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These days, finding an affordable place to live in the Eugene area can be challenging. Home prices in Eugene are now at a median cost of $480,445, lower than the Oregon average of $502,078.
The average cost of rent is $1,529/mo in Eugene, primarily driven by the current value of real estate in the Eugene area. In Eugene, 47.74% of households rent, and 38.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eugene is $6,444 per month. Households that rent pay about 23.73% of their income on rent here. Eugene’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coburg, OR: equally priced homes
- Springfield, OR: less expensive homes
- Goshen, OR: higher priced homes
- Alvadore, OR: equally priced homes
- Riverview, OR: higher priced homes
- Junction City, OR: equally priced homes
- Creswell, OR: equally priced homes
- Veneta, OR: less expensive homes
- Pleasant Hill, OR: higher priced homes
- Elmira, OR: equally priced homes
Cities with Similar Populations
- Elkhart, IN: less expensive homes
- El Monte, CA: higher priced homes
- Elgin, IL: less expensive homes
- Durham, NC: less expensive homes
- Elk Grove, CA: higher priced homes
- East Los Angeles, CA: higher priced homes
- Edmond, OK: less expensive homes
- Eau Claire, WI: less expensive homes
- El Paso, TX: less expensive homes
- Ellicott City, MD: higher priced homes
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