Cheap Apartments for Rent in Champaign County, IL from $300 (197 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Champaign County.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-50, Page 1 of 4

Cheapest Available Champaign County Apartments for Rent

 

The cheapest available apartment rental in Champaign County, IL is a 1 Bed unit found at Parker Glen II priced from $389. Parker Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $533. Here is today’s list of the most affordable Champaign County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen II1 Bedroom1BR,1BA$389
Parker Glen1Bdrm1BR,1BA$533
1012 S 1st StIndividual Lease2BR,1BA$550
813 W Springfield1 Space left! Fall lease, two bed one bath apar...2BR,1BA$559
106 S GregoryFall lease, four bed two bath apartment in Grad...4BR,2BA$599
708 North Lincoln Street708 North Lincoln Street - 81BR,1BA$675
1002SECFlexible Bedroom LeasesStudio,2BA$680
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725

Best Value Apartments for Rent in Champaign County, IL

As of August 19, 2026 the best value apartment in the Champaign County area is the $0.61 price per square foot 5 Bed Spaces Left! Fall lease, four bed two bat... Model at 606 E Stoughton in the in the Downtown Champaign neighborhood starting from $749. The second greatest value Champaign County apartment is the 4x2 Model at Onyx Apartments starting at $655 with a $0.55 price per square foot . Here is today’s list of the best values for Champaign County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
606 E Stoughton5 Bed Spaces Left! Fall lease, four bed two bat...4BR,2BA$0.61
Onyx Apartments4x24BR,2BA$0.55
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$0.70
The Linc Apartments3x33BR,3BA$0.65
Campus OaksFloorplan A - Price per person4BR,2BA$0.70
202 E. Green St by Bankier Apartments4BR/3BA4BR,3BA$0.79
106 S GregoryFall lease, four bed two bath apartment in Grad...4BR,2BA$0.64
The MansionIndividual Bedroom Leases3BR,1BA$0.61
Parker Glen1Bdrm1BR,1BA$0.72
Parker Glen II1 Bedroom1BR,1BA$0.55

Frequently Asked Questions about Cheap Champaign County Apartments

What is a cheap apartment in Champaign County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign County is under $725.

What is the price of a cheap apartment in Champaign County?

The cheapest apartment in Champaign County is Parker Glen II which is listed at $389, while the average apartment in Champaign County costs $1,300.

What types of apartments are the cheapest in Champaign County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 87 regular apartments in Champaign County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Champaign County?

Cheap apartments in Champaign County have an average cost of $809 which is $491 cheaper than the average rent for all rentals in Champaign County.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.