
Cheap Homes for Rent in Downtown Eugene Neighborhood of Eugene, OR from $1,000 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Eugene area of Eugene.


614 E 19th Ave

1889 Hilyard St

1545 Lincoln St

462 W 11th Alley

1 Monroe St
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.

157 Monroe St

475 W 12th Alley

1370 High St

1111 W 6th Ave

938 W 3rd Ave

158 Jefferson St
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.

235 E 2nd Ave

650 W 12th Ave

1109 W 6th Ave

190 N Jefferson St

1940 Emerald Alley, Unit #1

1594 Mill St
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 a home in Downtown Eugene?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Eugene 2 Bedroom Homes for Rent | $1,485 | $1,195 | $1,895 |
| Downtown Eugene 3 Bedroom Homes for Rent | $1,815 | $1,495 | $2,100 |
| Downtown Eugene 4 Bedroom Homes for Rent | $3,060 | $2,000 | $3,900 |
| Downtown Eugene 5 Bedroom Homes for Rent | $3,666 | $1,500 | $4,875 |
| Downtown Eugene 6 Bedroom Homes for Rent | $8,250 | $8,250 | $8,250 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Downtown Eugene Neighborhood of Eugene, OR.
Explore Eugene
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. Capri Apartments at Eugene 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harris House | 1 Beds, 1 Baths | 1BR,1BA | $675 |
| Capri Apartments at Eugene | Campus Court 4 Bedroom | 4BR,1BA | $699 |
| Duck Landing | 4x2 Standard Individual Room Rate | 4BR,2BA | $699 |
| The Soto | W4x2 | 4BR,2BA | $899 |
| High Street Terrace | Studio | Studio,1BA | $1,235 |
Best Value Apartments for Rent in Downtown Eugene, OR
As of January 29, 2026 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 4x2 Model at The Ponderosa starting at $2,850 with a $1.77 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Duck Flats | 5x3 | 5BR,3BA | $1.97 |
| The Ponderosa | 4x2 | 4BR,2BA | $1.77 |
| The Andy | 4X3 | 4BR,3BA | $2.16 |
| 1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $2.08 |
| The Hawthorne | 2x1.5 | 2BR,1.5BA | $1.57 |
| The Hayward Student Living | C2 | 3BR,3BA | $0.73 |
| Patterson Tower | 2x1.5 A | 2BR,1.5BA | $1.52 |
| Rockwood | 2br/2ba | 2BR,2BA | $1.38 |
| Campus Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.83 |
| High Street Terrace | Studio | Studio ,1BA | $2.15 |
Frequently Asked Questions about Downtown Eugene
What type of rentals are currently available in Downtown Eugene?
There are currently 477 Apartments for Rent in Downtown Eugene, OR with pricing that ranges from $500 to $7,800. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Eugene ranging from $1,000 to $8,250.
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 $1,000 to $8,250 with an average monthly rent of $2,965.
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 $700 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,100. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $500.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.