Cheap New Apartments for Rent in Eugene, OR from $500 (16 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
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The McKenzie
Rent Specials
$1,345 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,495

Total Monthly Price
Varies
Built in 2019Studio to 3 Bedroom Apartments Available Now

The McKenzie

2847 Tennyson AveEugene, OR 97408
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Farmstead
Rent Specials
$1,449 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,675

Total Monthly Price
$1,449 - $2,675
Built in 20231 to 3 Bedroom Apartments Available Now

Farmstead

1367 Umpqua AveEugene, OR 97408
  • 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.

close
View Me
Portal Eugene
Rent Specials
$1,460 - $2,988
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $2,988

Total Monthly Price
$1,460 - $2,988
Built in 2025Studio to 3 Bedroom Apartments Available Now

Portal Eugene

355 E 5th AveEugene, OR 97401
Student Housing
  • Verified
  • Customer Reviewed

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.

close
View Me
1840 Garden
Built in 2024Studio to 1 Bedroom Apartments

1840 Garden

1838 Garden AveEugene, OR 97403
close
View Me
Ferry Street Manor
Built in 2019Studio to 1 Bedroom Apartments

Ferry Street Manor

1030 Ferry StEugene, OR 97401
close
View Me
Crosswood
Built in 2023Studio to 2 Bedroom Apartments

Crosswood

1841 Garden AveEugene, OR 97403
Corporate Housing
  • Utilities Included

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.

close
View Me
Hayden Bridge
Built in 20211 to 3 Bedroom Apartments

Hayden Bridge

1975 5th StSpringfield, OR 97477

Eugene, OR Local Guide

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

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

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

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

Explore Eugene, OR Rentals by Map

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

Frequently Asked Questions about Cheap Eugene Apartments

What is the Cheapest Studio apartment in Eugene?

Currently the most affordable Cheap Studio Apartment in Eugene is at Olympic Villa Apartments listed at $1,195.

How much is rent for a Cheap One Bedroom Eugene Apartment?

The lowest price for a Cheap One Bedroom Eugene Apartment is $840 at University Manor - Newly Renovated Units just a short walk from Campus!.

What is the lowest price for a Cheap Two Bedroom Eugene Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eugene is starting from $739 at Hayden Bridge.

What is the most affordable Eugene Three Bedroom Apartment?

The best deal on a cheap Eugene Three Bedroom Apartment rental is at Valley River Court and starts from $1,650.

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 Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.