Corvallis, OR · Oregon
Benton County
96,359 residents534 permits TTM$76,011 median HHI6 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$481,700
ACS 5-Year
Cap rate proxy
3.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.5%
HUD FMR ÷ ACS HHI
Net migration
+2.45%
IRS SOI
Permits (TTM)
534
Census BPS
Climate risk
84.4
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 97324 | — | — | — | 3.4% | — |
| 97370 | — | — | — | 4.3% | — |
| 97331 | — | — | — | 3.4% | — |
| 97330 | — | — | — | 4.4% | — |
| 97333 | — | — | — | 4.8% | — |
Ranked by composite score
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Demographics
Owner-occupied
56.0%
Census ACS
Vacancy rate
5.6%
Census ACS
Bachelor's degree +
54.4%
Census ACS
Rent burdened
56.4%
Census ACS (>30% income)
Median age
33.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026