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Eugene Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Eugene is $24.22 per square foot, 0.76% lower compared to the previous year.
  • The market’s vacancy rate stands at 12.32%, lower than the state average of Oregon, which is 15.31%.

2025 Office Space Rent & Sales

  • $24.22 2025 Avg. Asking Rent
  • -0.76% Y-o-Y Avg. Asking Rent Change
  • 12.32% 2025 Office Vacancy Rate

What is the average asking rent price for office space in Eugene?

Average asking rents for office space here stand at $24.22 per square foot. The local office market recorded an average vacancy rate of 12.32% in 2025, unchanged from 12.32% in 2024.

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Eugene, OR Office Asking Rents by Class

What is the average office rent per square foot by property class in Eugene?

  • Avg. Asking Rent Class A & A+$29.76
  • Avg. Asking Rent Class B$20.39

What is the average office rent per square foot by property class in OR?

  • Avg. Asking Rent Class A & A+$33.77
  • Avg. Asking Rent Class B$25.24
  • Avg. Asking Rent Class C$16.34

For comparison, the average rent for Class A and A+ office space in Oregon was $33.77 per square foot. The state-wide average for Class B space was $25.24 per square foot, and Class C office spaces averaged $16.34 per square foot.

Eugene, OR Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Eugene was Eugene - North at 10.10%. Meanwhile, the highest office vacancy rate in the market was 17.36%, recorded in Eugene - Central.
Submarket Asking Rents Vacancy Rates
Eugene - North $27.33 10.10%
Eugene - Central $21.65 17.36%
Data provided by Yardi Research

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Office Construction in Eugene, OR

What are the largest recent office completions in Eugene?

The largest recent office completion here is 2975 Chad Drive at 151,187 square feet, completed in 1998. The next largest completions are Chase Gardens Medical Center North and 545 East 8th Avenue.

Office building Address SF Completed
1400 Valley River Drive 1400 Valley River Drive, 97401 25,444 2017
545 East 8th Avenue 545 East 8th Avenue, 97401 70,527 2014
The Ten Coburg 10 Coburg Road, 97401 34,000 2009
Chase Gardens Medical Center North 330 South Garden Way, 97401 91,392 2008
10th & Mill 360 East 10th Avenue, 97401 60,198 2002
10th & Mill Building 360 East 10th Avenue, 97401 57,774 2002
4710 Village Plaza Loop 4710 Village Plaza Loop, 97401 27,230 1999
1125 Darlene Ln 1125 Darlene Ln, 97401 14,375 1999
2975 Chad Drive 2975 Chad Drive, 97408 151,187 1998
920 Country Club Road 920 Country Club Road, 97401 35,642 1998
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.

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