
Cheap Apartments for Rent in the Campustown IL Neighborhood of Champaign, IL from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Campustown IL area of Champaign.


906 S Locust St

The Courtyard on Randolph

57-63 W John St

706 S Locust St

304 E Clark - OFFBOARD 12/18/2025

207 E Healey St

312 E White St

Bankier Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1002SEC

903 S Locust

108 S 4th St

Chalmers Manor

105 E John St

103 E Chalmers

Stoughton Street Apartments

304 E Daniel

608 E White
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.

408 E Stoughton St

402 S Fifth

510 E Stoughton

202 E Chalmers

202 East Springfield Avenue

The Village

Illini Manor

58 E Healey

408 E Springfield
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.

110 E John St.

309 E Springfield Ave (New Construction)

205 E Healey St

901 S 1st St

204 E Clark

508 S First St

503 E. Springfield

608 S State Street

212 W Healey 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.

55 E Healey St

507 E Clark

303 E Chalmers St

504 E Clark

Lando Place

601 E Clark

510 E Clark

Hub Champaign

608 E Chalmers
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.

810 S Oak
Campustown IL, Champaign, IL Local Guide

How much does it cost to rent an apartment in Campustown IL?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Campustown IL Studio Apartments | $1,826 | $1,235 | $2,290 |
| Campustown IL 1 Bedroom Apartments | $1,627 | $575 | $2,280 |
| Campustown IL 2 Bedroom Apartments | $1,413 | $625 | $2,180 |
| Campustown IL 3 Bedroom Apartments | $1,269 | $575 | $2,900 |
| Campustown IL 4 Bedroom Apartments | $1,450 | $835 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Campustown IL Neighborhood of Champaign, IL.
See all Apartments in ChampaignExplore Champaign
Cheapest Available Campustown IL Apartments for Rent
 The cheapest available apartment rental in the Campustown IL area of Champaign, IL is a 4 Beds unit found at 305JOH priced from $499. 1002SEC has the second lowest priced unit, which is a 4 Beds apartment currently listed from $658. Here are the most affordable Campustown IL apartments for rent in Champaign, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Spacious 4 Bed/3 Bath Apartment on the corner o... | 4BR,3BA | $499 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $658 |
| 58 E Healey | 58 E Healey - 309 | 1BR,1BA | $825 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $895 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $925 |
| 608 S State Street | 608 S State Street - B | 1BR,1BA | $950 |
| West Quad | 4BR/4BA - Terrace Deluxe | 4BR,4BA | $1,009 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $1,060 |
| 810 S Oak | 810 S Oak - 11 | 2BR,1BA | $1,100 |
| 911 S Locust St | 911 S Locust St - 307 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Campustown IL, IL
As of January 11, 2026 the best value apartment in the Campustown IL area is the $0.42 price per square foot 3 Bed, 2 Bath @ John & First St. Model at 59JOH in the in the Downtown Champaign neighborhood starting from $435. The second greatest value Campustown IL apartment is the Shared Apartment Individual Lease Model at Pfeffer Apartments - NOW LEASING AUGUST 2026 starting at $575 with a $0.58 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Campustown IL apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
| Pfeffer Apartments - NOW LEASING AUGUST 2026 | Shared Apartment Individual Lease | 1BR,1BA | $0.58 |
| 134 - 217 S Neil | 2-Bedroom Apartment in Downtown Champaign - Flo... | 2BR,2BA | $1.82 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
| Seven07 | 2BR/2BA - Type 3 | 2BR,2BA | $1.82 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.19 |
| Maywood Apartments | 2x1 | 2BR,1BA | $1.30 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| Burnham 310 | B1 | 2BR,1BA | $1.41 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $1.53 |
Frequently Asked Questions about Cheap Campustown IL Apartments
What is the price of a cheap apartment in Campustown IL?
The cheapest apartment in Campustown IL is 58 E Healey which is listed at $825, while the average apartment in Campustown IL costs $1,860.
What types of apartments are the cheapest in Campustown IL?
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 28 regular apartments in Campustown IL 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 Campustown IL?
Cheap apartments in Campustown IL have an average cost of $1,345 which is $515 cheaper than the average rent for all rentals in Campustown IL.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!