Cheap Apartments for Rent in the Friendly Area Eugene, OR from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Friendly Area area of Eugene.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Campus Studios
Studio Apartments

Campus Studios

735 E 14th AveEugene, OR 97401
Student Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Springtree Apartments
Studio to 1 Bedroom Apartments

Springtree Apartments

1430 W 12th AveEugene, OR 97402
  • Utilities Included
  • Smoke Free
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Olive Terrace
Studio to 2 Bedroom Apartments

Olive Terrace

1460 Olive StEugene, OR 97401
  • Utilities Included
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Westfair Apartments
1 to 2 Bedroom Apartments

Westfair Apartments

1185 W 15th AveEugene, OR 97402
  • Utilities Included
  • Smoke Free
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Southtowne Apartments
1 to 2 Bedroom Apartments

Southtowne Apartments

2555 Portland StEugene, OR 97405
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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THE WILDER APARTMENTS
Studio to 1 Bedroom Apartments

THE WILDER APARTMENTS

259 E 13th AveEugene, OR 97401
  • Utilities Included
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Hide-A-Way Apartments
3 Bedroom Apartments

Hide-A-Way Apartments

710 15th AlyEugene, OR 97401
Student Housing
  • Utilities Included
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430 E 15th Ave
3 Bedroom Apartments

430 E 15th Ave

430 E 15th AveEugene, OR 97401
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Friendly Area, Eugene, OR Local Guide

Cheapest Available Friendly Area Apartments for Rent

 

The cheapest available apartment rental in the Friendly Area area of Eugene, OR is a 4 Beds unit found at Duck Landing priced from $699. The Soto has the second lowest priced unit, which is a 4 Beds apartment currently listed from $729. Here are the most affordable Friendly Area apartments for rent in Eugene, OR:

Apartment ListingModel NameBed/BathPriced From
Duck Landing4x2 Standard Individual Room Rate4BR,2BA$699
The SotoE4x34BR,3BA$729
University Manor - Newly Renovated Units just a short walk from Campus!1BR/1.0BA1BR,1BA$840
Olympic Villa ApartmentsStudio, 1 bathStudio,1BA$1,195
The PearlSTUDIOStudio,1BA$1,250
Westwood2x12BR,1BA$1,683
1755-1777 Mill St1755 Mill St #64BR,3BA$2,695

Best Value Apartments for Rent in Friendly Area, OR

As of June 10, 2026 the best value apartment in the Friendly Area area is the $2.08 price per square foot 1777 Mill St #3 Model at 1755-1777 Mill St in the in the Laurel Hill Valley neighborhood starting from $2,800. The second greatest value Friendly Area apartment is the B3 Townhome Model at The Hayward Student Living starting at $995 with a $0.93 price per square foot in the Fairmont neighborhood. Here is today’s list of the best values for Friendly Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1755-1777 Mill St1777 Mill St #33BR,2BA$2.08
The Hayward Student LivingB3 Townhome2BR,2.5BA$0.93
University Manor3BR/1.0BA3BR,1BA$3.11
The Patterson Social1BR/1BA - Ferry1BR,1BA$3.15
The SotoW1x11BR,1BA$3.82
The PearlSTUDIOStudio ,1BA$3.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Friendly Area, Eugene, OR

Ranked #22

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Friendly Area Apartments

What is a cheap apartment in Friendly Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Friendly Area is under $2,695.

What is the price of a cheap apartment in Friendly Area?

The cheapest apartment in Friendly Area is University Manor - Newly Renovated Units just a short walk from Campus! which is listed at $840, while the average apartment in Friendly Area costs $1,922.

What types of apartments are the cheapest in Friendly Area?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Friendly Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Friendly Area?

Cheap apartments in Friendly Area have an average cost of $939 which is $983 cheaper than the average rent for all rentals in Friendly Area.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.