How many apartments are available in 97403 on Rentable.co?

Rentable.co has 33 apartments available for rent in 97403.

What is the average rent for an apartment in 97403?

The average rent for an apartment in 97403 is around $1,920 per month.

What is the average rent for a one-bedroom apartment in 97403?

The average rent for a one-bedroom apartment in 97403 is around $1,045 per month.

What is the average rent for a two-bedroom apartment in 97403?

The average rent for a two-bedroom apartment in 97403 is around $1,395 per month.

Apartments in 97403

Eugene:
November Rent Report

Welcome to the November 2024 Eugene Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Eugene rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Eugene and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Eugene average rent prices in the chart below.

Monthly Rent Report

$1,650

$1,240

$830

$410

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Eugene Rent Prices Increase From October to November

Eugene rent prices increased over the last month. From October to November, the city experienced a 4.44% increase for the price of a one-bedroom apartment. The rent price for a Eugene one-bedroom apartments currently stands at $1,294.0.

When we take a look at the two-bedroom comparison from October to November, Eugene experienced a -0.07% decrease for the price of a two-bedroom apartment. The rent price for a Eugene two-bedroom apartments currently stands at $1,492.0.

November Prices: Eugene vs. Surrounding Areas

Eugene, OR

Cottage Grove, OR

Springfield, OR

$1,239

$1,085

$1,010

$450

$900

$1,350

$1,800

Median 1 BR Rent

Rent Prices in Eugene and Surrounding Areas

Rent prices have increased in Eugene over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Eugene suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Springfield, OR .
Rent decreased in Cottage Grove, OR.
2 suburbs are currently priced lower than the city of Eugene.

November 2024 Pricing Trends: Eugene vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Eugene, OR

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,239

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Eugene Rent Prices More Affordable Than Major Cities

Rent growth in Eugene over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Eugene average rent prices appear to be relatively affordable for local residents.

The price for a Eugene one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Eugene and surrounding area rent prices, take a look at the complete data set below.

Data set for Eugene and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Eugene, OR	$1,239.0	3.08%	$1,493.0	0.27%
Springfield, OR	$1,010.0	1.61%	$1,511.0	1.34%
Cottage Grove, OR	$1,085.0	-0.37%	$1,352.0	1.35%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.