Rent Budget Capped at $1,500 a Month? Here’s How Much Apartment Space You Can Get in Oregon

Apartment hunters are actively seeking the best bang for their buck, especially with the continued popularity of the work-from-home lifestyle. As a result, renters are increasingly focused on securing more living space within their financial limits.

Let’s say your monthly rent budget is capped at $1,500. That amount typically unlocks about 729 square feet of apartment space nationwide. However, this figure fluctuates dramatically depending on where you plant your roots.

Take Oregon, for example. The Beaver State offers a diverse mix of apartments for rent, from bustling urban centers to quieter suburban enclaves, each with its own space-to-dollar ratio. Here, too, renters are getting creative, stretching their budgets to maximize every square inch of living space.

So, for those eyeing apartments in Oregon, understanding where your rental budget can secure the most elbow room is crucial. Let’s explore the top three cities in this state where renters can secure the most apartment space within a monthly rent budget of $1,500: Salem, Eugene, and Portland.

Salem: Oregon’s hidden gem for ample apartment space

When it comes to maximizing apartment space in Oregon, Salem takes the crown. In the state capital, renters can secure an impressive 911 square feet for $1,500 a month — that’s the most elbow room you’ll find anywhere in Oregon within this budget.

This makes apartments in Salem an attractive option for those who prioritize roominess in their rental search. Plus, the city’s affordable housing market allows renters to enjoy significantly more square footage compared to other urban areas in the state.

Salem is particularly appealing to families, state employees, and those who appreciate a slower pace of life without sacrificing urban amenities. Popular neighborhoods for renters include West Salem, known for its scenic views and family-friendly atmosphere, and South Salem, which offers a mix of suburban charm and urban conveniences. The downtown area is also gaining traction among young professionals seeking a more vibrant urban experience.

Eugene: Great mix of apartment space and college town vibes

For those who prefer a more eclectic atmosphere, Eugene offers 733 square feet of apartment space for $1,500 a month. While this is on par with the national average, Eugene still provides a good balance between living space and the vibrant culture the city is known for. This city is home to the University of Oregon, so it’s a popular spot for students, young professionals, and those who enjoy a lively, youthful environment.

When looking for apartments in Eugene, the top neighborhoods to consider include Friendly, South University, and Whiteaker. Friendly offers a community-centric vibe with its local shops and parks, while South University is perfect for renters who want to be close to the action around the campus. Whiteaker is known for its artsy, bohemian feel, filled with breweries, art galleries, and a strong sense of community.

Living in Eugene means you’re never far from adventure. The city’s parks and trails, like Skinner Butte and Alton Baker Park, offer plenty of opportunities to enjoy Oregon’s stunning landscapes. Eugene’s cultural scene is also thriving, with frequent music festivals, farmers markets, and art exhibits.

Portland: Compact living in the City of Roses

Portland, Oregon’s largest city, offers 657 square feet for $1,500 a month. This is 72 square feet less than the national average — or about the size of a small walk-in closet. However, Portland makes up for the reduced living space with its lively neighborhoods, rich culture, and endless amenities. Known for its quirky charm and eco-friendly mindset, Portland draws renters who value creativity, sustainability, and a fast-paced city lifestyle.

If you’re on the hunt for apartments in Portland, check out neighborhoods like The Pearl, Hawthorne, and Sellwood-Moreland. The Pearl District is perfect for those looking for modern apartment living and proximity to high-end shopping and dining. Hawthorne has a more laidback vibe, known for its vintage shops and eclectic eateries. Meanwhile, Sellwood-Moreland offers a quieter, family-friendly atmosphere while still being close to downtown Portland.

Portland is a hub for young professionals, artists, and those who appreciate the unique, offbeat culture the city is famous for. From Powell’s City of Books to Forest Park’s miles of hiking trails, Portland provides renters with a dynamic lifestyle, even if the apartment space is a bit more limited. The city’s public transportation system is also one of the best in the country, making it easy to get around without a car.

No matter what you’re looking for, whether it’s more apartment space or access to the best amenities, Oregon has something for every renter. If you’re ready to explore your options, now’s the perfect time to start your apartment search and find the living space that suits your needs.