Zip lookup · OR

97402
Eugene, Oregon.

Eugene, Lane County, OR · Eugene-Springfield, OR metro · population 53,823

What it costs per month · 97402 $2,088/mo

to buy the typical home at today's mortgage rate — +$1,064 (+104%) since Jan 2020.

What the home itself did
1 year
Up $2,640 +1%
$395,151$397,791 since Sep 2025
5 years
Up $35,911 +10%
$361,880$397,791 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 97402 $2,088 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 97402$2,088
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 37 years.

Typical home values in zip 97402 rose 0.7% over the past year — slower than the nation's +1.2%.

Asking rents in zip 97402 rose 1.2% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 97402 runs $992/mo more than renting one. The gap peaked at $1,194 in Oct 2023.

That is $2,786 a month against $1,794 rent: a $2,088 mortgage payment, plus $272 property tax and $426 insurance & upkeep.

Owning vs renting — zip 97402

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 $2,500 2018 2020 2022 2024 2026 Owning all in $2,786 Renting $1,794 Mortgage only $2,088
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,786
  • Renting$1,794
  • Mortgage only$2,088

Property tax · $272/mo 0.82% of value a year — the ACS 2020-2024 median bill over the median home value for Lane County, OR

Insurance & upkeep · $426/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Eugene, OR — measured over the city limits, which is a different area from this zip.

Asking rent $1,794 as of Sep 2026
+1.2%year on year
Typical home value $397,791 as of Sep 2026
+0.7%year on year

Asking rent — 97402

Against the Eugene-Springfield, OR metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2018 2020 2022 2024 2026 97402 $1,794 Eugene $1,771 United States $1,932
$1,200 $1,400 $1,600 $1,800 2018 2022 2026
  • 97402$1,794
  • Eugene$1,771
  • United States$1,932

Typical home value — 97402

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 $400,000 $450,000 2018 2020 2022 2024 2026 97402 $397,791 Eugene $452,797 United States $366,157
$250,000 $300,000 $350,000 $400,000 $450,000 2018 2022 2026
  • 97402$397,791
  • Eugene$452,797
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
6.1 97404 Eugene 34,244 $1,963 $437,361
7.4 97405 Eugene 46,933 $1,939 $526,344
7.5 97401 Eugene 49,437 $1,638 $512,218
8.4 97437 Elmira 2,632 — $546,180
8.9 97403 Eugene 15,355 $1,861 $604,538
9.0 97487 Veneta 8,498 $2,300 $439,251
10.8 97408 Eugene 15,420 $2,031 $608,768
10.9 97477 Springfield 37,534 $1,610 $398,927
11.2 97448 Junction City 14,323 $1,865 $482,604
12.4 97419 Cheshire 1,123 — $564,112
13.3 97461 Noti 604 — $490,588
14.4 97426 Creswell 10,186 $1,295 $469,551
16.9 97455 Pleasant Hill 2,461 — $663,083
17.3 97446 Harrisburg 5,449 — $412,202
19.2 97412 Blachly 744 — $405,634
19.3 97478 Springfield 39,373 $1,803 $431,109

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.