Portal Eugene
355 E 5th Ave,
Eugene, OR 97401
$2,167 - $3,208 Total Monthly Price
Studio - 3 Beds
Downtown Eugene
Eugene, OR
Downtown Eugene - Eugene, OR Area Guide
Welcome to the Silicon Shire
Walkable
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UO
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University
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Downtown
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Urban
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Artistic
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High-Tech
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Bike-Friendly
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Fun, vibrant, trendy -- Downtown Eugene is all of that, plus it's a college town. The University of Oregon sits along the Willamette River in Downtown, adding a youthful vibe to the many shops, restaurants, and pubs that line the downtown streets. Downtown Eugene is very walkable, with wide sidewalks along tree-lined streets. It is the location of the Lane County Farmers Market, the Saturday Market, the Hult Center for the Performing Arts, and the historic WOW Hall Community Center of the Performing Arts.
In addition to the University of Oregon, Downtown Eugene is home to a large number of tech companies -- so much so that the neighborhood holds an annual "Tech Tour" to highlight the companies. Downtown Eugene is a terrific place to live. It is ranked one of the Top 10 Green Cities in the US, its schools are ranked among the highest in the nation, the Willamette River Trail is considered one of the best urban bike paths in the country, and it has one of the nation's best downtowns for a mid-sized city.
Rent Trends
As of March 2026, the average apartment rent in Downtown Eugene is $1,382 for a studio, $1,699 for one bedroom, $2,683 for two bedrooms, and $3,307 for three bedrooms. Apartment rent in Downtown Eugene has increased by 0.4% in the past year.
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Studio
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498 sq ft
Average Sq Ft
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$1,382/month
Average Rent
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1 BR
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739 sq ft
Average Sq Ft
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$1,699/month
Average Rent
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2 BR
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1,072 sq ft
Average Sq Ft
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$2,683/month
Average Rent
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3 BR
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1,266 sq ft
Average Sq Ft
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$3,307/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Eugene - Eugene, OR is for everyday living.
Walker's Paradise
96
/ 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
58
/ 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
100
/ 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Shelton McMurphey Johnson House
- Eugene Parks Department
- Many Rivers Sierra Club Group
- Alton Baker Park
- Skinner Butte Park
Commuter Rail
Airports
- Mahlon Sweet Field
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.