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ZIP Code · OR

ZIP 97333

Pop. 23,934·Benton County·28th most expensive ZIP in Oregon
Median rent (all units)
$1,917/mo
Year-over-Year
-4.3%
Month-over-Month
+0.8%
vs US Median
-$48
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 97333 · $1,917
More expensive than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,350
2 BR
$1,700
3 BR
$2,360
4 BR+
$2,670
Research median
$1,700/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
$23,004/yr
At $1,917/mo median
Location
StateOR
CountyBenton County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.3% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 97333 (Corvallis, OR) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 59.2% of residents hold a bachelor's degree or higher.

Population
23,934
Median income
$65,191
Median age
29.2
Renters
55.4%
Age distribution
14.6%
43.7%
17.3%
15%
Under 1814.6%
18–3443.7%
35–5417.3%
55–649.3%
65+15%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
81.4%
White81.4%
Black0.5%
Hispanic7.6%
Asian6.5%
Other4.1%
Education (25+)
26.4%
59.2%
No HS diploma2.8%
HS diploma11.6%
Some college26.4%
Bachelor's+59.2%
Housing tenure
44.6%
55.4%
Owner44.6%
Renter55.4%

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

2021 vs 2026

How ZIP 97333 in Corvallis, OR has changed in 5 years

Rent
$1,429 → $1,917
up 34.1%
Income
$57,034 → $65,191
up 14.3%
Population
22,938 → 23,934
up 4.3%
Renter share
54.9% → 55.4%
+0.5 pts
Bachelor's+
55.6% → 59.2%
+3.6 pts

Rent in ZIP 97333 in Corvallis, OR has increased 34.1% since 2021, going from about $1,429 per month to roughly $1,917 today. Local incomes tracked alongside that move, going from a median of $57,034 in 2021 to $65,191 more recently. Rent outpaced income growth by roughly 19.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 22,938 to 23,934 between 2021 and 2024, a 4.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 55.6% to 59.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 97333 in Corvallis, OR market of 2021.

Community

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Local insights

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About renting in ZIP 97333

Last updated: July 20, 2026

ZIP code 97333 covers Corvallis, OR. The median rent here is $1,917/mo as of July 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,700/mo.

At 35% of local median household income ($65,191/yr), ZIP 97333 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97333?

As of July 20, 2026, the median monthly rent in ZIP 97333 (Corvallis, OR) is $1,917. This is based on aggregated data from public sources and community submissions.

How does ZIP 97333 rent compare to the US average?

ZIP 97333's median rent of $1,917/mo is $48 (2%) below the US national median of $1,965/mo.

How does ZIP 97333 compare to other ZIPs in Oregon?

ZIP 97333 is one of the pricier ZIP codes in Oregon, ranking #28 out of 116 ZIPs tracked at $1,917/mo.

How much income do you need to rent in ZIP 97333?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,917/mo in ZIP 97333. The local median household income is $65,191/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97333?

Rent in ZIP 97333 has decreased 4.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97333 an affordable place to rent?

ZIP 97333 is considered moderate for renters. At $1,917/mo, rent takes approximately 35% of the local median household income ($65,191/yr). The standard benchmark is 30%. ZIP 97333 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97333 residents rent vs. own?

According to Census data, approximately 55.4% of ZIP 97333 households are renters, while 44.6% are owner-occupied. With a majority renter population, ZIP 97333 has a strong rental market.

How does ZIP 97333 compare to the rest of Corvallis?

ZIP 97333 is pricier than Corvallis as a whole. At $1,917/mo, it's $114 above the Corvallis citywide median of $1,803/mo.

When was rent data for ZIP 97333 last updated?

Rent data for ZIP 97333 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $1,917/mo, rent takes ~35% of ZIP 97333's median household income ($65,191/yr). The standard benchmark is 30%.

ZIP 97333 35%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97333 (Corvallis, OR)

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