FIPS 41039 · population 384,207 · part of Eugene, OR
The latest county-level Zillow ZORI is $1,789 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,223 | Lane County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,286 | Lane County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,688 | Lane County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,348 | Lane County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,832 | Lane County, OR | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 41039. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Lane County presents a narrow underwriting tension: published asking rent is rising faster than Zillow’s county value measure, yet the starting gross yield leaves limited room for flood exposure and operating costs. It warrants asset-level investigation for buyers who can verify rent, insurance, and condition; those relying on broad appreciation or immediate net cash flow should be cautious. In 2026-06, Zillow’s median home value was $463,537, up 0.27% year over year. Separately, FHFA’s 2025 repeat-transaction HPI rose 1.23%; it is an index rather than a home value and should not be averaged with Zillow’s differently dated measure.
Median market asking rent was $1,789 per month, up 3.22% year over year, and the published gross yield was 4.63% before costs. HUD’s two-bedroom FMR is a payment standard, not an estimate of asking rent or a substitute for the measured market-rent figure. The effective property-tax rate was 0.82%, a meaningful carrying cost against the pre-cost yield. Insurance and flood premiums, vacancy, maintenance, financing terms, property condition, and parcel-specific assessments are not published here; without them, net yield and cash flow cannot be determined.
Demand and buyer competition are mixed rather than conclusive. QCEW annual-average covered employment at county workplaces declined 0.39%; this is not resident employment or an unemployment measure. Education and health services is the largest disclosed private supersector. Tax-return household migration netted four households, while arriving movers reported average AGI $2,391 above departing movers. On Realtor.com’s MLS listing market, 26.02% of listings had price reductions, evidence of seller concessions rather than closed-sale pricing or buyer demand by itself. Investors accounted for 6.09% of 3,381 purchases, indicating participation but not identifying the buyers setting prices.
Inland flood is the dominant hazard, and modeled climate loss equals 0.22% of building value per year; it is a modeled expected-loss ratio, not an insurance quote or event forecast. Combined with the modest pre-cost yield, this makes property-level flood maps, prior claims, elevation, drainage, and binding insurance quotes central next checks. Underwriters should also obtain recent closed-sale comps, unit-specific lease comps, vacancy history, and inspection findings. County aggregates cannot establish neighborhood liquidity, rent collectability, or a specific property’s hazard cost.
This view uses 9 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
The selected direct-evidence set frames a wide current-listing budget question rather than a single county rent. Across the ZIP/ZCTA matches, Zillow’s typical observed asking-rent index ranges from $1,445 in 97424 to $2,217 in 97405, a $772 spread; its median is $1,738, slightly below the county Zillow figure of $1,789. Among records with a year-over-year value, the change spans 1.0% to 4.9%, versus 3.2% countywide. The practical question is not which figure is “the” rent, but whether a search can remain inside a budget while preserving an adequate choice set at the relevant bedroom count, lease terms, and move date.
Keep the source series distinct. Zillow’s index is a current typical observed asking-rent measure; the county’s ACS five-year median gross rent is $1,355, and the selected ZCTAs’ ACS medians range from $1,111 to $1,799. Those survey values describe reported gross rents over the survey period, not current listings. HUD’s $1,688 two-bedroom Fair Market Rent is instead an administrative standard. The reported Zillow-to-HUD ratios span 85.6% to 131.3% across the selected matches. This is useful for orienting a two-bedroom standard against the index, but it neither turns ZORI into a bedroom-specific asking rent nor establishes HUD eligibility.
Affordability pressure and vacancy require a separate ACS reading. The share of renters paying at least 30% of income for rent ranges from 37.7% to 59.2%, while the housing-vacancy rate ranges from 2.7% to 8.0%. At the low-vacancy end, 97477 pairs that rate with a 49.4% burden share; 97403, at the high-vacancy end, has a 56.8% burden share. These endpoints do not support a simple availability-or-affordability ranking: a vacancy estimate is not a count of active rentals, and burden is not a quote for a newly marketed unit. As a listing-budget screen only, the ZORI-based annual income at that rent share runs from $57,800 to $88,680; actual qualification depends on the property’s rules and household circumstances.
Coverage and geography limit how far these ZIP-level comparisons travel. The selection covers 57,467 renter households but is explicitly not an exhaustive county inventory. ZIPs are assigned to Lane County by the largest HUD residential-address share; that share is as low as 98.4% for 97424, and ZIP boundaries may cross county lines. Moreover, Census ZCTAs are statistical areas rather than USPS delivery ZIPs. Use the figures to screen locations, then verify the specific advertised rent, bedroom count, utilities, lease length, concessions, deposits and fees, availability date, and occupancy, credit, and income requirements for each property.
All 9 eligible direct-evidence ZIP profiles are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 97401 → | $1,690 | $1,366 | $1,688 | 59.2% | 5.4% | $68k | 100.0% |
| 97402 | $1,805 | $1,357 | $1,688 | 55.4% | 4.6% | $72k | 100.0% |
| 97477 | $1,631 | $1,230 | $1,688 | 49.4% | 2.7% | $65k | 100.0% |
| 97405 | $2,217 | $1,437 | $1,688 | 55.5% | 4.0% | $89k | 100.0% |
| 97478 | $1,811 | $1,370 | $1,688 | 42.3% | 3.6% | $72k | 100.0% |
| 97404 | $1,729 | $1,585 | $1,688 | 48.6% | 4.9% | $69k | 100.0% |
| 97403 | $1,738 | $1,270 | $1,688 | 56.8% | 8.0% | $70k | 100.0% |
| 97408 | $2,077 | $1,799 | $1,688 | 41.8% | 4.4% | $83k | 100.0% |
| 97424 | $1,445 | $1,111 | $1,688 | 37.7% | 7.4% | $58k | 98.4% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 97405 rental reportLane County | Eugene, OR | $2,217 | ▲ 4.3% | 55.5% | 46,933 |
| ZIP 97402 rental reportLane County | Eugene, OR | $1,805 | ▲ 1.0% | 55.4% | 53,823 |
| ZIP 97401 rental reportLane County | Eugene, OR | $1,690 | ▲ 4.8% | 59.2% | 49,437 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.218% of building value expected lost per year
$3,536 median annual bill
8,746 in · 8,742 out
$59,607 arriving · $57,216 leaving
206 of 3,381 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
Median market asking rent was $1,789 per month, up 3.22% year over year. HUD’s $1,688 two-bedroom FMR is a payment standard, not market asking rent.
QCEW reports annual covered jobs at workplaces in the county; the record shows a 0.39% decline. It does not measure resident employment or unemployment.
Investors made 206 of 3,381 purchases, a 6.09% share. This identifies non-occupant participation, not the effect of investors on pricing.