
Cheap Homes for Rent in Champaign, IL from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Champaign.


802 W Hill St

2001 S Mattis Ave, Unit A

711 W Church St

1106 W Church St

611 W Church St

804 W Hill St

407 W Green St

705 Hollycrest Dr

904 N Broadway Ave

1314 W Clark St

1903 Nancy Ct

407 S Anderson St

409 S Anderson St

2501 Leeper Dr

830 W Maple St
Champaign, IL Local Guide

How much does it cost to rent a home in Champaign?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Champaign 2 Bedroom Homes for Rent | $1,269 | $750 | $2,000 |
Champaign 3 Bedroom Homes for Rent | $1,835 | $900 | $3,800 |
Champaign 4 Bedroom Homes for Rent | $2,513 | $1,395 | $3,995 |
Champaign 5 Bedroom Homes for Rent | $2,700 | $2,000 | $3,950 |
Browse Top Homes for Rent in Champaign
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
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Cheapest Neighborhoods for Apartments in Champaign, IL
Pricing Updated: 04/16/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Campustown IL | $3,900 | $525 | 42 |
Downtown Champaign | $3,900 | $525 | 67 |
Midtown Champaign | $3,900 | $525 | 78 |
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. 205 Stoughton in the Downtown Champaign neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $455. Here is today’s list of the most affordable Champaign apartments for rent:
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 |
Best Value Apartments for Rent in Champaign, IL
As of April 16, 2025 the best value apartment in the Champaign area is the $0.40 price per square foot Three Bedroom Standar Model at Capstone Quarters in the in the Midtown Champaign neighborhood starting from $560. The second greatest value Champaign apartment is the 512 E John St Model at 512 E John St, Unit One and a half starting at $1,317 with a $0.94 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.40 |
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 |
405 W Oregon St, Unit 405.5 | 405 W Oregon St | 2BR,1BA | $0.95 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
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 |
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Frequently Asked Questions about Champaign
What type of rentals are currently available in Champaign?
There are currently 597 Apartments for Rent in Champaign, IL with pricing that ranges from $525 to $3,900. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign ranging from $525 to $3,995.
What is the current price range for Rental Homes in Champaign?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Champaign ranges from $525 to $3,995 with an average monthly rent of $1,756.
How much are larger Three and Four Bedroom Rentals in Champaign?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Champaign range from $950 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,395 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.

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 & 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.