Cheap Apartments for Rent in Eugene, OR from $549 (221 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3494-3498 Onyx Pl
$715 - $2,495
1 To 4 Bedroom Rentals
Available Now
Affordability

3494-3498 Onyx Pl

EugeneOR97405
property at 455 W 12th Ave
$795 - $995
Studio To 1 Bedroom Rentals
Available Now
Affordability

455 W 12th Ave

EugeneOR97401
property at 1539 Villard St
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1539 Villard St

EugeneOR97403

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
property at 230 Baxter St
$1,195

Total Monthly Price

Base Rent$1,195
Total Monthly Price$1,195
1 Bedroom, 1 Bath Townhome for Rent
Available Oct 5
Affordability

230 Baxter St, Unit 0.5

230 Baxter St
EugeneOR97402
  • Smoke Free
property at 789 W 11th Ave
$1,195 - $2,395
1 To 3 Bedroom Rentals
Available Sep 15
Affordability

789 W 11th Ave

EugeneOR97402

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Aspire Eugene
Rent Specials
$1,287 - $1,599

Total Monthly Price

Base Rent$1,287 - $1,599
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Aspire Eugene

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

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.

Read Article
close
View Me
The McKenzie
$1,345 - $2,490

Total Monthly Price

Base Rent$1,345 - $2,490
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The McKenzie

2847 Tennyson AveEugene, OR 97408
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
Showing Results 1-50, Page 1 of 5

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: 09/09/2026

Current apartment rentals in the Eugene, OR area range in price from $549 to $5,000 with an overall median price of $1,560. The three Eugene neighborhoods with the lowest median rent pricing are East Campus at $1,329, West University at $1,354, and University at $1,365. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Eugene Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Campus$1,329$67921
West University$1,354$68923
University$1,365$59583
University of Oregon Campus$1,365$59580
Laurel Hill Valley$1,382$59597
Laurel Hill$1,385$549108
Crest Drive$1,387$59531
Friendly$1,392$595102
Amazon$1,395$679119
Downtown Eugene$1,395$68985

Cheapest Available Eugene Apartments for Rent

 

The cheapest available apartment rental in Eugene, OR is a 1 Bed unit found at University Manor in the Laurel Hill Valley neighborhood priced from $715. Hayden Bridge in the Springfield Gateway neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $739. Here is today’s list of the most affordable Eugene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Manor1BR/1.0BA1BR,1BA$715
Hayden BridgeHB2B50PV2BR,1BA$739
Duck Flats5x3 By-the-bedroom5BR,3BA$819
Bascom Village II2x1.52BR,1BA$934
MCCL011BR/1.0BA1BR,1BA$950
MCCL21BR/1.0BA1BR,1BA$995
Mil6-011BR/1.0BA1BR,1BA$995
arns011BR/1.0BA1BR,1BA$995
turner080BR/1.0BAStudio,1BA$1,000
Redwood ParkOne Bedroom1BR,1BA$1,021

Best Value Apartments for Rent in Eugene, OR

As of September 10, 2026 the best value apartment in the Eugene area is the $0.71 price per square foot 2BR/1.0BA Model at DwyW02 in the in the Fairmont neighborhood starting from $1,050. The second greatest value Eugene apartment is the HB3B50PV Model at Hayden Bridge starting at $1,013 with a $0.84 price per square foot in the Springfield Gateway 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.
DwyW022BR/1.0BA2BR,1BA$0.71
Hayden BridgeHB3B50PV3BR,2BA$0.84
ChaletTwo Bed One Bath2BR,1BA$1.53
gollc12BR/1.0BA2BR,1BA$1.10
771w73BR/1.0BA3BR,1BA$1.30
Bascom Village II2x1.52BR,1.5BA$1.00
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
pufi012BR/1.0BA2BR,1BA$1.43
Alderstreet Apartments1BR/1.0BA1BR,1BA$0.99
University Manor1BR/1.0BA1BR,1BA$1.52

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

Decorative image of map

See the most popular apartments and homes in Eugene, OR

View Map
Eugene, OR Apartments Map
View Map
Eugene, OR Rental Homes Map

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 $1,021.

What is the price of a cheap apartment in Eugene?

The cheapest apartment in Eugene is 551e14 which is listed at $650, while the average apartment in Eugene costs $1,560.

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 572 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 $1,198 which is $362 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.