The Ponderosa
1864 Oak St,
Eugene, OR 97401
$2,850 - $2,900
2-4 Beds
South University
Eugene, OR
South University - Eugene, OR Area Guide
The university atmosphere gives this neighborhood an eclectic energy
University
•
Fun-Filled
•
Nature
•
Park-Like
•
The South University neighborhood abuts the south border of the University of Oregon, giving students and employees an easy commute to the school. South University combines residential homes with green spaces offering excellent views of Eugene. The city's downtown and lively commercial district lie just two miles west, allowing residents to reach it with a quick bus ride from their apartments.
South University residents love the outdoors, and the 80-acre Hendricks Park provides ample recreational activities. Stroll among the Douglas fir trees and view thousands of rhododendrons and other plants in the Rhododendron Garden. Use binoculars to identify the many bird species in the park, or take a picnic basket and relax among the wildflowers. Those interested in doing their part to preserve this historic green space can volunteer with the Friends of Hendricks Park.
Rent Trends
As of March 2026, the average apartment rent in South University is $737 for a studio, $1,006 for one bedroom, $1,308 for two bedrooms, and $2,048 for three bedrooms. Apartment rent in South University has increased by 1.9% in the past year.
-
Studio
-
170 sq ft
Average Sq Ft
-
$737/month
Average Rent
-
1 BR
-
540 sq ft
Average Sq Ft
-
$1,006/month
Average Rent
-
2 BR
-
596 sq ft
Average Sq Ft
-
$1,308/month
Average Rent
-
3 BR
-
984 sq ft
Average Sq Ft
-
$2,048/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly South University - Eugene, OR is for everyday living.
Very Walkable
86
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
44
/ 100
You'll likely want a car when living in this area since it has few transit options.
Biker's Paradise
96
/ 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Washburne Park
- Amazon Park
- Many Nations Longhouse
- Museum of Natural History
- UO Outdoor Program
Commuter Rail
Airports
- Mahlon Sweet Field
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.