Cheap Homes for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $1,095 (10 Rentals)

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

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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 1 Bed unit found at University Manor priced from $715. Duck Flats has the second lowest priced unit, which is a 5 Beds apartment currently listed from $819. Here are the most affordable Downtown Eugene apartments for rent in Eugene, OR:

Apartment ListingModel NameBed/BathPriced From
University Manor1BR/1.0BA1BR,1BA$715
Duck Flats5x3 By-the-bedroom5BR,3BA$819
turner080BR/1.0BAStudio,1BA$1,000

Best Value Apartments for Rent in Downtown Eugene, OR

As of September 12, 2026 the best value apartment in the Downtown Eugene area is the $0.36 price per square foot 5BR/3.0BA Model at Hilyard Townhomes in the in the Laurel Hill Valley neighborhood starting from $750. The second greatest value Downtown Eugene apartment is the 2BR/1.0BA Model at DwyW02 starting at $1,050 with a $0.71 price per square foot in the Fairmont 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.
Hilyard Townhomes5BR/3.0BA5BR,3BA$0.36
DwyW022BR/1.0BA2BR,1BA$0.71
The Arcade2x22BR,2BA$1.71
812 E 12th Ave812 E 12th Ave2BR,1BA$1.82
771w73BR/1.0BA3BR,1BA$1.25
Clairmont-Kincaid Apartments2BR/1.0BA2BR,1BA$1.61
1747 Hilyard Alley3BR/1.0BA3BR,1BA$1.81
1948 Harris St, Unit #51948 Harris St2BR,1BA$1.63
Flock132 Bedroom A2BR,2BA$1.22
University Manor1BR/1.0BA1BR,1BA$1.52

Frequently Asked Questions about Downtown Eugene

What type of rentals are currently available in Downtown Eugene?

There are currently 497 Apartments for Rent in Downtown Eugene, OR with pricing that ranges from $689 to $3,800. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Eugene ranging from $1,095 to $3,995.

What is the current price range for Rental Homes in Downtown Eugene?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Eugene ranges from $1,095 to $3,995 with an average monthly rent of $2,016.

How much are larger Three and Four Bedroom Rentals in Downtown Eugene?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Eugene range from $743 to $3,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $689.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.