Rent in Medford, OR
Across Medford's 2 ZIP codes, a 2-bedroom typically rents for about $1,327 a month, with figures from $1,292–$1,539. The highest typical rent is in 97504 ($1,361) and the lowest in 97501 ($1,292). Owner-occupied homes in Jackson County pay about 0.74% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $863 | $783–$1,076 | 2 |
| 1 bed | $1,096 | $1,056–$1,243 | 2 |
| 2 beds | $1,327 | $1,292–$1,539 | 2 |
| 3 beds | $1,707 | $1,700–$2,131 | 2 |
| 4 beds | $1,634 | $1,423–$2,543 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Medford ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Medford, OR?
- About $1,327 a month: the median of the typical rents in 2 ZIP codes, which range from $1,292–$1,539. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Medford, OR?
- About $1,096 a month: the median of the typical rents in 2 ZIP codes, which range from $1,056–$1,243. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Medford, OR?
- About $1,707 a month: the median of the typical rents in 2 ZIP codes, which range from $1,700–$2,131. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Medford, OR?
- About $863 a month: the median of the typical rents in 2 ZIP codes, which range from $783–$1,076. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Medford, OR?
- About $1,634 a month: the median of the typical rents in 2 ZIP codes, which range from $1,423–$2,543. Figures are gross rent (rent plus tenant-paid utilities).
- Which Medford ZIP code has the highest rent?
- For a 2-bedroom, 97504 has the highest typical rent at $1,361 a month, and 97501 the lowest at $1,292.
- What is the property tax rate in Medford, OR?
- Owner-occupied homes in Jackson County pay a typical 0.74% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Medford rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).