Cheap Apartments for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Eugene area of Eugene.

1827 Harris St

The Soto

Ferry Street Flats

1045-1049 Mill St

1668 Ferry St

1615 Ferry Alley

754 W 12th Ave
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.

284 Pearl St

1855 Oak St

Campus Apartments

1014-1020 W 11th Ave

455 E 13th Ave
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.
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.
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.
Downtown Eugene, Eugene, OR Local Guide

How much does it cost to rent an apartment in Downtown Eugene?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Eugene Studio Apartments | $1,469 | $1,085 | $2,450 |
Downtown Eugene 1 Bedroom Apartments | $1,908 | $675 | $3,800 |
Downtown Eugene 2 Bedroom Apartments | $2,254 | $820 | $3,251 |
Downtown Eugene 3 Bedroom Apartments | $1,402 | $750 | $2,395 |
Downtown Eugene 4 Bedroom Apartments | $1,314 | $599 | $3,350 |
Downtown Eugene 5 Bedroom Apartments | $2,036 | $1,129 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Downtown Eugene Neighborhood of Eugene, OR.
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Downtown Eugene, Eugene, OR Local Guide
- Nearby Eugene neighborhoods
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Cheapest Available Downtown Eugene Apartments for Rent
 The cheapest available apartment rental in the Downtown Eugene area of Eugene, OR is a 4 Beds unit found at Duck Landing priced from $599. Harris House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Downtown Eugene apartments for rent in Eugene, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Duck Landing | 4x2 Standard - By the Bed/Individual Room Rate | 4BR,2BA | $599 |
Harris House | 1 Beds, 1 Baths | 1BR,1BA | $675 |
The Soto | W4x2 | 4BR,2BA | $1,020 |
Ferry Street Flats | Studio - C | Studio,1BA | $1,085 |
Eugene Manor Apartments | Studio Type 1 | Studio,1BA | $1,129 |
The Pearl | STUDIO | Studio,1BA | $1,196 |
Campus Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
Patterson House | 1BR/1.0BA | 1BR,1BA | $1,250 |
Ferry Street Manor | Studio (small) | Studio,1BA | $1,325 |
Patterson Tower | 1x1 D | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Downtown Eugene, OR
As of October 20, 2025 the best value apartment in the Downtown Eugene area is the $1.72 price per square foot 5x3 Model at Duck Flats in the in the Laurel Hill Valley neighborhood starting from $3,575. The second greatest value Downtown Eugene apartment is the 4BR/2BA Flat Model at The Anthony starting at $3,400 with a $1.63 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Duck Flats | 5x3 | 5BR,3BA | $1.72 |
The Anthony | 4BR/2BA Flat | 4BR,2BA | $1.63 |
The Ponderosa | 4x2.5 | 4BR,2.5BA | $1.56 |
The Andy | 4X3 | 4BR,3BA | $1.92 |
1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $1.78 |
The Hayward Student Living | C2 | 3BR,3BA | $0.74 |
1128 Washington St, Unit #1 | 1128 Washington St | 1BR,1BA | $1.52 |
Rockwood | 2br/2ba | 2BR,2BA | $1.38 |
Patterson Tower | 1x1 D | 1BR,1BA | $1.61 |
Campus Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.83 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,399.
What is the price of a cheap apartment in Downtown Eugene?
The cheapest apartment in Downtown Eugene is Harris House which is listed at $675, while the average apartment in Downtown Eugene costs $2,668.
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 104 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 $1,079 which is $1,589 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.