
Cheap Apartments for Rent in Champaign, IL from $300 with Washer/Dryer (110 Rentals)
Search the lowest-cost Apartments available for rent right now in Champaign.


Carisbrooke Apartments

Southwest Apartments

Colonial Village

Town Center Apartments

Park Vista

Midtown Center

1805 W William St, Unit A

Total Monthly Price
Colony Court

Alley Lofts at The Pilot
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.

905 South Locust Street

The Cove At Boulder Ridge

Watersedge

Total Monthly Price
Colony West

214 E Clark St

Hunters Pond Apartment Homes

Total Monthly Price
512 E John St, Unit One and a half

The Quarters

2414 N Neil

2127 Melrose Dr, Unit B
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.

The Legends

Lincolnshire West

Tuscany Ridge Townhomes

706 S Locust St

The Gardens at 304 E Clark

308 East Armory

312 E White St

Bankier Apartments

1106 Euclid St

Colonial Apartments
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.

Chalmers Manor

903-909 S Locust St

608 E White St

510 Stoughton

Hessel on the Park

202 E Chalmers St

Barrington

Pomona Drive Condos

110 E John St.

205 E Healey St
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.

1103 Euclid St

Regency West

The Dodsworth

503 E. Springfield

55 E Healey St

Lincolnshire Townhomes

303 E Chalmers St

108 S 5th St

Lando Place

601-603 E Clark St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,464 | $615 | $2,290 |
| Champaign 1 Bedroom Apartments | $1,325 | $499 | $2,200 |
| Champaign 2 Bedroom Apartments | $1,437 | $685 | $2,655 |
| Champaign 3 Bedroom Apartments | $1,532 | $785 | $2,900 |
| Champaign 4 Bedroom Apartments | $1,524 | $635 | $3,800 |
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleReal 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.
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, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Westview Elementary School
Centennial High School
Jefferson 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
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 $895.
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 $2,009.
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 49 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 $1,167 which is $842 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.