Near UO
Student rentals, high occupancy.
Eugene, OR
Is Eugene a good place to buy rental property in 2026?
Short answer: it depends on your strategy. Eugene is an appreciation-first market — its ~5.5% median cap rate (Oregon state) sits below the ~6.5% national median, so the play is long-term price growth more than day-one cash flow. Typical rent runs $1,688–$2,348/mo; Oregon property tax is about 0.93%.
Eugene is built around the University of Oregon — student and healthcare demand with no sales tax and steady occupancy.
Eugene market snapshot
Appreciation marketCompressed cap rates — the play here is long-term price growth over day-one cash flow.
Typical cap rate
5.5%
Oregon state median
Typical rent
$1,688–$2,348/mo
HUD FMR · 2–3BR · 2026
Typical price
$360,000–$460,000
est., all-in
Property tax
0.93%
Oregon effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
Why Eugene works for rental investors
UO demand underpins occupancy; Oregon is tenant-friendly with rent caps — model regulation. Appreciation-leaning.
See the full Oregon investing guide — taxes, landlord law & top metros →
Neighborhoods to look at in Eugene
Santa Clara
Family renters, low vacancy.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
Run a Eugene deal in 60 seconds
Paste a Eugene address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Oregon tax and HUD rent so you start from the right assumptions.
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