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Phoenix, OR Homes for Rent

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  • /11

    $1,500 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    210 Cheryl Ln Unit 21, Phoenix, OR 97535

    Property Id: 2610354 Modern 2BR/1.5BA Apartment - Prime Phoenix Location | $1,500/mo Available Now - 1000 sq ft Just listed! Move into this spacious, newly constructed 2-bedroom, 1.5-bath apartment in a quiet, secure residential complex. Perfect blend of modern finishes and practical living. -In-unit washer & dryer + dishwasher (no more laundromat runs!) -

    210 Cheryl Ln Unit 21, Phoenix, OR 97535
  • /42

    $1,650

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 648 Sq Ft
    • House for Rent

    4219 Colver Rd Unit Cottage, Phoenix, OR 97535

    This garden cottage has everything you need for a comfortable stay! Fully furnished and stocked with kitchen basics plus a coffee setup, it's ready for you to move into after the previous tenant leaves on July 7.The backyard is fenced for privacy and pets.The home is heated and cooled with a quiet and efficient Mitsubishi Mini Split System. There's a washer and dryer available

    4219 Colver Rd Unit Cottage, Phoenix, OR 97535
  • /26

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,452 Sq Ft
    • House for Rent

    804 Corey Dr, Phoenix, OR 97535

    AVAILABLE NOW!!! No pets allowed. This inviting single-family home features a kitchen equipped with a range, refrigerator, dishwasher, and garbage disposal, 3 bedrooms and 2 bathrooms, and approximately 1490 sq ft. Washer and dryer are included. The home includes central heating and air conditioning. One parking spot provided. Tenant is responsible for landscaping and all other utilities and

    804 Corey Dr, Phoenix, OR 97535
  • /21

    $1,495 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    192 S Church St Unit A, Phoenix, OR 97535

    192 S Church St Unit A, Phoenix, OR 97535

Why Live in Phoenix

Phoenix, Oregon, is a small town in the Rogue River Valley known for its vineyards, fruit orchards, and diverse dining options. Located between Medford and Ashland, it offers a variety of things to do, including outdoor activities like hiking and boating, thanks to its proximity to lakes and the Siskiyou Mountains. The residential areas feature Craftsman, New Traditional, and ranch-style homes, mostly built between the 1970s and the 21st century, with sizes ranging from 1,200 to 2,000 square feet. Main Street is lined with art stores, bakeries, and unique local restaurants such as Los Tres Potrillos and Clyde's Corner. The Phoodery is a popular spot with five restaurants and a rooftop bar. For groceries, residents frequent Ray's Food Place in town or Fred Meyer in Medford, just 4 miles away. Blue Heron Park and Colver Park provide recreational spaces, while the Bear Creek Greenway offers an 18-mile trail connecting Phoenix to nearby towns. The Phoenix-Talent School District includes Phoenix High School, which has a high rating and a peer-mediation program. Despite the challenges posed by the 2020 Almeda Fire, the community has shown resilience in rebuilding. The town is well-connected via State Route 99 and the Rogue Valley Transit Transportation District, with Medford 5 miles north and Ashland 8 miles south. The Rogue Valley International Medford Airport is about 10 miles away, providing convenient travel options.

Frequently Asked Questions

How much does it cost to rent a home in Phoenix, OR?
The median rent for a home in Phoenix, OR is $1,950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Phoenix, OR?
To comfortably afford the median rent in Phoenix, OR, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Phoenix, OR, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Phoenix, OR?
In Phoenix, OR, the price-to-rent ratio is 17.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Phoenix, OR are best for renting a home?
The best neighborhood for renting in Phoenix, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest Medford, Washington, Liberty Park, West Main and Northwest Medford, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,950
Median Single Family Home Rent
$2,075
Median Condo Rent
$1,500
How to Rent a Home