
Cheap Apartments for Rent in Champaign, IL from $300 (266 Rentals) Page 2 of 6
Search the lowest-cost Apartments available for rent right now in Champaign.


Armory Manor

308 East Armory

207 E Healey St

312 E White St

Lofts On Green

Douglass Square Apartments

1512 W Healey

Prairie Place

Clark Street House
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.

Bankier Apartments

1106 Euclid St

Smith Apartments @ 507 Church

511 W University Ave

Colonial Apartments

Smith Apartments @ 511 W Church

510 S Elm

108 S 4th St

Chalmers Manor

Anthony Drive
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.

105 E John St

903-909 S Locust St

Smith Apartments @ 1106 Second

103 E Chalmers St

Stoughton Street Apartments

913 W Church St.

606 S Prairie St

Champaign Park

608 E White St

Green Street
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.

408 E Stoughton St

Daniel Tower

510 Stoughton

Hessel on the Park

402 S 5th St

202 E Chalmers St

106 S 4th St

508 S Mattis Ave

202 East Springfield Avenue

Barrington
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.

The Village

Illini Manor

906 S Locust St

58 E Healey

709 W Church St

312 S State St

Westwood Village

Pomona Drive Condos

Clark Street

609 W White St
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 | $1,508 | $615 | $2,470 |
| Cheap Champaign 1 Bedroom Apartments | $1,283 | $533 | $2,340 |
| Cheap Champaign 2 Bedroom Apartments | $1,458 | $599 | $2,655 |
| Cheap Champaign 3 Bedroom Apartments | $1,565 | $671 | $2,900 |
| Cheap Champaign 4 Bedroom Apartments | $1,429 | $580 | $3,800 |
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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 $875.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is Parker Glen which is listed at $533, while the average apartment in Champaign costs $2,020.
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 51 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 $1,233 which is $787 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.