Cost of Living in Benton County, Oregon

$1,359/mo
Median Monthly Rent
$481,700
Median Home Value
20% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,359/mo
20% above state average
Median Home Value
$481,700
71% above national
Rent-to-Income Ratio
38.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Benton County Compares

Median monthly rent comparison

Benton County$1,359/mo
Oregon Average$1,137/mo
National Median$1,163/mo

Detailed Housing Stats

$1,359/mo
Median Gross Rent
$481,700
Median Home Value
$1,484/mo
Monthly Owner Cost
38.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Benton County, Oregon

Benton County: Pricier Than National Average

Benton County's rent-to-income ratio of 21.4% exceeds both Oregon's state average (19.4%) and reflects stronger housing demand typical of college towns. Though median income here ($76,011) edges above the national median ($74,755), housing costs are climbing faster.

Benton Ranks Among Oregon's Pricier Markets

With a 21.4% rent-to-income ratio, Benton County is less affordable than most Oregon counties, driven partly by Oregon State University's presence in Corvallis. Median rent of $1,359 runs 19% above the state average of $1,137.

Benton's Housing Costs Reflect College-Town Pressures

Benton County's $1,359 rent is higher than Columbia County ($1,221) and Crook County ($1,224), reflecting Corvallis's regional role as an education and tech hub. Even so, homes here average $481,700—less than nearby Clackamas County's $577,900.

Over 1 in 5 Income Goes to Rent

Renters in Benton County spend $1,359 monthly (21.4% of income), while homeowners pay $1,484—both above state norms. The median home value of $481,700 means many households must choose: rent affordably or buy at a premium.

Benton Works for Professionals, Not Budget Hunters

Benton County suits higher-income professionals drawn to its tech ecosystem and university community, but tight budgets should look south or east. Your dollar stretches further in Baker, Columbia, or Crook counties while remaining in central Oregon.

Affordability Calculator

See how your income compares to housing costs in Benton County

$

Rent Burden

21.5%

of gross income

Max Housing (28% Rule)

$1,774

per month

Owner Cost Burden

23.4%

of gross income

The median home in Benton County may be a stretch

Median home value is $481,700. Estimated monthly cost: $3,846 vs. your max of $1,774.

Rent Affordability Guide

Your rent-to-income ratio21.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Benton County, Oregon?
Benton County, Oregon has a median monthly rent of $1,359/mo and a median home value of $481,700. The affordability rating is Unaffordable, with rent making up approximately 38.0% of median household income.
What is the median rent in Benton County?
The median gross rent in Benton County is $1,359/mo. This is 20% above state average for Oregon.
Is Benton County affordable?
Benton County is rated Unaffordable based on rent-to-income ratio of 38.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Benton County's rent compare to the state average?
Benton County's median rent of $1,359/mo is 20% above state average of $1,137/mo for Oregon.
What is the median home value in Benton County?
The median home value in Benton County, Oregon is $481,700. This is 71% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.