Last updated
Average Rent in Corvallis, OR & Rent Trends
Rent prices and market trends across 11 apartment communities in Corvallis, OR. Updated daily.
Market Average
$1,294/mo
▼ 6.6% from last month
Lowest Available
$645/mo
cheapest unit on market
Communities
11
tracked daily
Units Listed
91
available now
Price Cuts This Week in Corvallis, OR
16 listed units across 3 buildings in Corvallis, OR dropped their asking rent in the past 7 days, an average cut of $123/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Grand Oaks | Unit 3 | $1,950 | $1,742 | $208 |
| 7th Street Station | Unit 25 | $1,079 | $899 | $180 |
| 7th Street Station | Unit 40 | $1,149 | $979 | $170 |
| 7th Street Station | Unit 10, 2BR/2BA2 bd | $1,369 | $1,219 | $150 |
| 7th Street Station | Unit 20 | $1,129 | $979 | $150 |
| 7th Street Station | Unit 65 | $1,199 | $1,049 | $150 |
| 7th Street Station | Unit 70 | $1,139 | $989 | $150 |
| 7th Street Station | Unit 50 | $1,089 | $949 | $140 |
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 | $1,323 | ▼ $37 | $899 | 6 | 58 |
| Corvallis 97330 | $1,243 | ▼ $63 | $645 | 5 | 33 |
Is Rent Going Up or Down in Corvallis, OR?
As of August 2026, the average rent in Corvallis, OR is $1,294 per month across 11 apartment communities and 91 available units. Rents have decreased $103 (6.6%) over the past month.
The most affordable option is Fillmore Inn Studio Apartments starting at $645/mo. By unit type, a 1-bedroom averages $1,043/mo, a 2-bedroom averages $1,654/mo, a 3-bedroom averages $1,716/mo, a 4-bedroom averages $1,127/mo, a 5-bedroom averages $989/mo.
Prices range from $645 to $2,249 per month. The most common price point is the $1,200 range, where 23 units are currently listed.
Corvallis, OR Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,534 | - | 13 |
| August 2026 | $1,517 | -$17 | 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
Rent Prices by Apartment in Corvallis, OR
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Fillmore Inn Studio Apartments | $645/mo | $667/mo | 13 | 2.5 |
| 7th Street Station | $899/mo | $1,113/mo | 14 | 3.9 |
| Sierra Student Apartments | $999/mo | $1,269/mo | 33 | 4 |
| The Vicinity Apartments | $999/mo | $1,367/mo | 2 | 3.3 |
| The Union Apartments | $1,060/mo | $1,080/mo | 4 | 3.9 |
| Santana Court Apartments | $1,299/mo | $1,299/mo | 1 | 4.2 |
| Parkwest Apartments | $1,395/mo | $1,660/mo | 2 | 3.1 |
Frequently Asked Questions About Rent in Corvallis, OR
What is the average rent in Corvallis, OR?
Is rent going up or down in Corvallis, OR?
What is the cheapest apartment in Corvallis, OR?
How much is a 1-bedroom apartment in Corvallis, OR?
How many apartments are available 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
$52,000/year
Based on the 30 percent rule, using our tracked average rent of $1,294/mo.
Comfortable income
$62,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($645/mo), you need to earn at least $26,000/year.
Cost of living in Corvallis, OR
We only have live rent data for Corvallis, OR so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,294 |
| Estimated total | $1,294/mo |
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 are refreshed annually.
Google Search Trends for Corvallis, OR Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Corvallis, OR Apartments
Browse all 11 communities with daily-updated pricing and availability.