Most Affordable ZIP Codes in Medford, OR (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 97522 Butte Falls, OR $333,397 $1,188 2.78% 2.2%
2 97536 Prospect, OR $346,178 $1,188 2.68% 2.7%
3 97503 White City, OR $356,497 $1,260 2.76% 2.4%
4 97501 Medford, OR $370,430 $1,577 3.32% 2.2%
5 97535 Phoenix, OR $405,665 $1,462 2.81% 2.1%
6 97502 Central Point, OR $425,753 $1,904 3.49% 2.1%
7 97504 Medford, OR $449,401 $1,842 3.20% 2.1%
8 97525 Gold Hill, OR $463,148 $1,278 2.15% 2.1%
9 97537 Rogue River, OR $488,263 $1,287 2.06% 2.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Medford, OR  ·  Appreciation in Medford, OR

Or see the full Medford, OR metro profile.