Cheap Apartments for Rent in Champaign, IL from $300(154 Rentals)

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706 S Locust St
from $3782 Bedroom Apartments

706 S Locust St

706 S Locust StChampaign, IL 61820
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305JOH
from $4552 to 4 Bedroom Apartments Available Now

305JOH

305 E John StChampaign, IL 61820
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Armory Manor
from $535Studio Apartments

Armory Manor

307 E Armory AveChampaign, IL 61820
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308 East Armory
from $535Studio Apartments

308 East Armory

308 E Armory AveChampaign, IL 61820
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48 E John
from $5403 to 4 Bedroom Apartments Available Aug 22, 2025

48 E John

48 E John StChampaign, IL 61820
Student Housing
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207 E Healey St
from $5451 Bedroom Apartments

207 E Healey St

207-209 E Healey StChampaign, IL 61820
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508 W White
from $5551 to 3 Bedroom Apartments

508 W White

508 W White StChampaign, IL 61820
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1002SEC
from $5674 Bedroom Apartments Available Now

1002SEC

1002 S 2nd StChampaign, IL 61820
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Lofts On Green
from $5751 Bedroom Apartments

Lofts On Green

409 W Green StChampaign, IL 61820
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White
from $590Studio Apartments

White

511 E Clark StChampaign, IL 61820
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Parker Glen
from $5942 to 3 Bedroom Apartments Available Now

Parker Glen

2501 N Neil StChampaign, IL 61820
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1512 W Healey St
Rent Specials
from $595Studio Apartments Available Now

1512 W Healey St

1512 W Healey StChampaign, IL 61821
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Prairie Place
from $6002 Bedroom Apartments

Prairie Place

310-316 S Prairie StChampaign, IL 61820
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Clark Street House
from $600Studio to 3 Bedroom Apartments

Clark Street House

613 W Healey StChampaign, IL 61820
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51 E Green  - OFFBOARDING 01/14/25
from $600Studio to 4 Bedroom Apartments Available Jan 14, 2025

51 E Green - OFFBOARDING 01/14/25

51 E Green StChampaign, IL 61820
Student Housing
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605 W University Ave
Rent Specials
from $6051 Bedroom Apartments

605 W University Ave

605 W University AveChampaign, IL 61820
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Twin Oaks
from $6101 Bedroom Apartments

Twin Oaks

2415-2435 W Bradley AveChampaign, IL 61821
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Healey Gardens
from $615Studio to 2 Bedroom Apartments

Healey Gardens

607-611 W Healey StChampaign, IL 61820
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Bankier Apartments
from $625Studio to 2 Bedroom Apartments

Bankier Apartments

805 S 4th StChampaign, IL 61820
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511 W University Ave
from $6401 Bedroom Apartments

511 W University Ave

511 W University AveChampaign, IL 61820
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Colonial Apartments
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from $6501 to 3 Bedroom Apartments

Colonial Apartments

1101 S Mattis AveChampaign, IL 61821
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Champaign, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Champaign, IL

Pricing Updated: 12/26/2024

Current apartment rentals in the Champaign, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Champaign Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Campustown IL$3,300$37899
Downtown Champaign$3,300$378140
Midtown Champaign$3,300$378108

Cheapest Available Champaign Apartments for Rent

 

The cheapest available apartment rental in Champaign, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $455. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $567. Here is today’s list of the most affordable Champaign apartments for rent:

Apartment ListingModel NameBed/BathPriced From
305JOH305 John 4 Bedroom4BR,3BA$455
1002SEC4 Bed, 2 Bath on Frat Park4BR,2BA$567
Parker Glen3 Bedroom3BR,2BA$594
1512 W HealeyStudioStudio,1BA$595
106 N gregory1 bed1BR,1BA$735
Clark StreetThe Lewis1BR,1BA$750
808 N Lincoln Ave1 bed1BR,1BA$795
Garden Court Apartments2 BR / 1 BA2BR,1BA$815
Town and CountryKensington1BR,1BA$848
The Courtyard on Randolph2BR/ 1BA2BR,1BA$850

Best Value Apartments for Rent in Champaign, IL

As of December 27, 2024 the best value apartment in the Champaign area is the $0.25 price per square foot House Model at 57 E. Springfield Ave Champaign, IL in the in the Downtown Champaign neighborhood starting from $500. The second greatest value Champaign apartment is the D1 Model at Campus Circle Urbana starting at $939 with a $0.67 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Champaign apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
57 E. Springfield Ave Champaign, ILHouse6BR,3BA$0.25
Campus Circle UrbanaD14BR,4BA$0.67
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
Colony West2BR/1BA w/loft Condo2BR,1BA$0.92
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
702 W Green St, Unit 3702 W Green St3BR,1BA$1.00
Parker Glen2 Bedroom2BR,1BA$0.96
Park VistaThree Bedroom3BR,1BA$1.03
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.00
1512 W HealeyStudioStudio ,1BA$0.99

Quick Rent Budget Calculator

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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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Champaign Overview

Located in Champaign County lies the town of Champaign, IL. This town shares the University of Illinois campus with its sister city Urbana. Filled with students there is always something interesting going on around the city. You will never get bored, living in one of our pretty apartments in Champaign.

Why live in Champaign, IL?

This town has a small town feel to it, because the ambiance of the place vibrates with friendliness and enthusiasm. Some think it is college students, who seem to bring so much energy to the place. You will experience so many things to do without even leaving the city. If you enjoy an upbeat atmosphere, you will be delighted in one of our Champaign apartments.

Champaign, IL
Population: 88,029

Ranked #377

in US Census Population by City

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Pet Friendly Lifestyle
Champaign, IL

Ranked #23

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Champaign, IL Rentals by Map

View MapChampaign, IL Apartments MapView MapChampaign, IL Rental Homes Map

Getting Around Champaign, IL

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Champaign Apartments

What is the Cheapest Studio apartment in Champaign?

Currently the most affordable Cheap Studio Apartment in Champaign is at 1512 W Healey listed at $595.

How much is rent for a Cheap One Bedroom Champaign Apartment?

The lowest price for a Cheap One Bedroom Champaign Apartment is $735 at 106 N gregory.

What is the lowest price for a Cheap Two Bedroom Champaign Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Champaign is starting from $755 at Clark Street.

What is the most affordable Champaign Three Bedroom Apartment?

The best deal on a cheap Champaign Three Bedroom Apartment rental is at Parker Glen and starts from $594.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Signing Your Apartment Lease: The Basics

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.