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ZIP Code · OR

ZIP 97330

Pop. 43,878·Benton County·64th most expensive ZIP in Oregon
Median rent (all units)
$1,729/mo
Year-over-Year
-11.5%
Month-over-Month
-1.9%
vs US Median
-$236
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97330 · $1,729
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,310
2 BR
$1,650
3 BR
$2,290
4 BR+
$2,590
Research median
$1,650/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,748/yr
At $1,729/mo median
Location
StateOR
CountyBenton County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 11.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-11.5% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 97330 (Corvallis, OR) is roughly split between renters and owners, skews toward younger working-age adults, 59.4% of residents hold a bachelor's degree or higher.

Population
43,878
Median income
$70,742
Median age
35.3
Renters
48.4%
Age distribution
15.9%
33.8%
21.8%
18.2%
Under 1815.9%
18–3433.8%
35–5421.8%
55–6410.2%
65+18.2%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
75.8%
White75.8%
Black1.7%
Hispanic10.6%
Asian8.4%
Other3.5%
Education (25+)
25.4%
59.4%
No HS diploma4.6%
HS diploma10.6%
Some college25.4%
Bachelor's+59.4%
Housing tenure
51.6%
48.4%
Owner51.6%
Renter48.4%

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

2021 vs 2026

How ZIP 97330 in Corvallis, OR has changed in 5 years

Rent
$1,391 → $1,729
up 24.3%
Income
$64,685 → $70,742
up 9.4%
Population
43,813 → 43,878
up 0.1%
Renter share
50.4% → 48.4%
-2.0 pts
Bachelor's+
60% → 59.4%
-0.6 pts
Median age
33.4 → 35.3
+1.9 yrs

Since 2021, the typical rent in ZIP 97330 in Corvallis, OR has climbed from $1,391 to $1,729, a 24.3% change over five years. Census figures show median household income at $70,742 today, compared with $64,685 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 48.4% of households, compared with 50.4% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 97330

Last updated: July 20, 2026

ZIP code 97330 covers Corvallis, OR. The median rent here is $1,729/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,650/mo.

At 29% of local median household income ($70,742/yr), ZIP 97330 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 11.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97330?

As of July 20, 2026, the median monthly rent in ZIP 97330 (Corvallis, OR) is $1,729. This is based on aggregated data from public sources and community submissions.

How does ZIP 97330 rent compare to the US average?

ZIP 97330's median rent of $1,729/mo is $236 (12%) below the US national median of $1,965/mo.

How does ZIP 97330 compare to other ZIPs in Oregon?

ZIP 97330 falls in the middle range for Oregon, ranking #64 out of 116 ZIPs at $1,729/mo.

How much income do you need to rent in ZIP 97330?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,729/mo in ZIP 97330. The local median household income is $70,742/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97330?

Rent in ZIP 97330 has decreased 11.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97330 an affordable place to rent?

ZIP 97330 is considered affordable for renters. At $1,729/mo, rent takes approximately 29% of the local median household income ($70,742/yr). The standard benchmark is 30%. ZIP 97330 falls comfortably within that range.

What percentage of ZIP 97330 residents rent vs. own?

According to Census data, approximately 48.4% of ZIP 97330 households are renters, while 51.6% are owner-occupied. ZIP 97330 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97330 compare to the rest of Corvallis?

ZIP 97330 is more affordable than Corvallis overall. At $1,729/mo, it's $74 below the Corvallis citywide median of $1,803/mo.

When was rent data for ZIP 97330 last updated?

Rent data for ZIP 97330 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,729/mo, rent takes ~29% of ZIP 97330's median household income ($70,742/yr). The standard benchmark is 30%.

ZIP 97330 29%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97330 (Corvallis, OR)

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