Average Rent in Eugene, OR (2026)

Typical asking rent in Eugene is $1,829. Across the 6 ZIP codes with data it runs from $1,619 to $2,201, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$1,829
Average rent
$1,886
Lowest ZIP
$1,619
Highest ZIP
$2,201

Rent by ZIP code in Eugene

ZIP codeCountyTypical rentvs city median
97405Lane County$2,201+20%
97408Lane County$2,076+14%
97404Lane County$1,886+3%
97403Lane County$1,772-3%
97402Lane County$1,764-4%
97401Lane County$1,619-11%

Rent by bedroom count in Eugene

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Lane County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,157-5.4%
1 bedroom$1,182-8.1%
2 bedroom$1,546-8.4%
3 bedroom$2,141-8.8%
4 bedroom$2,584-8.8%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Eugene?

Typical rent across Lane County is $1,766 as of August 2026. That is up 2.7% from a year earlier and up 26.3% over five years.

YearTypical rent, Lane CountyChange
2021$1,460+11.9%
2022$1,595+9.3%
2023$1,614+1.2%
2024$1,677+3.9%
2025$1,747+4.2%
2026 (through August)$1,766+1.1%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Eugene rent questions

What is the average rent in Eugene, OR?
Typical asking rent in Eugene is $1,829 a month as of July 2026, across 6 ZIP codes. By ZIP code it runs from $1,619 to $2,201.
How much is rent for a 2 bedroom in Eugene?
HUD's FY2027 Fair Market Rent for a two bedroom in Lane County is $1,546 a month including utilities. A one bedroom is $1,182 and a three bedroom is $2,141. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Eugene?
Rent is rising. Typical rent in Lane County is $1,766 as of August 2026, up 2.7% from a year earlier.
What is the cheapest ZIP code to rent in Eugene?
ZIP 97401 has the lowest typical asking rent in Eugene at $1,619 a month, compared with $1,829 for the city overall.
How much income do you need to rent in Eugene?
Most landlords look for gross income of about three times the rent. At the typical Eugene rent of $1,829, that is about $5,487 a month, or $65,844 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Eugene sits in the Eugene-Springfield, OR metro area.

Other Oregon cities

Would a rental in Eugene cash flow?

Start the analyzer with the Eugene median rent of $1,829 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.