Cheap Apartments for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $500 (30 Rentals)

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

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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Campus Studios
Studio Apartments

Campus Studios

735 E 14th AveEugene, OR 97401
Student Housing
  • Utilities Included

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.

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Harris House
Studio to 3 Bedroom Apartments

Harris House

1825-1827 Harris StEugene, OR 97403
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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
  • Utilities Included
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Park Place Apartments
Studio to 2 Bedroom Apartments

Park Place Apartments

877 E Park StEugene, OR 97401
  • Utilities Included
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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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Valley Ridge
1 Bedroom Apartments

Valley Ridge

1017-1023 W 8th AveEugene, OR 97402
  • 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.

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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
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Hide-A-Way Apartments
3 Bedroom Apartments

Hide-A-Way Apartments

710 15th AlyEugene, OR 97401
Student Housing
  • Utilities Included
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The Lewis & Clark
1 to 2 Bedroom Apartments

The Lewis & Clark

1414-1424 E 18th AveEugene, OR 97403
  • Utilities Included

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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Ferry Street Manor
Studio to 1 Bedroom Apartments

Ferry Street Manor

1030 Ferry StEugene, OR 97401
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Stoneridge Apartments
1 to 2 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 $675. Duck Landing 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$675
Duck Landing4x2 Standard - By the Bed/Individual Room Rate4BR,2BA$699
The SotoW4x24BR,2BA$930
Ferry Street FlatsStudio - CStudio,1BA$930
Campus Apartments1 Bed, 1 bath1BR,1BA$1,250
Patterson House1BR/1.0BA1BR,1BA$1,250
Capri Eugene - Student LivingCanterbury Court StudioStudio,1BA$1,280
Ferry Street ManorStudio (small)Studio,1BA$1,299
Patterson Tower1x1 D1BR,1BA$1,359

Best Value Apartments for Rent in Downtown Eugene, OR

As of December 05, 2025 the best value apartment in the Downtown Eugene area is the $1.97 price per square foot 5x3 Model at Duck Flats in the in the Laurel Hill Valley neighborhood starting from $4,099. The second greatest value Downtown Eugene apartment is the 4BR/2BA Flat Model at The Anthony starting at $3,450 with a $1.66 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.
Duck Flats5x35BR,3BA$1.97
The Anthony4BR/2BA Flat4BR,2BA$1.66
The Ponderosa4x24BR,2BA$1.77
The Hawthorne2x1.52BR,1.5BA$1.57
Rockwood2br/2ba2BR,2BA$1.38
The Hayward Student LivingC13BR,3BA$0.70
210 E 3rd Ave, Unit D fully furnished210 E 3rd Ave2BR,1BA$1.71
Patterson Tower1x1 E1BR,1BA$1.88
Jade West Apartments2x1.52BR,2BA$1.88
Campus Apartments1 Bed, 1 bath1BR,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.

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The 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.

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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!

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 $1,359.

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 $1,904.

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 95 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 $1,178 which is $726 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.