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Rent in Philomath, OR

A 2-bedroom in Philomath, OR (ZIP 97370) typically rents for about $1,390 a month, with a range of $1,390–$1,857. 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

Typical monthly rent in Philomath, OR by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,365$1,3651
1 bed$1,395$1,395–$1,4871
2 beds$1,390$1,390–$1,8571
3 beds$1,770$1,770–$2,5711
4 beds$3,102$3,1021

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).

Philomath ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Philomath, OR?
About $1,390 a month: the median of the typical rents in 1 ZIP code, which range from $1,390–$1,857. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Philomath, OR?
About $1,395 a month: the median of the typical rents in 1 ZIP code, which range from $1,395–$1,487. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Philomath, OR?
About $1,770 a month: the median of the typical rents in 1 ZIP code, which range from $1,770–$2,571. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Philomath, OR?
About $1,365 a month: the median of the typical rents in 1 ZIP code, which range from $1,365. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Philomath, OR?
About $3,102 a month: the median of the typical rents in 1 ZIP code, which range from $3,102. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Philomath, 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 Philomath rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).