Rent in Corvallis, OR
Across Corvallis's 4 ZIP codes, a 2-bedroom typically rents for about $1,660 a month, with figures from $1,440–$1,857. The highest typical rent is in 97339 ($1,857) and the lowest in 97330 ($1,440). 2 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Benton County pay about 0.95% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,232 | $997–$1,365 | 4 |
| 1 bed | $1,308 | $1,109–$1,487 | 4 |
| 2 beds | $1,660 | $1,440–$1,857 | 4 |
| 3 beds | $2,270 | $1,944–$2,571 | 4 |
| 4 beds | $2,323 | $1,178–$3,102 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Corvallis ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Corvallis, OR?
- About $1,660 a month: the median of the typical rents in 4 ZIP codes, which range from $1,440–$1,857. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Corvallis, OR?
- About $1,308 a month: the median of the typical rents in 4 ZIP codes, which range from $1,109–$1,487. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Corvallis, OR?
- About $2,270 a month: the median of the typical rents in 4 ZIP codes, which range from $1,944–$2,571. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Corvallis, OR?
- About $1,232 a month: the median of the typical rents in 4 ZIP codes, which range from $997–$1,365. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Corvallis, OR?
- About $2,323 a month: the median of the typical rents in 4 ZIP codes, which range from $1,178–$3,102. Figures are gross rent (rent plus tenant-paid utilities).
- Which Corvallis ZIP code has the highest rent?
- For a 2-bedroom, 97339 has the highest typical rent at $1,857 a month, and 97330 the lowest at $1,440.
- What is the property tax rate in Corvallis, OR?
- Owner-occupied homes in Benton County pay a typical 0.95% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Corvallis rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).