Rental numbers for the Corvallis, OR metro
The typical home here runs -$2,437 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this metro 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
- -$2,437/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 the metro
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
- 0.90%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $470,679 | $1,313 |
| Aug 2022 | $535,286 | $1,503 |
| Aug 2023 | $545,513 | $1,621 |
| Aug 2024 | $551,831 | $1,685 |
| Aug 2025 | $555,341 | $1,730 |
| Aug 2026 | $556,971 | $1,767 |
Counties
- Benton County, OR4.2% median yield
Tools
Questions
- Is the Corvallis, OR metro good for rental property?
- The typical home here runs -$2,437 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Corvallis, OR metro have the highest rental yield?
- 97370 (Philomath) at 4.5%, 97321 (Albany) at 4.3%, 97333 (Corvallis) at 4.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.