Cheap Homes for Rent in the Downtown Eugene Neighborhood of Eugene, OR from $1,300 (5 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 $595. The Soto 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$595
The SotoE4x24BR,2BA$699
Duck Landing4x2 Standard Individual Room Rate4BR,2BA$699

Best Value Apartments for Rent in Downtown Eugene, OR

As of July 29, 2026 the best value apartment in the Downtown Eugene area is the $2.08 price per square foot 1777 Mill St #3 Model at 1755-1777 Mill St in the in the Laurel Hill Valley neighborhood starting from $2,800. The second greatest value Downtown Eugene apartment is the 4x4 Model at The Rive Eugene starting at $869 with a $0.73 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.
1755-1777 Mill St1777 Mill St #33BR,2BA$2.08
The Rive Eugene4x44BR,4BA$0.73
The Pearl3BR/2.5BA - A3BR,2.5BA$2.22
The Hayward Student LivingB3 Townhome2BR,2.5BA$0.93
The Arcade3x1A by the bedroom3BR,1BA$0.86
Jade West Apartments1x11BR,1BA$1.35
1948 Harris St, Unit 11948 Harris St2BR,1BA$1.75
The Standard at EugeneBuckeye - 2x22BR,2BA$1.05
Hide-A-Way Apartments3BR/1.0BA3BR,1BA$1.85
Eugene Manor Apartments1 Bedroom (Large)1BR,1BA$2.42

Frequently Asked Questions about Downtown Eugene

What type of rentals are currently available in Downtown Eugene?

There are currently 486 Apartments for Rent in Downtown Eugene, OR with pricing that ranges from $527 to $3,800. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Eugene ranging from $1,395 to $4,495.

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 $1,395 to $4,495 with an average monthly rent of $2,198.

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 $727 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $527.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.