
Cheap Homes for Rent in Corvallis, OR from $700 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Corvallis.


4632 SW 47th Pl

410 NW 8th St, Unit 105

2145 NW Highland Dr

620 NW 21st St, Unit 13

145 NW 16th St, Unit 501
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.

145 NW 16th St, Unit 602

915 SW Adams Ave

1010-1062-1062 NW Fillmore Ave, Unit 37

1010-1062-1062 NW Fillmore Ave, Unit 27

991 NW Circle Blvd

3312 NE Lancaster St
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.

214 SW 8th St, Unit 1

1445 NW Division St

620 NW 21st St, Unit 16

2465 SW Pickford St

205 NW Kings Blvd

2662 NW Tyler Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.

145 NW 16th St, Unit 406

100-190 SE Viewmont Ave, Unit 150-C

100-190 SE Viewmont Ave, Unit 110-A

6298 SW Grand Oaks Dr

1052 SW Western Blvd

329 SW 10th St
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.

4030 SW Western Blvd
Corvallis, OR Local Guide

How much does it cost to rent a home in Corvallis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Corvallis 2 Bedroom Homes for Rent | $2,000 | $1,395 | $3,400 |
| Corvallis 3 Bedroom Homes for Rent | $2,429 | $950 | $3,100 |
| Corvallis 4 Bedroom Homes for Rent | $3,197 | $2,795 | $4,000 |
| Corvallis 5 Bedroom Homes for Rent | $4,565 | $3,885 | $5,195 |
| Corvallis 7 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Corvallis
Explore Corvallis
Corvallis, OR Local Guide
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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 3 Beds apartment currently listed from $868. Here is today’s list of the most affordable Corvallis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Julian Hotel | 1 Bedroom 1 Bath - PBS8 | 1BR,1BA | $734 |
| Lancaster Bridge | 3 Bedrooms 1.5 Baths | 3BR,1BA | $868 |
| The Vicinity | 2.S | 2BR,1BA | $999 |
| The Riviera | 1BR 1 Bath | 1BR,1BA | $1,250 |
| Park Plaza | Studio | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Corvallis, OR
As of May 27, 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 3 Bedrooms 1.5 Baths Model at Lancaster Bridge starting at $868 with a $0.81 price per square foot . Here is today’s list of the best values for Corvallis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yugo Corvallis Domain | 3 Bed, 3 Bath Classic | 3BR,3BA | $0.65 |
| Lancaster Bridge | 3 Bedrooms 1.5 Baths | 3BR,1.5BA | $0.81 |
| Conifer Place | Two Bed Two Bath A | 2BR,2BA | $1.93 |
| Crystal Lake Apartments | 2BR 2 Bath | 2BR,2BA | $1.70 |
| Veri at Timberhill | Two Bedroom Townhome | 2BR,1.5BA | $2.02 |
| Executive Plaza | ExPlaza | 2BR,1BA | $1.55 |
| North Pointe | 2b1ba | 2BR,1BA | $1.92 |
| Villa Chateau Apartments | 2/1.5 A | 2BR,1.5BA | $1.86 |
| The Riviera | 1BR 1 Bath | 1BR,1BA | $2.02 |
| Julian Hotel | 1 Bedroom 1 Bath - PBS8 | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Corvallis, ORPopulation: 58,641
Ranked #651
in US Census Population by City
Best Local Schools in Corvallis, OR
Crescent Valley High School
Linus Pauling Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Corvallis, OR
Frequently Asked Questions about Corvallis
What type of rentals are currently available in Corvallis?
There are currently 316 Apartments for Rent in Corvallis, OR with pricing that ranges from $695 to $4,500. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Corvallis ranging from $700 to $5,600.
What is the current price range for Rental Homes in Corvallis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Corvallis ranges from $700 to $5,600 with an average monthly rent of $3,463.
How much are larger Three and Four Bedroom Rentals in Corvallis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Corvallis range from $1,599 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,900.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.