47 Monroe St
EugeneOR97402
Cheap Homes for Rent in Downtown Eugene Neighborhood of Eugene, OR from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Eugene area of Eugene.
158 Jefferson St
EugeneOR97402
1869 Hilyard St
EugeneOR97401
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$1,3251 Bedroom Apartments Available Now
1370 High St, Unit Apt #B
1370 High StEugene, OR 97401
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,4251 Bedroom Apartments Available Now
1370 High St, Unit Apt #A
1370 High StEugene, OR 97401
1645 Mill St
EugeneOR97401
1109-B W 6th Ave
EugeneOR97402
1850 High St, Unit C, Unit C
1850 High St
EugeneOR97401
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.
1940 Emerald Alley, Unit #1, Unit #1
1940 Emerald Alley
EugeneOR97403
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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 | $1,741 | $1,195 | $2,495 |
| Downtown Eugene 3 Bedroom Homes for Rent | $2,173 | $1,825 | $2,595 |
| Downtown Eugene 4 Bedroom Homes for Rent | $3,898 | $3,300 | $4,895 |
| Downtown Eugene 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Downtown Eugene Neighborhood of Eugene, OR.
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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 Harris House priced from $595. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harris House | 1 Beds, 1 Baths | 1BR,1BA | $595 |
| Duck Landing | 4x2 Standard Individual Room Rate | 4BR,2BA | $699 |
| The Soto | W4x2 | 4BR,2BA | $759 |
Best Value Apartments for Rent in Downtown Eugene, OR
As of April 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 3x2A Model at The Sequoia starting at $2,675 with a $2.28 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. |
|---|---|---|---|
| 1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $2.08 |
| The Sequoia | 3x2A | 3BR,2BA | $2.28 |
| MW2 | 3x2B Furnished | 3BR,2BA | $2.35 |
| 1943 Onyx St, Unit 1 | 1943 Onyx St | 2BR,1BA | $1.47 |
| The Hayward Student Living | B1 | 2BR,2BA | $1.20 |
| High Street Terrace | Studio | Studio ,1BA | $2.26 |
| Patterson House | 1 Bedroom near campus with Free Wi-Fi | 1BR,1BA | $2.52 |
| Eugene Manor Apartments | 1 Bedroom (Large) | 1BR,1BA | $2.13 |
| Broadway Place | Hult | Studio ,1BA | $2.59 |
| The Standard at Eugene | Sycamore - studio | Studio ,1BA | $2.55 |
Frequently Asked Questions about Downtown Eugene
What type of rentals are currently available in Downtown Eugene?
There are currently 480 Apartments for Rent in Downtown Eugene, OR with pricing that ranges from $500 to $3,895. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Eugene ranging from $980 to $5,500.
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 $980 to $5,500 with an average monthly rent of $2,627.
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 $1,825 to $2,595. Four Bedroom Single-Family rentals are also available starting from $3,300 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.