Cornelius, Oregon Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cornelius, Oregon rental market.
Cornelius, Oregon
Average Apartment Rent
$1,441
Y-o-Y Change in Average
Apartment Rent
3.3%
As of March 2026
Compared to a year ago, Cornelius, Oregon apartments have recorded a 3.3% rent increase.
Cornelius, Oregon Average apartment rent trend
Cornelius, Oregon Average Apartment Rent
Cornelius, Oregon Apartment rent ranges
At 91.2%, apartments priced $1,000 - $1,500 represent the bulk of Cornelius, Oregon rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 8.8%.
Cornelius, Oregon Housing tenure**
Renters take up 26% of Cornelius, Oregon real estate, occupying a total of 1,140 units, while homeowners live in 3,242 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$53,274
Average household size of renter-occupied housing units**
3.08
Cornelius, Oregon Renter-occupied housing units by no. of bedrooms**
There are 558 rentals in Cornelius, Oregon with 2 beds making up the highest share of the market, at 49%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 71 units. Overall, the median number of rooms in Cornelius, Oregon homes for rent is 4.7.
Cornelius, Oregon Renter-occupied units by age of householder**
Most condos for rent in Cornelius, Oregon are occupied by residents in the 45 - 54 years age group (32%), followed by those in the 35 - 44 years age group (27%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 1%.
Cornelius, Oregon Renter-occupied housing units by family type**
Cornelius, Oregon Renter-occupied housing units by the presence of own children**
A total of 978 apartments for rent in Cornelius, Oregon, or 86% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 497 units. All in all, the median size of a renter-occupied household in Cornelius, Oregon is 3.08.
Cornelius, Oregon Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 4% of the rental market. In contrast, residents with less than a high school degree reside in 41% of the homes for rent in Cornelius, Oregon.
Cornelius, Oregon Renter-occupied units by year structure built**
The highest share of Cornelius, Oregon apartment rentals, namely 31% or 359 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (18%, 202 units), and the ones Built 1980 - 1989 (17%, 189 units).
Cornelius, Oregon Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Cornelius, Oregon renters (41%) moved in 2010 to 2017, while only 4% of them moved in 2021 or later. Overall, the median year renters have occupied their Cornelius, Oregon condos for rent is 2016.
Cornelius, Oregon Renter-occupied housing units by vehicles available**
When it comes to transportation options, 40% of Cornelius, Oregon renters have 2 vehicles available per household, 36% of them have 1 vehicle available, and 20% have 3 or more vehicles available.
Cornelius, Oregon Means of transportation to work of householders living in renter-occupied housing units**
Cornelius, Oregon Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cornelius, Oregon apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
