5

Newest Homes for Rent in Shady Cove, OR

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  • /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
  • /12

    $995 Per Month

    • Studio
    • 1 Bath
    • 356 Sq Ft
    • Townhouse for Rent

    101 Erickson Ave, Shady Cove, OR 97539

    Welcome to modern small-town living in Shady Cove, Oregon! This stylish studio apartment offers a peaceful retreat in a quiet residential neighborhood while keeping you close to the outdoor adventures that make the area so special. Enjoy easy access to the Rogue River, fishing, hiking, rafting, kayaking, and scenic drives through Southern Oregon’s beautiful landscape. Inside, the studio

    101 Erickson Ave, Shady Cove, OR 97539
  • /13

    $1,450 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
  • /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

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 $1,450 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes 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 $58,000 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 $1,450 per month in Shady Cove, OR, renters typically need to show $4,350 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 26.2, 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
5
Median Rent
$1,450
Median Single Family Home Rent
$1,623
Median Townhouse Rent
$995
Median Condo Rent
$1,510
How to Rent a Home