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City Report · OR

Medford

Pop. 86,315·38th most expensive in Oregon·Medford rents are up 7.6% over the past year
Median rent (all units)
$1,721/mo
Year-over-Year
+7.6%
Month-over-Month
-3.8%
vs US Median
-$244
Falling (Monthly)
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Most AffordableMost Expensive
Medford · $1,721
More affordable than 60% of US cities · National median $1,965/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Medford's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,721/mo
Expected by trend
$1,761/mo
The Rent Reality Score compares today's median rent to where Medford's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$980
1 BR
$1,115
2 BR
$1,430
3 BR
$2,005
4 BR+
$2,360
Research median
$1,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,652/yr
At $1,721/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 (+7.6% YoY, -3.8% MoM), not inventory.
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Demographics

Who lives here

Medford, OR is majority owner-occupied, 30.1% of residents hold a bachelor's degree or higher.

Population
86,315
Median income
$73,230
Median age
38.9
Renters
43.7%
Age distribution
22.9%
22.4%
23.9%
19.5%
Under 1822.9%
18–3422.4%
35–5423.9%
55–6411.3%
65+19.5%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
75.9%
18%
White75.9%
Black1.1%
Hispanic18%
Asian1.4%
Other3.6%
Education (25+)
26.8%
34.2%
30.1%
No HS diploma9%
HS diploma26.8%
Some college34.2%
Bachelor's+30.1%
Housing tenure
56.3%
43.7%
Owner56.3%
Renter43.7%

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

2021 vs 2026

How Medford, OR has changed in 5 years

Rent
$1,359 → $1,721
up 26.6%
Income
$57,424 → $73,230
up 27.5%
Population
84,894 → 86,315
up 1.7%
Renter share
45.8% → 43.7%
-2.1 pts
Bachelor's+
27.1% → 30.1%
+3.0 pts
Median age
37.7 → 38.9
+1.2 yrs

Since 2021, the typical rent in Medford, OR has increased from $1,359 to $1,721, a 26.6% change over five years. On the earnings side, the typical household in Medford, OR now reports about $73,230, up from $57,424 in 2021. The population has grown by 1.7% since 2021, moving from about 84,894 residents to roughly 86,315. Renters now make up 43.7% of households, compared with 45.8% five years ago. College-educated residents now make up 30.1% of adults here, versus 27.1% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Medford, OR reflects that arc in its own way.

Community

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View Medford rent history (2015–2026) →
Salary vs rent

Can you afford rent in Medford on your salary?

At $1,721/mo, how Medford rent compares to typical pay (30% rule).

By apartment size

Medford rent by bedroom count

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

Local insights

Tips for renters in Medford

About renting in Medford, OR

Last updated: July 20, 2026

The median rent in Medford is $1,721/mo as of July 2026. A studio apartment averages $980/mo while a 2-bedroom runs $1,430/mo. One-bedroom apartments average $1,115/mo and 3-bedroom units go for $2,005/mo.

At 28% of local median household income ($73,230/yr), Medford ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.6% over the past year.

FAQ

Frequently asked questions

Is Medford an affordable city for renters?

Medford is considered affordable for renters. At $1,721/mo, rent takes approximately 28% of the local median household income ($73,230/yr). The standard benchmark is 30%. Medford falls comfortably within that range.

How much income do you need to rent in Medford?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,721/mo in Medford. The local median household income is $73,230/yr, meaning the typical Medford household meets that threshold.

Is rent going up or down in Medford?

Rent in Medford has increased 7.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Medford neighborhoods have the lowest rent?

The most affordable ZIP codes in Medford are 97501 ($1,610/mo), and 97504 ($1,897/mo). Citywide, the median rent in Medford is $1,721/mo.

How does Medford rent compare to other cities in Oregon?

Medford is middle-of-the-pack for Oregon for rent, ranking #38 out of 65 tracked cities at $1,721/mo.

Which nearby cities are cheaper to rent in than Medford?

Several nearby cities have lower median rents than Medford ($1,721/mo): Grants Pass ($1,632/mo), Rogue River ($1,700/mo).

What percentage of Medford residents rent vs. own?

According to Census data, approximately 43.7% of Medford households are renters, while 56.3% are owner-occupied. Medford leans toward homeownership, which can mean a smaller rental inventory.

How does Medford rent compare to the national average?

Medford's median rent of $1,721/mo is $244 (12%) below the US national median of $1,965/mo. Within Oregon, it ranks #38 out of 65 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,721/mo, rent takes ~28% of Medford's median household income ($73,230/yr). The standard benchmark is 30%.

Medford 28%Benchmark 30%
State income tax4.75–9.9%
Run the Medford affordability calculator →
Lowest-rent ZIP codes in Medford
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Medford, OR

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