
Apartments for Rent in Champaign, IL Under $700 (92 Rentals)


705 S 1st St

Healey Gardens

THE ALCOVE @ SECOND & JOHN

Pfeffer Apartments - NOW LEASING AUGUST 2026

607 W Green St

622 W Healey St

Parker Glen

202 W William St

907 N State 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.

1512 W Healey

57 E. Springfield Ave Champaign, IL

505 E Clark St

408 E Healey

Stoughton Street Apartments

103 E Chalmers St

107 E Springfield

Smith Apartments @ 1106 Second

Chateau Apartments

903 S Locust
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.

105 E John St

Chalmers Manor

Anthony Drive

806 S 3rd St

108 S 4th St

Smith Apartments @ 511 W Church

510 S Elm

207 S Fifth

1002SEC

1005 S 1st St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Colonial Apartments

Second & Daniel

511 W University Ave

306 E Clark St

Clark Street Studios

Smith Apartments @ 507 Church

205 E. Green

1106 Euclid St

Bankier Apartments

Prairie Place

Clark Street House

Smith Apartments @ 58 East Armory

502 E White St

Douglass Square Apartments

Lofts On Green

312 E White St

207 E Healey St

Woodcrest

Armory Manor

308 East Armory
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 | $1,491 | $615 | $2,290 |
| Champaign 1 Bedroom Apartments Under $700 | $1,340 | $445 | $2,419 |
| Champaign 2 Bedroom Apartments Under $700 | $1,400 | $685 | $2,600 |
| Champaign 3 Bedroom Apartments Under $700 | $1,470 | $600 | $2,900 |
| Champaign 4 Bedroom Apartments Under $700 | $1,519 | $635 | $3,800 |
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Champaign, IL Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
Centennial High School
Edison 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 $1,491.
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 $445 to $2,419 with an average monthly rent of $1,340.
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 $2,600. Today's average rental price for Two Bedrooms here is $1,400.
How expensive are Champaign Three Bedroom Apartments?
There are currently 158 Three Bedroom Apartments listings available in Champaign on ApartmentHomeLiving.com. The pricing ranges from $600 to $2,900 - averaging $1,470 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.