The Ponds on Alexander
435 Alexander Loop,
Eugene, OR 97401
$1,399 - $2,900
Studio - 3 Beds
Rental Market Trends in Eugene, OR
What is the average rent in Eugene, OR?
$1,420/month
Average Rent
669 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of January 2026, the average rent in Eugene, OR is $1,420 per month. For comparison, the national average rent price in the US is currently $1,623/month, which means Eugene rent prices are 13% lower than the national average. When you rent an apartment in Eugene, you can expect to pay about $1,164 per month for a studio, $1,420 for a one-bedroom apartment, and around $1,677 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,073 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 0.7%, which averages out to $11 more per month.
Rent Ranges in Eugene, OR
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
15%
$700 - $1,000/month
33%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Eugene?
Based on current rent prices, Bethel, Candlelight Park and Royal Creek 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, Market District, Downtown Eugene and Jefferson Westside 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 $1,420, you’ll want to make about $4,733 per month or $56,796 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.
Cost of Living
The cost of living in Eugene, OR is 7.5% higher than the national average. Generally, housing in Eugene is 18.5% more expensive than the national average, with rent falling between $1,164 - $2,073. You can expect to pay 4.6% more for groceries, 7.4% less for utilities, and 9.6% more for transportation.
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
-
-
One Bedroom
$1,399/month
-
Two Bedroom
$1,622/month
-
Three Bedroom
$1,991/month
-
Nearby City Rent Trends
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Property Management Companies in Eugene, OR
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Avenue5 Residential
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543
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Horizon Realty Advisors
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PTLA Real Estate Group
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34
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Affinity Property Management
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52
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6,514
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22
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Cardinal Group Management and Advisory, LLC
-
161
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32,146
Units
-
83
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Norris & Stevens, Inc.
-
42
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-
4,188
Units
-
17
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Blanton Turner
-
27
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3,618
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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 November 2025.
* Percentages may not total 100 due to rounding.