Cheap Homes for Rent in Champaign County, IL from $400 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

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.

Read Article

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.

Read Article
Showing Results 1-24, 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. THE ALCOVE @ SECOND & JOHN in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $575. 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
THE ALCOVE @ SECOND & JOHN3 Bedroom 1 Bath3BR,1BA$575
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$625
1002SECFall 2026 Leasing – 4-Bedroom, 2-Bath4BR,2BA$658
Golfview VillageThe Gilmore2BR,1BA$740

Best Value Apartments for Rent in Champaign County, IL

As of December 20, 2025 the best value apartment in the Champaign County area is the $0.70 price per square foot 3 Bedroom 1893 sf Model at Wellington Place in the starting from $1,330. The second greatest value Champaign County apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 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.
Wellington Place3 Bedroom 1893 sf3BR,1.5BA$0.70
Southwest Apartments2517 Leeper Dr2BR,1.5BA$1.00
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$1.01
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.80
59JOH3 Bed, 2 Bath @ John & First St.3BR,2BA$0.42
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Pfeffer Apartments - NOW LEASING AUGUST 2026Shared Apartment Individual Lease1BR,1BA$0.58
702 W Green St, Unit 3702 W Green St3BR,1BA$1.00
Golfview VillageThe Gilmore2BR,1.5BA$0.74
425 E Campbell Ave, Unit H425 E Campbell Ave2BR,1BA$0.85

Frequently Asked Questions about Champaign County

What type of rentals are currently available in Champaign County?

There are currently 682 Apartments for Rent in Champaign County, IL with pricing that ranges from $518 to $3,800. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign County ranging from $425 to $7,000.

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 $425 to $7,000 with an average monthly rent of $2,712.

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 $575 to $3,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $835.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.