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Rental Market Trends in Corvallis, OR

Updated September 2026

The average rent in Corvallis, OR is $1,213/month.

Rent in Corvallis is 27% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,213/month

Average Rent

530 Sq Ft

Average Size

-1.2%

Change / Year

502

Available Apartments

Corvallis rent varies by unit size and layout:

  • Studio apartments in Corvallis average $1,123 per month.
  • One-bedroom apartments in Corvallis average $1,213 per month.
  • Two-bedroom apartments in Corvallis average $1,651 per month.
  • Three-bedroom apartments in Corvallis average $2,034 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,123/month
440 Sq Ft
One Bedroom
$1,213/month
530 Sq Ft
Two Bedroom
$1,651/month
865 Sq Ft
Three Bedroom
$2,034/month
1,070 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,327/month
470 Sq Ft
Two Bedroom
$1,942/month
1,042 Sq Ft
Three Bedroom
$2,570/month
1,380 Sq Ft
Four Bedroom
$3,568/month
2,011 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,356/month
459 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,818/month
803 Sq Ft
View Corvallis Apartments

How much has average rent changed in Corvallis, OR?

In the past year, rent has decreased by 1.2%, which averages out to $14 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Corvallis, OR

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Corvallis, OR
Percentage*
Rent Range
5% Below $700/month
23% $700 - $1,000/month
36% $1,001 - $1,500/month
26% $1,501 - $2,000/month
9% Above $2,000/month

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

Because the average rent in Corvallis is $1,213, you’ll want to make about $4,043 per month or $48,516 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

502 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.

View the Corvallis Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Philomath

    Philomath

    Avg Rent: $1,589/month

  • Albany

    Albany

    Avg Rent: $1,260/month

Apartment Communities in Corvallis We Think You'll Love

Creekside & Spring Creek

Creekside & Spring Creek

1613 SW 49th St,
Corvallis, OR 97333

1-3 Beds | $1,835 - $2,455

Willamette Crossing

Willamette Crossing

2415 SE 3rd St,
Corvallis, OR 97333

1-3 Beds | $1,341 - $1,855

7th Street Station

7th Street Station

701 SW 7th St,
Corvallis, OR 97333

1-5 Beds | $899 - $2,079

Oak Vale Apartments

Oak Vale Apartments

3930 NW Witham Hill Dr,
Corvallis, OR 97330

1-2 Beds | $1,491 - $2,062

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Frequently Asked Questions

What is the average rent in Corvallis?

The average rent in Corvallis is $1,213 per month, which is 27.1% lower than the national average of $1,665.

What is the average rent for a house in Corvallis?

The average rent for a house in Corvallis, OR is $2,570 per month.

What is the average rent for a townhome in Corvallis?

The average rent for a townhome in Corvallis, OR is $1,818 per month.

What is the average rent for a condo in Corvallis?

The average rent for a condo in Corvallis, OR is $1,356 per month.

Are rents going up or down in Corvallis?

Rents in Corvallis, OR are decreasing, with prices down 1.2% year-over-year and $14 less per month.

What rent range is most common in Corvallis?

In Corvallis, OR, 36% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 September 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