3

Newest Homes for Rent in Shady Cove, OR

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  • /22

    $1,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,704 Sq Ft
    • House for Rent

    293 Sowell Dr, Shady Cove, OR 97539

    For Rent!293 Sowell Dr, Shady Cove Oregon House for rent- 3 bedroom, 2 bath home with 1,704 sq ft of living space. located in a nice residential neighborhood. The rental has a large living space and a separate dinning area. The home comes with a refrigerator and plenty of storage. The home has a backyard patio space and has a 2-car garage. Owner pays: SewerWasher and Dryer

    293 Sowell Dr, Shady Cove, OR 97539
  • /17

    $1,795 Per Month

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • Townhouse for Rent

    297 Sowell Dr, Shady Cove, OR 97539

    For Rent!297 Sowell Dr, Shady Cove Oregon, UNIT BHouse for rent- 3 bedroom, 2 bath home with 1,340 sq ft of living space. located in a nice residential neighborhood.Owner pays: Sewer and waterWasher and Dryer HookupsThe refrigerator is not included Available NOW 1 pet under 40 pounds with an additional $1000 deposit No Smoking/vaping No co-signers 6 Month

    297 Sowell Dr, Shady Cove, OR 97539
  • /18

    $1,895 Per Month

    • 3 Beds
    • 2 Baths
    • 1,759 Sq Ft
    • Townhouse for Rent

    101 Erickson Ave, Shady Cove, OR 97539

    Clean, modern townhome living in the heart of Shady Cove:-Thoughtfully designed 3-bedroom, 2.5-bath layout with comfortable everyday flow-Attached one-car garage plus additional on-site parking for guests or extra vehicles-Energy-efficient mini splits provide year-round heating and cooling-Bright, low-maintenance interior with a contemporary feel-Ideal setup for full-time living, a first home, or

    101 Erickson Ave, Shady Cove, OR 97539

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 $1,845 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option.
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 $73,800 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 $1,845 per month in Shady Cove, OR, renters typically need to show $5,535 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 19.7, 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 Northwest Medford and West Main, each with its own character and price range.

Rental Home Trends in Shady Cove, OR

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,845
Median Townhouse Rent
$1,845
How to Rent a Home