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Rental Market Trends in Corvallis, OR

What is the average rent in Corvallis, OR?

$1,208/month

Average Rent

529 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

Corvallis, OR Rental Market Overview

The average rent in Corvallis, OR is $1,208 per month. This is 27% lower than the national average rent of $1,644/month, making renting in Corvallis more affordable than most cities in the US.

  • Studio apartments in Corvallis average $1,167 per month.
  • One-bedroom apartments in Corvallis average $1,208 per month.
  • Two-bedroom apartments in Corvallis average $1,616 per month.
  • Three-bedroom apartments in Corvallis average $2,026 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,167/month
486 Sq Ft
One Bedroom
$1,208/month
529 Sq Ft
Two Bedroom
$1,616/month
866 Sq Ft
Three Bedroom
$2,026/month
1,068 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,977/month
1,050 Sq Ft
Three Bedroom
$2,408/month
1,323 Sq Ft
Four Bedroom
$4,051/month
1,948 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,436/month
676 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 1.4%, which averages out to $18 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Corvallis, OR
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Corvallis, OR
Percentage*
Rent Range
6% Below $700/month
25% $700 - $1,000/month
34% $1,001 - $1,500/month
29% $1,501 - $2,000/month
7% Above $2,000/month

What salary do I need to live comfortably in Corvallis, OR?

Because the average rent in Corvallis is $1,208, you’ll want to make about $4,026 per month or $48,312 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.

City

Corvallis, OR

381 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Corvallis, OR

Apartment Averages

Nearby City Rent Trends

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Apartment communities in Corvallis we think you'll love

Creekside & Spring Creek

Creekside & Spring Creek

1613 SW 49th St,
Corvallis, OR 97333

$1,650 - $2,455 Total Monthly Price

1-3 Beds

Oak Vale Apartments

Oak Vale Apartments

3930 NW Witham Hill Dr,
Corvallis, OR 97330

$1,499 - $2,127

1-3 Beds

Mountain View at Rivergreen Apartments

Mountain View at Rivergreen Apartments

900 SE Centerpointe Dr,
Corvallis, OR 97333

$1,499 - $2,125

1-3 Beds

Conifer Place

Conifer Place

213 NE Conifer Blvd,
Corvallis, OR 97330

$1,599 - $2,299

1-3 Beds

Property Management Companies in Corvallis, OR

Greystar
Greystar
  • 3,526

    Communities

  • 969,620

    Units

  • 899

    Cities

2 Communities in Corvallis
Place2B
Place2B
  • 10

    Communities

  • 728

    Units

  • 4

    Cities

2 Communities in Corvallis
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 154

    Communities

  • 31,127

    Units

  • 84

    Cities

1 Community in Corvallis
Yugo
Yugo
  • 52

    Communities

  • 11,065

    Units

  • 41

    Cities

1 Community in Corvallis
Horizon Realty Advisors
Horizon Realty Advisors
  • 41

    Communities

  • 10,115

    Units

  • 28

    Cities

1 Community in Corvallis
Norris & Stevens, Inc.
Norris & Stevens, Inc.
  • 64

    Communities

  • 5,054

    Units

  • 25

    Cities

1 Community in Corvallis
Affinity Property Management
Affinity Property Management
  • 42

    Communities

  • 5,601

    Units

  • 22

    Cities

1 Community in Corvallis
Blanton Turner
Blanton Turner
  • 35

    Communities

  • 4,506

    Units

  • 13

    Cities

1 Community in Corvallis

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United States Oregon Corvallis Rental Trends

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.

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Equal Housing Opportunity

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Equal Housing Opportunity