City Report · OR

Central Point

Pop. 19,216·9th most expensive in Oregon·Rental market data updated monthly for Central Point, OR
Median rent (all units)
$2,088/mo
Year-over-Year
+2.2%
Month-over-Month
-0.7%
vs US Median
+$156
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Central Point · $2,088
More expensive than 65% of US cities · National median $1,932/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $2,088/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$84,000/yr
Local median income
$86,058/yr
Based on the 30%-of-income rule using Central Point's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,220
2 BR
$1,560
3 BR
$2,190
4 BR+
$2,580
Fair Market Rent (HUD)
$1,560/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,088 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Oregon

Rent in Central Point changed +2.2% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($86,058) is $2,151 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $2,190.

Cheaper nearby

Medford, 10 miles away, rents for 17% less ($1,728/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Central Point. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,056/yr
At $2,088/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.2% YoY, -0.7% MoM), not inventory.
Rent check

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Demographics

Who lives here

Central Point, OR is majority owner-occupied, 28.4% of residents hold a bachelor's degree or higher.

Population
19,216
Median income
$86,058
Median age
41.7
Renters
32.8%
Age distribution
22.8%
17.3%
26.4%
13.6%
19.9%
Under 1822.8%
18–3417.3%
35–5426.4%
55–6413.6%
65+19.9%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
81.9%
17.5%
White81.9%
Black0.8%
Hispanic17.5%
Asian1.4%
Education (25+)
23.2%
40.7%
28.4%
No HS diploma7.7%
HS diploma23.2%
Some college40.7%
Bachelor's+28.4%
Housing tenure
67.2%
32.8%
Owner67.2%
Renter32.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Central Point, OR has changed in 5 years

Income
$73,534 → $86,058
up 17.0%
Population
18,948 → 19,216
up 1.4%
Renter share
30.5% → 32.8%
+2.3 pts
Bachelor's+
23% → 28.4%
+5.4 pts
Median age
39.7 → 41.7
+2.0 yrs

Local incomes tracked alongside that move, going from a median of $73,534 in 2021 to $86,058 more recently. The population has grown by 1.4% since 2021, moving from about 18,948 residents to roughly 19,216. Renters now make up 32.8% of households, compared with 30.5% five years ago. College-educated residents now make up 28.4% of adults here, versus 23% in 2021.

Community

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View Central Point rent history (2015–2026) →
Salary vs rent

Can you afford rent in Central Point on your salary?

At $2,088/mo, how Central Point rent compares to typical pay (30% rule).

By apartment size

Central Point rent by bedroom count

Median rent for each apartment size in Central Point. Click any size for full breakdown.

Local insights

Tips for renters in Central Point

About renting in Central Point, OR

Last updated: October 17, 2026

The median rent in Central Point is $2,088/mo as of October 2026. A studio apartment averages $1,070/mo while a 2-bedroom runs $1,560/mo. One-bedroom apartments average $1,220/mo and 3-bedroom units go for $2,190/mo.

At 29% of local median household income ($86,058/yr), Central Point ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Central Point?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,088/mo in Central Point. The local median household income is $86,058/yr, so the typical household meets that bar.

Is rent going up or down in Central Point?

Rent in Central Point has risen 2.2% over the past year.

How does Central Point rent compare to other cities in Oregon?

Central Point is one of the pricier among Oregon cities for rent, ranking #9 of 64 tracked cities at $2,088/mo. Over the year to September 2026, rent in Central Point changed +2.2%, against a typical +1.9% across the 54 Oregon cities Zillow tracks.

Which nearby cities are cheaper to rent in than Central Point?

Nearby cities with lower median rent than Central Point ($2,088/mo) include Grants Pass ($1,594/mo), Rogue River ($1,700/mo), and Medford ($1,728/mo).
Income Affordability
29%
AFFORDABLE

At $2,088/mo, rent takes ~29% of Central Point's median household income ($86,058/yr). The standard benchmark is 30%.

Central Point 29%Benchmark 30%
State income tax4.75–9.9%
Run the Central Point affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Central Point, OR

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