
Studio Apartments for Rent in Urbana, IL Under $1,500 (47 Rentals)


501 S Race St

Castle Property Management
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1008 S. 4th

The Inman by Royse + Brinkmeyer

304 W Eureka 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.
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.
Urbana, IL Local Guide

How much does it cost to rent an apartment in Urbana?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Urbana Studio Apartments | $1,235 | $615 | $1,950 |
Urbana 1 Bedroom Apartments | $1,260 | $525 | $2,059 |
Urbana 2 Bedroom Apartments | $1,207 | $775 | $3,200 |
Urbana 3 Bedroom Apartments | $1,309 | $875 | $2,900 |
Urbana 4 Bedroom Apartments | $1,236 | $780 | $3,360 |
Explore Urbana
Urbana, IL Local Guide
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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.
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 Studio Urbana Apartments
What is the Cheapest apartment in Urbana with Studio?
Currently the most affordable Studio in Urbana is at 205 Stoughton listed at $455.
How much is the average rent for a Studio Urbana Apartment?
The average rent for a Studio Apartment in Urbana is $1,235.
What is the largest available Studio Urbana Apartment for rent?
Today's apartment with the most square footage in Urbana is a 1,030 square feet unit starting from $455 at 205 Stoughton.
What is the average size for Urbana Studio Apartments for rent?
The average size for a Studio rental in Urbana is currently 405 sq ft.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.