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These days, finding an affordable place to live in the Corvallis area can be challenging. Home prices in Corvallis are now at a median cost of $495,204, lower than the Oregon average of $502,078.
The average cost of rent is $1,537/mo in Corvallis, primarily driven by the current value of real estate in the Corvallis area. In Corvallis, 52.53% of households rent, and 43.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Corvallis is $6,112 per month. Households that rent pay about 25.14% of their income on rent here. Corvallis’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lewisburg, OR: equally priced homes
- Orleans, OR: less expensive homes
- Philomath, OR: equally priced homes
- Wren, OR: higher priced homes
- Oakville, OR: less expensive homes
- Adair Village, OR: higher priced homes
- Tangent, OR: less expensive homes
- Nashville, OR: equally priced homes
- Peoria, OR: equally priced homes
- Albany, OR: less expensive homes
Cities with Similar Populations
- Yorba Linda, CA: higher priced homes
- Covina, CA: higher priced homes
- Warren, OH: less expensive homes
- Sanford, NC: less expensive homes
- Petaluma, CA: higher priced homes
- Weston, FL: higher priced homes
- The Colony, TX: equally priced homes
- Kokomo, IN: less expensive homes
- Huntington, WV: less expensive homes
- Camden, NJ: less expensive homes
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