Cheap Apartments for Rent in 97501
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PET FRIENDLY$1,295 - $1,395/mo
1 Bed
1 BathDiscover Downtown Living at New Medford Apartments | 406 W Main St #507,
Medford, OR 97501
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PET FRIENDLY$1,525 - $2,095/moStudio-2 Beds1-2 BathsThe Reserve at Northgate | 237 E McAndrews Rd #141,
Medford, OR 97501
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Average Rent Trends in 97501
Rent in 97501 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,500 |
| Aug 2025 | $1,542 |
| Sep 2025 | $1,595 |
| Oct 2025 | $1,478 |
| Nov 2025 | $1,395 |
| Dec 2025 | $1,400 |
| Jan 2026 | $1,467 |
| Feb 2026 | $1,410 |
| Mar 2026 | $1,550 |
| Apr 2026 | $1,575 |
| May 2026 | $1,425 |
| Jun 2026 | $1,550 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,195 | $1,475 | $2,198 | $2,300 | $1,695 |
| Townhomes | — | $1,295 | $2,100 | — | $1,695 |
| Apartments and Condos | $1,095 | $1,420 | $2,198 | — | $1,350 |
| Houses | $1,345 | $1,800 | $2,200 | $2,300 | $2,100 |
Frequently Asked Questions about Rentals in 97501
- What is the average rent of an apartment in 97501?The average rent of an apartment in 97501 is $1,325 per month. This is about 32% lower than the national average.
- When is the average rent cheapest in 97501?In the last year, the average rent in 97501 was lowest in Nov 2025 when it was $1,395 per month.
- When is the average rent most expensive in 97501?In the last year, the average rent in 97501 was highest in Sep 2025 when it was $1,595 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97501?The average rent of a 1 bedroom apartment in 97501 is $1,195 per month. That is about $40 more than the cost of a studio apartment.
- How many available rental listings are in 97501?There are 87 available rental listings in 97501.
- What are some cities near 97501?Some nearby cities include: Medford, Phoenix, Central Point, Talent, Jacksonville, Gold Hill. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97501 - 120 Rentas | Trulia