The price for a 1 bedroom flat in the city is around 150 - 300 EUR per month though well furnished places tend to be more expensive. 
Check out rental service company Domo Plius https://en.domoplius.lt/ for long term rentals, and booking.com or airbnb.com for short term rentals.

Our recommended hotels:

1. 15th Avenue hotel: http://www.15avenue.lt/en/. About 7,1 km away from the University.

2. Amberton Hotel: http://www.ambertonhotels.com/Vilnius. About 7,1 km away from the University.

3. Artis Hotel: http://www.artis.centrumhotels.com/en/. About 9,2 km away from the University.

The city is efficiently served by buses and trolleybuses from 5.30am or 6am to midnight; Sunday services are less frequent. Single-trip tickets cost: €1 from the driver; €0.64 if you have a Vilniečio Kortelė (an electronic ticket sold at kiosks; see www.vilniusticket.lt for details); or nothing if you have a Vilnius City Card with public transport included (sold in tourist information centres). Fare evaders risk a fine.

All routes 

Vilnius is generally easy to navigate by car, and not too busy, but the traffic burden is getting heavier each year. Street parking around the centre can be hard to find and is expensive: rates (from 8am to 8pm) run to as much as €2 an hour. The rate is identified by a colour code system (blue is the most expensive) and tickets need to be bought from a machine and displayed on the dashboard.

Avoid parking on unlit streets overnight; car break-ins are not unknown. Cars are not permitted in parts of the pedestrian Old Town.

Have a drivers licence, but no car? Check out City Bee!

We recommend you to take a taxi from the airport to the hotel as the most comfortable option. The price from the airport to hotel would be about 12-14 euro depending on the company. It’s cheaper if you call and order the taxi, not take the one from the airport.

The standard rule is to make sure the meter is running and set to the correct tariff (generally 1 most of the time and 2 after midnight) before setting off.

eTransport  is an app where you can easily order a taxi and you will have a choice if you want to pay cash or card.
Taxify is also an app, very similar to Uber, just cheaper.

Vilnius is becoming increasingly bike-friendly, although bike lanes are rarer outside the Old Town and along the banks of the Neris. Orange Cyclocity stations dot the city, the tourist office has free cycling maps, and BaltiCCycle (www.balticcycle.lt) is good for ideas and information.

Cyclocity Bikes can be easily hired and returned at the 37 orange Cyclocity stations across Vilnius. Either credit cards or Cyclocity Cards (available by advance subscription) can be used to hire a bike. A three-day ticket is €2.90.

Velo-City This well-established bike-hire operation on the edge of the Old Town has decent, well-maintained bikes.

 

Lithuania joined the Eurozone on 1 January 2015.
The following banks all have ATMs accepting Visa and MasterCard. ATMs can also be found throughout the city.

Swedbank Cashes Thomas Cook and Amex travellers cheques.

Citadele Bankas Citadele, Lithuania’s Amex representative, exchanges currency.

SEB Vilniaus Bankas Also has a branch on Gedimino.