Corvallis, OR Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Corvallis is $2,009, a 3.49% increase compared to the previous year, when the average rent was $1,941.
Studio Apartments at $1,384 offer the most budget-friendly option with 512 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 586 square feet for $1,508, balancing privacy and affordability.
Two-beedroom units at $1,823 offer 887 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,162 sq ft) for $2,784, suitable for larger households.
Average rent in Corvallis, OR
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,009 | 862 sq. ft. |
| Studio | $1,384 | 512 sq. ft. |
| 1 Bed | $1,508 | 586 sq. ft. |
| 2 Beds | $1,823 | 887 sq. ft. |
| 3 Beds | $2,784 | 1,162 sq. ft. |
Corvallis, OR rent trends
Rental prices in Corvallis, OR have increased by 3.49% over the past year. The average rent moved from $1,941 to $2,009.
What's the typical rent budget in Corvallis, OR?
The largest share of rentals in Corvallis, OR (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Corvallis, OR?
14,196 or 59% of the households in Corvallis, OR are renter-occupied while 10,009 or 41% are owner-occupied.
How Corvallis Compares to Other Cities
| City | Average Rent |
|---|---|
| Corvallis | $2,009 |
| Portland | $1,753 |
| Hillsboro | $1,920 |
| Eugene | $1,846 |
| Gresham | $1,655 |
| Salem | $1,463 |
| Beaverton | $1,793 |
| Tigard | $1,757 |
| Bend | $1,945 |
| Happy Valley | $1,853 |
| Lake Oswego | $2,157 |
| Springfield, OR | $1,590 |
| Albany, OR | $1,555 |
| Woodburn, OR | $1,606 |
| Dallas, OR | $1,335 |
| Independence, OR | $1,704 |
| Keizer, OR | $1,465 |
| Junction City, OR | $1,424 |
| Lebanon, OR | $1,531 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Corvallis apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.