Cheapest Cities to Rent in Oregon (2026)
Discover the most affordable cities for renters in Oregon. These 2 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.
$1,620
Cheapest 2BR
$1,771
State Average 2BR
$151
Monthly Savings
$1,812
Yearly Savings
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 | $1,148 | $1,350 | $1,620 | $2,093 | $64,800/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:
#1: Eugene
2BR: $1,620/mo requires $64,800/year
#2: Portland
2BR: $1,922/mo requires $76,880/year
How Oregon's Cheapest Cities Compare
vs State Average
-$151/mo
cheaper than Oregon average
vs National Average
+$220/mo
more expensive than US average
Cost of Living Index
113
Above national average (100)
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