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.
1850 High St, Unit C, Unit C
1850 High St
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.
1940 Emerald Alley, Unit #1, Unit #1
1940 Emerald Alley
EugeneOR97403
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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 | $1,831 | $1,500 | $2,495 |
| South University 4 Bedroom Homes for Rent | $2,933 | $2,500 | $3,600 |
| South University 6 Bedroom Homes for Rent | $4,800 | $4,500 | $5,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 April 15, 2026 the best value apartment in the South University area is the $1.77 price per square foot 4x2 Model at The Ponderosa in the in the Fairmont neighborhood starting from $2,850. The second greatest value South University apartment is the 4X3 Model at The Andy starting at $3,450 with a $2.16 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. |
|---|---|---|---|
| The Ponderosa | 4x2 | 4BR,2BA | $1.77 |
| The Andy | 4X3 | 4BR,3BA | $2.16 |
| 1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $2.08 |
| 1943 Onyx St, Unit Unit 1 | 1943 Onyx St | 2BR,1BA | $1.47 |
| The Arcade | 3x1 | 3BR,1BA | $2.74 |
| The Hutton | 2x1A | 2BR,1BA | $2.78 |
Frequently Asked Questions about South University
What type of rentals are currently available in South University?
There are currently 112 Apartments for Rent in South University, OR with pricing that ranges from $595 to $3,895. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in South University ranging from $1,295 to $5,100.
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 $5,100 with an average monthly rent of $2,714.
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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.