Last updated October 1, 2026

Average Rent in Corvallis, OR & Rent Trends

Rent prices and market trends across 11 apartment communities in Corvallis, OR. Updated daily.

Area All Areas

Corvallis 97330 97333

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed

Market Average

$1,579/mo

Lowest Available

$799/mo

cheapest unit on market

Communities

tracked daily

Units Listed

113

available now

Rent by Neighborhood in Corvallis, OR

Compare average rent across Corvallis, OR neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Corvallis 97333	$1,632	▲ $20	$799	6	65
Corvallis 97330	$1,507	▲ $90	$999	5	48

Is Rent Going Up or Down in Corvallis, OR?

As of October 2026, the average rent in Corvallis, OR is $1,579 per month across 11 apartment communities and 113 available units.

The most affordable option is 7th Street Station starting at $799/mo. By unit type, a studio averages $1,645/mo, a 1-bedroom averages $1,684/mo, a 2-bedroom averages $1,797/mo, a 3-bedroom averages $1,443/mo, a 4-bedroom averages $1,027/mo, a 5-bedroom averages $939/mo.

Prices range from $799 to $2,200 per month. The most common price point is the $1,800 range, where 26 units are currently listed.

Corvallis, OR Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,611	-	11
August 2026	$1,592	-$19	11
September 2026	$1,658	+$66	13

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Corvallis, OR

Studio

$1,645

from $1,645 · 1 units

1 Bed

$1,684

from $1,095 · 13 units

2 Bed

$1,797

from $899 · 66 units

3 Bed

$1,443

from $1,215 · 6 units

4 Bed

$1,027

from $799 · 26 units

5 Bed

$939

from $939 · 1 units

Rent Prices by Apartment in Corvallis, OR

Property	Starting at	Average	Units	Rating
7th Street Station	$799/mo	$1,070/mo	14	3.9
The Vicinity Apartments	$899/mo	$1,258/mo	11	3.3
Sierra Student Apartments	$999/mo	$1,157/mo	23	4
Santana Court Apartments	$1,095/mo	$1,095/mo	1	4.2
1335 North	$1,295/mo	$1,699/mo	10	4.4
The Park at Fifth Street Apartments	$1,545/mo	$1,574/mo	4	4.1
Mountain View At Rivergreen	$1,599/mo	$1,759/mo	7	3.7
North Pointe Apartments	$1,845/mo	$1,867/mo	3	3.6
Grand Oaks	$1,875/mo	$1,990/mo	4	4
Creekside and Spring Creek Apartments	$1,900/mo	$1,997/mo	28	4
Timberhill Meadows Apartments	$2,075/mo	$2,104/mo	8	4.2

Frequently Asked Questions About Rent in Corvallis, OR

What is the average rent in Corvallis, OR?

The average rent in Corvallis, OR is $1,579 per month as of October 2026, based on 113 units across 11 apartment communities.

Is rent going up or down in Corvallis, OR?

The current average rent in Corvallis, OR is $1,579/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Corvallis, OR?

The most affordable apartment in Corvallis, OR is 7th Street Station with units starting at $799/mo.

How much is a 1-bedroom apartment in Corvallis, OR?

A 1-bedroom apartment in Corvallis, OR averages $1,684/mo, with prices starting at $1,095/mo across 13 available units.

How many apartments are available in Corvallis, OR?

There are 113 units available across 11 apartment communities in Corvallis, OR.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$63,000/year

Based on the 30 percent rule, using our tracked average rent of $1,579/mo.

Comfortable income

$76,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($799/mo), you need to earn at least $32,000/year.

Median household income in Corvallis, OR is $63,807 , about 16% below the comfortable-living threshold.

Cost of living in Corvallis, OR

Overall prices in Corvallis, OR runs above the national average by about 7% (BEA Regional Price Parity index 106.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Corvallis, OR's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,579	daily refresh
Utilities	$513	BLS × BEA RPP
Groceries	$566	BLS × BEA RPP
Transportation	$1,223	BLS × BEA RPP
Healthcare	$597	BLS × BEA RPP
Other goods and services	$955	BLS × BEA RPP
Estimated total	$5,433/mo	$65,192/year

Population

60,424

Median household income

$63,807

Census median rent

$1,342/mo

Census rent burden

39.6%

Median age

27.6

Mean commute

17 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Oregon Rent Trends

Compare rent across all Oregon cities

Explore Corvallis, OR on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Corvallis, OR rents stack up against the national median