MyNeighborhood

Can you afford to live in Corvallis?

Median household income, home values and rent in Corvallis, OR — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Corvallis.

Median household income: $63,807 — +50.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,342/mo — +54.6% since 2015

Median home value, 2015 to 2023

  • 2015: 270800
  • 2023: 480600

Median household income

  • Corvallis: 63807
  • Benton County: 76011
  • OR: 80426
  • U.S.: 78538

Median gross rent

  • Corvallis: 1342
  • Benton County: 1359
  • OR: 1450
  • U.S.: 1348

Share of income a typical renter spends on rent: 39.6% — U.S.: 30.2%

What it means

The typical household here earns $63,807 — notably lower than the national figure of $78,538.

The typical renter here spends 39.6% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+54.6% versus +50.2%), before adjusting for inflation.

Sources

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