Cheap Apartments for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $500 (27 Rentals)

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

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.

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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Harris House
1 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

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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Duck Lofts
5 Bedroom Apartments

Duck Lofts

1364-1372 Patterson StEugene, OR 97401
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Olive Terrace
1 to 2 Bedroom Apartments

Olive Terrace

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

Westfair Apartments

1185 W 15th AveEugene, OR 97402
Senior Living
  • Utilities Included
  • Smoke Free
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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

877 E Park StEugene, OR 97401
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Rivertowne Apartments
1 to 3 Bedroom Apartments

Rivertowne Apartments

597 Country Club PkyEugene, OR 97401
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Valley Ridge
1 Bedroom Apartments

Valley Ridge

1017-1023 W 8th AveEugene, OR 97402
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Camelot Apartments
1 Bedroom Apartments

Camelot Apartments

800 E 18th AveEugene, OR 97401
  • Utilities Included

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.

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The Lewis & Clark
1 to 2 Bedroom Apartments

The Lewis & Clark

1414-1424 E 18th AveEugene, OR 97403
  • Utilities Included
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Stoneridge Apartments
1 Bedroom Apartments

Stoneridge Apartments

951 E 19th AveEugene, OR 97403
Student Housing
  • Utilities Included

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 $625. The Soto has the second lowest priced unit, which is a 4 Beds apartment currently listed from $975. Here are the most affordable Downtown Eugene apartments for rent in Eugene, OR:

Apartment ListingModel NameBed/BathPriced From
Harris House1 Beds, 1 Baths1BR,1BA$625
The SotoW4x24BR,2BA$975
Union on BroadwayB3 Deluxe2BR,2BA$1,410
Patterson House1 Bedroom - C1BR,1BA$1,495
Patterson Tower1x1 B1BR,1BA$1,499
35 Club Apartments1x1 L-N1BR,1BA$1,523
Broadway PlaceHultStudio,1BA$1,544
The Rive EugeneSx1Studio,1BA$1,559
Gordon LoftsThe PearlStudio,1BA$1,605
Westwood2x12BR,1BA$1,685

Best Value Apartments for Rent in Downtown Eugene, OR

As of June 14, 2025 the best value apartment in the Downtown Eugene area is the $2.06 price per square foot 4X2 Model at The Andy in the in the Laurel Hill Valley neighborhood starting from $3,300. The second greatest value Downtown Eugene apartment is the 3BR/2BA Model at The Anthony starting at $2,700 with a $1.93 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.
The Andy4X24BR,2BA$2.06
The Anthony3BR/2BA3BR,2BA$1.93
The Arcade4BR/2BA4BR,2BA$2.77
The Hayward Student LivingC13BR,3BA$0.77
The Westgate2BR/2BA - B2BR,2BA$2.65
MW22x22BR,2BA$2.86
Patterson Tower1x1 B1BR,1BA$2.34
35 Club Apartments1x1 A1BR,1BA$2.57
Patterson House1 Bedroom Premium1BR,1BA$3.07
Broadway PlaceHultStudio ,1BA$2.88

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!

Getting Around the Downtown Eugene Neighborhood in Eugene, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

100 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

58 / 100

Good Transit

Many nearby public transportation options

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 $1,685.

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

The cheapest apartment in Downtown Eugene is Harris House which is listed at $625, while the average apartment in Downtown Eugene costs $1,695.

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 77 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 $1,042 which is $653 cheaper than the average rent for all rentals in Downtown Eugene.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.