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Average Rent in Medford 97501 & Rent Trends

Rent prices and market trends across 4 apartment communities in Medford 97501, Medford, OR. Updated daily.

Market Average

$1,643/mo

Lowest Available

$1,200/mo

cheapest unit on market

Communities

4

tracked daily

Units Listed

13

available now

Medford 97501 vs Medford, OR Average

Medford 97501 is more expensive the Medford, OR average by $148/mo (10%). 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 $1,643 per month across 4 apartment communities and 13 available units.

The most affordable option is New Foundations Property Management starting at $1,200/mo. By unit type, a studio averages $1,750/mo, a 1-bedroom averages $1,316/mo, a 2-bedroom averages $1,300/mo, a 3-bedroom averages $1,845/mo, a 4-bedroom averages $2,498/mo.

Prices range from $1,200 to $2,695 per month. The most common price point is the $1,200 range, where 8 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Medford 97501

Studio
$1,750
from $1,250 · 2 units
1 Bed
$1,316
from $1,200 · 5 units
2 Bed
$1,300
from $1,250 · 2 units
3 Bed
$1,845
from $1,595 · 2 units
4 Bed
$2,498
from $2,300 · 2 units

Rent Prices by Apartment in Medford 97501

Property Starting at Average Units Rating
New Foundations Property Management $1,200/mo $1,784/mo 7 4.2
Medford Plaza Apartments $1,250/mo $1,273/mo 2 3.1
New Medford $1,295/mo $1,362/mo 3 3.4
Ayala Properties LLC $2,250/mo $2,250/mo 1 4.7

Frequently Asked Questions About Rent in Medford 97501

What is the average rent in Medford 97501?

The average rent in Medford 97501 is $1,643 per month as of July 2026, based on 13 units across 4 apartment communities.

Is rent going up or down in Medford 97501?

The current average rent in Medford 97501 is $1,643/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Medford 97501?

The most affordable apartment in Medford 97501 is New Foundations Property Management with units starting at $1,200/mo.

How much is a 1-bedroom apartment in Medford 97501?

A 1-bedroom apartment in Medford 97501 averages $1,316/mo, with prices starting at $1,200/mo across 5 available units.

How many apartments are available in Medford 97501?

There are 13 units available across 4 apartment communities 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

$66,000/year

Based on the 30 percent rule, using our tracked average rent of $1,643/mo.

Comfortable income

$79,000/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 11% below 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) $1,643
Utilities $436
Groceries $566
Transportation $1,039
Healthcare $507
Other goods and services $811
Estimated total $5,000/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

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