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Corvallis CDP, MT

ZIP 59828 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59828

Median Home Value
$428,900
Median Rent
$966
Affordability Snapshot
$118,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,755/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

37.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 59828 in Corvallis CDP, MT, a household would need roughly $118,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,755. That is about 43% above the local median household income ($82,265), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
83.0%+27% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
4.5%-65% vs US avg
x
Built Post-2014
1.8%-73% vs US avg
x
Rent Burden >30%
17.7%-64% vs US avg
x
Mortgage-Free
43.3%+13% vs US avg
x
$428,900
Home Value
$966
Rent
1994
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.7%
  • 1-unit attached0.0%
  • 2-9 units4.0%
  • 10+ units0.5%
  • Mobile home & other7.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$428,900
Median rent$966
Owner-occupied83.0%
Vacant5.2%
Price-to-income5.2x
Est. income to buy$118,000