
Cheap Apartments for Rent in Champaign, IL from $450 (236 Rentals) Page 2 of 5
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

Clark Street House

Healey Gardens
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

108 S 4th St

510 S Elm

Smith Apartments @ 511 W Church

Anthony Drive

Chalmers Manor
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

605 Univerisity

913 W Church St.

606 S Prairie St

Champaign Park

608 E White St
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.

Green Street

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
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.

907SE

802 W Hill St

Barrington

The Village

Illini Manor

906 S Locust St

312 S State St

58 E Healey

Westwood Village

Pomona Drive Condos
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 | $1,573 | $450 | $2,470 |
| Cheap Champaign 1 Bedroom Apartments | $1,301 | $533 | $2,036 |
| Cheap Champaign 2 Bedroom Apartments | $1,471 | $450 | $2,787 |
| Cheap Champaign 3 Bedroom Apartments | $1,474 | $714 | $2,700 |
| Cheap Champaign 4 Bedroom Apartments | $1,382 | $637 | $3,300 |
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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 $650.
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 $1,303.
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 118 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 $1,147 which is $156 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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.