
Cheap 2 Bedroom Apartments for Rent in Champaign, IL from $450 (120 Rentals) Page 2 of 3


907SE

Healey Townhomes

Regency West

405 Stoughton

1008 N Mckinley Ave

Victoria Point

57 E John St

State & Cedar

Wellington Place
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.

Providence at Thornberry

1019 W Bradley Ave

1411 Greenbriar Dr

1703 W Union St

301 E Clark St

Chalmers Manor

55 East Healey Street

219 S Locust St

Chateau Apartments

Lando Place
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

511 E White St

209 E Clark

608 E Chalmers

408 E Stoughton St

Town & Country Apartments

University Park

Element on Main

202 Race

Bailey Student Apartments Available 2026!

503 S Urbana Ave
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.

Kobuck Apartments

102 N Lincoln Ave

308GRE

Krannert View

809 W Stoughton

209 N Coler Ave

Willowbrook Apartments

102 N Gregory St

1102 W Stoughton St

505 S Busey Ave
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.

Michigan East - Campus Property Management

706 S Walnut St

804 W Illinois

Gregory Place West

101 N Busey Ave

402 N Gregory St

901 W Springfield Ave

705 W Elm St

808 N Lincoln Ave. Urbana, IL

813 W Main
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.
Champaign, IL Local Guide

How much does it cost to rent an apartment in Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Champaign Studio Apartments | $1,573 | $450 | $2,470 |
| Champaign 1 Bedroom Apartments | $1,295 | $533 | $2,036 |
| Champaign 2 Bedroom Apartments | $1,478 | $450 | $2,787 |
| Champaign 3 Bedroom Apartments | $1,474 | $714 | $2,700 |
| Champaign 4 Bedroom Apartments | $1,382 | $637 | $3,300 |
Browse Top Apartments in Champaign
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Frequently Asked Questions about Cheap Champaign Apartments
What is a cheap apartment in Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign is under $650.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is 308GRE which is listed at $450, while the average apartment in Champaign costs $1,301.
What types of apartments are the cheapest in Champaign?
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 118 regular apartments in Champaign 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?
Cheap apartments in Champaign have an average cost of $1,141 which is $160 cheaper than the average rent for all rentals in Champaign.
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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.

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.