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Corvallis, OR

Full City Profile · Oregon · Benton County County

3.0 /5.0
B Good
60,424 Population 4,159/sq mi density
$63,807 Median Income $38,256 per capita
$480,600 Home Value $550,020 Zillow
$1,342 Median Rent 39.6% income on rent
53°F Avg Temperature 251 sunny days/yr
130 Violent Crime/100K 3,127 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$63,807 median income, 4.9% unemployment
C
Affordability
2.4 / 5.0
$480,600 home value, $1,342/mo rent
F
Safety
1.0 / 5.0
130 violent crimes/100K
A+
Education
5.0 / 5.0
60.9% bachelor's degree or higher

Housing Overview

Median Home Value
$480,600
70% above
US avg: $281,900
Median Rent
$1,342/mo
15% above
US avg: $1,163/mo
Homeownership Rate
41.4%
37% below US avg (65.4%)
Total Housing Units
25,620
Median year built: 1979

Home Value by Source

Census Median
$480,600
Zillow (ZHVI)
$550,020
Median Sale Price
$567,000
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

41.4%
Owner-Occupied
58.6%
Renter-Occupied
41%
59%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $1,342/mo · Zillow rent: $2,066/mo

Market Indicators (Redfin)

Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
11.5%
of listings with price reduction
Price Per Sq Ft
$278
Active Inventory
78
homes for sale

Affordability & Housing Stock

Rent Burden
39.6%
of renters spending 30%+ of income on housing
28% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
41.4%

Complete Housing Data

Home Values

Census Median Value$480,600
Zillow Home Value (ZHVI)$550,020
Median Sale Price$567,000
Median List Price$550,000
Price Per Sq Ft$278

Rent

Census Median Rent$1,342
Zillow Rent (ZORI)$2,066
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market102
Sale-to-List Ratio1.0%
Price Drops11.5%
Homes Sold25
Active Inventory78
Price Per Sq Ft$278

Ownership & Stock

Owner-Occupied41.4%
Renter-Occupied58.6%
Homeownership Rate41.4%
Total Housing Units25,620
Median Year Built1979
Rent Burden39.6%