Cheap Apartments for Rent in Eugene, OR from $500 (182 Rentals)

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Search the lowest-cost Apartments available for rent right now in Eugene.

property at 777 St Charles St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

3 Bedroom, 1.5 Bath Home for Rent

Available Now

777 St Charles St

EugeneOR97402
property at 1124 Almaden St

$995 - $1,295

1 Bedroom, 1 Bath Condo for Rent

Available Now

1124 Almaden St

EugeneOR97402
property at 212-212A Crest Dr

$1,095 - $2,550

Studio To 4 Bedroom Rentals

Available Now

212-212A Crest Dr

EugeneOR97405

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 729 E 18th Aly

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

Studio, 1 Bath Home for Rent

Available Sep 8

729 E 18th Aly

EugeneOR97401

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Aspire Eugene
Rent Specials
$1,327 - $1,504
Total Monthly Price

Total Monthly Price

Base Rent
$1,327 - $1,504
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aspire Eugene

2555 Willakenzie RdEugene, OR 97401
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Clairmont
Rent Specials
$1,355 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $2,600
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Apr 29

The Clairmont

1690-1785 Adkins StEugene, OR 97401
Senior Living
  • Verified
  • Customer Reviewed
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Eugene, OR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Eugene, OR

Pricing Updated: 04/27/2026

Current apartment rentals in the Eugene, OR area range in price from $500 to $3,895 with an overall median price of $2,242. The three Eugene neighborhoods with the lowest median rent pricing are Harlow at $619, Friendly at $500, and Glenwood Springfield Junction at $619. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Eugene Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Harlow$1,662$619116
Friendly$1,771$500226
Glenwood Springfield Junction$1,774$61975
Downtown Eugene$1,809$500211
Fairmont$1,859$500271
Amazon$1,899$500246
East Campus$1,899$59577
Laurel Hill$1,899$500216
Laurel Hill Valley$1,899$500209
University$1,899$500212

Cheapest Available Eugene Apartments for Rent

 

The cheapest available apartment rental in Eugene, OR is a 1 Bed unit found at Harris House in the Laurel Hill Valley neighborhood priced from $595. Ducks Village in the Laurel Hill Valley neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $619. Here is today’s list of the most affordable Eugene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harris House1 Beds, 1 Baths1BR,1BA$595
Ducks Village3 Bedroom W/D3BR,2BA$619
Duck Landing4x2 Standard Individual Room Rate4BR,2BA$699
The SotoW4x24BR,2BA$759
Yugo Eugene Skybox3 Bed, 2 Bath Classic3BR,2BA$879
Willamette GardensA11BR,1BA$946
Redwood ParkOne Bedroom1BR,1BA$946
arns011BR/1.0BA1BR,1BA$995
The Rive Eugene5x55BR,5BA$1,049
Eugene Manor Apartments1 Bedroom (Large)1BR,1BA$1,166

Best Value Apartments for Rent in Eugene, OR

As of April 27, 2026 the best value apartment in the Eugene area is the $1.25 price per square foot 4x1.5 Model at Oak Creek Townhomes in the in the Laurel Hill Valley neighborhood starting from $1,995. The second greatest value Eugene apartment is the 3 Bedroom Garden Model at Heron Club starting at $1,750 with a $1.44 price per square foot in the Cal Young neighborhood. Here is today’s list of the best values for Eugene apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Creek Townhomes4x1.54BR,1.5BA$1.25
Heron Club3 Bedroom Garden3BR,2BA$1.44
Patterson Tower2x1.5 A2BR,1.5BA$1.52
ChaletTwo Bed One Bath2BR,1BA$1.48
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
PARKGROVE APARTMENTS2x12BR,1BA$1.41
1943 Onyx St, Unit 11943 Onyx St2BR,1BA$1.47
Yugo Eugene Skybox3 Bed, 2 Bath Classic3BR,2BA$1.04
The Hayward Student LivingB12BR,2BA$1.20
Willamette GardensA11BR,1BA$1.51

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Eugene Overview

Snugly located in the heart of the Pacific Northwest, Eugene apartments are among some of the most desired in the great state of Oregon. From the towering natural forests that surround the city to the scenic coastline located a mere fifty miles away, Eugene effortlessly combines the best of modern city life with the gentle reflection of a more country-oriented atmosphere.

Why live in Eugene, OR?

With natural beauty to spare, Eugene offers a wonderful mix of city and country life. Quaint independent shops intermingle with larger national brand stores, and the ever-increasing number of area eateries makes Eugene a food lover's ideal. Students flock to the Eugene area, with a number of area universities available, and the live music scene is always on the upswing in this hipster haven.

Pet Friendly Lifestyle
Eugene, OR

Ranked #9

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Eugene, OR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Eugene, OR Rentals by Map

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See the most popular apartments and homes in Eugene, OR

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Frequently Asked Questions about Cheap Eugene Apartments

What is a cheap apartment in Eugene?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eugene is under $1,166.

What is the price of a cheap apartment in Eugene?

The cheapest apartment in Eugene is Harris House which is listed at $595, while the average apartment in Eugene costs $2,242.

What types of apartments are the cheapest in Eugene?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,971 regular apartments in Eugene that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Eugene?

Cheap apartments in Eugene have an average cost of $1,171 which is $1,071 cheaper than the average rent for all rentals in Eugene.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.