Corvallis, Albany & Lebanon, Oregon December Rents Reports

[Ryan Long]

Linked files have advertised rentals rates for the past 3-6 months in each city. 1-2 bedrooms are almost identical rents across all three cities. Lebanon starts to lag in the 3-4 bedroom categories, but Corvallis and Albany match each other.

Corvallis purchase prices are still ~20% higher than the other two towns. Any speculation as to why rents aren't 20% higher? More run down rentals for students? Corvallis has premium price due to university giving stability??

Lebanon Dec '22 report: Lebanon PDF

Albany Dec '22 report: Albany PDF

Corvallis Dec '22 report: Corvallis PDF

Here are some tools for estimating rents for your specific or target properties-

Free rent estimate pages:

-RentCast https://app.rentcast.io/app

- Zillow https://www.zillow.com/rental-manager/price-my-rental/

- BiggerPockets https://www.biggerpockets.com/insights/property-searches/new

- Rentometer (one used in attachments) https://rent.report/the-sue-long-realty-group

- Contact me directly and I'd be happy to provide one for you