Housing costs in Medford?
A typical home costs
$434,900, which is 28.6% more expensive than the national average of
$338,100 and 7.2% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Medford costs
$1,270 per month, which is 16.4% cheaper than the national average of
$1,520 and close to the state average of
$1,290.
Can I afford Medford?
To live comfortably in Medford (zip 97504), Oregon, a minimum annual income of
$83,160 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Medford?
The cost of living in 97504 Medford, OR is quite reasonable. The median home price in the area is around $215,000, with median rent being just over $1,000. This is much lower than the national average, making it a great place for families and young professionals to call home. Groceries are also quite affordable; with a variety of options available both locally and from large chain stores like Walmart and Safeway. Additionally there are plenty of restaurants and entertainment options in the area to choose from that won’t break your budget. Overall, 97504 Medford, OR is an ideal location for those looking for a comfortable life at an affordable price.