Sell Your Commercial Property In Eugene, OR

Who rents in Eugene, OR

Renters occupy 52.1% of Eugene's 76,822 occupied homes, per the Census Bureau's 2020-2024 American Community Survey tenure table. That equals 40,028 renter households, or 3,234 more than owner households. Renters hold 40.3% of homes across Lane County and 36.7% statewide.

Students anchor much of that demand. The University of Oregon enrolled 24,448 students in fall 2025, per the Higher Education Coordinating Commission fall 2025 enrollment report. Lane Community College enrolled 8,051 students that same term.

Health care is the second anchor. PeaceHealth Sacred Heart lists 4,892 caregivers on its Sacred Heart fact sheet. Its RiverBend hospital in Springfield has 384 beds and a Level II trauma center.

Education and health services held 32.3 thousand Eugene-Springfield metro jobs in September 2026, a preliminary Bureau of Labor Statistics figure. That is 20.2% of the metro's 160.1 thousand nonfarm jobs.

Eugene rents and HUD fair market rents

Median gross rent in Eugene was $1,402 a month in the ACS 2020-2024 rent table. Lane County's median was $1,355, and Oregon's was $1,525. Eugene rents therefore sit $47 above the county median and $123 below the state median.

Median household income in Eugene was $66,562 in the ACS 2020-2024 income table. Eugene renters paying 30% or more of income on rent total 56.6%, per the ACS rent-burden table. Renters paying half or more of income total 32.1%.

Under HUD's FY2027 fair market rents, the two-bedroom standard for the Eugene-Springfield, OR MSA is $1,546 a month. HUD applies one schedule to all of Lane County, including Springfield.

The FY2027 two-bedroom standard sits $144 above Eugene's all-unit median gross rent. Eugene units leased well under that figure show where the 2027 cap still leaves room.

Eugene's apartment stock and building age

Eugene has 23,154 homes in buildings of five or more units, 28.6% of its 80,856 housing units, per the ACS 2020-2024 units-in-structure table. The matching share is 17.1% in Lane County and 17.8% statewide.

Large complexes hold the biggest single block. Eugene buildings of 50 or more units contain 8,344 homes. Buildings of 5 to 9 units hold 5,930, 10-to-19-unit buildings hold 4,754, and 20-to-49-unit buildings hold 4,126.

Eugene's median housing unit was built in 1980, per the ACS median year built table. Homes built before 1980 make up 50.8% of the stock, per the ACS year-built table. Only 1,077 units date from 2020 or later.

Rental vacancy in Eugene was 3.9% in the ACS 2020-2024 housing profile. Lane County's rate was 3.2%, and Oregon's was 4.2%.

Property taxes in Lane County, with a $2M example

Lane County tax code area 00400 carried a 2025-26 total rate of 19.4838 per $1,000 of assessed value. That figure comes from the Lane County 2025-26 tax code area rates. The prior year's rate was 19.8186. Code area 00400 combines the City of Eugene, Eugene School District 4J and Lane Community College, per Lane County Table 6b.

On $2,000,000 of assessed value, 19.4838 per $1,000 equals $38,967.60 a year. At the prior 19.8186 rate, the same value owed $39,637.20, or $669.60 more.

Assessed value is the lesser of real market value or maximum assessed value under ORS 308.146. Maximum assessed value generally grows 3% a year, so $2,000,000 can rise to $2,060,000. Lane County's 2026-27 tax statement release states that Oregon does not reset property values at the time of sale.

Measure 5 limits general government taxes to $10 and school taxes to $5 per $1,000 of market value, bonds excluded, per that release. Value appeals go to the property value appeals board by December 31 under ORS 309.100. ORS 306.815 bars Oregon cities and counties from taxing real property transfers, apart from taxes operating on March 31, 1997.

Anyone weighing whether to sell commercial property in Eugene, OR should model this tax line first. Bring the latest Lane County statement for every parcel.

Landlord rules in Eugene and Oregon

Oregon caps 2026 rent increases at 9.5% and 2027 increases at 10%, per the Office of Economic Analysis. ORS 90.323 bars increases during a tenancy's first year and allows one per 12 months, with 90 days' written notice. Units with a first certificate of occupancy under 15 years old are exempt from the cap.

Eugene cannot write its own rent control. ORS 91.225 bars any Oregon city or county from enacting an ordinance that controls rent, with narrow affordable-housing exceptions.

Eugene's Rental Housing Code, EC 8.425 caps security deposits at two months' rent and screening charges at $10. It requires relocation assistance equal to two months' rent for no-cause terminations in the first year. A rent increase at the state maximum percentage is also a listed trigger.

Eugene rental housing must be registered with the city, with limited exclusions, and owners pay an annual per-unit fee under EC 8.440. Eugene's Rental Housing Program landlord handbook lists ten habitability standards, including heat able to reach 68 degrees.

State rules apply on top. Under ORS 90.394, a nonpayment notice gives 10 days if served on day eight, or 13 days if served on day five. Under ORS 90.300, landlords must account for withheld deposits within 31 days.

Anyone planning to sell commercial real estate in Eugene, OR should note one deposit rule. ORS 90.300 makes the owner at the end of a tenancy answer for the deposit. Reconcile every deposit before closing.

What it means for owners in Eugene

Eugene's figures shape every offer: 52.1% renters, 3.9% rental vacancy and 50.8% of homes built before 1980. A 10% cap for 2027 limits catch-up on below-market leases, and relocation rules add cost to turnover.

Owners who sell commercial property in Eugene, OR do best with a full rent roll, move-in dates and each tenant's last increase. Run your numbers through our cap rate calculator before you talk price.

Skyline Capital Investments buys 5+ unit apartment buildings in Eugene, Springfield, West Eugene, South Eugene and Santa Clara. If you want to sell your apartment building in Eugene without a public listing, start on our sell my apartment building page.