
Cheap Apartments for Rent in Champaign, IL from $300 (167 Rentals)
Search the lowest-cost Apartments available for rent right now in Champaign.


907 N State St

Westgate Apartments

617 W Springfield Ave

Carisbrooke Apartments
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.

4506 Boll Ln

306 W Washington St

906 S Locust St

Rally - Free Parking Included

The Courtyard on Randolph

Town Center Apartments

Tuscany Ridge Townhomes

The Brickstone
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.

914-A Crescent St

The Inman by Royse + Brinkmeyer

Colony West

Midtown Center

1407 S State St

Lincolnshire West

The Quarters

508 N Garfield Ave

Stonegate Village by Royse + Brinkmeyer
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.

Colony Court
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.
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.
Champaign, IL Local Guide

How much does it cost to rent an apartment in Champaign?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Champaign Studio Apartments | $1,559 | $625 | $2,490 |
Cheap Champaign 1 Bedroom Apartments | $1,356 | $575 | $2,480 |
Cheap Champaign 2 Bedroom Apartments | $1,384 | $775 | $3,200 |
Cheap Champaign 3 Bedroom Apartments | $1,493 | $895 | $4,080 |
Cheap Champaign 4 Bedroom Apartments | $1,306 | $479 | $4,000 |
Browse Top Apartments in Champaign
See all Apartments in ChampaignExplore Champaign
Champaign, IL Local Guide

- Champaign Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Champaign, IL
Pricing Updated: 10/22/2025Current apartment rentals in the Champaign, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Champaign Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Campustown IL | $3,900 | $575 | 61 |
Downtown Champaign | $3,900 | $575 | 95 |
Midtown Champaign | $3,900 | $575 | 50 |
Cheapest Available Champaign Apartments for Rent
 The cheapest available apartment rental in Champaign, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. Parker Glen has the second lowest priced unit, which is a 3 Beds apartment currently listed from $525. Here is today’s list of the most affordable Champaign apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
305JOH | 305 John 4 Bedroom | 4BR,3BA | $499 |
Parker Glen | 3 Bedroom | 3BR,2BA | $525 |
107 E Springfield | 2-bedroom close to Scott Park! Text to tour 217... | 2BR,1BA | $649 |
1002SEC | Remodeled Unit 4 Bed 2 Bath on Frat Park | 4BR,2BA | $658 |
105 E John St | One Bedroom | 1BR,1BA | $675 |
Clark Street | The Lewis | 1BR,1BA | $750 |
Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $775 |
Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
712 W Elm St | 712 W Elm St - 712-... | Studio,1BA | $800 |
Best Value Apartments for Rent in Champaign, IL
As of October 22, 2025 the best value apartment in the Champaign area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Champaign 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 apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
519 E. Green St by Bankier Apartments | 2 bed 2 bath - 519 E. Green St | 2BR,2BA | $1.10 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.65 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large | 2BR,1BA | $1.08 |
Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Champaign Overview
Located in Champaign County lies the town of Champaign, IL. This town shares the University of Illinois campus with its sister city Urbana. Filled with students there is always something interesting going on around the city. You will never get bored, living in one of our pretty apartments in Champaign.
Why live in Champaign, IL?
This town has a small town feel to it, because the ambiance of the place vibrates with friendliness and enthusiasm. Some think it is college students, who seem to bring so much energy to the place. You will experience so many things to do without even leaving the city. If you enjoy an upbeat atmosphere, you will be delighted in one of our Champaign apartments.
Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Centennial High School
Edison Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Champaign, IL Rentals by Map
See the most popular apartments and homes in Champaign, IL
Getting Around Champaign, IL
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $800.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is 105 E John St which is listed at $675, while the average apartment in Champaign costs $3,900.
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 157 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 $1,639 which is $2,261 cheaper than the average rent for all rentals in Champaign.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.