States › Oregon › Corvallis

Is Corvallis, OR expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7431% lower than U.S. average
💵 Families earn per year (2026)$70,115about $5,843/month · 19% lower than U.S. average
🔑 House price$502,90051% higher than U.S. average

Rent is higher than in 54% of U.S. cities. A typical house costs about 7.2 years of household income, so buying is hard for most locals. Commutes are short, about 16.1 minutes. Most households rent (58%), so there are plenty of rental options. It is a highly educated city: 61.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $69,720 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other Oregon cities?

Yes. Rent here is cheaper than in most of Oregon. It is number 39 of 105 cities from cheapest to most expensive.

Corvallis
$1,743
$1,685
$1,983
$2,309
$1,560

How much do households earn in Corvallis?

Under $25k
17.9%
$25k–50k
18.1%
$50k–100k
28.3%
$100k–150k
14.8%
$150k+
10.9%

Share of households by yearly income. 25.8% of households earn $100,000 or more.

Rent by apartment size in Corvallis

SizeCorvallisU.S. average
Studio$1,136$1,338
1 bedroom$1,189$1,324
2 bedrooms$1,545$1,509
3 bedrooms$2,106$1,698
4 bedrooms$1,410$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Corvallis overall?

Everyday prices in the Corvallis metro area are 4% above the U.S. average (index 104.0, U.S. = 100).

Housing
114
Goods (food, clothes…)
105
Utilities
109
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Corvallis

🏛️ Property tax$5,329a year · 1.06% of home value · U.S. $3,119
⚡ Electric bill$91a month (typical) · U.S. $156

Life in Corvallis

Commute to work16.1 minU.S.: 26.4 min
College degree61.4%U.S.: 35.7%
Own their home41.7%U.S.: 65.2%
Below poverty line24.3%U.S.: 12.5%
Unemployment8.4%U.S.: 5.2%

What jobs pay in Corvallis

JobMedian payRent / pay
Pharmacist$170,47012.3%
Physician Assistant$146,71014.3%
Nurse Practitioner$136,65015.3%
Software Developer$125,65016.6%
Lawyer$123,65016.9%
Dental Hygienist$114,45018.3%
Civil Engineer$104,15020.1%
Computer Systems Analyst$103,61020.2%
Electrician$99,88020.9%
Police Officer$94,72022.1%
Operations Manager$93,32022.4%
Firefighter$82,70025.3%
Plumber$80,40026.0%
Accountant$77,20027.1%
Elementary School Teacher$76,71027.3%
Licensed Practical Nurse$74,16028.2%
Market Research Analyst$64,70032.3%
HVAC Technician$63,72032.8%
Carpenter$63,29033.0%
Truck Driver$59,61035.1%
Medical Assistant$48,89042.8%
Nursing Assistant$48,83042.8%
Server (Waiter/Waitress)$46,60044.9%
Customer Service Representative$44,52047.0%
Restaurant Cook$38,38054.5%
Warehouse Worker$37,76055.4%
Retail Salesperson$35,41059.1%
Cashier$34,74060.2%

Is it cheaper to rent or buy in Corvallis?

Renting is cheaper right now: about $1,746 a month less.

Renting
$1,743
Owning
$3,489

Owning assumes a typical $502,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,290 for the down payment.

Frequently asked questions

What is the average rent in Corvallis, OR?

Renting in Corvallis costs a median of about $1,743 a month in 2026, including utilities. The Oregon median is $1,811.

How much do I need to make to live in Corvallis?

To keep rent under 30% of income, you need about $69,720 a year, or $34 an hour at a full-time job.

Is Corvallis cheap or expensive?

Corvallis is rated OK: rent takes 29.8% of the typical household income of $70,115. It ranks 39th cheapest of 105 Oregon cities we track.

How much are property taxes in Corvallis?

The median homeowner in Corvallis pays $5,329 a year in property taxes, about 1.06% of the median home value.

Is Corvallis more expensive than the national average?

Overall prices in the metro area are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Corvallis?

The median home value in Corvallis is $502,900, about 7.2 times the typical yearly household income.

59,960 people live in Corvallis. Numbers are typical (middle) values.