5

Newest Homes for Rent in Phoenix, OR

Section Image
  • /2

    $1,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,341 Sq Ft
    • Townhouse for Rent

    233 Dano Dr, Phoenix, OR 97535

    Newer Construction* More pics coming soon- setting up showings now.Home for Rent 233 Dano Dr, Phoenix OR3 bed 2 baths, 1367 sq ft. Park Rose Townhomes, a beautiful new townhome community. Park Rose Townhomes boasts generous open space with south facing decks that back up to Coleman Creek. All three bedrooms are upstairs, and the home has a single-car garage. The kitchen and

    233 Dano Dr, Phoenix, OR 97535
  • /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: 2610354Modern 2BR/1.5BA Apartment - Prime Phoenix Location | $1,500/mo Available Now - 1000 sq ftJust 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
  • /9

    $2,150

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • House for Rent

    416 Coral Cir, Phoenix, OR 97535

    This gorgeous home in a quiet neighborhood has three bedrooms, two bathrooms and two car garage. Large fenced yard for gardening or entertaining. Appliances include refrigerator, range, and microwave. Large living room with wood fireplace. Trash and sewer included. Tenant pays electric, water, gas and internet. One pet OK with a $600 deposit. Available 08/10/26 Rent/Lease $2150 a month.

    416 Coral Cir, 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

    Tentatively available mid July. 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

    804 Corey Dr, 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

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 $2,050 per month, though prices vary by neighborhood, size, and property type. As of July 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 $82,000 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 $2,050 per month in Phoenix, OR, renters typically need to show $6,150 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 16.8, 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 Washington, Liberty Park, West Main, Northwest Medford and North Medford, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,050
Median Single Family Home Rent
$2,150
Median Condo Rent
$1,500
How to Rent a Home