Last updated
Average Rent in Corvallis, OR & Rent Trends
Rent prices and market trends across 8 apartment communities in Corvallis, OR. Updated daily.
Market Average
$1,340/mo
Lowest Available
$845/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
86
available now
Price Cuts This Week in Corvallis, OR
5 listed units across 1 building in Corvallis, OR dropped their asking rent in the past 7 days, an average cut of $67/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| North Pointe Apartments | Unit 1, 2b1ba | $1,845 | $1,699 | $146 |
| North Pointe Apartments | Unit 4, 2b1ba | $1,880 | $1,799 | $81 |
| North Pointe Apartments | Unit 2, 2b1ba | $1,649 | $1,599 | $50 |
| North Pointe Apartments | Unit 7, 2b1ba | $1,925 | $1,890 | $35 |
| North Pointe Apartments | Unit 6, 2b1ba | $1,890 | $1,865 | $25 |
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 97330 | $1,528 | - | $1,060 | 3 | 14 |
| Corvallis 97333 | $1,303 | - | $845 | 5 | 72 |
Is Rent Going Up or Down in Corvallis, OR?
As of July 2026, the average rent in Corvallis, OR is $1,340 per month across 8 apartment communities and 86 available units.
The most affordable option is Sierra Student Apartments starting at $845/mo. By unit type, a studio averages $1,350/mo, a 1-bedroom averages $1,728/mo, a 2-bedroom averages $1,531/mo, a 3-bedroom averages $1,373/mo, a 4-bedroom averages $1,116/mo, a 5-bedroom averages $1,154/mo.
Prices range from $845 to $2,212 per month. The most common price point is the $1,000 range, where 34 units are currently listed.
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 |
|---|---|---|---|---|
| Sierra Student Apartments | $845/mo | $1,208/mo | 49 | 4 |
| The Union Apartments | $1,060/mo | $1,077/mo | 3 | 3.9 |
| 7th Street Station | $1,084/mo | $1,268/mo | 12 | 3.9 |
| Santana Court Apartments | $1,350/mo | $1,498/mo | 3 | 4.2 |
| Parkwest Apartments | $1,395/mo | $1,660/mo | 2 | 3.1 |
| The Park at Fifth Street Apartments | $1,441/mo | $1,570/mo | 6 | 4.1 |
| North Pointe Apartments | $1,599/mo | $1,747/mo | 5 | 3.6 |
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
$54,000/year
Based on the 30 percent rule, using our tracked average rent of $1,340/mo.
Comfortable income
$64,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($845/mo), you need to earn at least $34,000/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) | $1,340 |
| Estimated total | $1,340/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 8 communities with daily-updated pricing and availability.