Cheap Apartments for Rent in Corvallis, OR from $500 (94 Rentals)

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Search the lowest-cost Apartments available for rent right now in Corvallis.

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503 NW 18th St, Unit 3
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

503 NW 18th St, Unit 3

503 NW 18th StCorvallis, OR 97330
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Veri at Timberhill
Rent Specials
$1,425 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,895
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Veri at Timberhill

2380 NW Rolling Green DrCorvallis, OR 97330
Transit Friendly
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pickford Leonard
Studio to 4 Bedroom Apartments

Pickford Leonard

2600-2610 SW Pickford StCorvallis, OR 97333
  • Utilities Included
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Julian Hotel
Studio to 1 Bedroom Apartments

Julian Hotel

103-107 SW 2nd StCorvallis, OR 97333
  • Utilities Included
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Larson Commons
1 to 3 Bedroom Apartments

Larson Commons

131 SW Praire AveCorvallis, OR 97333
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Cascade Apartments
Studio to 1 Bedroom Apartments

Cascade Apartments

525 NW Monroe AveCorvallis, OR 97330
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Alexander Court
1 to 3 Bedroom Apartments

Alexander Court

100 SE Alexander AveCorvallis, OR 97333
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lancaster Bridge
2 to 4 Bedroom Apartments

Lancaster Bridge

3384 NE Oxford CirCorvallis, OR 97330
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Brooktree Apartments
2 Bedroom Apartments

Brooktree Apartments

2770-2790 NW 29th StCorvallis, OR 97330
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1421-1443 NW Highland Dr
1 to 2 Bedroom Apartments

1421-1443 NW Highland Dr

1421-1443 NW Highland DrCorvallis, OR 97330
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La Gaviota Apartments
2 Bedroom Apartments

La Gaviota Apartments

750 NW 25th StCorvallis, OR 97330
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Amber Court
1 Bedroom Apartments

Amber Court

1430-1460 NW Division StCorvallis, OR 97330
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La Fonda Apartments
1 to 2 Bedroom Apartments

La Fonda Apartments

1133 SW Western BlvdCorvallis, OR 97333
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Palatine Apartments
1 Bedroom Apartments

Palatine Apartments

514 NW 21st StCorvallis, OR 97330
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Samaritan Village
Studio to 1 Bedroom Apartments

Samaritan Village

285 NW 35th StCorvallis, OR 97330
Senior Living
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Corvallis, OR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Corvallis Apartments for Rent

 

The cheapest available apartment rental in Corvallis, OR is a 1 Bed unit found at Julian Hotel priced from $734. Lancaster Bridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $748. Here is today’s list of the most affordable Corvallis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Julian Hotel1 Bedroom 1 Bath - PBS81BR,1BA$734
Lancaster Bridge2 Bedroom 1 Bath2BR,1BA$748
Larson Commons3 Bedroom 1.5 Baths - Townhouse Apts.3BR,1BA$821
The Union4BR/3BA - Oak Elite Tech Reno4BR,3BA$1,025
7th Street Station4BR/4BA - A - Premium4BR,4BA$1,089
Villa Chateau Apartments2/1.5 A2BR,1BA$1,245
Witham VillageOne Bedroom1BR,1BA$1,425

Best Value Apartments for Rent in Corvallis, OR

As of August 04, 2026 the best value apartment in the Corvallis area is the $0.79 price per square foot 4BR/4BA - A - Premium Model at 7th Street Station in the starting from $1,089. The second greatest value Corvallis apartment is the 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain starting at $799 with a $0.65 price per square foot . Here is today’s list of the best values for Corvallis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7th Street Station4BR/4BA - A - Premium4BR,4BA$0.79
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Park PlazaTwo Bedroom-Two Bath2BR,2BA$1.62
975 NW Garfield Ave4 Beds, 1.5 Baths4BR,1.5BA$1.68
Larson Commons3 Bedroom 1.5 Baths - Townhouse Apts.3BR,1.5BA$0.75
Conifer PlaceTwo Bed Two Bath A2BR,2BA$1.88
Lancaster Bridge2 Bedroom 1 Bath2BR,1BA$0.91
1765 NW Van Buren Ave2 Beds, 1 Baths2BR,1BA$1.85
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.66
Julian Hotel1 Bedroom 1 Bath - PBS81BR,1BA$1.47

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Corvallis Overview

Scenically located in the central-western part of the state, Corvallis is home to over 50,000 proud residents as well as the lauded Oregon State University. Combining plenty of north-west charm to spare and a budding regional economy, this on-the-rise city is an excellent locale to consider for anyone in the market for a new home.

Why live in Corvallis, OR?

Offering plenty of the nature beauty that Oregon is famous for, Corvallis apartments make a fantastic option for anyone eager to discover all that the north-west has to offer. From a budding and artist-friendly downtown scene, to a variety of pleasing eateries and retail shopping options, this charming 'little big city' is an ideal setting for both college students and young-at-heart working professionals and families. With Portland and Eugene job markets both a short commute away, Corvallis is a near-perfect spot for life in the great state of Oregon.

Corvallis, OR
Population: 58,641

Ranked #651

in US Census Population by City

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Best Local Schools in
Corvallis, OR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Corvallis, OR Rentals by Map

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See the most popular apartments and homes in Corvallis, OR

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Frequently Asked Questions about Cheap Corvallis Apartments

How much is rent for a Cheap One Bedroom Corvallis Apartment?

The lowest price for a Cheap One Bedroom Corvallis Apartment is $734 at Julian Hotel.

What is the lowest price for a Cheap Two Bedroom Corvallis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Corvallis is starting from $748 at Lancaster Bridge.

What is the most affordable Corvallis Three Bedroom Apartment?

The best deal on a cheap Corvallis Three Bedroom Apartment rental is at Larson Commons and starts from $821.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.