Corvallis
Oregon · Ranked #313 of 373 metros
46Moderate
💡
Housing in Corvallis costs 7.37× the median income, above the national average of 4.5×. The median home price is $538K and median rent is $1,368/month. Corvallis ranks #313 of 373 metros for affordability.
Median Home Price
🏠$538K
Need $159K income
Median Rent
🔑$1,368
Need $55K income
Building Permits
🔨116
annual
Median Income
💰$73K
Pop: 96,914
Rent Burden
⚠️39.9%
of renters paying >30%
Homeownership
🏡58.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Corvallis | National |
|---|---|---|
| Price-to-Income Ratio | 7.37x | 6.1x |
| Rent Burden | 39.9% | 31.5% |
| Homeownership Rate | 58.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +51.2%Since 2000: +230.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,200/mo
1 Bedroom$1,290/mo
2 Bedroom$1,622/mo
3 Bedroom$2,256/mo
4 Bedroom$2,545/mo
Zillow Market Data
Home Value (ZHVI)
$547K
1yr: -0.1%5yr: +28.1%
Rent (ZORI)
$2,055/mo
1yr: +5.8%5yr: +46.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$234K
Active Inventory
1
Days on Market
19
Sold Above List
50.0%