Apartments for Rent in Champaign, IL Under $500(15 Rentals)

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305JOH Apartments
from $4552 to 4 Bedroom Apartments Available Now

305JOH

305 E John StChampaign, IL 61820
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59JOH Apartments
from $4353 to 4 Bedroom Apartments Available Aug 20, 2025

59JOH

59 E John StChampaign, IL 61820
Student Housing
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706 S Locust St Apartments
from $3782 Bedroom Apartments

706 S Locust St

706 S Locust StChampaign, IL 61820
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1002 W Clark St Apartments
from $4951 to 2 Bedroom Apartments

1002 W Clark St

1002 W Clark StUrbana, IL 61801
Student Housing
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908 W Stoughton St Apartments
from $4952 Bedroom Apartments

908 W Stoughton St

908 W Stoughton StUrbana, IL 61801
Student Housing
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Hunsinger Apartments
from $4502 to 3 Bedroom Apartments

Hunsinger Apartments

701 W Elm StUrbana, IL 61801
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1105 W Main Apartments
from $4251 Bedroom Apartments

1105 W Main

1105 W Main StUrbana, IL 61801
Student Housing
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1110 W Stoughton St Apartments
from $3922 Bedroom Apartments

1110 W Stoughton St

1110 W Stoughton StUrbana, IL 61801
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102 N Lincoln Ave Apartments
from $3152 Bedroom Apartments

102 N Lincoln Ave

102 N Lincoln AveUrbana, IL 61801
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Champaign, IL Local Guide

Quick 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.

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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 Champaign

How much are Studio apartments in Champaign?

There are currently 76 Studio Apartments in Champaign with rent ranges from $615 to $2,390 with an average price of $1,443.

What is the current price range for One Bedroom Champaign Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Champaign ranges from $485 to $2,029 with an average monthly rent of $1,450.

What does renting a Two Bedroom Apartment in Champaign cost?

The monthly rent prices of Two Bedroom Apartments currently available in Champaign range from $650 to $3,200. Today's average rental price for Two Bedrooms here is $1,448.

How expensive are Champaign Three Bedroom Apartments?

There are currently 112 Three Bedroom Apartments listings available in Champaign on ApartmentHomeLiving.com. The pricing ranges from $900 to $5,000 - averaging $1,464 for the location.

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print. While most leases...

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process. While fees will range depending on...

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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...

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in...