Oak Vale Apartments
3930 NW Witham Hill Dr,
Corvallis, OR 97330
1-2 Beds | $1,526 - $2,127
Rental Market Trends in Corvallis, OR
What is the average rent in Corvallis, OR?
$1,193/month
Average Rent
526 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
As of July 2025, the average rent in Corvallis, OR is $1,193 per month. This is 27% lower than the national average rent of $1,637/month, making renting in Corvallis more affordable than most cities in the US. When you rent an apartment in Corvallis, you can expect to pay about $1,152 per month for a studio, $1,193 for a one-bedroom apartment, and around $1,610 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,015 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Corvallis, OR?
In the past year, rent has increased by 0.4%, which averages out to $5 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Corvallis, OR
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
27%
$700 - $1,000/month
38%
$1,001 - $1,500/month
24%
$1,501 - $2,000/month
7%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Corvallis?
Based on current rent prices, North College Hill and Sunview" are the most affordable neighborhoods in Corvallis.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Corvallis?
Based on current rent prices, Sunview and North College Hill" are the most expensive neighborhoods in Corvallis.
Neighborhood
Average Rent
Average Sq Ft
Which Corvallis neighborhoods have the most rentals available?
The neighborhoods in Corvallis with the most apartments available are North College Hill and Sunview" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Corvallis, OR?
Because the average rent in Corvallis is $1,193, you’ll want to make about $3,976 per month or $47,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Corvallis, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Corvallis, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
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Property Management Companies in Corvallis, OR
Affinity Property Management
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53
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6,523
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21
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3 Communities in Corvallis
Greystar
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3,272
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910,472
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846
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2 Communities in Corvallis
Horizon Realty Advisors
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43
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10,097
Units
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28
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1 Community in Corvallis
Norris & Stevens, Inc.
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42
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4,248
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18
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1 Community in Corvallis
Blanton Turner
-
27
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3,805
Units
-
13
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1 Community in Corvallis
Key Property Services Inc
-
32
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-
3,695
Units
-
13
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1 Community in Corvallis
Commercial & Residential Management Group
-
27
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-
2,549
Units
-
11
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1 Community in Corvallis
SMI Property Management
-
12
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899
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5
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.