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

Philomath, OR

As of May 2026, Philomath's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Philomath's average rent is 19.8% ($314) higher than the Oregon average of $1,586 and 6.2% ($111) higher than the U.S. average of $1,789.

Average Rent

$1,900

Monthly ChangeMonth Over Month Change

7.5% ($155)

Yearly ChangeYear Over Year Change

18.8% ($300)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,506	7.6% ($107)	2.7% ($39)
2 Beds	$1,787	7.3% ($121)	7.6% ($126)
3 Beds	$2,369	8.5% ($185)	9.4% ($203)

Nearby Cities	Average Rent	Avg. Rent vs. PhilomathAverage Rent vs. Philomath	Avg. Days on MarketAverage Days on Market
Corvallis	$1,429	24.8% ($471)	28 days
Monmouth	$834	56.1% ($1066)	33 days
Albany	$1,562	17.8% ($338)	32 days
Independence	$1,997	5.1% ($97)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Philomath Rental Market FAQs

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

What is the average rent in Philomath, OR?

The average rent in Philomath, OR is $1,900 per month.

What is the rental price range for homes in Philomath, OR?

Homes in Philomath typically rent for between $1,054 and $3,080 per month, with an average of $1,900 per month.

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

In Philomath, the average rent for a 1-bedroom home is $1,506 per month, for a 2-bedroom home, $1,787 per month, and a 3-bedroom home is $2,369 per month.

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

The average rent in Philomath is 6.2% ($111) higher than the national average of $1,789 per month.

How have rent prices in Philomath, OR changed recently?

The average rent in Philomath has decreased by 7.5% ($155) in the last month and increased by 18.8% ($300) over the past year.

How competitive is the rental market in Philomath, OR?

The rental market in Philomath, 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 Philomath, OR?

In Philomath, OR, the average rental stays on the market for approximately 29 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 Philomath, OR?

There are currently 7 rental properties available in Philomath, OR.

Can I afford to rent a home in Philomath, OR?

Based on the current averages, a household would need an annual income of $71,480 to comfortably afford a 2-bedroom home in Philomath.