
Apartments for Rent in Champaign, IL Under $700 (86 Rentals)


Windcrest Apartments

705 S 1st St

Healey Gardens

Pfeffer Apartments - NOW LEASING AUGUST 2026

THE ALCOVE @ SECOND & JOHN

Total Monthly Price
506 E. White Champaign

Parker Glen

59JOH

Total Monthly Price
622 W Healey 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.

1512 W Healey

607 W Green St

505 E Clark St

Stoughton Street Apartments

103 E Chalmers St

Smith Apartments @ 1106 Second

Chateau Apartments

903-909 S Locust St

105 E John St

Chalmers Manor
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.

Anthony Drive

806 S 3rd St

108 S 4th St

510 S Elm

Smith Apartments @ 511 W Church

207 S Fifth

Colonial Apartments

1005 S 1st St

511 W University Ave

306 E Clark St
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.

205 E. Green

1106 Euclid St

Smith Apartments @ 507 Church

Clark Street Studios

Bankier Apartments

Clark Street House

Prairie Place

Smith Apartments @ 58 East Armory

Douglass Square Apartments

502 E White St

Lofts On Green

312 E White St

207 E Healey St

Woodcrest

Armory Manor

308 East Armory

Smith Apartments @ 201 East Armory

305JOH

The Gardens at 304 E Clark

Smith Apartments @ 1004 South Locust
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 Under $700 | $1,464 | $615 | $2,290 |
| Champaign 1 Bedroom Apartments Under $700 | $1,325 | $499 | $2,200 |
| Champaign 2 Bedroom Apartments Under $700 | $1,437 | $685 | $2,655 |
| Champaign 3 Bedroom Apartments Under $700 | $1,532 | $785 | $2,900 |
| Champaign 4 Bedroom Apartments Under $700 | $1,524 | $635 | $3,800 |
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Champaign, IL Local Guide
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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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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!
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Frequently Asked Questions about Champaign
How much are Studio apartments in Champaign?
There are currently 98 Studio Apartments in Champaign with rent ranges from $615 to $2,290 with an average price of $1,464.
What is the current price range for One Bedroom Champaign Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Champaign ranges from $499 to $2,200 with an average monthly rent of $1,325.
What does renting a Two Bedroom Apartment in Champaign cost?
The monthly rent prices of Two Bedroom Apartments currently available in Champaign range from $685 to $2,655. Today's average rental price for Two Bedrooms here is $1,437.
How expensive are Champaign Three Bedroom Apartments?
There are currently 161 Three Bedroom Apartments listings available in Champaign on ApartmentHomeLiving.com. The pricing ranges from $785 to $2,900 - averaging $1,532 for the location.
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.