1869 Hilyard St
EugeneOR97401
Cheap Homes for Rent in South University Neighborhood of Eugene, OR from $1,200 (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.
738 E 18th Ave
EugeneOR97401
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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 | $1,961 | $1,695 | $2,495 |
| South University 4 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
| 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 May 30, 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 3x1 Model at The Arcade starting at $2,230 with a $2.74 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 | 3x1 | 3BR,1BA | $2.74 |
| 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 108 Apartments for Rent in South University, OR with pricing that ranges from $650 to $3,895. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $1,295 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 $1,295 to $3,895 with an average monthly rent of $2,687.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.