Cheap Homes for Rent in Murphy, OR from $1,000 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Murphy.

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.

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.

Murphy, OR Local Guide

Cheapest Available Murphy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Murphy, OR is a Studio unit found at Valley Pines priced from $941. The Jackson in the Downtown Medford neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Murphy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley PinesStudioStudio,1BA$941
The JacksonE BuildingStudio,1BA$1,095
Bartlett Street Apartments#91BR,1BA$1,100
Orchard Glen Estates2 Bedroom 1.5 Bath Apartment2BR,1BA$1,275
Discover Downtown Living at New Medford Apartments1x1 I-091BR,1BA$1,275

Best Value Apartments for Rent in Murphy, OR and Nearby

As of May 31, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1809 Williams Hwy18094BR,2BA$1.29
Oak Grove Estates3 Bed 2.5 Bath3BR,2.5BA$1.26
Saddle Butte Duplexes1012BR,1.5BA$1.20
Ridgewood2X2A2BR,2BA$1.74
Ivy Club Apartments2 BEDROOM UPSTAIRS2BR,2BA$1.36
Ashlander Apartments3BR/1BA3BR,1BA$1.79
Charles Point2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.73
Smith Crossing Apartments2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.77
Orchard Glen Estates2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.58
The JacksonE BuildingStudio ,1BA$1.37

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.

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Real 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.

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Location, Location, Location!

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Frequently Asked Questions about Murphy

What type of rentals are currently available in Murphy?

There are currently 42 Apartments for Rent in Murphy, OR with pricing that ranges from $895 to $2,250. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Murphy ranging from $1,000 to $2,600.

What is the current price range for Rental Homes in Murphy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Murphy ranges from $1,000 to $2,600 with an average monthly rent of $1,802.

How much are larger Three and Four Bedroom Rentals in Murphy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Murphy range from $1,372 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,950.

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

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.