Cheap Homes for Rent in Champaign County, IL from $400 (40 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.

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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.

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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.

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property at 309 W Springfield Ave

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

309 W Springfield Ave

ChampaignIL61820
property at 2209 Philo Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available May 3

2209 Philo Rd

UrbanaIL61802

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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.

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Showing Results 1-40, Page 1 of 1

Cheapest Available Champaign County Apartments for Rent

 

The cheapest available apartment rental in Champaign County, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. 106 S Gregory has the second lowest priced unit, which is a 4 Beds apartment currently listed from $639. Here is today’s list of the most affordable Champaign County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
305JOHSpacious 4 Bed/3 Bath Apartment on the corner o...4BR,3BA$499
106 S GregorySpring lease, four bed two bath apartment in Gr...4BR,2BA$639
1002SECFall 2026 Leasing – 4-Bedroom, 2-Bath4BR,2BA$658
207 S FifthAVAILABLE NOW! Unit 203 Bedroom B Cozy 4x2 Uppe...4BR,2BA$659
107 E SpringfieldSpring semester move in, two bed one bath apart...2BR,1BA$709
Bailey Student Apartments Available 2026!901 W Springfield1BR,1BA$750
Golfview VillageThe Gilmore2BR,1BA$750
Urbana Estates1x1Urbana Estates1BR,1BA$800
Twin Oaks2423 W. Bradley Ave1BR,1BA$800

Best Value Apartments for Rent in Champaign County, IL

As of April 14, 2026 the best value apartment in the Champaign County area is the $0.80 price per square foot Fall lease, four bed four bath apartment in Qua... Model at 608 E Chalmers in the in the Downtown Champaign neighborhood starting from $1,060. The second greatest value Champaign County apartment is the Three Bedroom Townhome Model at Falcon Way Townhomes starting at $827 with a $0.75 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.
608 E ChalmersFall lease, four bed four bath apartment in Qua...4BR,4BA$0.80
Falcon Way TownhomesThree Bedroom Townhome3BR,1BA$0.75
59JOH4 Bedroom Apartment @ First & John: Available N...4BR,3BA$0.46
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Pfeffer Apartments - NOW LEASING AUGUST 2026Shared Apartment Individual Lease1BR,1BA$0.58
Golfview VillageThe Gilmore2BR,1.5BA$0.75
The Linc Apartments2x22BR,2BA$0.88
207 S FifthAVAILABLE NOW! Unit 203 Bedroom B Cozy 4x2 Uppe...4BR,2BA$0.69
106 S GregorySpring lease, four bed two bath apartment in Gr...4BR,2BA$0.69
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 708 Apartments for Rent in Champaign County, IL with pricing that ranges from $445 to $3,800. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign County ranging from $425 to $6,200.

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 $425 to $6,200 with an average monthly rent of $2,731.

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 $600 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $425 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $675.

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

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.