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Rental Market Trends in Philomath, OR

What is the average rent in Philomath, OR?

$1,573/month

Average Rent

730 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of May 2025, the average rent in Philomath, OR is $1,573 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Philomath rent prices are 3% lower than the national average. When you rent an apartment in Philomath, you can expect to pay about $593 per month for a studio, $1,573 for a one-bedroom apartment, and around $1,605 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,053 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$593/month
383 Sq Ft
One Bedroom
$1,573/month
730 Sq Ft
Two Bedroom
$1,605/month
948 Sq Ft
Three Bedroom
$2,053/month
1,200 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 Philomath, OR?

In the past year, rent has increased by 1.3%, which averages out to $21 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 May 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Philomath is $1,573, you’ll want to make about $5,243 per month or $62,916 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

Philomath, OR

3 Available Apartments for Rent

Search for Nearby Apartments

How does Philomath, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Philomath, 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 Philomath, OR

Apartment Averages

Nearby City Rent Trends

  • Corvallis Average Rent

Apartment communities in Philomath we think you'll love

23755 Priest Rd

23755 Priest Rd

23755 Priest Rd,
Philomath, OR 97370

3 Beds | $2,435

902 Applegate St

902 Applegate St

902 Applegate St,
Philomath, OR 97370

Studio | $450

1622 College St

1622 College St

1622 College St,
Philomath, OR 97370

2 Beds | $1,895

Creekside & Spring Creek

Creekside & Spring Creek

1613 SW 49th St,
Corvallis, OR 97333

1-3 Beds | $1,620 - $2,185

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United States Oregon Philomath 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity