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City Report · OR

Philomath

Pop. 5,642·22nd most expensive in Oregon·Philomath rents have dropped 5.1%, currently a renter's market
Median rent (all units)
$1,876/mo
Year-over-Year
-5.1%
Month-over-Month
+2.5%
vs US Median
-$86
Rising (Monthly)
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Most AffordableMost Expensive
Philomath · $1,876
More expensive than 51% of US cities · National median $1,962/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,876/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$75,000/yr
Local median income
$83,672/yr
Based on the 30%-of-income rule using Philomath's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,210
2 BR
$1,550
3 BR
$2,170
4 BR+
$2,350
Fair Market Rent (HUD)
$1,550/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,876 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$22,512/yr
At $1,876/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-5.1% YoY, +2.5% MoM), not inventory.
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Demographics

Who lives here

Philomath, OR is majority owner-occupied, 50.6% of residents hold a bachelor's degree or higher.

Population
5,642
Median income
$83,672
Median age
37.3
Renters
31.8%
Age distribution
17.4%
29.9%
23.4%
17.7%
Under 1817.4%
18–3429.9%
35–5423.4%
55–6411.6%
65+17.7%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
87.5%
White87.5%
Hispanic2.1%
Asian3.5%
Other6.9%
Education (25+)
16.1%
28.7%
50.6%
No HS diploma4.6%
HS diploma16.1%
Some college28.7%
Bachelor's+50.6%
Housing tenure
68.2%
31.8%
Owner68.2%
Renter31.8%

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

2021 vs 2026

How Philomath, OR has changed in 5 years

Income
$70,806 → $83,672
up 18.2%
Population
5,353 → 5,642
up 5.4%
Renter share
37.6% → 31.8%
-5.8 pts
Bachelor's+
45.5% → 50.6%
+5.1 pts
Median age
33.1 → 37.3
+4.2 yrs

Census figures show median household income at $83,672 today, compared with $70,806 five years earlier. Headcount in the area went from 5,353 to 5,642 between 2021 and 2024, a 5.4% change. About 31.8% of households rent today, against 37.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 45.5% to 50.6%.

Community

Discussions about Philomath

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View Philomath rent history (2015–2026) →
Salary vs rent

Can you afford rent in Philomath on your salary?

At $1,876/mo, how Philomath rent compares to typical pay (30% rule).

By apartment size

Philomath rent by bedroom count

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

Local insights

Tips for renters in Philomath

About renting in Philomath, OR

Last updated: August 17, 2026

The median rent in Philomath is $1,876/mo as of August 2026. A studio apartment averages $1,130/mo while a 2-bedroom runs $1,550/mo. One-bedroom apartments average $1,210/mo and 3-bedroom units go for $2,170/mo.

At 27% of local median household income ($83,672/yr), Philomath ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.1% over the past year.

FAQ

Frequently asked questions

Is Philomath an affordable city for renters?

Philomath is considered affordable for renters. At $1,876/mo, rent takes approximately 27% of the local median household income ($83,672/yr). The standard benchmark is 30%. Philomath falls comfortably within that range.

How much income do you need to rent in Philomath?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,876/mo in Philomath. The local median household income is $83,672/yr, meaning the typical Philomath household meets that threshold.

Is rent going up or down in Philomath?

Rent in Philomath has decreased 5.1% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Philomath rent compare to other cities in Oregon?

Philomath is one of the pricier cities in Oregon for rent, ranking #22 out of 64 tracked cities at $1,876/mo.

Which nearby cities are cheaper to rent in than Philomath?

Several nearby cities have lower median rents than Philomath ($1,876/mo): Junction City ($1,400/mo), Monmouth ($1,473/mo), Dallas ($1,569/mo).

What percentage of Philomath residents rent vs. own?

According to Census data, approximately 31.8% of Philomath households are renters, while 68.2% are owner-occupied. Philomath leans toward homeownership, which can mean a smaller rental inventory.

How does Philomath rent compare to the national average?

Philomath's median rent of $1,876/mo is $86 (4%) below the US national median of $1,962/mo. Within Oregon, it ranks #22 out of 64 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,876/mo, rent takes ~27% of Philomath's median household income ($83,672/yr). The standard benchmark is 30%.

Philomath 27%Benchmark 30%
State income tax4.75–9.9%
Run the Philomath affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Philomath, OR

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