Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Corvallis, OR

As of May 2026, Corvallis's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Corvallis's average rent is 9.9% ($157) lower than the Oregon average of $1,586 and 20.1% ($360) lower than the U.S. average of $1,789.

Average Rent

$1,429

Monthly ChangeMonth Over Month Change

2.5% ($36)

Yearly ChangeYear Over Year Change

8.7% ($137)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,261	0.9% ($11)	4.8% ($63)
2 Beds	$1,493	0.5% ($8)	4.2% ($66)
3 Beds	$2,397	3.4% ($78)	4.9% ($113)

Nearby Cities	Average Rent	Avg. Rent vs. CorvallisAverage Rent vs. Corvallis	Avg. Days on MarketAverage Days on Market
Philomath	$1,900	33% ($471)	29 days
Albany	$1,562	9.3% ($133)	32 days
Monmouth	$834	41.6% ($595)	33 days
Jefferson	$1,702	19.1% ($273)	36 days
Independence	$1,997	39.7% ($568)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Corvallis Rental Market FAQs

Explore rental prices, market trends, and availability in Corvallis, OR.

What is the average rent in Corvallis, OR?

The average rent in Corvallis, OR is $1,429 per month.

What is the rental price range for apartments in Corvallis, OR?

Apartments in Corvallis typically rent for between $883 and $3,116 per month, with an average of $1,429 per month.

What is the average rent for different bedroom sizes in Corvallis, OR?

In Corvallis, the average rent for a 1-bedroom apartment is $1,261 per month, for a 2-bedroom apartment, $1,493 per month, and a 3-bedroom apartment is $2,397 per month.

How do rent prices in Corvallis, OR compare with the national average?

The average rent in Corvallis is 20.1% ($360) lower than the national average of $1,789 per month.

How have rent prices in Corvallis, OR changed recently?

The average rent in Corvallis has decreased by 2.5% ($36) in the last month and decreased by 8.7% ($137) over the past year.

How competitive is the rental market in Corvallis, OR?

The rental market in Corvallis, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Corvallis, OR?

In Corvallis, OR, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Corvallis, OR?

There are currently 115 rental properties available in Corvallis, OR.

Can I afford to rent an apartment in Corvallis, OR?

Based on the current averages, a household would need an annual income of $59,720 to comfortably afford a 2-bedroom apartment in Corvallis.