Cheapest Cities to Rent in Oregon (2026)
The cheapest rent in Oregon is in Eugene, OR, where a 2-bedroom averages $1,688/mo and a 1-bedroom $1,286/mo (2026 HUD Fair Market Rent) — $117/mo below the Oregon average 2BR of $1,805. The table below ranks all 2 of the cheapest cities to rent in Oregon.
Top 2 Cheapest Cities in Oregon
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Eugene, OR | $1,223 | $1,286 | $1,688 | $2,348 | $67,520/yr |
#2 | Portland, OR | $1,570 | $1,677 | $1,922 | $2,619 | $76,880/yr |
Why These Oregon Cities Are Affordable
Oregon is moderately expensive for renters, with Portland commanding premium prices. However, cities outside the Portland metro offer significantly better value while maintaining access to natural amenities.
- Below-average housing costs: These cities have housing indices lower than the state average of 130
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Oregon's cheapest cities:
How Oregon's Cheapest Cities Compare
What to Consider Before Moving
Best For
- ✓Outdoor enthusiasts
- ✓Tech workers
- ✓Foodies
- ✓Those seeking progressive culture
Considerations
- •Rainy winters
- •Portland has become expensive
- •High state income tax
Cheapest Rent in Oregon: FAQ
Where is the cheapest rent in Oregon?
The cheapest rent in Oregon is in Eugene, OR, where a 2-bedroom averages $1,688/month and a 1-bedroom $1,286/month in 2026 (HUD Fair Market Rent). Next cheapest: Portland ($1,922).
How much can I save renting in Oregon's cheapest cities?
By choosing Oregon's cheapest city over the state average 2BR of $1,805, you could save $117/month or $1,404/year on rent.
Is rent in Oregon's cheapest city below the US average?
No. A 2-bedroom in Eugene costs $1,688/month, which is $115/month above the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).
What income do I need to rent in Oregon's cheapest cities?
To afford the cheapest 2BR in Oregon at $1,688/month, you need approximately $67,520/year based on the 30% of income guideline.