Homes For Rent in Philomath, OR

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What to Know About

Life in Philomath & Beyond

Philomath shares many of the great qualities that make Oregon a desirable place to live.

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 March 2025, Philomath's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Philomath's average rent is 2.1% ($35) lower than the Oregon average of $1,671 and 8.5% ($152) lower than the U.S. average of $1,788.

Average Rent
$1,636
Monthly ChangeMonth Over Month Change
Decreased0.5% ($9)
Yearly ChangeYear Over Year Change
Decreased4.2% ($71)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,498 Decreased1.7% ($26) Increased25.9% ($308)
2 Beds $1,667 Decreased8% ($145) Increased17.8% ($252)
3 Beds $2,210 Decreased8.7% ($210) Increased15.4% ($295)
Nearby Cities Average Rent Avg. Rent vs. PhilomathAverage Rent vs. Philomath Avg. Days on MarketAverage Days on Market
Corvallis $1,567 Decreased4.2% ($69) 28 days
Monmouth $1,570 Decreased4% ($66) 33 days
Albany $1,621 Decreased0.9% ($15) 32 days
Independence $2,000 Increased22.2% ($364) 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.

The average rent in Philomath, OR is $1,636 per month.
Homes in Philomath typically rent for between $1,049 and $2,873 per month, with an average of $1,636 per month.
In Philomath, the average rent for a 1-bedroom home is $1,498 per month, for a 2-bedroom home, $1,667 per month, and a 3-bedroom home is $2,210 per month.
The average rent in Philomath is 8.5% ($152) lower than the national average of $1,788 per month.
The average rent in Philomath has decreased by 0.5% ($9) in the last month and decreased by 4.2% ($71) over the past year.
The rental market in Philomath, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 7 rental properties available in Philomath, OR.
Based on the current averages, a household would need an annual income of $66,680 to comfortably afford a 2-bedroom home in Philomath.
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