How much is a home worth in ZIP code 97330?

The typical home in 97330 is worth $574,356, based on the Zillow Home Value Index.

Are home values rising in 97330?

Home values in 97330 are down 0.1% over the past year, and up 4.5% a year over five years.

What is the typical rent in 97330?

A typical home in 97330 rents for about $1,881 a month, a gross rental yield of 3.9%.

What is the property tax rate in 97330?

The effective property tax rate in 97330 is 1.0% — roughly $5,683 a year on a typical home.

ZIP code 97330 has a population of 43,878 and a median household income of $70,742.

HousingHandbookReference data

…

U.S. ZIP Code · OR97330

Benton County · Corvallis, OR

Typical home value

$574,356^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.1%
5-year / yr: +4.5%
10-year / yr: +5.7%

Relative price

vs U.S.: +102.2%
vs metro: +8.9%
vs state: +24.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97330 is worth $574,356 — 8.9% above the Corvallis, OR median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,881 a month — a 3.9% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,881^[2]
Gross yield: 3.9%^[2]
Cap rate: 2.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $5,683^[3]

#Climate risk

FEMA National Risk Index ratings for Benton County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: No Rating
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Relatively Low

#Who lives here

Population: 43,878^[3]
Median household income: $70,742^[3]

#Migration

Household moves in and out of Benton County over a year, from IRS tax-return data.

Net migration: -487^[5]
Moved in: 3,787
Moved out: 4,274

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 6
Middle: 2
High: 2

Corvallis High School
High · Grades 9–12 · Corvallis SD 509J
1,255 students
Crescent Valley High School
High · Grades 9–12 · Corvallis SD 509J
942 students
Linus Pauling Middle School
Middle · Grades 6–8 · Corvallis SD 509J
732 students
Cheldelin Middle School
Middle · Grades 6–8 · Corvallis SD 509J
535 students
Garfield Elementary School
Elementary · Grades K–5 · Corvallis SD 509J
368 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.9%

Net yield (after ~40% expenses)2.4%

Annual rent$22,578

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,904

Loan principal$459,485

Down payment$114,871

Total interest paid$586,047

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.05

Monthly cost to own$3,857

Monthly rent$1,881

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 75th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97330?: The typical home in 97330 is worth $574,356, based on the Zillow Home Value Index.
Are home values rising in 97330?: Home values in 97330 are down 0.1% over the past year, and up 4.5% a year over five years.
What is the typical rent in 97330?: A typical home in 97330 rents for about $1,881 a month, a gross rental yield of 3.9%.
What is the property tax rate in 97330?: The effective property tax rate in 97330 is 1.0% — roughly $5,683 a year on a typical home.
Who lives in 97330?: ZIP code 97330 has a population of 43,878 and a median household income of $70,742.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

97456 vs 97330 →
Bellfountain CDP, OR
Typical home
$573,466
Gross yield
—
97333 vs 97330 →
Corvallis, OR
Typical home
$527,459
Gross yield
4.6%
97370
Philomath, OR
Typical home
$521,150
Gross yield
4.1%
97324
Alsea CDP, OR
Typical home
$460,217
Gross yield
—

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#Jump to section

U.S. ZIP Code · OR97330

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