
Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, OR from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Medford area of Medford.


611 W 2nd St

10 Willamette Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

819 Taylor St

697 W 13th St

1112 Withington St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

207 Washington St, Unit 207 Washington St
Downtown Medford, Medford, OR Local Guide

How much does it cost to rent a home in Downtown Medford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Medford 2 Bedroom Homes for Rent | $1,441 | $1,275 | $1,650 |
| Downtown Medford 3 Bedroom Homes for Rent | $1,275 | $1,275 | $1,275 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Medford Neighborhood of Medford, OR.
Explore Medford
Downtown Medford, Medford, OR Local Guide
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Cheapest Available Downtown Medford Apartments for Rent
 The cheapest available apartment rental in the Downtown Medford area of Medford, OR is a Studio unit found at The Jackson priced from $1,095. Bartlett Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Downtown Medford apartments for rent in Medford, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Jackson | E Building | Studio,1BA | $1,095 |
| Bartlett Street Apartments | #9 | 1BR,1BA | $1,100 |
| New Medford Apartments | 1x1 I-09 | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Downtown Medford, OR
As of June 15, 2026 the best value apartment in the Downtown Medford area is the $1.72 price per square foot 536 Hamilton St Model at 536 Hamilton St, Unit 536 in the in the Downtown Medford neighborhood starting from $1,700. The second greatest value Downtown Medford apartment is the 423 S Peach St Model at 423 S Peach St, Unit 423 S Peach St starting at $1,275 with a $1.59 price per square foot in the Downtown Medford neighborhood. Here is today’s list of the best values for Downtown Medford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 536 Hamilton St, Unit 536 | 536 Hamilton St | 3BR,1BA | $1.72 |
| 423 S Peach St, Unit 423 S Peach St | 423 S Peach St | 2BR,1BA | $1.59 |
| The Jackson | E Building | Studio ,1BA | $1.37 |
| Bartlett Street Apartments | #13 | 1BR,1BA | $2.20 |
| New Medford Apartments | 1x1 I-09 | 1BR,1BA | $2.60 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Medford, Medford, OR
Ranked #1
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Medford
What type of rentals are currently available in Downtown Medford?
There are currently 54 Apartments for Rent in Downtown Medford, OR with pricing that ranges from $875 to $1,700. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $1,000 to $1,650.
What is the current price range for Rental Homes in Downtown Medford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Medford ranges from $1,000 to $1,650 with an average monthly rent of $1,263.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.