
Cheap Studio Apartments for Rent in Champaign, IL from $615 (36 Rentals)


Windcrest Apartments

1002SEC

The Inman by Royse + Brinkmeyer

Alley Lofts at The Pilot

Armory Manor

308 East Armory

312 E White St

1512 W Healey
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Clark Street House

Bankier Apartments

1106 Euclid St

108 S 4th St

Chalmers Manor

Anthony Drive

408 E Stoughton St

Illini Manor

609 W White St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

901 S 1st St

1103 Euclid St

605 Bloomington Rd

303 E Chalmers St

504 E Clark St

908 S First St

510 E Clark St

106 E Armory Ave

204 E Clark
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.

408 W Church St

503 E Stoughton

405 E Stoughton St

Element on Main

Eastland Apartments

705 W Elm St

902 S Lincoln Ave

712 W Elm St

Krannert View
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
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 | $1,508 | $615 | $2,470 |
| Champaign 1 Bedroom Apartments | $1,283 | $533 | $2,340 |
| Champaign 2 Bedroom Apartments | $1,458 | $599 | $2,655 |
| Champaign 3 Bedroom Apartments | $1,565 | $671 | $2,900 |
| Champaign 4 Bedroom Apartments | $1,429 | $580 | $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.
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 $875.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is 1002SEC which is listed at $680, 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

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.

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.