
Cheap Apartments for Rent in Champaign, IL from $300 (142 Rentals)
Search the lowest-cost Apartments available for rent right now in Champaign.


913 W Church St

Westgate Apartments

617 W Springfield 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.

1001 Francis Dr

Carisbrooke Apartments

Rally - Free Parking Included

The Courtyard on Randolph

Town Center Apartments

608 E Chalmers
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.

Tuscany Ridge Townhomes

1407 S State St

The Inman by Royse + Brinkmeyer

Colony West

Midtown Center

Lincolnshire West

The Quarters

914-A Crescent St

Stonegate Village by Royse + Brinkmeyer

Colony Court

508 N Garfield Ave
The 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.
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.
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.
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 | $1,225 | $615 | $1,740 |
Cheap Champaign 1 Bedroom Apartments | $1,291 | $525 | $2,000 |
Cheap Champaign 2 Bedroom Apartments | $1,372 | $775 | $3,200 |
Cheap Champaign 3 Bedroom Apartments | $1,508 | $949 | $2,900 |
Cheap Champaign 4 Bedroom Apartments | $1,367 | $800 | $3,360 |
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: 09/07/2025Current 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 | $525 | 62 |
Downtown Champaign | $3,900 | $525 | 101 |
Midtown Champaign | $3,900 | $525 | 51 |
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. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $658. Here is today’s list of the most affordable Champaign apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
305JOH | Updated 4 Bed/THREE Bath apartment on the corne... | 4BR,3BA | $499 |
1002SEC | Remodeled Unit 4 Bed 2 Bath on Frat Park | 4BR,2BA | $658 |
105 E John St | One Bedroom | 1BR,1BA | $675 |
Parker Glen | 3 Bedroom | 3BR,2BA | $680 |
Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $750 |
Clark Street | The Lewis | 1BR,1BA | $750 |
Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
Bailey Student Apartments Available 2025! | 911 W Springfield | 1BR,1BA | $820 |
University Park | One Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Champaign, IL
As of September 07, 2025 the best value apartment in the Champaign area is the $1.03 price per square foot 705 W Healey St Model at 705 W Healey St, Unit 705 Healey in the in the Downtown Champaign neighborhood starting from $1,800. The second greatest value Champaign apartment is the C1 Model at 1008 S. 4th starting at $1,005 with a $0.75 price per square foot in the Downtown Champaign neighborhood. 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. |
---|---|---|---|
705 W Healey St, Unit 705 Healey | 705 W Healey St | 3BR,1.5BA | $1.03 |
1008 S. 4th | C1 | 3BR,2BA | $0.75 |
Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
608 E Chalmers | PRICE DROP! INDIVIDUAL LEASING! Brand New 3x3s ... | 3BR,3BA | $0.83 |
59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.97 |
The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
Lancaster Apartments | 3x1 | 3BR,1BA | $0.92 |
Quick 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 $825.
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 155 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 $1,477 which is $2,423 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.