1869 Hilyard St
EugeneOR97401
Cheap Homes for Rent in the South University Neighborhood of Eugene, OR from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South University 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.
736 E 18th Ave
EugeneOR97401
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.
715 E 21st Ave
EugeneOR97405
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South University, Eugene, OR Local Guide
How much does it cost to rent a home in South University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South University 2 Bedroom Homes for Rent | $1,872 | $1,595 | $2,550 |
| South University 3 Bedroom Homes for Rent | $2,731 | $2,695 | $2,750 |
| South University 4 Bedroom Homes for Rent | $3,595 | $3,595 | $3,595 |
| South University 5 Bedroom Homes for Rent | $3,895 | $3,895 | $3,895 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the South University Neighborhood of Eugene, OR.
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Best Value Apartments for Rent in South University, OR
As of July 14, 2026 the best value apartment in the South University 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 South University apartment is the 3x1A by the bedroom Model at The Arcade starting at $743 with a $0.86 price per square foot in the Laurel Hill Valley neighborhood. Here is today’s list of the best values for South University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $2.08 |
| The Arcade | 3x1A by the bedroom | 3BR,1BA | $0.86 |
| 1948 Harris St, Unit 1 | 1948 Harris St | 2BR,1BA | $1.75 |
| The Lewis & Clark | 1 Bedroom, 1 Bath | 1BR,1BA | $2.42 |
Frequently Asked Questions about South University
What type of rentals are currently available in South University?
There are currently 107 Apartments for Rent in South University, OR with pricing that ranges from $595 to $3,800. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $1,195 to $3,895.
What is the current price range for Rental Homes in South University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South University ranges from $1,195 to $3,895 with an average monthly rent of $2,657.
How much are larger Three and Four Bedroom Rentals in South University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South University range from $743 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $2,750. Four Bedroom Single-Family rentals are also available starting from $3,595 and Four Bedroom Apartments start at $699.
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
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.
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.
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.
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.