
Cheap Apartments for Rent in Urbana, IL from $300 (158 Rentals)
Cheap Apartments in Urbana.


Urbana Estates

106 N gregory

1406 E Michigan Ave

Bailey Student Apartments Available 2025!

Prairie Green Apartment Homes

Element on Main

808 N Lincoln Ave

501 S Race St

814 W Church St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

University Park

211 N Central

Town and Country

703 W High St

Eastland Apartments

Stone Ridge Square

303 W Illinois St

208 N Harvey St
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.

822 W Hill St

413 W Main St

800 S Vine St

712 W Illinois St

1003 W. Stoughton

Michigan East - Campus Property Management
Urbana, IL Local Guide

How much does it cost to rent an apartment in Urbana?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Urbana Studio Apartments | $1,258 | $615 | $1,950 |
Cheap Urbana 1 Bedroom Apartments | $1,288 | $525 | $2,059 |
Cheap Urbana 2 Bedroom Apartments | $1,217 | $715 | $3,200 |
Cheap Urbana 3 Bedroom Apartments | $1,316 | $875 | $2,900 |
Cheap Urbana 4 Bedroom Apartments | $1,246 | $780 | $3,360 |
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Urbana, IL Local Guide

- Nearby Cities
- ZIP codes
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- School Districts
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. 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 Urbana 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 |
Parker Glen | 3 Bedroom | 3BR,2BA | $525 |
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 |
ONYX | The Cottage | 2BR,1BA | $795 |
Town and Country | Danbury | 1BR,1BA | $845 |
Best Value Apartments for Rent in Urbana, IL
As of May 03, 2025 the best value apartment in the Urbana area is the $0.45 price per square foot Three Bedroom Standar Model at Capstone Quarters in the in the Midtown Champaign neighborhood starting from $625. The second greatest value Urbana 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 Urbana apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.45 |
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 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
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 |
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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.
Best Local Schools in Urbana, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Urbana, IL Rentals by Map
See the most popular apartments and homes in Urbana, IL
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
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 Urbana Apartments
What is the Cheapest Studio apartment in Urbana?
Currently the most affordable Cheap Studio Apartment in Urbana is at 205 Stoughton listed at $455.
How much is rent for a Cheap One Bedroom Urbana Apartment?
The lowest price for a Cheap One Bedroom Urbana Apartment is $750 at Clark Street.
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 $525.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.