Cheap Homes for Rent in Champaign County, IL from $500 (26 Rentals)

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

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.

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.

property at 1106 Heather Dr

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 2 Bath Condo for Rent

Available Aug 21

1106 Heather Dr, Unit 1

1106 Heather Dr
MahometIL61853

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 1113 W Hill St

$1,050 - $2,200

2 To 5 Bedroom Rentals

Available Aug 7

1113 W Hill St

UrbanaIL61801

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 priced from $533. 305JOH in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $590. Here is today’s list of the most affordable Champaign County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
305JOHSpacious 4 Bed/3 Bath Apartment on the corner o...4BR,3BA$590
708 North Lincoln Street708 North Lincoln Street - 81BR,1BA$675
1002SECFall 2026 Leasing – 4-Bedroom, 2-Bath4BR,2BA$699
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
2008 S Vawter St4 Beds4BR,2BA$800
Urbana Estates1x1Urbana Estates1BR,1BA$800
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
312 S State St1 Beds, 1 Baths1BR,1BA$825
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR,1BA$825

Best Value Apartments for Rent in Champaign County, IL

As of July 15, 2026 the best value apartment in the Champaign County area is the $0.68 price per square foot South Pointe 5bd/3.0ba Townhouse Model at South Pointe Commons in the starting from $1,197. The second greatest value Champaign County apartment is the D1 Model at Campus Circle Urbana starting at $839 with a $0.60 price per square foot in the Downtown Champaign neighborhood. 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.
South Pointe CommonsSouth Pointe 5bd/3.0ba Townhouse5BR,3BA$0.68
Campus Circle UrbanaD14BR,4BA$0.60
Park Place2 Bedroom Unit2BR,2BA$1.00
The Dean CampustownD34BR,4BA$0.93
The Linc Apartments3x33BR,3BA$0.57
59JOH4 Bedroom Apartment @ First & John: Available N...4BR,3BA$0.46
Pfeffer Apartments - NOW LEASING AUGUST 2026Shared Apartment Individual Lease1BR,1BA$0.58
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
202 E. Green St by Bankier Apartments4BR/3BA4BR,3BA$0.82
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80

Frequently Asked Questions about Champaign County

What type of rentals are currently available in Champaign County?

There are currently 724 Apartments for Rent in Champaign County, IL with pricing that ranges from $529 to $3,800. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign County ranging from $595 to $5,000.

What is the current price range for Rental Homes in Champaign County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Champaign County ranges from $595 to $5,000 with an average monthly rent of $1,808.

How much are larger Three and Four Bedroom Rentals in Champaign County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Champaign County range from $655 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $960 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $529.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.