Cheap Apartments for Rent in Urbana, IL from $300(144 Rentals)

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712 W Illinois St
$1,0453 Bedroom, 2 Bath Home for RentAvailable Now

712 W Illinois St

Urbana, IL 61801
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102 N Lincoln Ave
from $3152 Bedroom Apartments

102 N Lincoln Ave

102 N Lincoln AveUrbana, IL 61801
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1105 W Main
from $4251 Bedroom Apartments

1105 W Main

1105 W Main StUrbana, IL 61801
Student Housing
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1105ORE
from $528Studio to 2 Bedroom Apartments Available Aug 20, 2025

1105ORE

1105 W Oregon StUrbana, IL 61801
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106 S Gregory
from $565Studio Apartments Available Aug 19, 2025

106 S Gregory

106 S Gregory StUrbana, IL 61801
Student Housing
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209COL
from $5651 to 2 Bedroom Apartments Available Aug 20, 2025

209COL

209 N Coler AveUrbana, IL 61801
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1301 E Harding Dr. Urbana
Rent Specials
from $5991 Bedroom Apartments

1301 E Harding Dr. Urbana

1301 E Harding DrUrbana, IL 61801
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509 W Main St
from $6301 Bedroom Apartments

509 W Main St

509 W Main StUrbana, IL 61801
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2008 Vawter St
from $6502 to 4 Bedroom Apartments

2008 Vawter St

2008 Vawter StUrbana, IL 61801
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Liberty Commons
from $6752 to 3 Bedroom Apartments

Liberty Commons

1776 Independence AveUrbana, IL 61802
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302 W Locust St
from $6851 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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901 W Springfield Ave
from $6951 to 2 Bedroom Apartments

901 W Springfield Ave

901 W Springfield AveUrbana, IL 61801
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The Cove
from $7002 Bedroom Apartments

The Cove

1507 Washington St EUrbana, IL 61802
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Bailey Apartments
from $7051 Bedroom Apartments

Bailey Apartments

1004 W Springfield AveUrbana, IL 61801
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Colorado Hills
from $7201 to 2 Bedroom Apartments

Colorado Hills

703 E Colorado AveUrbana, IL 61801
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102 N Gregory St
from $7202 Bedroom Apartments

102 N Gregory St

102 N Gregory StUrbana, IL 61801
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506 W Elm
from $7502 Bedroom Apartments

506 W Elm

506 W Elm StUrbana, IL 61801
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505 S Busey Ave
from $7502 Bedroom Apartments

505 S Busey Ave

505 S Busey AveUrbana, IL 61801
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712 W Elm St
from $750Studio to 2 Bedroom Apartments Available Aug 18, 2025

712 W Elm St

712-714 W Elm StUrbana, IL 61801
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1102 W Stoughton St
from $7502 Bedroom Apartments

1102 W Stoughton St

1102 W Stoughton StUrbana, IL 61801
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Hillview
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from $7601 to 2 Bedroom Apartments

Hillview

1701 E Florida AveUrbana, IL 61802
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902 S Lincoln Ave
from $760Studio Apartments

902 S Lincoln Ave

902 S Lincoln AveUrbana, IL 61801
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706 S Walnut St
from $7952 Bedroom Apartments

706 S Walnut St

706 S Walnut StUrbana, IL 61801
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1004-1008 W Main St
from $7951 to 2 Bedroom Apartments

1004-1008 W Main St

1004-1008 W Main StUrbana, IL 61801
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Deerfield Woods
from $8002 Bedroom Apartments

Deerfield Woods

1702 Cindy Lynn StUrbana, IL 61802
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1010
from $8301 Bedroom Apartments

1010

1010 W Main StUrbana, IL 61801
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Urbana, IL Local Guide

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

Cheapest Available Urbana Apartments for Rent

 

The cheapest available apartment rental in Urbana, 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 Urbana 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
Urbana Estates1x1Urbana Estates1BR,1BA$675
106 N gregory1 bed1BR,1BA$735
Clark StreetThe Lewis1BR,1BA$750
808 N Lincoln Ave1 bed1BR,1BA$795
Aspen CourtThe Beech1BR,1BA$809
Garden Court Apartments2 BR / 1 BA2BR,1BA$815
Town and CountryKensington1BR,1BA$848

Best Value Apartments for Rent in Urbana, IL

As of December 24, 2024 the best value apartment in the Urbana 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 Urbana 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 Urbana 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$0.87
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
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.00
The Pointe at U of ITwo Bedroom2BR,2BA$0.80
Urbana Estates1x1Urbana Estates1BR,1BA$1.03

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Urbana Overview

The Midwestern United States is one of the fastest growing regions of the country and one of the most popular cities is Urbana, IL. Urbana apartments represent a great living opportunity for both individuals and families alike. Apartments in Urbana, IL provide everyone with an affordable way to live, work, and enjoy everything this great city has to offer, Urbana, IL is known for its gorgeous weather, friendly people, and delicious food! With this in mind, take a few minutes to learn more about why so many people are falling in love with Urbana, IL.

Why live in Urbana, IL?

The vast majority of people choose to live in Urbana, IL because of the lifestyle it provides. Urbana, IL is home to fantastic schools from childhood through college. The weather is mild and the city is easy to navigate. There is always great food and festivals take place in the city from time to time. The people are friendly to everyone, making this a great town for individuals and families of all ages. For these reasons, many people are flocking to Urbana, IL to call this city home.

Pet Friendly Lifestyle
Urbana, IL

Ranked #39

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 Urbana, IL Rentals by Map

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Getting Around Urbana, IL

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Urbana Apartments

What is the Cheapest Studio apartment in Urbana?

Currently the most affordable Cheap Studio Apartment in Urbana is at Eastland Apartments listed at $925.

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

The lowest price for a Cheap One Bedroom Urbana Apartment is $675 at Urbana Estates.

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

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

What is the most affordable Urbana Three Bedroom Apartment?

The best deal on a cheap Urbana 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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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.

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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.

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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.