Creekside & Spring Creek
1613 SW 49th St,
Corvallis, OR 97333
1-3 Beds | $1,650 - $2,455
Rental Market Trends in Corvallis, OR
Updated July 2026
The average rent in Corvallis, OR is $1,215/month.
Rent in Corvallis is 27% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,215/month
Average Rent
529 Sq Ft
Average Size
+1.9%
Change / Year
411
Available Apartments
Corvallis rent varies by unit size and layout:
- Studio apartments in Corvallis average $1,164 per month.
- One-bedroom apartments in Corvallis average $1,215 per month.
- Two-bedroom apartments in Corvallis average $1,631 per month.
- Three-bedroom apartments in Corvallis average $2,052 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Corvallis, OR?
In the past year, rent has increased by 1.9%, which averages out to $23 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Corvallis, OR
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
24%
$700 - $1,000/month
34%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
7%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Corvallis?
Based on current rent prices, West Corvallis is the most affordable neighborhood in Corvallis.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Corvallis?
Based on current rent prices, West Corvallis is the most expensive neighborhood in Corvallis.
Neighborhood
Average Rent
Average Sq Ft
Which Corvallis neighborhoods have the most rentals available?
The neighborhood in Corvallis with the most apartments available is West Corvallis .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Corvallis, OR?
Because the average rent in Corvallis is $1,215, you’ll want to make about $4,050 per month or $48,600 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.
View the Corvallis Area GuideStudio
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Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Corvallis?
The average rent in Corvallis is $1,215 per month, which is 26.9% lower than the national average of $1,663.
What is the average rent for a house in Corvallis?
The average rent for a house in Corvallis, OR is $2,387 per month.
What is the average rent for a townhome in Corvallis?
The average rent for a townhome in Corvallis, OR is $2,115 per month.
What is the average rent for a condo in Corvallis?
The average rent for a condo in Corvallis, OR is $1,462 per month.
Are rents going up or down in Corvallis?
Rents in Corvallis, OR are increasing, with prices up 1.9% year-over-year and $23 more per month.
What rent range is most common in Corvallis?
In Corvallis, OR, 34% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.