Corvallis, MT housing market
The typical Corvallis home is worth about $671,000, up 2.1% in a year, 42% above the Montana typical home.
Home values, sales, trends and how Corvallis compares with the towns next door — updated as new data is published.
Corvallis at a glance
Typical home value, 2016–2026
Show as a table
| January | Corvallis | Montana |
|---|---|---|
| 2017 | $309,000 | $233,000 |
| 2018 | $325,000 | $248,000 |
| 2019 | $348,000 | $262,000 |
| 2020 | $368,000 | $277,000 |
| 2021 | $449,000 | $318,000 |
| 2022 | $608,000 | $406,000 |
| 2023 | $637,000 | $434,000 |
| 2024 | $642,000 | $447,000 |
| 2025 | $673,000 | $464,000 |
| 2026 | $672,000 | $468,000 |
| August 2026 | $671,000 | $472,000 |
8.6 years of income
The typical Corvallis home costs about 8.6 years of the town's median household income, more than across Montana (6.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,650
HUD's Fair Market Rent for a two-bedroom in Corvallis is $1,650 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Corvallis pay a median of $1,363, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $1,290 · 4 bedrooms $2,770
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (59828; Ravalli County, MT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.