
Cheap Apartments for Rent near Murphy, OR from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Murphy.


7015 Rogue River Hwy

Valley Pines

The Jackson

Lookingglass Apartments

Poplar Village North

412 NW Manzanita Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1526 W Main St

Orchard Glen Estates

New Medford Apartments

448 N 1st St

1502 Prune St

Charles Point

Saddle Butte Duplexes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Camino Colibri

70-110 S Haskell St

507 NE D St

306 SW K St

602 Schroeder Ln

Bartlett Street Apartments

704 SE 9th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Morningside Apartments

Genesis Apartments

1806 Medart Ln

1884 Medart Ln

1636 Leonard Rd

1736 Medart Ln

1841 Hubbard Ln
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.
Murphy, OR Local Guide

How much does it cost to rent an apartment in Murphy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Murphy Studio Apartments | $965 | $750 | $1,525 |
| Murphy 1 Bedroom Apartments | $1,315 | $1,050 | $2,250 |
| Murphy 2 Bedroom Apartments | $1,700 | $1,195 | $2,250 |
| Murphy 3 Bedroom Apartments | $1,773 | $1,372 | $2,275 |
| Murphy 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
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Murphy, OR Local Guide
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Cheapest Available Murphy Apartments for Rent and Nearby
 The cheapest available apartment rental in Murphy, OR is a Studio unit found at 57 N Adams St/ 97 E 1st priced from $700. Valley Pines has the second lowest priced unit, which is a Studio apartment currently listed from $1,004. Here is today’s list of the most affordable Murphy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 57 N Adams St/ 97 E 1st | 97 E 1st - Studio | Studio,2BA | $700 |
| Valley Pines | Studio | Studio,1BA | $1,004 |
| The Jackson | E Building | Studio,1BA | $1,095 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1BA | $1,275 |
| New Medford Apartments | 1x1 H-08 | 1BR,1BA | $1,285 |
| Charles Point | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,350 |
| Saddle Butte Duplexes | 101 | 2BR,1BA | $1,375 |
| Smith Crossing Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1BA | $1,425 |
| Oakridge | 2x1 Second Floor and Top Floor | 2BR,1BA | $1,500 |
| Anjou Club Apartment Homes | 2x1 | 2BR,1BA | $1,570 |
Best Value Apartments for Rent in Murphy, OR and Nearby
As of July 23, 2026 the best value apartment in the Murphy area is the $1.29 price per square foot 1809 Model at 1809 Williams Hwy in the starting from $1,950. The second greatest value Murphy apartment is the 3 Bed 2.5 Bath Model at Oak Grove Estates starting at $1,895 with a $1.26 price per square foot . Here is today’s list of the best values for Murphy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1809 Williams Hwy | 1809 | 4BR,2BA | $1.29 |
| Oak Grove Estates | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.26 |
| Ridgewood | 3X2A | 3BR,2BA | $1.48 |
| Saddle Butte Duplexes | 101 | 2BR,1.5BA | $1.20 |
| Oakridge | 2x1 Second Floor and Top Floor | 2BR,1BA | $1.65 |
| Charles Point | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.73 |
| Smith Crossing Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.77 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.58 |
| The Jackson | E Building | Studio ,1BA | $1.37 |
| Poplar Village North | Floor Plan A | 1BR,1BA | $1.47 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Murphy, OR
Frequently Asked Questions about Cheap Murphy Apartments
What is the Cheapest Studio apartment in Murphy?
Currently the most affordable Cheap Studio Apartment in Murphy is at 57 N Adams St/ 97 E 1st listed at $700.
How much is rent for a Cheap One Bedroom Murphy Apartment?
The lowest price for a Cheap One Bedroom Murphy Apartment is $904 at 57 N Adams St/ 97 E 1st.
What is the lowest price for a Cheap Two Bedroom Murphy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Murphy is starting from $1,275 at Orchard Glen Estates.
What is the most affordable Murphy Three Bedroom Apartment?
The best deal on a cheap Murphy Three Bedroom Apartment rental is at Charles Point and starts from $1,595.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.