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ZIP Code · OR

ZIP 97401

Part of Eugene, OR
Pop. 49,437·Lane County·76th most expensive ZIP in Oregon
Median rent (all units)
$1,690/mo
Year-over-Year
-12.5%
Month-over-Month
-2.6%
vs US Median
-$275
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 97401 · $1,690
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,390
2 BR
$1,820
3 BR
$2,530
4 BR+
$3,050
Research median
$1,820/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
$20,280/yr
At $1,690/mo median
Location
CityEugene
StateOR
CountyLane County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 12.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-12.5% YoY, -2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 97401 (Eugene, OR) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 48.2% of residents hold a bachelor's degree or higher.

Population
49,437
Median income
$52,022
Median age
29.5
Renters
70.9%
Age distribution
46.8%
17.2%
17.3%
Under 1811.2%
18–3446.8%
35–5417.2%
55–647.4%
65+17.3%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
76.3%
White76.3%
Black1.6%
Hispanic9.9%
Asian5.9%
Other6.3%
Education (25+)
15.7%
31.9%
48.2%
No HS diploma4.2%
HS diploma15.7%
Some college31.9%
Bachelor's+48.2%
Housing tenure
29.1%
70.9%
Owner29.1%
Renter70.9%

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

2021 vs 2026

How ZIP 97401 in Eugene, OR has changed in 5 years

Rent
$1,350 → $1,690
up 25.2%
Income
$43,764 → $52,022
up 18.9%
Population
47,867 → 49,437
up 3.3%
Renter share
69.4% → 70.9%
+1.5 pts
Bachelor's+
46.9% → 48.2%
+1.3 pts

The median rent in ZIP 97401 in Eugene, OR stood at $1,350 in 2021 and currently runs about $1,690, reflecting a 25.2% increase over the period. Household income in the area moved from $43,764 to $52,022 across the same window, up 18.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.3% since 2021, moving from about 47,867 residents to roughly 49,437. Renters now make up 70.9% of households, compared with 69.4% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 97401 in Eugene, OR look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 97401

About renting in ZIP 97401

Last updated: July 20, 2026

ZIP code 97401 covers Eugene, OR. The median rent here is $1,690/mo as of July 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,820/mo.

At 39% of local median household income ($52,022/yr), ZIP 97401 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 12.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97401?

As of July 20, 2026, the median monthly rent in ZIP 97401 (Eugene, OR) is $1,690. This is based on aggregated data from public sources and community submissions.

How does ZIP 97401 rent compare to the US average?

ZIP 97401's median rent of $1,690/mo is $275 (14%) below the US national median of $1,965/mo.

How does ZIP 97401 compare to other ZIPs in Oregon?

ZIP 97401 falls in the middle range for Oregon, ranking #76 out of 116 ZIPs at $1,690/mo.

How much income do you need to rent in ZIP 97401?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,690/mo in ZIP 97401. The local median household income is $52,022/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 97401?

Rent in ZIP 97401 has decreased 12.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97401 an affordable place to rent?

ZIP 97401 is considered moderate for renters. At $1,690/mo, rent takes approximately 39% of the local median household income ($52,022/yr). The standard benchmark is 30%. ZIP 97401 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 97401 residents rent vs. own?

According to Census data, approximately 70.9% of ZIP 97401 households are renters, while 29.1% are owner-occupied. With a majority renter population, ZIP 97401 has a strong rental market.

How does ZIP 97401 compare to the rest of Eugene?

ZIP 97401 is more affordable than Eugene overall. At $1,690/mo, it's $152 below the Eugene citywide median of $1,842/mo.

When was rent data for ZIP 97401 last updated?

Rent data for ZIP 97401 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $1,690/mo, rent takes ~39% of ZIP 97401's median household income ($52,022/yr). The standard benchmark is 30%.

ZIP 97401 39%Benchmark 30%
State income tax4.75–9.9%
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Public schools near ZIP 97401 (Eugene, OR)

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