Cheap Apartments for Rent in Corvallis, OR from $500 (121 Rentals)

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

property at 4632 SW 47th Pl

$950

Total Monthly Price

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Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

4632 SW 47th Pl

CorvallisOR97333

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

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Veri at Timberhill
Rent Specials
$1,695 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $1,995
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Veri at Timberhill

2380 NW Rolling Green DrCorvallis, OR 97330
Pet Friendly
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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

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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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 3 Beds unit found at Larson Commons priced from $821. Lancaster Bridge has the second lowest priced unit, which is a 3 Beds apartment currently listed from $868. Here is today’s list of the most affordable Corvallis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Larson Commons3 Bedroom 1.5 Baths - Townhouse Apts.3BR,1BA$821
Lancaster Bridge3 Bedrooms 1.5 Baths3BR,1BA$868
The Vicinity2x12BR,1BA$999
The Riviera2BR 1 Bath2BR,1BA$1,099
Executive PlazaExPlaza2BR,1BA$1,350
Villa Chateau Apartments2/1.5 A2BR,1BA$1,395
1445-1455 NW Division Ave2 Beds, 1.5 Baths2BR,1BA$1,450
240 NW 9th St Corvallis2 Beds, 1 Baths2BR,1BA$1,450
Samaritan VillageStudioStudio,1BA$1,473
Witham VillageOne Bedroom1BR,1BA$1,495

Best Value Apartments for Rent in Corvallis, OR

As of June 20, 2026 the best value apartment in the Corvallis area is the $0.65 price per square foot 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain in the starting from $799. The second greatest value Corvallis apartment is the Two Bedroom-Two Bath Model at Park Plaza starting at $1,810 with a $1.62 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.
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Park PlazaTwo Bedroom-Two Bath2BR,2BA$1.62
Larson Commons3 Bedroom 1.5 Baths - Townhouse Apts.3BR,1.5BA$0.75
Conifer PlaceTwo Bed Two Bath C2BR,2BA$1.71
Lancaster Bridge3 Bedrooms 1.5 Baths3BR,1.5BA$0.81
Crystal Lake Apartments2BR 2 Bath2BR,2BA$1.70
1445-1455 NW Division Ave2 Beds, 1.5 Baths2BR,1.5BA$1.61
Executive PlazaExPlaza2BR,1BA$1.55
240 NW 9th St Corvallis2 Beds, 1 Baths2BR,1BA$1.81
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.86

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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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!

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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 $1,250 at The Riviera.

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 $999 at The Vicinity.

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

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.