How many apartments are available in 97501 on Rentable.co?
Rentable.co has 63 apartments available for rent in 97501.
What is the average rent for an apartment in 97501?
The average rent for an apartment in 97501 is around $1,900 per month.
What is the average rent for a one-bedroom apartment in 97501?
The average rent for a one-bedroom apartment in 97501 is around $1,300 per month.
What is the average rent for a two-bedroom apartment in 97501?
The average rent for a two-bedroom apartment in 97501 is around $1,895 per month.
What is the average rent for a studio apartment in 97501?
The average rent for a studio apartment in 97501 is around $1,150 per month.
Find an Apartment in 97501
Looking for apartments for rent in 97501 Medford, OR? You're in luck! Rentable has a variety of rental units available in this area. Currently, there are 134 units for rent in the 97501 zip code. The average rent in this area is $1,820, making it an attractive option for budget-conscious renters.
If you're looking for an affordable floor plan, there are options starting at $700. Whether you're searching for a studio, one-bedroom, or two-bedroom apartment, you'll find choices that suit your needs and budget.
The 97501 zip code is conveniently located near several points of interest, parks, and community amenities. Nearby, you'll find beautiful parks, such as Bear Creek Park and Hawthorne Park, where you can enjoy outdoor activities and gatherings. Additionally, there are shopping centers, restaurants, and entertainment options in close proximity to the area, ensuring that you'll have everything you need within reach.
Don't miss out on the opportunity to find the perfect apartment near 97501. Explore Rentable's listings today and discover your ideal rental in Medford, OR.
Medford: November Rent Report
Welcome to the November 2024 Medford Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2024 key findings and figures for the Medford rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Medford and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Medford average rent prices in the chart below.
Monthly Rent Report
$1,500
$1,130
$750
$380
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR2 BR
Medford Rent Prices Increase From October to November
Medford rent prices increased over the last month. From October to November, the city experienced a 4.92% increase for the price of a one-bedroom apartment. The rent price for a Medford one-bedroom apartments currently stands at $1,259.0.
When we take a look at the two-bedroom comparison from October to November, Medford experienced a 2.97% increase for the price of a two-bedroom apartment. The rent price for a Medford two-bedroom apartments currently stands at $1,421.0.
November Prices: Medford vs. Surrounding Areas
Jacksonville, OR
Ashland, OR
Talent, OR
Medford, OR
$1,614
$1,581
$1,350
$1,200
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent
Rent Prices in Medford and Surrounding Areas
Rent prices have increased in Medford over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Medford suburb increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Ashland, OR .
Rent decreased in Jacksonville, OR, Talent, OR.
3 suburbs are currently priced higher than the city of Medford.
November 2024 Pricing Trends: Medford vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Medford, OR
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,200
$0
$1,400
$2,800
$4,200
$5,600
Median Rent
Medford Rent Prices More Affordable Than Major Cities
Rent growth in Medford over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Medford average rent prices appear to be
relatively affordable for local residents.
The price for a Medford one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Medford and surrounding area rent prices, take a look at the complete data set below.
Data set for Medford and suburbs
1 BR November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Medford, OR
$1,200.0
-0.17%
$1,380.0
1.10%
Ashland, OR
$1,581.0
2.40%
$1,803.0
-1.37%
Jacksonville, OR
$1,614.0
-2.24%
$2,000.0
2.04%
Talent, OR
$1,350.0
0.00%
$1,695.0
0.00%
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.