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Figure 31 shows average monthly cost of rental units in Eugene for the <br />2000 to 2012 period. Rental units were separated into two categories: (1) <br />units built prior to 1988 and (2) units built since 1988 based on the Duncan <br />and Brown Apartment Rent Report. <br />Rents increased based on the number of bedrooms. Rents ranged from <br />$396 for a studio unit in 2000 to $1,102 for a three-bedroom unit in 2012. <br />Rents for units with a similar number of bedrooms were higher for newer <br />units. For instance, the average rental cost in 2012 of a two-bedroom unit <br />built prior to 1988 was $785 compared to $914 for a two-bedroom unit <br />built since 1988, a difference of $129 per month. <br />Over the twelve-year period, rents increased by between $113 and $258 <br />per month. Monthly costs increased by the greatest amount for older three <br />bedroom apartments, rising by $258 per month or 37%. <br />Figure 31. Average rental monthly costs by number of bedrooms, <br />nominal dollars, Eugene, 2000 to 2012 <br />$1,200 <br />$1,000 <br />t. $800 <br />c <br />CD <br />W <br />r <br />$600 <br />c <br />0 <br />2 $400 <br />$200 <br />$0 � 1 1 � 1 1 � 1 1 <br />Studio 1 Bdrm 2 Bdrm 3 Bdrm Studio 1 Bdrm 2 Bdrm 3 Bdrm <br />Units Built Prior to 1988 Units Built Since to 1988 <br />02000 02006 02012 <br />Source: Duncan & Brown Apartment Rent Report, 2000 to 2012; Calculations by ECONorthwest <br />Note: Bdrm is bedrooms <br />There were too few Studios built since 1998 in the survey to include in the summary. <br />Part 11 — Eugene Housing Needs Analysis ECONorthwest Page 89 <br />