Cheap Apartments for Rent in the Friendly Area Eugene, OR from $500 (36 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Campus Studios
Studio Apartments

Campus Studios

735 E 14th AveEugene, OR 97401
Student Housing
  • Utilities Included
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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
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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
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1161 Mill St
1 Bedroom Apartments

1161 Mill St

1161 Mill StEugene, OR 97401

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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430 E 15th Ave
3 Bedroom Apartments

430 E 15th Ave

430 E 15th AveEugene, OR 97401
  • Utilities Included
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Rockwood
2 Bedroom Apartments

Rockwood

485 E 17th AveEugene, OR 97401

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.

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 $699. 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 SotoE4x24BR,2BA$699
University Manor1BR/1.0BA1BR,1BA$770
11th and Ferry LoftsB2 (Studio)Studio,1BA$1,175
Olympic Villa ApartmentsStudio, 1 bathStudio,1BA$1,195
Hide-A-Way Apartments3BR/1.0BA3BR,1BA$1,295
Amazon CornerCHINOOKStudio,1BA$1,570
Westwood2x12BR,1BA$1,683
The Pearl3BR/2BA - A3BR,2BA$2,450
1755-1777 Mill St1755 Mill St #64BR,3BA$2,695

Best Value Apartments for Rent in Friendly Area, OR

As of July 25, 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 3BR/2.5BA - A Model at The Pearl starting at $2,575 with a $2.22 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 Pearl3BR/2.5BA - A3BR,2.5BA$2.22
The Hayward Student LivingB3 Townhome2BR,2.5BA$0.93
University Manor3BR/1.0BA3BR,1BA$2.85
Hide-A-Way Apartments3BR/1.0BA3BR,1BA$1.85
Amazon CornerCHINOOKStudio ,1BA$3.11
The SotoW1x11BR,1BA$3.82
The Patterson Social2BR/2BA - Onyx2BR,2BA$2.79
11th and Ferry LoftsB2 (Studio)Studio ,1BA$3.53

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 #25

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 which is listed at $770, while the average apartment in Friendly Area costs $1,995.

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 26 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 $750 which is $1,245 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.