Cheap Apartments for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Eugene area of 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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Patterson Tower
Rent Specials
$1,437 - $1,640
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $1,640
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 3

Patterson Tower

1080 Patterson StEugene, OR 97401
Student Housing
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Harris House
Studio to 3 Bedroom Apartments

Harris House

1825-1827 Harris StEugene, OR 97403
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Campus Studios
Studio Apartments

Campus Studios

735 E 14th AveEugene, OR 97401
Student Housing
  • Utilities Included
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Olive Terrace
Studio to 2 Bedroom Apartments

Olive Terrace

1460 Olive StEugene, OR 97401
  • Utilities Included
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Westfair Apartments
1 to 2 Bedroom Apartments

Westfair Apartments

1185 W 15th AveEugene, OR 97402
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Park Place Apartments
Studio to 2 Bedroom Apartments

Park Place Apartments

877 E Park StEugene, OR 97401
  • Utilities Included

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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Rivertowne Apartments
1 to 3 Bedroom Apartments

Rivertowne Apartments

597 Country Club PkyEugene, OR 97401
  • Utilities Included
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500 Monroe St
1 Bedroom Apartments

500 Monroe St

500 Monroe StEugene, OR 97402
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1161 Mill St
1 Bedroom Apartments

1161 Mill St

1161 Mill StEugene, OR 97401
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Camelot Apartments
1 Bedroom Apartments

Camelot Apartments

800 E 18th AveEugene, OR 97401
  • Utilities Included
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THE WILDER APARTMENTS
Studio to 1 Bedroom Apartments

THE WILDER APARTMENTS

259 E 13th AveEugene, OR 97401
  • Utilities Included

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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Campus Apartments
1 to 3 Bedroom Apartments

Campus Apartments

771 E 14th AveEugene, OR 97401
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541-543 Lawrence St
Studio to 1 Bedroom Apartments

541-543 Lawrence St

541-543 Lawrence StEugene, OR 97401
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Stoneridge Apartments
1 to 2 Bedroom Apartments

Stoneridge Apartments

951 E 19th AveEugene, OR 97403
Student Housing
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Patterson House
Studio to 2 Bedroom Apartments

Patterson House

979 Patterson StEugene, OR 97401
  • Utilities Included
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430 E 15th Ave
3 Bedroom Apartments

430 E 15th Ave

430 E 15th AveEugene, OR 97401
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Downtown Eugene, Eugene, OR Local Guide

Cheapest Available Downtown Eugene Apartments for Rent

 

The cheapest available apartment rental in the Downtown Eugene area of Eugene, OR is a 1 Bed unit found at Harris House priced from $595. The Soto has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable Downtown Eugene apartments for rent in Eugene, OR:

Apartment ListingModel NameBed/BathPriced From
Harris House1 Beds, 1 Baths1BR,1BA$595
The SotoE4x24BR,2BA$699
Duck Landing4x2 Standard Individual Room Rate4BR,2BA$699
University Manor1BR/1.0BA1BR,1BA$770
The Rive Eugene4x44BR,4BA$869
Jade West Apartments1x11BR,1BA$1,150
Ridgewood Apartments1 Beds, 1 Baths1BR,1BA$1,150
11th and Ferry LoftsB2 (Studio)Studio,1BA$1,175
The Lewis & Clark1 Bedroom, 1 Bath1BR,1BA$1,195
Eugene Manor Apartments1 Bedroom (Large)1BR,1BA$1,289

Best Value Apartments for Rent in Downtown Eugene, OR

As of July 23, 2026 the best value apartment in the Downtown Eugene area is the $1.96 price per square foot 3x2 Model at 35 Club Apartments in the in the Fairmont neighborhood starting from $2,690. The second greatest value Downtown Eugene apartment is the 1777 Mill St #3 Model at 1755-1777 Mill St starting at $2,800 with a $2.08 price per square foot in the Laurel Hill Valley neighborhood. Here is today’s list of the best values for Downtown Eugene apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
35 Club Apartments3x23BR,2BA$1.96
1755-1777 Mill St1777 Mill St #33BR,2BA$2.08
The Rive Eugene4x44BR,4BA$0.73
The Pearl3BR/2.5BA - A3BR,2.5BA$2.22
The Hayward Student LivingB3 Townhome2BR,2.5BA$0.93
The Arcade3x1A by the bedroom3BR,1BA$0.86
Jade West Apartments1x11BR,1BA$1.35
1948 Harris St, Unit 11948 Harris St2BR,1BA$1.75
The Standard at EugeneBuckeye - 2x22BR,2BA$1.05
Hide-A-Way Apartments3BR/1.0BA3BR,1BA$1.85

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Downtown Eugene, Eugene, and the greater Eugene area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Eugene Apartments

What is a cheap apartment in Downtown Eugene?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Eugene is under $1,289.

What is the price of a cheap apartment in Downtown Eugene?

The cheapest apartment in Downtown Eugene is Harris House which is listed at $595, while the average apartment in Downtown Eugene costs $1,550.

What types of apartments are the cheapest in Downtown 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 93 regular apartments in Downtown 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 Downtown Eugene?

Cheap apartments in Downtown Eugene have an average cost of $988 which is $562 cheaper than the average rent for all rentals in Downtown 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.

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

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.