City Report · OR

Eugene

Pop. 179,591·29th most expensive in Oregon·Rental market data updated monthly for Eugene, OR
Median rent (all units)
$1,795/mo
Year-over-Year
+2.5%
Month-over-Month
+0.1%
vs US Median
-$137
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Eugene · $1,795
More affordable than 53% of US cities · National median $1,932/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Eugene's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,795/mo
Expected by trend
$1,933/mo
The Rent Reality Score compares today's median rent to where Eugene's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,123
1 BR
$1,210
2 BR
$1,587
3 BR
$2,223
4 BR+
$2,663
Fair Market Rent (HUD)
$1,587/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,795 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Eugene usually run 1% below trend in December and 0.7% above it in June, about $31 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Eugene is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Oregon

Rent in Eugene changed +2.5% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.

Rent vs. income since 2019

From 2019 to 2024, rent in Eugene rose 36.2% while median household income rose 30.6% ($50,962 to $66,562). Rent outpaced income.

Since before the pandemic

Rent in Eugene is 40.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($66,562) is $1,664 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,587); a 3-bedroom is $2,223.

Spread across ZIP codes

The priciest of 6 ZIP codes in Eugene, 97408 ($2,031/mo), costs 24% more than the cheapest, 97401 ($1,638/mo).

Cheaper nearby

Cottage Grove, 22 miles away, rents for 14% less ($1,544/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Eugene. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,540/yr
At $1,795/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Eugene, OR is roughly split between renters and owners, skews toward younger working-age adults, 45.1% of residents hold a bachelor's degree or higher.

Population
179,591
Median income
$66,562
Median age
35.2
Renters
52.1%
Age distribution
15.8%
33.9%
22.4%
17.8%
Under 1815.8%
18–3433.9%
35–5422.4%
55–6410%
65+17.8%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
76.8%
White76.8%
Black1.8%
Hispanic11.7%
Asian4.1%
Other5.6%
Education (25+)
17.5%
32%
45.1%
No HS diploma5.4%
HS diploma17.5%
Some college32%
Bachelor's+45.1%
Housing tenure
47.9%
52.1%
Owner47.9%
Renter52.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Eugene, OR has changed in 5 years

Rent
$1,358 → $1,795
up 32.2%
Income
$55,776 → $66,562
up 19.3%
Population
173,278 → 179,591
up 3.6%
Renter share
51.8% → 52.1%
+0.3 pts
Bachelor's+
43.8% → 45.1%
+1.3 pts

Five years ago, renters in Eugene, OR paid around $1,358 a month. That figure now sits near $1,795, up 32.2% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $55,776 in 2021 to $66,562 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Eugene, OR adding about 6,313 residents over the five-year window, up 3.6% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Eugene, OR market of 2021.

Community

Discussions about Eugene

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View Eugene rent history (2015–2026) →
Salary vs rent

Can you afford rent in Eugene on your salary?

At $1,795/mo, how Eugene rent compares to typical pay (30% rule).

By apartment size

Eugene rent by bedroom count

Median rent for each apartment size in Eugene. Click any size for full breakdown.

Local insights

Tips for renters in Eugene

About renting in Eugene, OR

Last updated: October 17, 2026

The median rent in Eugene is $1,795/mo as of October 2026. A studio apartment averages $1,123/mo while a 2-bedroom runs $1,587/mo. One-bedroom apartments average $1,210/mo and 3-bedroom units go for $2,223/mo.

At 32% of local median household income ($66,562/yr), Eugene ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Eugene?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,795/mo in Eugene. The local median household income is $66,562/yr, so the typical household falls short of that bar.

Is rent going up or down in Eugene?

Rent in Eugene has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Eugene?

Asking rents in Eugene are usually lowest in December, about 1% below their yearly trend, and highest in June, about 0.7% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Eugene?

Yes. From 2019 to 2024, rent in Eugene rose 36.2% while median household income rose 30.6%, from $50,962 to $66,562. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Eugene neighborhoods have the lowest rent?

The most affordable ZIP codes in Eugene are 97401 ($1,638/mo), 97402 ($1,794/mo), and 97403 ($1,861/mo). Citywide, the median rent is $1,795/mo.

How does Eugene rent compare to other cities in Oregon?

Eugene is in the middle among Oregon cities for rent, ranking #29 of 64 tracked cities at $1,795/mo. Over the year to September 2026, rent in Eugene changed +2.5%, against a typical +1.9% across the 54 Oregon cities Zillow tracks.

Which nearby cities are cheaper to rent in than Eugene?

Nearby cities with lower median rent than Eugene ($1,795/mo) include Cottage Grove ($1,544/mo), Sweet Home ($1,582/mo), and Springfield ($1,689/mo).
Income Affordability
32%
MODERATE

At $1,795/mo, rent takes ~32% of Eugene's median household income ($66,562/yr). The standard benchmark is 30%.

Eugene 32%Benchmark 30%
State income tax4.75–9.9%
Run the Eugene affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Eugene, OR

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