Median Home Price
$548,593.16
Median RentTIE
$1,811.38/mo
Price-to-Rent Ratio
25.2
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+0.4%
Price Change (5Y)BETTER
+1.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$486,953
Median Home PriceBETTER
$446,036.58
Median RentTIE
$1,805.55/mo
Price-to-Rent RatioBETTER
20.6
Property Tax RateTIE
0.97%
Price Change (1Y)
-0.1%
Price Change (5Y)
-0.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$277,740
Key Differences
Home Prices
Corvallis's median home price of $548,593.16 is higher than Eugene's $446,036.58 by 23%.
Monthly Rent
Renting in Corvallis costs $1,811.38/mo compared to $1,805.55/mo in Eugene—a difference of $5.83/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.