Apartments in Downtown Eugene

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Downtown Eugene

An Eugene Neighborhood


Eugene’s downtown is concentrated north of 11th Avenue, tucked beneath the Willamette River. With manicured tree-lined streets and rows of pristine storefronts, it’s like a mini-Portland with lighter traffic. It’s also one of the only places outside of Portland where you can grab a Voodoo Donut — that’s right, no half-hour wait in this line. The northern end of Downtown holds a gorgeous landmark: Skinner Butte. The surrounding park, which abuts the river, includes biking and hiking paths to the top, giving you a great view overlooking Eugene. Aside from that nature reprieve — and the adjacent Kiwanis Park and RiverPlay Discovery Village Playground — the rest of Downtown is filled with modern restaurants, hip local shops, galleries, and arts venues, such as WOW Hall and the Hult Center for the Performing Arts. In the middle of it all is Park Blocks, two city blocks holding the Eugene Saturday Market and the Lane County Farmers Market. Apartments in downtown Eugene can be a little trickier to find than in nearby areas, like the West University neighborhood, but the options are there if you start looking early.

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If you're not sure how much an apartment will cost, the table below shows the average price by size.

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September Rent Report

Welcome to the September 2022 Eugene Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2022 key findings and figures for the Eugene rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Eugene and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Eugene average rent prices in the chart below.

Monthly Rent Report

Eugene Rent Prices Decrease From August to September

Eugene rent prices decreased over the last month. From August to September, the city experienced a -0.19% decrease for the price of a one-bedroom apartment. The rent price for a Eugene one-bedroom apartments currently stands at $1,042.0.

When we take a look at the two-bedroom comparison from August to September, Eugene experienced a -3.72% decrease for the price of a two-bedroom apartment. The rent price for a Eugene two-bedroom apartments currently stands at $1,372.0.

September Prices: Eugene vs. Surrounding Areas

Rent Prices in Eugene and Surrounding Areas

Rent prices have decreased in Eugene over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Eugene suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Springfield, OR .

  • Rents did not decrease in any of the Eugene suburbs.

  • 1 suburb is currently priced lower than the city of Eugene.

September 2022 Pricing Trends: Eugene vs. National Comparisons

Eugene Rent Prices More Affordable Than Major Cities

Rent growth in Eugene over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Eugene average rent prices appear to be relatively affordable for local residents.

The price for a Eugene one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's September 2022 National Apartment Report and data set here.

For more information about Eugene and surrounding area rent prices, take a look at the complete data set below.

Data set for Eugene and suburbs

1 BR September 1 BR M/M % Change 2 BR September 2 BR M/M % Change
Eugene, OR $1,044.0 -3.15% $1,425.0 -1.93%
Springfield, OR $894.0 2.41% $1,225.0 0.99%


Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.