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$499 - $1,305Built in 20171 to 3 Bedroom Apartments Available Now
Parker Glen
2501 N Neil StChampaign, IL 61820
Cheap New Apartments for Rent in Champaign, IL from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Champaign.
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$1,175 - $1,750Built in 2026Studio to 2 Bedroom Apartments Available Sep 17
Alley Lofts at The Pilot
312 S Prairie StChampaign, IL 61820
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$1,295Built in 20241 Bedroom Apartments Contact Us For Availability
214 E Clark St
214 E Clark StChampaign, IL 61820
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$1,335 - $1,595Built in 20261 to 2 Bedroom Apartments Available Jul 15
2414 N Neil
2414 N Neil StChampaign, IL 61820
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Built in 2021Studio to 4 Bedroom Apartments
309 E Springfield Ave (New Construction)
309 E Springfield AveChampaign, IL 61820
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Built in 2021Studio to 2 Bedroom Apartments
303 E Chalmers St
303 E Chalmers StChampaign, IL 61820
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Built in 20161 to 4 Bedroom Apartments
Providence at Thornberry
3800 Colleen DrChampaign, IL 61822
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Built in 2016Studio to 4 Bedroom Apartments
106 E Armory Ave
106 E Armory AveChampaign, IL 61820
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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Built in 2025Studio to 4 Bedroom Apartments
608 E Chalmers
608 E Chalmers StChampaign, IL 61820
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Built in 2018Studio to 4 Bedroom Apartments
209 E University Ave
209 E University AveChampaign, IL 61820
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Built in 2020Studio to 2 Bedroom Apartments
402 W Church St
402-408 W Church StChampaign, IL 61820
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Built in 2022Studio to 2 Bedroom Apartments
609 South Randolph Street
609 S Randolph StChampaign, IL 61820
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Built in 2021Studio to 4 Bedroom Apartments
Hub Champaign
812 S 6th StChampaign, IL 61820
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Built in 20201 to 2 Bedroom Apartments
302 E Clark St
302 E Clark StChampaign, IL 61820
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Built in 20171 to 2 Bedroom Apartments
134 - 217 S Neil
217 S Neil StChampaign, IL 61820
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Built in 20161 to 2 Bedroom Apartments
213 W Green St
213 W Green StChampaign, IL 61820
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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Built in 20171 to 2 Bedroom Apartments
201 W Green St
201 W Green StChampaign, IL 61820
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Built in 2023Studio to 4 Bedroom Apartments
112 E John St
112 E John StChampaign, IL 61820
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Built in 20261 Bedroom Apartments
Parkview Apartments Available Summer 2026
412 W Church StChampaign, IL 61820
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Built in 20251 Bedroom Apartments
404 E Clark St
404 E Clark StChampaign, IL 61820
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Built in 2024Studio to 3 Bedroom Apartments
405 E Stoughton St
405 E Stoughton StChampaign, IL 61820
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Built in 20191 to 2 Bedroom Apartments
122 W Hill St
122 W Hill StChampaign, IL 61820
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$1,050 - $1,595Built in 2016Studio to 2 Bedroom Apartments Available Now
Eastland Apartments
1905 N Cunningham AveUrbana, IL 61802
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$1,300 - $1,550Built in 20161 to 2 Bedroom Apartments Available Jul 17
The Courtyards @ Prairie Fields
109 Hampshire RdSavoy, IL 61874
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.
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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 | $1,454 | $615 | $2,290 |
| Champaign 1 Bedroom Apartments | $1,299 | $499 | $2,200 |
| Champaign 2 Bedroom Apartments | $1,387 | $685 | $2,645 |
| Champaign 3 Bedroom Apartments | $1,489 | $600 | $2,900 |
| Champaign 4 Bedroom Apartments | $1,464 | $635 | $3,800 |
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
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Don'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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Westview Elementary School
Champaign Community Unit School District 4
Public School - Grades K-5 (432)
6 out of 10
Centennial High School
Champaign Community Unit School District 4
Public School - Grades 9-12 (1389)
5 out of 10
Jefferson Middle School
Champaign Community Unit School District 4
Public School - Grades 6-8 (705)
6 out of 10
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
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 $850.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is Parker Glen which is listed at $499, while the average apartment in Champaign costs $2,005.
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 54 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 $1,150 which is $855 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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.