Corvallis, OR Airbnb Market Data, Statistics, and Occupancy Rates

Corvallis Short-Term Rental Market Overview

Corvallis, OR presents an attractive short-term rental opportunity shaped by its role as a college town anchored by Oregon State University, which drives consistent visitor demand around academic events, football weekends, and graduation seasons. With 125 active Airbnb listings, an average daily rate of $151, and occupancy at 35% — slightly above Oregon's 33% state average — the market offers a modest but stable income profile. Average annual revenue comes in at $28,237 across all property types, and while home values averaging $728,534 compress the revenue-to-price ratio, above-average occupancy stability and market growth trends help offset that gap.

Key Market Statistics

According to Rabbu market data, the Corvallis short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Corvallis

Investors consider Corvallis for its university-driven demand cycles, above-average occupancy stability, and a growing STR market that still has room for well-positioned properties.

Expert Market Assessment

"Corvallis earns an ROI score of 56 out of 100, placing it in the "Attractive Opportunity" band — a market where the fundamentals are sound but returns require smart property selection. Seasonality is pronounced: July peaks at $3,207 in average monthly revenue while February dips to $1,449, creating a roughly 2.2x spread between the best and weakest months. Three-bedroom properties stand out as a sweet spot, delivering $42,692 in annual revenue with the highest occupancy rate at 43%, making them a compelling option for investors looking to balance acquisition cost against income potential. The supply-demand balance currently sits below average, so careful positioning and amenity differentiation will be important for standing out in an increasingly competitive field."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Corvallis

Average revenue by month in Corvallis

Revenue in Corvallis follows a clear seasonal curve, peaking in July at $3,207 and bottoming out in February at $1,449 — a spread of over $1,750. The summer months (June–September) consistently deliver above-average returns, while winter represents a slower period that investors should account for in cash flow planning.

Active Airbnb listings by property size in Corvallis

One-bedroom units dominate supply with 55 of the market's 125 listings, followed by 3-bedrooms (26) and 2-bedrooms (22). Larger properties with 4 and 5 bedrooms are notably scarce at just 6 and 5 listings respectively, which could represent an opportunity for investors willing to target group and family travelers with limited competition.

Average daily rate (ADR) by property size in Corvallis

ADR climbs steadily from $104 for studios to $329 for 5-bedroom homes, with each additional bedroom adding roughly $40–$65 to the nightly rate. The steepest premium jump occurs between 2-bedrooms ($144) and 3-bedrooms ($205), suggesting this is where guest willingness to pay for space accelerates most.

Average RevPAN by property size in Corvallis

Three-bedroom properties deliver the strongest RevPAN at $88, edging out 4-bedrooms at $87, while studios and 1-bedrooms each sit at just $35. The drop-off to $67 for 5-bedrooms indicates that while they command high nightly rates, lower occupancy erodes their per-night revenue efficiency.

Average occupancy rates by property size in Corvallis

Three-bedroom listings lead occupancy at 43%, followed by 2-bedrooms at 38%, while 5-bedroom properties trail significantly at 21%. This pattern suggests that mid-sized properties hit the demand sweet spot in Corvallis, offering enough space for visiting families and groups without the booking friction that comes with larger, higher-priced homes.

Average monthly revenue by property size in Corvallis

Four-bedroom properties top monthly revenue at $3,889, closely followed by 3-bedrooms at $3,557, while studios generate just $1,289 per month. The revenue gap between 1-bedroom ($1,567) and 2-bedroom ($2,529) units is substantial, making the jump to a 2-bedroom a meaningful upgrade in earning potential.

Average annual revenue by property size in Corvallis

Four-bedroom properties lead annual revenue at $46,677, with 3-bedrooms close behind at $42,692 — both significantly outperforming studios ($15,477) and 1-bedrooms ($18,808). Interestingly, 5-bedroom homes earn less ($40,041) than 4-bedrooms despite higher ADR, making 3- and 4-bedroom configurations the strongest return candidates in this market.

Most common amenities for Airbnb listings in Corvallis

Parking is nearly universal at 99% of listings, reflecting Corvallis's car-dependent layout, while kitchens (88%) and self check-in (82%) round out the top three essentials. The prevalence of workspaces (57%) and backyards (63%) signals that guests value comfort for extended stays, and differentiators like hot tubs (5%) and EV chargers (12%) remain rare — offering potential competitive advantages for hosts willing to invest.

Understanding Corvallis's ROI Score: 56/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Corvallis earns a 56 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band where fundamentals support investment but careful property selection matters. The market benefits from above-average occupancy stability and a positive growth trend, though a below-average revenue-to-price ratio — driven by home values near $729K against $28K in annual revenue — means investors need to target higher-performing property sizes to make the numbers work. Pairing this data with thorough local regulatory research and a focus on 3- or 4-bedroom configurations can help investors capture the best returns this market has to offer.

Short-Term Rental Regulations in Corvallis

Understanding local STR regulations is essential before investing in Corvallis. Here's the current regulatory landscape:

Permit Requirements

The City of Corvallis and the State of Oregon may require short-term rental operators to obtain permits or register their properties before listing them. Investors should verify current permit requirements directly with the City of Corvallis planning department, as local STR regulations can evolve.

Key Restrictions

Common restrictions in markets like Corvallis may include occupancy limits, minimum stay requirements, noise and parking regulations, and caps on the number of permitted STR properties in certain zones. HOA rules can add another layer of restriction, so investors should review any applicable covenants before purchasing.

Tax Obligations

Oregon requires short-term rental hosts to collect and remit transient lodging taxes, and the City of Corvallis may impose its own local occupancy or tourism taxes on top of state obligations. Many booking platforms handle tax collection automatically, but hosts should confirm their specific obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Corvallis can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Corvallis is expected to maintain its seasonal rhythm with summer months continuing to drive the strongest returns — revenue in June and July has historically topped $3,100 per listing. The market's above-average growth trend and occupancy stability suggest steady demand, and we estimate ADR could see a modest 1–3% increase as hosts continue adding amenities like workspaces and pet-friendly features. Winter months will likely remain softer, with January and February revenues near $1,450, so investors should plan cash reserves accordingly. Overall, the trajectory looks positive, though returns will depend heavily on property type and operational execution."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Corvallis, OR

What is the average Airbnb occupancy rate in Corvallis?

The average Airbnb occupancy rate in Corvallis is currently 35%, which edges above Oregon's statewide average of 33%. Occupancy varies by property size, with 3-bedroom listings performing best at 43%, while studios and 1-bedrooms hover around 33–34%. Larger 5-bedroom properties see lower occupancy at 21%, suggesting demand is concentrated in mid-sized accommodations.

How much do Airbnb hosts make in Corvallis?

On average, Airbnb hosts in Corvallis earn approximately $2,353 per month or $28,237 per year based on trailing 12-month booking data. Earnings vary significantly by property size — 4-bedroom listings lead at $46,677 annually, while studios bring in closer to $15,477. Revenue also fluctuates seasonally, with summer months generating roughly double what hosts earn in winter.

Is Corvallis a good market for Airbnb investment?

Corvallis scores a 56 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" tier. The market benefits from above-average occupancy stability and a positive growth trend, though the revenue-to-price ratio is below average given home values averaging $728,534. Investors targeting 3- or 4-bedroom properties are positioned to capture the strongest returns, but should factor in the seasonal dip during winter months when building their financial projections.

What is the average daily rate (ADR) for Airbnb in Corvallis?

The average daily rate for Airbnb listings in Corvallis is $151, which is well below Oregon's statewide average of $383. ADR scales meaningfully with property size: studios average $104 per night, while 5-bedroom homes command $329. This pricing structure reflects the college-town market dynamics, where group travel and family visits push demand toward larger properties.

Are short-term rentals legal in Corvallis?

Short-term rentals operate in Corvallis, but hosts should verify current permit and registration requirements with the City of Corvallis and Benton County. Local regulations can include zoning restrictions, occupancy limits, and tax registration obligations. We recommend consulting the city's planning department and a local attorney or property manager to ensure full compliance before listing.

When is peak season for Airbnb in Corvallis?

Peak season in Corvallis runs from June through September, with July topping out at $3,207 in average monthly revenue. This period aligns with summer tourism, university-related events like orientation and move-in, and general travel to Oregon's Willamette Valley. The off-peak months of January and February see revenue drop to around $1,450, so hosts should plan for a notable seasonal swing.

How many Airbnbs are there in Corvallis?

Corvallis currently has 125 active Airbnb listings. The market has seen substantial growth, with active listings increasing 95% year over year. One-bedroom units make up the largest share of supply at 55 listings, followed by 3-bedrooms (26) and 2-bedrooms (22), while 4- and 5-bedroom properties remain relatively scarce with just 6 and 5 listings respectively.

How is Airbnb revenue calculated in Corvallis?

The annual and monthly revenue figures for Corvallis are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently, while naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for Corvallis and surrounding areas
• Average daily rates, occupancy, and RevPAN metrics derived from actual booking performance
• Monthly and annual revenue estimates based on trailing 12-month historical data
• Property size breakdowns covering studios through 5-bedroom homes
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.