salaryRent is lower than in 54% of U.S. cities. A typical house costs about 5.3 years of household income. Commutes are short, about 16.6 minutes.
How much money do I need?
To rent here comfortably, you should earn about $62,400 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 26 of 105 cities from cheapest to most expensive.
How much do households earn in Medford?
Share of households by yearly income. 22.2% of households earn $100,000 or more.
Rent by apartment size in Medford
| Size | Medford | U.S. average |
|---|---|---|
| Studio | $959 | $1,338 |
| 1 bedroom | $1,147 | $1,324 |
| 2 bedrooms | $1,411 | $1,509 |
| 3 bedrooms | $1,816 | $1,698 |
| 4 bedrooms | $1,892 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Medford overall?
Everyday prices in the Medford metro area are 1% above the U.S. average (index 101.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Medford
Life in Medford
What jobs pay in Medford
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $163,540 | 11.4% |
| Nurse Practitioner | $155,580 | 12.0% |
| Physician Assistant | $155,110 | 12.1% |
| Software Developer | $129,690 | 14.4% |
| Lawyer | $127,970 | 14.6% |
| Registered Nurse | $127,030 | 14.7% |
| Dental Hygienist | $110,200 | 17.0% |
| Computer Systems Analyst | $101,520 | 18.4% |
| Operations Manager | $95,630 | 19.6% |
| Civil Engineer | $94,560 | 19.8% |
| Electrician | $92,410 | 20.3% |
| Police Officer | $87,160 | 21.5% |
| Accountant | $81,210 | 23.1% |
| Licensed Practical Nurse | $79,160 | 23.6% |
| Plumber | $78,440 | 23.9% |
| Elementary School Teacher | $65,830 | 28.4% |
| Market Research Analyst | $64,580 | 29.0% |
| Firefighter | $63,130 | 29.7% |
| HVAC Technician | $59,750 | 31.3% |
| Truck Driver | $58,220 | 32.2% |
| Carpenter | $57,930 | 32.3% |
| Server (Waiter/Waitress) | $50,440 | 37.1% |
| Medical Assistant | $48,820 | 38.3% |
| Nursing Assistant | $47,890 | 39.1% |
| Customer Service Representative | $45,630 | 41.0% |
| Restaurant Cook | $38,430 | 48.7% |
| Warehouse Worker | $37,980 | 49.3% |
| Retail Salesperson | $35,840 | 52.2% |
| Cashier | $34,390 | 54.4% |
Is it cheaper to rent or buy in Medford?
Renting is cheaper right now: about $1,334 a month less.
Owning assumes a typical $417,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,710 for the down payment.
Frequently asked questions
What is the average rent in Medford, OR?
Renting in Medford costs a median of about $1,560 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Medford?
To keep rent under 30% of income, you need about $62,400 a year, or $30 an hour at a full-time job.
Is Medford cheap or expensive?
Medford is rated OK: rent takes 23.7% of the typical household income of $78,979. It ranks 26th cheapest of 105 Oregon cities we track.
How much are property taxes in Medford?
The median homeowner in Medford pays $3,236 a year in property taxes, about 0.78% of the median home value.
Is Medford more expensive than the national average?
Overall prices in the metro area are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Medford?
The median home value in Medford is $417,100, about 5.3 times the typical yearly household income.
86,315 people live in Medford. Numbers are typical (middle) values.