
Cheap Apartments for Rent in the University Neighborhood of Eugene, OR from $500 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Eugene.


Duck Landing

University Manor - Newly Renovated Units just a short walk from Campus!

458 E 11th Ave

1793 Patterson Alley

Total Monthly Price
1230 Oak St, Unit C

The Lewis & Clark

312-316 E 16th Ave

MW2

Total Monthly Price
1943 Onyx St, Unit 1
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.

1831 Kincaid St

610 E 8th Ave

455 E 13th Ave

1087 E 19th Ave

1370 High St, Unit Apt #B

Total Monthly Price
1948 Harris St, Unit 1

1370 High St, Unit Apt #A

Total Monthly Price
Portal Eugene

1588-1588 Ferry Alley

Chase Village
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.

Gordon Lofts

2024 Emerald St

Total Monthly Price
Heartwood

1850-1852 Pearl St

812 E 12th Ave

West University Quads

Campus Studios

Harris House

Park Place Apartments

Market District Commons
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Ferry Street Flats - Historical Access II

Willamette Gardens

Hilyard House Apartments

Camelot Apartments

THE WILDER APARTMENTS

Eugene Manor Apartments

Hide-A-Way Apartments

Campus Apartments

1840 Garden

1869 Hilyard St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Ferry Street Manor

Stoneridge Apartments

McKenna Estates

Crosswood

High Street Terrace

Patterson House

Southgate Apartments

430 E 15th Ave

429 Lindley Ln

The Studies at 19th
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
University, Eugene, OR Local Guide

How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,537 | $1,100 | $1,869 |
| University 1 Bedroom Apartments | $1,763 | $650 | $3,800 |
| University 2 Bedroom Apartments | $1,853 | $699 | $3,650 |
| University 3 Bedroom Apartments | $1,398 | $700 | $2,800 |
| University 4 Bedroom Apartments | $1,192 | $500 | $3,895 |
| University 5 Bedroom Apartments | $1,108 | $500 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the University Neighborhood of Eugene, OR.
See all Apartments in EugeneExplore Eugene
University, Eugene, OR Local Guide
- Nearby Eugene neighborhoods
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Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University 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 $729. Here are the most affordable University apartments for rent in Eugene, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Duck Landing | 4x2 Standard Individual Room Rate | 4BR,2BA | $699 |
| The Soto | E4x3 | 4BR,3BA | $729 |
| University Manor - Newly Renovated Units just a short walk from Campus! | 1BR/1.0BA | 1BR,1BA | $840 |
| The Rive Eugene | 5x5 | 5BR,5BA | $1,049 |
| Eugene Manor Apartments | Studio Type 1 | Studio,1BA | $1,179 |
| The Lewis & Clark | 1 Bedroom, 1 Bath | 1BR,1BA | $1,195 |
| Willamette Gardens | B2 | 2BR,2BA | $1,222 |
| The Pearl | STUDIO | Studio,1BA | $1,250 |
| Union on Broadway | S3 | Studio,1BA | $1,275 |
Best Value Apartments for Rent in University, OR
As of June 05, 2026 the best value apartment in the University area is the $0.59 price per square foot 4X4 Model at The Flats at Chase in the in the Laurel Hill Valley neighborhood starting from $879. The second greatest value University apartment is the 1777 Mill St #3 Model at 1755-1777 Mill St starting at $2,800 with a $2.08 price per square foot in the Laurel Hill Valley neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Flats at Chase | 4X4 | 4BR,4BA | $0.59 |
| 1755-1777 Mill St | 1777 Mill St #3 | 3BR,2BA | $2.08 |
| The Rive Eugene | 4x2 | 4BR,2BA | $0.91 |
| Willamette Gardens | B2 | 2BR,2BA | $1.31 |
| 1230 Oak St, Unit C | 1230 Oak St | 1BR,1BA | $1.35 |
| Ducks Village | 2 Bedroom | 2BR,1BA | $1.13 |
| The Standard at Eugene | Buckeye - 2x2 | 2BR,2BA | $1.02 |
| Chase Village | 1X1 | 1BR,1BA | $1.95 |
| Arena District Apartments | 2BR/1BA | 2BR,1BA | $1.71 |
| High Street Terrace | Studio | Studio ,1BA | $2.35 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleUniversity, Eugene, OR
Ranked #11
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,275.
What is the price of a cheap apartment in University?
The cheapest apartment in University is University Manor - Newly Renovated Units just a short walk from Campus! which is listed at $840, while the average apartment in University costs $1,750.
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 116 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 $1,290 which is $460 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.