?
What is the cheapest apartment in Medford 97501?
How much is a 1-bedroom apartment in Medford 97501?
How many apartments are available in Medford 97501?
What salary do I need to live comfortably in Medford 97501?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$53,000/year
Based on the 30 percent rule, using our tracked average rent of $1,316/mo.
Comfortable income
$63,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,200/mo), you need to earn at least $48,000/year.
Median household income in Medford 97501 is $70,497 , about 12% above the comfortable-living threshold.
Cost of living in Medford 97501
Overall prices in Medford 97501 runs above the national average by about 3% (BEA Regional Price Parity index 103.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Medford 97501's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,316 |
| Utilities | $436 |
| Groceries | $566 |
| Transportation | $1,039 |
| Healthcare | $507 |
| Other goods and services | $811 |
| Estimated total | $4,673/mo |
Population
85,794
Median household income
$70,497
Census median rent
$1,321/mo
Rent as % of income
32.7%
Median age
39.1
Mean commute
17 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Medford 97501 Apartments
Browse all 3 communities with daily-updated pricing and availability.