Cheap Homes for Rent in Downtown Champaign Neighborhood of Champaign, IL from $800 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Champaign area of Champaign.

property at 609 W Church St

609 W Church St

ChampaignIL61820

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.

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Downtown Champaign, Champaign, IL Local Guide

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 ListingModel NameBed/BathPriced From
305JOH305 John 4 Bedroom4BR,3BA$455
205 StoughtonOLD - BTB - 4x2Studio,2BA$455
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$565
1002SEC4 Bed, 2 Bath on Frat Park4BR,2BA$567
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$615

Best Value Apartments for Rent in Downtown Champaign, IL

As of April 18, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
512 E John St, Unit One and a half512 E John St3BR,1BA$0.94
Campus Circle UrbanaD24BR,4BA$0.72
202 E ChalmersIMMEDIATE MOVE IN - Individual Lease in a 4x3! ...4BR,3BA$0.61
205 StoughtonOLD - BTB - 4x2Studio ,2BA$0.44
702 W Green St, Unit 3702 W Green St3BR,1BA$1.00
Lancaster Apartments3 x 13BR,1BA$0.77
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$0.59
112 E. Green St by Bankier Apartments2 Bed 1 Bath2BR,1BA$1.06
705 S 1st St4 bed, W/D, short term4BR,2BA$1.15
Garden Court Apartments2 BR / 1 BA2BR,1.5BA$1.09

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Frequently Asked Questions about Downtown Champaign

What type of rentals are currently available in Downtown Champaign?

There are currently 385 Apartments for Rent in Downtown Champaign, IL with pricing that ranges from $525 to $3,900. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Champaign ranging from $740 to $2,380.

What is the current price range for Rental Homes in Downtown Champaign?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Champaign ranges from $740 to $2,380 with an average monthly rent of $1,603.

How much are larger Three and Four Bedroom Rentals in Downtown Champaign?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Champaign range from $950 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $780.

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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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.

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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.

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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.

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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.