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Corvallis city, OR

ZIP 97330 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97330

Median Home Value
$495,700
Median Rent
$1,224
Affordability Snapshot
$136,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,184/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

33.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97330 in Corvallis city, OR, a household would need roughly $136,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,184. That is about 97% above the local median household income ($69,127), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
50.1%-23% vs US avg
x
Vacancy Rate
5.3%-48% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
36.8%-26% vs US avg
x
Mortgage-Free
50.5%+32% vs US avg
x
$495,700
Home Value
$1,224
Rent
1975
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached52.8%
  • 1-unit attached7.4%
  • 2-9 units17.5%
  • 10+ units18.4%
  • Mobile home & other3.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$495,700
Median rent$1,224
Owner-occupied50.1%
Vacant5.3%
Price-to-income7.2x
Est. income to buy$136,000