
Cheap Apartments for Rent in the Downtown Champaign Neighborhood of Champaign, IL from $300 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Champaign area of Champaign.


202 W William St

605 W University Ave

1101 W Church St, Unit 2

Garden Court Apartments

THE ALCOVE @ SECOND & JOHN
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

503 N State St

608 E Chalmers

The Courtyard on Randolph

404 W Springfield Ave

312 W Springfield Ave

The Inman by Royse + Brinkmeyer

Midtown Center
Downtown Champaign, Champaign, IL Local Guide

How much does it cost to rent an apartment in Downtown Champaign?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Champaign Studio Apartments | $1,356 | $615 | $1,950 |
Downtown Champaign 1 Bedroom Apartments | $1,386 | $525 | $2,029 |
Downtown Champaign 2 Bedroom Apartments | $1,325 | $775 | $3,200 |
Downtown Champaign 3 Bedroom Apartments | $1,309 | $950 | $2,900 |
Downtown Champaign 4 Bedroom Apartments | $1,234 | $780 | $3,360 |
Browse Apartments in this Neighborhood
There are currently 84 rentals with your search options within a 2 mile radius of the Downtown Champaign Neighborhood of Champaign, IL.
See all Apartments in ChampaignExplore Champaign
Downtown Champaign, Champaign, IL Local Guide
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Cheapest Available Downtown Champaign Apartments for Rent
 The cheapest available apartment rental in the Downtown Champaign area of Champaign, IL is a 4 Beds unit found at 305JOH priced from $455. 205 Stoughton has the second lowest priced unit, which is a Studio apartment currently listed from $455. Here are the most affordable Downtown Champaign apartments for rent in Champaign, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
305JOH | 305 John 4 Bedroom | 4BR,3BA | $455 |
205 Stoughton | OLD - BTB - 4x2 | Studio,2BA | $455 |
207 S Fifth | IMMEDIATE MOVE IN - Individual Lease in a 4x2 U... | 4BR,2BA | $565 |
1002SEC | 4 Bed, 2 Bath on Frat Park | 4BR,2BA | $567 |
Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $615 |
202 E Chalmers | IMMEDIATE MOVE IN - Individual Lease in a 4x3! ... | 4BR,3BA | $670 |
Clark Street | The Lewis | 1BR,1BA | $750 |
Garden Court Apartments | 2 BR / 1 BA | 2BR,1BA | $815 |
West Quad | 4BR/4BA - Terrace Deluxe | 4BR,4BA | $999 |
Best Value Apartments for Rent in Downtown Champaign, IL
As of April 17, 2025 the best value apartment in the Downtown Champaign area is the $0.94 price per square foot 512 E John St Model at 512 E John St, Unit One and a half in the in the Downtown Champaign neighborhood starting from $1,317. The second greatest value Downtown Champaign apartment is the D2 Model at Campus Circle Urbana starting at $989 with a $0.72 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Downtown Champaign apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
512 E John St, Unit One and a half | 512 E John St | 3BR,1BA | $0.94 |
Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
202 E Chalmers | IMMEDIATE MOVE IN - Individual Lease in a 4x3! ... | 4BR,3BA | $0.61 |
205 Stoughton | OLD - BTB - 4x2 | Studio ,2BA | $0.44 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
Lancaster Apartments | 3 x 1 | 3BR,1BA | $0.77 |
207 S Fifth | IMMEDIATE MOVE IN - Individual Lease in a 4x2 U... | 4BR,2BA | $0.59 |
112 E. Green St by Bankier Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.06 |
705 S 1st St | 4 bed, W/D, short term | 4BR,2BA | $1.15 |
Garden Court Apartments | 2 BR / 1 BA | 2BR,1.5BA | $1.09 |
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.
Pet Friendly LifestyleDowntown Champaign, Champaign, IL
Ranked #1
Among neighborhoods in Champaign, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Champaign, Champaign, IL
Central High School
Edison Middle School
School data provided by Great Schools
Getting Around the Downtown Champaign Neighborhood in Champaign, IL
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
59 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Champaign Apartments
What is a cheap apartment in Downtown Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Champaign is under $999.
What is the price of a cheap apartment in Downtown Champaign?
The cheapest apartment in Downtown Champaign is Clark Street which is listed at $750, while the average apartment in Downtown Champaign costs $3,900.
What types of apartments are the cheapest in Downtown Champaign?
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 49 regular apartments in Downtown Champaign 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 Downtown Champaign?
Cheap apartments in Downtown Champaign have an average cost of $1,296 which is $2,604 cheaper than the average rent for all rentals in Downtown Champaign.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.