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ZIP Code · OR

ZIP 97501

Part of Medford, OR
Pop. 44,670·Jackson County·91st most expensive ZIP in Oregon
Median rent (all units)
$1,610/mo
Year-over-Year
+5.9%
Month-over-Month
-3.7%
vs US Median
-$355
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97501 · $1,610
More affordable than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,210
2 BR
$1,510
3 BR
$2,100
4 BR+
$2,480
Research median
$1,510/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
$19,320/yr
At $1,610/mo median
Location
StateOR
CountyJackson County
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 (+5.9% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 97501 (Medford, OR) is roughly split between renters and owners, has a median income below the national average, 20.7% of residents hold a bachelor's degree or higher.

Population
44,670
Median income
$63,977
Median age
37.7
Renters
45.6%
Age distribution
22.6%
24.3%
25.2%
16.6%
Under 1822.6%
18–3424.3%
35–5425.2%
55–6411.3%
65+16.6%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
74.3%
19.7%
White74.3%
Black0.9%
Hispanic19.7%
Asian0.8%
Other4.3%
Education (25+)
32.4%
36.2%
20.7%
No HS diploma10.7%
HS diploma32.4%
Some college36.2%
Bachelor's+20.7%
Housing tenure
54.4%
45.6%
Owner54.4%
Renter45.6%

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

2021 vs 2026

How ZIP 97501 in Medford, OR has changed in 5 years

Income
$52,798 → $63,977
up 21.2%
Population
47,229 → 44,670
down 5.4%
Renter share
46.3% → 45.6%
-0.7 pts
Bachelor's+
17.6% → 20.7%
+3.1 pts

Census figures show median household income at $63,977 today, compared with $52,798 five years earlier. The population has contracted by 5.4% since 2021, moving from about 47,229 residents to roughly 44,670. College-educated residents now make up 20.7% of adults here, versus 17.6% in 2021.

Community

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Local insights

Tips for renters in ZIP 97501

About renting in ZIP 97501

Last updated: July 20, 2026

ZIP code 97501 covers Medford, OR. The median rent here is $1,610/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,510/mo.

At 30% of local median household income ($63,977/yr), ZIP 97501 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97501?

As of July 20, 2026, the median monthly rent in ZIP 97501 (Medford, OR) is $1,610. This is based on aggregated data from public sources and community submissions.

How does ZIP 97501 rent compare to the US average?

ZIP 97501's median rent of $1,610/mo is $355 (18%) below the US national median of $1,965/mo.

How does ZIP 97501 compare to other ZIPs in Oregon?

ZIP 97501 is among the more affordable ZIP codes in Oregon, ranking #91 out of 116 ZIPs at $1,610/mo.

How much income do you need to rent in ZIP 97501?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,610/mo in ZIP 97501. The local median household income is $63,977/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97501?

Rent in ZIP 97501 has increased 5.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 97501 an affordable place to rent?

ZIP 97501 is considered moderate for renters. At $1,610/mo, rent takes approximately 30% of the local median household income ($63,977/yr). The standard benchmark is 30%. ZIP 97501 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97501 residents rent vs. own?

According to Census data, approximately 45.6% of ZIP 97501 households are renters, while 54.4% are owner-occupied. ZIP 97501 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97501 compare to the rest of Medford?

ZIP 97501 is more affordable than Medford overall. At $1,610/mo, it's $111 below the Medford citywide median of $1,721/mo.

When was rent data for ZIP 97501 last updated?

Rent data for ZIP 97501 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,610/mo, rent takes ~30% of ZIP 97501's median household income ($63,977/yr). The standard benchmark is 30%.

ZIP 97501 30%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97501 (Medford, OR)

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