In Medford, a typical home is worth $417,100 and typical rent is $1,376 a month. Compared with all of Jackson County, the share of households that own their home is 10 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $377,957 to $404,082.
Typical rent
$1,728a month
▲ 2.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,423 to $1,728.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Medford is in Jackson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jackson County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in White City, the typical home value is $302,400: 27% less than in Medford ($417,100).
2
56% of households in Medford own their home, against 66% in Jackson County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Medford
What homes there are in Medford, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Medford
Jackson County
Oregon
United States
Kind of home: Medford and its comparisons
Measure
Medford
Jackson County
Oregon
United States
Detached house
64%
65%
63%
61%
Attached house
4%
6%
5%
6%
Building of 2 to 4
11%
8%
7%
8%
Apartments (5 or more)
17%
11%
18%
19%
Mobile home
3%
10%
7%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
In Medford, 6 in 10 homes are single-family detached houses, about the same as in Jackson County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Medford
Jackson County
Oregon
United States
Year built: Medford and its comparisons
Measure
Medford
Jackson County
Oregon
United States
Before 1960
23%
18%
23%
26%
1960–1979
23%
27%
26%
24%
1980–1999
27%
27%
25%
25%
2000–2009
15%
17%
14%
14%
2010 or later
12%
11%
12%
11%
In Medford, half of the homes were built before 1984; in Jackson County, before 1985.
In Medford, 59% of homes have 3 bedrooms or more, about the same as in Jackson County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K3%
$200K–$300K12%
$300K–$500K52%
$500K–$750K22%
FHA limit: $541,287
$750K–$1M3%
$1M or more2%
Value of owner-occupied homes: Medford and its comparisons
Measure
Medford
Under $100K
5%
$100K–$200K
3%
$200K–$300K
12%
$300K–$500K
52%
$500K–$750K
22%
$750K–$1M
3%
$1M or more
2%
About 76% of owner-occupied homes in Medford are worth less than the FHA loan limit for Jackson County ($541,287).
Monthly rent with utilities
Under the limitOver the limit
Under $5005%
$500–$99914%
$1,000–$1,49941%
$1,500–$1,99926%
HUD fair market rent, 2 bedrooms: $1,539
$2,000–$2,4997%
$2,500–$2,9994%
$3,000 or more4%
Monthly rent with utilities: Medford and its comparisons
Measure
Medford
Under $500
5%
$500–$999
14%
$1,000–$1,499
41%
$1,500–$1,999
26%
$2,000–$2,499
7%
$2,500–$2,999
4%
$3,000 or more
4%
HUD's 2-bedroom fair market rent (FMR) for Jackson County is $1,539: about 62% of rents in Medford are below it.
With a mortgage
$1,884 a month
Jackson County: $1,935 a month
Without a mortgage
$619 a month
Jackson County: $624 a month
Owners with a mortgage
69%
Jackson County: 61%
In Medford, 69% of owners have a mortgage; their typical cost is $1,884 a month, about the same as in Jackson County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Medford+57%
Jackson County+54%
Oregon+53%
United States+53%
Typical rent
Medford+42%
Jackson County+37%
Oregon+37%
United States+33%
Typical household income
Medford+46%
Jackson County+39%
Oregon+32%
United States+29%
Change since 2015–2019: Medford and its comparisons
Measure
Medford
Jackson County
Oregon
United States
Typical home value
+57%
+54%
+53%
+53%
Typical rent
+42%
+37%
+37%
+33%
Typical household income
+46%
+39%
+32%
+29%
Since 2015–2019, homes in Medford gained value faster than in Jackson County: 57% against 54%.
The typical rent in Medford rose 42% over the same time; in Jackson County, it rose 37%.
The typical household income in Medford rose 46% over that time; home values changed +57% and rent +42%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Medford and its comparisons
Measure
Medford
Jackson County
Oregon
United States
Rental vacancy
4.6%
4.1%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.7%
0.9%
More than one person per room
3.5%
3.0%
3.2%
3.4%
People per household
2.42
2.37
2.42
2.53
Drive alone
73%
72%
65%
69%
Carpool
12%
9%
9%
9%
Public transit
Unreliable estimate
1%
2%
3%
Walk or bike
3%
4%
5%
3%
Work from home
11%
13%
19%
15%
Other means
1%
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Open rentals in Medford look like those in Jackson County: the rental vacancy rate is 4.6%.
More than one person per room: that is how 3.5% of households in Medford live, near the figure in Jackson County (3.0%).
Much as in Jackson County, a household in Medford has 2.42 people on average.
The car rules in Medford: 73% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Medford?
A typical home costs more than the typical income allows
We start with a typical home in Medford, worth $417,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 56% of the typical household income in Medford, which is $73,230 a year. For that payment to be 28% of income, a household would need to earn about $145,877 a year.
The calculator's FHA and conventional loan limits are those of all of Jackson County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Medford. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $14,599 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,404
at 7.18% · 30 years
Loan amount
$409,545
Total interest
$589,239
Paid off in
November 2056
Includes $7,044 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,709 a month
Tight
$1,709 to $2,197 a month
Hard
more than $2,197 a month
Your payment · 56%
Compared with the typical household income in Medford ($73,230 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,774
Property tax
$271
Home insurance
$174
FHA mortgage insurance (MIP)
$184
You need at least $14,599 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,404; principal and interest $2,774.
The city and its county
Medford and Jackson County
Medford is in Jackson County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Medford
Map of Jackson County, Oregon, with Medford marked. Around it, the neighboring counties.
Medford
Jackson County
Other cities with a page
Medford's own numbers
Typical home value
$417,100
Typical monthly rent
$1,376
Typical yearly household income
$73,230
Households that own their home
56%
Effective property tax rate
0.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Jackson County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,539
Price change over 5 years (FHFA)
+32%
Homes in a high flood-risk zone
3.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jackson County.
A typical home in Medford is worth $417,100: 3% below the county and 13% below Oregon. With the typical household income in Medford ($73,230 a year), a typical home costs 5.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Medford5.7 years
Jackson5.8 years
Oregon5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Jackson County
According to FHFA’s house price index, home prices in Jackson County rose 79% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Jackson County.
Yearly change in FHFA’s price index in Jackson County, 2016 to 2025
2016: +8.4% +8.4% 2016
2017: +8.2% +8.2% 2017
2018: +6.9% +6.9% 2018
2019: +4.5% +4.5% 2019
2020: +3.4% +3.4% 2020
2021: +15.0% +15.0% 2021
2022: +11.7% +11.7% 2022
2023: −1.7% −1.7% 2023
2024: +3.6% +3.6% 2024
2025: +1.1% +1.1% 2025
Change in FHFA’s price index in Jackson County, Oregon and the United States
Period
County
Oregon
U.S.
Last year (2025)
+1.1%
+0.9%
+2.9%
5 years (2020–2025)
+32%
+35%
+47%
10 years (2015–2025)
+79%
+86%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Medford next to Jackson County, Oregon and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Medford$417,100
Jackson$430,200
Oregon$477,600
United States$332,700
Typical monthly rent
Medford$1,376
Jackson$1,358
Oregon$1,525
United States$1,413
Typical yearly household income
Medford$73,230
Jackson$73,999
Oregon$83,011
United States$80,734
See the full table
Medford next to Jackson County and Oregon
Measure
Medford
Jackson County
Oregon
U.S.
Typical home value
$417,100 ▼3% below the county
$430,200
$477,600
$332,700
Typical monthly rent
$1,376
$1,358
$1,525
$1,413
Typical yearly household income
$73,230
$73,999
$83,011
$80,734
Households that own their home
56% ▼10 points below the county
66%
63%
65%
Typical yearly property tax
$3,236
$3,174
$3,876
$3,119
Effective property tax rate
0.78% ▲0.04 points above the county
0.74%
0.81%
0.94%
Renters with high rent for their income
57% ▲1 points above the county
56%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jackson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Medford
For a typical $417,100 home in Medford, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Medford's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,404a month
Least cash to close
Down payment
$14,599
Cash to close
$27,112
Rate
7.18%
Mortgage insurance
FHA MIP · $184
Conventional, 5% down$3,327a month
Down payment
$20,855
Cash to close
$33,368
Rate
7.18%
Mortgage insurance
PMI · $198
Conventional, 20% down, no PMI$2,705a month
Down payment
$83,420
Cash to close
$95,933
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,091a month
Down payment
$62,565
Cash to close
$75,078
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Medford
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,404
$14,599
$409,545
7.18%
FHA MIP · $184
$27,112
580
Conventional, 5% down
$3,327
$20,855
$396,245
7.18%
PMI · $198
$33,368
620*
Conventional, 20% down, no PMI
$2,705
$83,420
$333,680
7.18%
None
$95,933
620*
ITIN, 15% down (example)
$3,091
$62,565
$354,535
8.18%
None
$75,078
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Medford is $1,376 a month: about the same as the county. In Medford, 57% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Jackson County, by unit size. To pay the 2-bedroom one ($1,539 a month) without spending more than 30% of your income, you would need to earn $29.60 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Jackson County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,076
$20.69
$43,040
1 bedroom
$1,243
$23.90
$49,720
2 bedrooms
$1,539
$29.60
$61,560
3 bedrooms
$2,131
$40.98
$85,240
4 bedrooms
$2,543
$48.90
$101,720
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Medford
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Medford has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,530 in 97501 to $1,580 in 97504.
1 of the 2 is above the fair market rent for Jackson County ($1,539).
Fair market rent by ZIP code and size in Medford, fiscal year 2027.
97501
$1,070
$1,240
$1,530
$2,120
$2,530
97504
$1,100
$1,280
$1,580
$2,190
$2,610
ZIP code2 bd3 bd
97501 $1,530$2,120
97504 $1,580$2,190
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Medford when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 21 buildings with rents for lower incomes in Medford. These are the largest.
Valley Pines Apts645 Royal Ave, Medford 97504120 low-income homes · Studio: 42 · 1 bd: 42 · 2 bd: 30 · 3 bd: 6 · In service since 2000 · For families
Rogue River Estates1395 Poplar Dr, Medford 9750494 low-income homes · Studio: 12 · 1 bd: 81 · 2 bd: 1 · In service since 2008 · For older adults, people with disabilities(541) 779-5785
Barnett Townhomes1852 E Barnett Rd, Medford 9750482 low-income homes · In service since 1996 · For families
Maple Terrace - Medford5 Mace Rd, Medford 9750182 homes, 81 low-income · 1 bd: 22 · 2 bd: 48 · 3 bd: 12 · In service since 2007 · For families
Medford Hotel Apts406 W Main St, Medford 9750174 low-income homes · 1 bd: 74 · In service since 1990
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Jackson County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Medford or Jackson County. The ones below are statewide in Oregon: they work in Medford the same as in the rest of the state.
Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage.Offered by Oregon Housing and Community Services (OHCS).
Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable.Offered by Oregon Housing and Community Services (OHCS).
No legal help resource on our list is for Medford or Jackson County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Medford and all of Jackson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Medford?
The typical home value in Medford is $417,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jackson County it is $430,200.
How much does it cost to rent in Medford?
Typical rent in Medford is $1,376 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jackson County is $1,539.
What is the FHA loan limit in Medford?
Medford uses the FHA limit for all of Jackson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Medford?
The typical homeowner in Medford pays $3,236 a year, according to the U.S. Census Bureau. That is 0.78% of the home’s value; in Jackson County, the rate is 0.74%.
Where can I find free help to buy or rent in Medford?
There are 2 HUD-approved counseling agencies with an office in Jackson County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
