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Corvallis, MT

Full City Profile · Montana · Ravalli County County

3.2 /5.0
B Good
1,356 Population 2,338/sq mi density
$83,011 Median Income $29,757 per capita
$237,900 Home Value $652,268 Zillow
$1,275 Median Rent 32.8% income on rent
46°F Avg Temperature 273 sunny days/yr
500 Violent Crime/100K 3,171 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$83,011 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$237,900 home value, $1,275/mo rent
F
Safety
1.0 / 5.0
500 violent crimes/100K (31% above avg)
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Housing Overview

Median Home Value
$237,900
16% below
US avg: $281,900
Median Rent
$1,275/mo
10% above
US avg: $1,163/mo
Homeownership Rate
64.3%
2% below US avg (65.4%)
Total Housing Units
646
Median year built: 1997

Home Value by Source

Census Median
$237,900
Zillow (ZHVI)
$652,268
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.3%
Owner-Occupied
35.7%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$988/mo
1 Bedroom
$1,076/mo
2 Bedroom
$1,336/mo
3 Bedroom
$1,789/mo
4 Bedroom
$2,113/mo
Census median rent: $1,275/mo

Affordability & Housing Stock

Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
64.3%

Complete Housing Data

Home Values

Census Median Value$237,900
Zillow Home Value (ZHVI)$652,268

Rent

Census Median Rent$1,275
FMR Studio$988
FMR 1-Bedroom$1,076
FMR 2-Bedroom$1,336
FMR 3-Bedroom$1,789
FMR 4-Bedroom$2,113

Market

Ownership & Stock

Owner-Occupied64.3%
Renter-Occupied35.7%
Homeownership Rate64.3%
Total Housing Units646
Median Year Built1997
Rent Burden32.8%