Last updated
Average Rent in Eugene 97408 & Rent Trends
Rent prices and market trends across 3 apartment communities in Eugene 97408, Eugene, OR. Updated daily.
Market Average
$2,119/mo
Lowest Available
$1,550/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
37
available now
Eugene 97408 vs Eugene, OR Average
Eugene 97408 is more expensive the Eugene, OR average by $258/mo (14%). The citywide average is $1,861/mo across all neighborhoods.
Is Rent Going Up or Down in Eugene 97408?
As of June 2026, the average rent in Eugene 97408 is $2,119 per month across 3 apartment communities and 37 available units.
The most affordable option is The McKenzie at Crescent Village starting at $1,550/mo. By unit type, a studio averages $1,550/mo, a 1-bedroom averages $1,946/mo, a 2-bedroom averages $2,095/mo, a 3-bedroom averages $2,561/mo.
Prices range from $1,550 to $2,619 per month. The most common price point is the $1,800 range, where 13 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Eugene 97408
Rent Prices by Apartment in Eugene 97408
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The McKenzie at Crescent Village | $1,550/mo | $2,058/mo | 7 | 3.6 |
| The Tennyson at Crescent Village Apartments | $1,699/mo | $2,125/mo | 24 | 4 |
| The Byron at Crescent Village | $1,810/mo | $2,168/mo | 6 | 4.4 |
Google Search Trends for Eugene 97408 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Eugene 97408
What is the average rent in Eugene 97408?
Is rent going up or down in Eugene 97408?
What is the cheapest apartment in Eugene 97408?
How much is a 1-bedroom apartment in Eugene 97408?
How many apartments are available in Eugene 97408?
What salary do I need to live comfortably in Eugene 97408?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,119/mo.
Comfortable income
$102,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,550/mo), you need to earn at least $62,000/year.
Median household income in Eugene 97408 is $63,836 , about 37% below the comfortable-living threshold.
Cost of living in Eugene 97408
Overall prices in Eugene 97408 runs above the national average by about 4% (BEA Regional Price Parity index 103.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Eugene 97408's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,119 |
| Utilities | $439 |
| Groceries | $566 |
| Transportation | $1,046 |
| Healthcare | $510 |
| Other goods and services | $816 |
| Estimated total | $5,496/mo |
Population
177,520
Median household income
$63,836
Census median rent
$1,347/mo
Rent as % of income
34.0%
Median age
35.4
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Eugene 97408 Apartments
Browse all 3 communities with daily-updated pricing and availability.