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City Report · OR

Eugene

Pop. 179,591·19th most expensive in Oregon·Rental market data updated monthly for Eugene, OR
Median rent (all units)
$1,842/mo
Year-over-Year
-4.4%
Month-over-Month
+0.5%
vs US Median
-$123
Stable (Monthly)
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Most AffordableMost Expensive
Eugene · $1,842
More affordable than 51% of US cities · National median $1,965/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Eugene's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,842/mo
Expected by trend
$2,009/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
Research median
$1,587/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,104/yr
At $1,842/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.4% YoY, +0.5% MoM), not inventory.
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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
$1,404 → $1,842
up 31.2%
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 $1,404 a month. That figure now sits near $1,842, up 31.2% 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 $1,842/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: July 20, 2026

The median rent in Eugene is $1,842/mo as of July 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 33% of local median household income ($66,562/yr), Eugene ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.4% over the past year.

FAQ

Frequently asked questions

Is Eugene an affordable city for renters?

Eugene is considered moderate for renters. At $1,842/mo, rent takes approximately 33% of the local median household income ($66,562/yr). The standard benchmark is 30%. Eugene slightly exceeds that threshold, so budgeting carefully matters here.

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 $74,000/year (~$36/hour full-time) to afford the median rent of $1,842/mo in Eugene. The local median household income is $66,562/yr, meaning the typical Eugene household falls short of that threshold.

Is rent going up or down in Eugene?

Rent in Eugene has decreased 4.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Eugene neighborhoods have the lowest rent?

The most affordable ZIP codes in Eugene are 97401 ($1,690/mo), 97404 ($1,729/mo), and 97403 ($1,738/mo). Citywide, the median rent in Eugene is $1,842/mo.

How does Eugene rent compare to other cities in Oregon?

Eugene is one of the pricier cities in Oregon for rent, ranking #19 out of 65 tracked cities at $1,842/mo.

Which nearby cities are cheaper to rent in than Eugene?

Several nearby cities have lower median rents than Eugene ($1,842/mo): Junction City ($1,400/mo), Cottage Grove ($1,445/mo), Sweet Home ($1,598/mo).

What percentage of Eugene residents rent vs. own?

According to Census data, approximately 52.1% of Eugene households are renters, while 47.9% are owner-occupied. With a majority renter population, Eugene has a strong rental market.

How does Eugene rent compare to the national average?

Eugene's median rent of $1,842/mo is $123 (6%) below the US national median of $1,965/mo. Within Oregon, it ranks #19 out of 65 tracked cities.
Income Affordability
33%
MODERATE

At $1,842/mo, rent takes ~33% of Eugene's median household income ($66,562/yr). The standard benchmark is 30%.

Eugene 33%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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