Move-in Special: Free First Month's Rent. Live in the heart of Eugene in this inviting ground-floor two-bedroom, one-bath home offering comfort, convenience, and a great central location just minutes from downtown.
Inside, you'll find durable vinyl plank flooring throughout with no carpet, a bright living area, a functional kitchen, and two comfortable bedrooms featuring impressive wall-to-wall closets for plenty of storage. Step out back to your enclosed private patio-an ideal spot to relax, enjoy your morning coffee, or create your own cozy outdoor retreat.
This home also features covered front and back exterior areas, off-street parking, and convenient on-site laundry.
Even better, water, sewer, trash, and landscaping are all included in the rent, making monthly expenses easier to manage.
A well-behaved pet may be considered with an additional deposit.
With ground-floor living, great storage, updated vinyl plank flooring, a private patio, and a convenient Eugene location, this home checks all the boxes. Take advantage of the move-in special and schedule your showing today.
Applications accepted starting today until rented or three complete applications are received; applicants with limited English proficiency may request 24 extra hours (landlord not required to provide translation/interpretation). Amenities: Range/Oven. Parking: 1 space.
51 days on RentalSource
RentalSource last checked: 19 hours ago · Listing updated: October 25, 2026
This 2-bedroom, 1-bathroom apartment at 851 W 5th Ave #1 in Eugene, OR 97402 rents for $1,250 a month. It has 648 square feet and is pet friendly. 851 W 5th Ave #1 was advertised by Pioneer Management on September 15, 2026.
How the Rent Compares
At $1,250 a month, this apartment is below the typical rent for 2-bedroom apartments and condos in Eugene (about $1,450).
Typical $1,450This home $1,250
$1,200$1,960
From 98 two-bedroom apartments and condos listed in Eugene on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,450Typical rent for 2-bedroom apartments and condos in Eugene
The rent has dropped twice since it was listed on September 15, from $1,350 to $1,250. This home was last listed for rent on RentalSource from October to November 2025, ending at $1,250. Today's rent is the same.
Rent history for this home, newest first
Date
Event
Rent
Change
October 3, 2026
Price change
$1,250−2.0%
−2.0%
September 18, 2026
Price change
$1,275−5.6%
−5.6%
September 15, 2026
Listed for rent
$1,350+8.0%
+8.0%
November 26, 2025
Listing removed
$1,250
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 851 W 5th Ave #1?
Bedrooms
2 bedrooms
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Recommended income
$50,000 /year
With your chosen rent-to-income ratio, an annual income of $50,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,250 per month.