How much does it cost to rent in Corvallis, OR?

As of July 2026, the median monthly rent in Corvallis, OR is $1,803. This figure is based on aggregated data from public sources and community-submitted rents.

Is Corvallis cheaper than other Oregon cities?

Corvallis falls in the middle range for Oregon, ranking #26 out of 65 cities at $1,803/mo.

When was Corvallis rent data last updated?

Corvallis rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · OR

Corvallis

Name: Average Rent Prices in Corvallis, OR
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 59,960·26th most expensive in Oregon·Corvallis rents have dropped 7.5%, currently a renter's market

Median rent (all units)

$1,803/mo

Year-over-Year

-7.5%

Month-over-Month

-0.7%

vs US Median

-$162

Falling (Monthly)

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Most AffordableMost Expensive

Corvallis · $1,803

More affordable than 53% of US cities · National median $1,965/mo

Rent Reality Score

70/100

Good value

OverheatedFairGreat value

Rents are 10% below what Corvallis's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,803/mo

Expected by trend

$1,999/mo

The Rent Reality Score compares today's median rent to where Corvallis's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,205

1 BR

$1,290

2 BR

$1,655

3 BR

$2,315

4 BR+

$2,505

Research median

$1,655/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$21,636/yr

At $1,803/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 7.5% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-7.5% YoY, -0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Corvallis, OR is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 61.4% of residents hold a bachelor's degree or higher.

Population

59,960

Median income

$65,012

Median age

27.9

Renters

58.3%

Age distribution

14.1%

45.9%

17.9%

14.2%

Under 1814.1%

18–3445.9%

35–5417.9%

55–647.9%

65+14.2%

Gender

50.9%

49.1%

Male50.9%

Female49.1%

Race & ethnicity

75.5%

White75.5%

Black1.6%

Hispanic10.2%

Asian9%

Other3.8%

Education (25+)

24.1%

61.4%

No HS diploma4.2%

HS diploma10.3%

Some college24.1%

Bachelor's+61.4%

Housing tenure

41.7%

58.3%

Owner41.7%

Renter58.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Corvallis, OR has changed in 5 years

Rent

$1,397 → $1,803

up 29.1%

Income

$58,315 → $65,012

up 11.5%

Population

59,407 → 59,960

up 0.9%

Renter share

59.1% → 58.3%

-0.8 pts

Bachelor's+

59.6% → 61.4%

+1.8 pts

Median age

27.3 → 27.9

+0.6 yrs

Compared with 2021, rent in Corvallis, OR has climbed by $406 per month, settling near $1,803 after starting the period at $1,397. Household income in the area moved from $58,315 to $65,012 across the same window, up 11.5% versus 2021. Rent outpaced income growth by roughly 17.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Reading these numbers side by side helps frame whether current listings in Corvallis, OR look reasonable against where the market sat half a decade ago.

Community

Discussions about Corvallis

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View Corvallis rent history (2015–2026) →

Salary vs rent

Can you afford rent in Corvallis on your salary?

At $1,803/mo, how Corvallis rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 22% income

affordable

Elementary School Teacher

Avg $69,763/yr · Rent = 31% income

stretched

Police Officer

Avg $80,361/yr · Rent = 26.9% income

affordable

Software Developer

Avg $143,634/yr · Rent = 15.1% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 11.8% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 33.1% income

stretched

Truck Driver

Avg $58,978/yr · Rent = 36.7% income

stretched

Electrician

Avg $72,696/yr · Rent = 29.8% income

affordable

By apartment size

Corvallis rent by bedroom count

Median rent for each apartment size in Corvallis. Click any size for full breakdown.

Local insights

Tips for renters in Corvallis

About renting in Corvallis, OR

Last updated: July 20, 2026

The median rent in Corvallis is $1,803/mo as of July 2026. A studio apartment averages $1,205/mo while a 2-bedroom runs $1,655/mo. One-bedroom apartments average $1,290/mo and 3-bedroom units go for $2,315/mo.

At 33% of local median household income ($65,012/yr), Corvallis ranks as moderate compared to the national benchmark of 30%. Rents have decreased 7.5% over the past year.

FAQ

Frequently asked questions

Is Corvallis an affordable city for renters?

Corvallis is considered moderate for renters. At $1,803/mo, rent takes approximately 33% of the local median household income ($65,012/yr). The standard benchmark is 30%. Corvallis slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Corvallis?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,803/mo in Corvallis. The local median household income is $65,012/yr, meaning the typical Corvallis household falls short of that threshold.

Is rent going up or down in Corvallis?

Rent in Corvallis has decreased 7.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Corvallis neighborhoods have the lowest rent?

The most affordable ZIP codes in Corvallis are 97330 ($1,729/mo), and 97333 ($1,917/mo). Citywide, the median rent in Corvallis is $1,803/mo.

How does Corvallis rent compare to other cities in Oregon?

Corvallis is middle-of-the-pack for Oregon for rent, ranking #26 out of 65 tracked cities at $1,803/mo.

Which nearby cities are cheaper to rent in than Corvallis?

Several nearby cities have lower median rents than Corvallis ($1,803/mo): Junction City ($1,400/mo), Monmouth ($1,502/mo), Albany ($1,774/mo).

What percentage of Corvallis residents rent vs. own?

According to Census data, approximately 58.3% of Corvallis households are renters, while 41.7% are owner-occupied. With a majority renter population, Corvallis has a strong rental market.

How does Corvallis rent compare to the national average?

Corvallis's median rent of $1,803/mo is $162 (8%) below the US national median of $1,965/mo. Within Oregon, it ranks #26 out of 65 tracked cities.

Income Affordability

33%

MODERATE

At $1,803/mo, rent takes ~33% of Corvallis's median household income ($65,012/yr). The standard benchmark is 30%.

Corvallis 33%Benchmark 30%

State income tax4.75–9.9%

Run the Corvallis affordability calculator →

Nearby cities