Cheap Apartments for Rent in the University Neighborhood of Eugene, OR from $550 (67 Rentals)

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

property at 1539 Villard St
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1539 Villard St

EugeneOR97403
property at 729 E 18th Aly
$1,040

Total Monthly Price

Base Rent$1,040
Total Monthly Price$1,040
Studio, 1 Bath Home for Rent
Available Sep 6
Furnished

729 E 18th Aly

EugeneOR97401
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Campus Studios
Studio Apartments

Campus Studios

735 E 14th AveEugene, OR 97401
Student Housing
  • Utilities Included
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551e14
1 to 4 Bedroom Apartments

551e14

547-555 E 14th AveEugene, OR 97401
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Duck Landing
2 to 4 Bedroom Apartments

Duck Landing

1848 Hilyard StEugene, OR 97401
Student Housing
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Park Place Apartments
Studio to 2 Bedroom Apartments

Park Place Apartments

877 E Park StEugene, OR 97401
  • Utilities Included

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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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24214t
1 to 3 Bedroom Apartments

24214t

242 E 14thEugene, OR 97401
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1161 Mill St
1 Bedroom Apartments

1161 Mill St

1161 Mill StEugene, OR 97401
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Camelot Apartments
1 Bedroom Apartments

Camelot Apartments

800 E 18th AveEugene, OR 97401
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THE WILDER APARTMENTS
Studio to 1 Bedroom Apartments

THE WILDER APARTMENTS

259 E 13th AveEugene, OR 97401
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tuskig01
1 Bedroom Apartments

tuskig01

185-195 E 24th AveEugene, OR 97405

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Campus Apartments
1 to 3 Bedroom Apartments

Campus Apartments

771 E 14th AveEugene, OR 97401
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1671mi
1 Bedroom Apartments

1671mi

1671 Mill StEugene, OR 97401
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950 Patterson St
1 to 2 Bedroom Apartments

950 Patterson St

950 Patterson StEugene, OR 97401
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The Lewis & Clark
1 to 2 Bedroom Apartments

The Lewis & Clark

1414-1424 E 18th AveEugene, OR 97403
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1840 Garden
Studio to 1 Bedroom Apartments

1840 Garden

1838 Garden AveEugene, OR 97403

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

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Showing Results 1-50, Page 1 of 2

University, Eugene, OR Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Eugene, OR is a 1 Bed unit found at 551e14 priced from $650. Alderstreet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable University apartments for rent in Eugene, OR:

Apartment ListingModel NameBed/BathPriced From
551e141BR/2.0BA1BR,2BA$650
Alderstreet Apartments1BR/1.0BA1BR,1BA$695
University Manor1BR/1.0BA1BR,1BA$715
Duck Flats5x3 By-the-bedroom5BR,3BA$819
The Arcade4x24BR,2BA$862
kata02 1550 High St1BR/1.0BA1BR,1BA$1,045
1671mi1BR/1.0BA1BR,1BA$1,195
Willamette GardensB22BR,2BA$1,222
Union on BroadwayS3Studio,1BA$1,275
Eugene Manor Apartments1 Bedroom (Small)1BR,1BA$1,279

Best Value Apartments for Rent in University, OR

As of September 05, 2026 the best value apartment in the University area is the $1.61 price per square foot 2BR/1.0BA Model at Clairmont-Kincaid Apartments in the in the Laurel Hill Valley neighborhood starting from $1,495. The second greatest value University apartment is the 3BR/1.0BA Model at 24214t starting at $1,695 with a $1.83 price per square foot in the Fairmont neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clairmont-Kincaid Apartments2BR/1.0BA2BR,1BA$1.61
24214t3BR/1.0BA3BR,1BA$1.83
Willamette GardensB22BR,2BA$1.42
The Arcade3x1A by the bedroom3BR,1BA$0.86
1747 Hilyard Alley3BR/1.0BA3BR,1BA$1.81
1948 Harris St, Unit #51948 Harris St2BR,1BA$1.63
Chase Village1X11BR,1BA$1.68
Alderstreet Apartments1BR/1.0BA1BR,1BA$0.99
Arena District Apartments2BR/1BA2BR,1BA$1.56
University Manor1BR/1.0BA1BR,1BA$1.52

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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Navigating the Rental Market: Tips for First-Time Renters

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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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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
University, Eugene, OR

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,279.

What is the price of a cheap apartment in University?

The cheapest apartment in University is 551e14 which is listed at $650, while the average apartment in University costs $1,365.

What types of apartments are the cheapest in University?

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 52 regular apartments in University 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 University?

Cheap apartments in University have an average cost of $1,117 which is $248 cheaper than the average rent for all rentals in University.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.