Cheap Apartments for Rent in Eugene, OR from $400 (182 Rentals)

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

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.

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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.

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Aspire Eugene
Rent Specials
$1,291 - $1,604
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $1,604
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aspire Eugene

2555 Willakenzie RdEugene, OR 97401
Transit Friendly
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property at 1255 E 30th Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

1255 E 30th Ave, Unit Studio Suite

1255 E 30th Ave
EugeneOR97405

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.

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Riverwalk
Rent Specials
$1,377 - $4,711
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $4,711
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Riverwalk

470 Alexander LoopEugene, OR 97401
Corporate Housing
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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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The McKenzie
$1,430 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,430 - $2,400
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The McKenzie

2847 Tennyson AveEugene, OR 97408
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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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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: 07/26/2026

Current apartment rentals in the Eugene, OR area range in price from $463 to $3,800 with an overall median price of $2,082. The three Eugene neighborhoods with the lowest median rent pricing are West University at $527, Amazon at $463, and Laurel Hill Valley at $463. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Eugene Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West University$1,490$52779
Amazon$1,512$463162
Laurel Hill Valley$1,512$463156
Laurel Hill$1,525$463165
Friendly$1,530$527139
Fairmont$1,549$463178
University$1,549$463144
University of Oregon Campus$1,549$463144
Harlow$1,550$55096
East Campus$1,556$46368

Cheapest Available Eugene Apartments for Rent

 

The cheapest available apartment rental in Eugene, OR is a 4 Beds unit found at Ducks Village in the Laurel Hill Valley neighborhood priced from $595. Harris House in the Laurel Hill Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Eugene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ducks Village4 Bedroom W/D4BR,2BA$595
Harris House1 Beds, 1 Baths1BR,1BA$595
Duck Landing4x2 Standard Individual Room Rate4BR,2BA$699
The SotoE4x24BR,2BA$699
University Manor1BR/1.0BA1BR,1BA$770
The Rive Eugene4x44BR,4BA$869
Redwood ParkStudioStudio,1BA$955
arns011BR/1.0BA1BR,1BA$995
gollc12BR/1.0BA2BR,1BA$1,095
Jade West Apartments1x11BR,1BA$1,150

Best Value Apartments for Rent in Eugene, OR

As of July 26, 2026 the best value apartment in the Eugene area is the $0.77 price per square foot 3X3 Model at The Flats at Chase in the in the Laurel Hill Valley neighborhood starting from $919. The second greatest value Eugene apartment is the 4x4 Model at The Rive Eugene starting at $869 with a $0.73 price per square foot in the Laurel Hill Valley 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.
The Flats at Chase3X33BR,3BA$0.77
The Rive Eugene4x44BR,4BA$0.73
Meadows DuplexesTwo Bedroom2BR,1BA$1.49
The Hayward Student LivingB3 Townhome2BR,2.5BA$0.93
gollc12BR/1.0BA2BR,1BA$1.10
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
The Arcade3x1A by the bedroom3BR,1BA$0.86
Jade West Apartments1x11BR,1BA$1.35
Ducks Village2 Bedroom2BR,1BA$0.98
The Standard at EugeneBuckeye - 2x22BR,2BA$1.05

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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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.

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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 #10

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 $1,150.

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 $2,082.

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 1,186 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 $984 which is $1,098 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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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.