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Overview of EugeneÔs Rental Market <br />53% of Eugene households now rent their homes <br />• <br />compared with 48% in 2000. <br />Median rents have increased for all unit types across <br />• <br />Eugene and vacancy rates remain low. <br />The number of rental units has increased steadily over <br />• <br />the past several years to over 18,000 units. <br />There are over 3,500 subsidized affordable rental <br />• <br />housing units in Eugene with extensive waitlists. <br />Development of affordable rental housing has slowed <br />• <br />due to declining resources and increased competition <br />for existing resources. <br />4 <br /> <br />