Rental numbers for Benton County, OR
The typical home here runs -$2,463 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.2%.
- Gross yield
- 3.8%
- typical home, Zillow
- Median ZIP yield
- 4.2%
- 4 ZIPs with full data
- Cash flow
- -$2,463/mo
- at 7.78%, 25% down
- Typical price
- $557,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,767/mo
- Zillow ZORI, Aug 2026
ZIP codes in Benton County
7 with published figures
| 97370Philomath | $527,000 | $1,998 | 4.5% | 1.8% | -$2,029 | n/a |
| 97321Albany | $508,000 | $1,841 | 4.3% | 1.6% | -$2,057 | +1.3% |
| 97333Corvallis | $527,000 | $1,808 | 4.1% | 1.4% | -$2,206 | +2.8% |
| 97324Alsea | $472,000 | $1,480* | 3.8% | 1.5% | -$1,948 | n/a |
| 97330Corvallis | $573,000 | $1,691 | 3.5% | 0.9% | -$2,670 | +1.6% |
| 97326Blodgett | $555,000 | $1,550* | 3.4% | 1.0% | -$2,540 | n/a |
| 97456Monroe | $578,000 | $1,570* | 3.3% | 0.9% | -$2,659 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.3%
- Rent, 12 months
- +2.1%
- Rent minus price growth
- +1.8 pts
- Property tax
- 0.95%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $470,620 | $1,313 |
| Aug 2022 | $535,190 | $1,503 |
| Aug 2023 | $545,438 | $1,621 |
| Aug 2024 | $551,756 | $1,685 |
| Aug 2025 | $555,322 | $1,730 |
| Aug 2026 | $556,919 | $1,767 |
HUD Fair Market Rent
FY2027, Corvallis, OR MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,365 | $1,487 | $1,857 | $2,571 | $3,102 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 15.4
- 593 units, last 12 months
- National percentile
- 84th
- among US counties
Tools
Test a listing in Benton County against today's rate.
Open the calculatorPart of the Corvallis, OR metro.
Questions
- Is Benton County good for rental property?
- The typical home here runs -$2,463 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Benton County?
- About 0.95% of value, from Census ACS median taxes paid over median home value. On a $557,000 home that is about $5,302 a year.
- What is Fair Market Rent in Benton County?
- HUD's FY2027 Fair Market Rent here is $1,487 for a 1-bedroom, $1,857 for a 2-bedroom and $2,571 for a 3-bedroom. Typical cash flow at today's rate is -$2,463 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.