The Ponds on Alexander
435 Alexander Loop,
Eugene, OR 97401
Studio - 3 Beds | $1,495 - 2,900
Rental Market Trends in Eugene, OR
What is the average rent in Eugene, OR?
$1,403/month
Average Rent
677 Sq Ft
Average Apartment Size
+2.4%
Increase in the Last Year
As of December 2024, the average rent in Eugene, OR is $1,403 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Eugene rent prices are 10% lower than the national average. When you rent an apartment in Eugene, you can expect to pay about $1,193 per month for a studio, $1,403 for a one-bedroom apartment, and around $1,619 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,941 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Eugene, OR?
In the past year, rent has increased by 2.4%, which averages out to $35 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Eugene, OR
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
18%
$700 - $1,000/month
32%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Eugene?
Based on current rent prices, Far West, Crest Drive and Friendly are the most affordable neighborhoods in Eugene.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Eugene?
Based on current rent prices, Jefferson Westside, Downtown Eugene and Santa Clara are the most expensive neighborhoods in Eugene.
Neighborhood
Average Rent
Average Sq Ft
Which Eugene neighborhoods have the most rentals available?
The neighborhoods in Eugene with the most apartments available are Cal Young, Downtown Eugene and Harlow .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Eugene, OR?
Because the average rent in Eugene is $1,403, you’ll want to make about $4,676 per month or $56,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Eugene, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Eugene, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$763/month
$788/month
One Bedroom
$913/month
$1,009/month
Two Bedroom
$1,002/month
$1,163/month
Three Bedroom
$1,272/month
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Nearby City Rent Trends
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Property Management Companies in Eugene, OR
Avenue5 Residential
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519
Communities
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115,692
Units
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197
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10 Communities in Eugene
Greystar
-
3,181
Communities
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879,996
Units
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826
Cities
9 Communities in Eugene
Affinity Property Management
-
65
Communities
-
7,974
Units
-
25
Cities
7 Communities in Eugene
Horizon Realty Advisors
-
40
Communities
-
9,457
Units
-
27
Cities
6 Communities in Eugene
Cardinal Group Management and Advisory, LLC
-
166
Communities
-
36,070
Units
-
89
Cities
4 Communities in Eugene
Norris & Stevens, Inc.
-
38
Communities
-
3,792
Units
-
16
Cities
3 Communities in Eugene
Blanton Turner
-
28
Communities
-
4,064
Units
-
15
Cities
3 Communities in Eugene
Campus Advantage
-
34
Communities
-
7,650
Units
-
32
Cities
2 Communities in Eugene
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.