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Eugene Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $24.40 2024 Avg. Asking Rent
  • 11.36% 2024 Office Vacancy Rate

Eugene office price per square foot in 2024 was $24.40 on average. The local office market recorded an average vacancy rate of 11.36% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Eugene Class A & A+ Office Space$25.91
  • Eugene Class B Office Space$22.35
  • Oregon Class A & A+ Office Space$33.32
  • Oregon Class B Office Space$25.72
  • Oregon Class C Office Space$18.77

Eugene, OR Office Asking Rents by Class

2024 Office Vacancy Rates in Eugene

Submarket Asking Rents Vacancy Rates
Eugene - North $26.33 7.91%
Eugene - Central $23.62 16.88%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Eugene market was 11.36% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Eugene was 7.91% in the Eugene - North submarket, while the highest office vacancy in the market was 16.88%, recorded in Eugene - Central.

Office Spaces for Rent in Oregon

  • Redmond Office Space
  • Bend Office Space

Coworking Spaces in Oregon

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2024 Office Construction in Eugene, OR

Largest Office Properties Recently Completed in Eugene
Office building Address SF Completed
The Ten Coburg 10 Coburg Road, 97401 34,000 2009
Chase Gardens Medical Center North 330 South Garden Way, 97401 91,392 2008
Chase Gardens Medical Center North 330 South Garden Way, 97401 91,392 2008
3125 Chad Dr 3125 Chad Dr, 97408 63,000 2002
10th & Mill Building 360 East 10th Avenue, 97401 57,774 2002
4710 Village Plaza Loop 4710 Village Plaza Loop, 97401 27,230 1999
2975 Chad Drive 2975 Chad Drive, 97408 151,187 1998
920 Country Club Road 920 Country Club Road, 97401 35,642 1998
800 Willamette Street 800 Willamette Street, 97401 90,512 1995
190 West 8th Avenue 190 West 8th Avenue, 97401 106,000 1993

Worth noting among recent office completions on the Eugene market is The Ten Coburg, which is currently the largest new office development in the city, at 34,000 square feet.

Data provided by Commercial Edge

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Eugene commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.


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