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Shady Cove, OR Homes for Rent

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  • /15

    $1,795 Per Month

    • 3 Beds
    • 2 Baths
    • 1,226 Sq Ft
    • Condo for Rent

    81 Erickson Ave, Shady Cove, OR 97539

    Discover comfortable living in this spacious 3-bedroom, 2-bathroom home at 83 Erickson Ave, Shady Cove, OR. Featuring modern amenities such as air conditioning, laminate countertops, a private patio, and in-unit conveniences including a microwave, dishwasher, disposal, and refrigerator. Additional storage, a linen closet, and washer/dryer hookups add to the convenience. This residential

    81 Erickson Ave, Shady Cove, OR 97539
  • /23

    $1,895 Per Month

    • 3 Beds
    • 2 Baths
    • 1,272 Sq Ft
    • Condo for Rent

    31 Erickson Ave Unit A, Shady Cove, OR 97539

    This gorgeous unit is nestled in the pine trees of Shady Cove, just minutes to the Rogue River. This duplex offers a privacy in a rural setting close to town and river fun. With 1272 sq ft, this beautiful home has 3 bedrooms and 2 baths, an open concept kitchen - perfect for those who want to experience rustic living while being just 15 minutes from Eagle Point. Also includes a private, fenced

    31 Erickson Ave Unit A, Shady Cove, OR 97539
  • /13

    $1,595 Per Month

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

    35 Maple St, Shady Cove, OR 97539

    YOU MUST APPLY @ BEFORE scheduling a tour of this property.If the property is not listed on our website then the property is no longer available._____________________DESCRIPTION: Cute 2 Bedroom 1 Bath Home in Shady Cove. This home has a large fenced yard. A carport and a storage shed. Large laundry room with washer/dryer hook ups. The kitchen is equipped with a stove and

    35 Maple St, Shady Cove, OR 97539
  • /15

    $1,125 Per Month

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

    300 Indian Trail Ct Unit D, Shady Cove, OR 97539

    ***1/2 OFF THE FIRST MONTH'S RENT!***Nicely updated apartment in fourplex building. Two bedroom, one bathroom with two balconies. Appliances include; Washer/Dryer unit, Electric Range, Refrigerator, Dishwasher, and Garbage Disposal. This unit includes 1-carport with locked storage. Great location, near all conveniences. Water, sewer and garbage are included. No pets, no

    300 Indian Trail Ct Unit D, Shady Cove, OR 97539

Why Live in Shady Cove

Shady Cove is a rural community nestled in the evergreen woodlands of Oregon, known for its riverfront homes and proximity to the upper Rogue River. This area offers abundant opportunities for water recreation, including whitewater rafting and fishing, making it a popular spot for outdoor activities. Housing styles in Shady Cove include custom New Traditional, Craftsman, and ranch-style architecture, with homes ranging from 1,000 to 4,000 square feet on lots up to four acres. Recent homes were built between 1990 and 2010, and riverfront properties can reach up to $1.8 million. The community faces practical challenges such as wildfire risks during dry summers and flooding from the Rogue River in winter. Local attractions include Upper Rogue Regional Park, Carolyn's Park, and the nearby Joseph Stewart State Recreation Area, which offers shoreline hiking trails and swimming areas. Crater Lake National Park, located just over 40 miles north, is an international attraction with stunning rock formations and deep blue waters. Dining options in Shady Cove feature Mac's Diner, a 1950s-style restaurant, and Phil's Frosty, an old-fashioned hamburger joint. The Rogue Valley Connector provides public transportation to nearby towns, with Medford and its international airport approximately 20 miles south.

Frequently Asked Questions

How much does it cost to rent a home in Shady Cove, OR?
The median rent for a home in Shady Cove, OR is $1,672 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 and townhouses are currently more expensive.
How much do you need to make to afford rent in Shady Cove, OR?
To comfortably afford the median rent in Shady Cove, OR, a household needs to earn roughly $66,880 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 $1,672 per month in Shady Cove, OR, renters typically need to show $5,016 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 Shady Cove, OR?
In Shady Cove, OR, the price-to-rent ratio is 22.7, 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 Shady Cove, OR are best for renting a home?
The best neighborhood for renting in Shady Cove, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Medford, Northwest Medford and Liberty Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,672
Median Single Family Home Rent
$1,695
Median Townhouse Rent
$1,750
Median Condo Rent
$1,125
How to Rent a Home