
Cheap 2 Bedroom Apartments for Rent in the Downtown Champaign Neighborhood of Champaign, IL from $450 (38 Rentals)


Garden Court

Windcrest Apartments

Yugo Champaign South 3rd Lofts

Total Monthly Price
The Courtyard on Randolph

Total Monthly Price
211 W Eureka St, Unit 1E

Midtown Center

905 South Locust Street

706 S Locust St
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

510 S Elm

Healey Gardens

103 E Chalmers St

510 Stoughton

Hessel on the Park

Clark Street House

Douglass Square Apartments

106 S 4th St

Green Street
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.

108 S 4th St

Clark Street

312 E White St

711 W Church St

608 E White St

212 W Healey St

907SE

405 Stoughton

Healey Townhomes
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.

1008 N Mckinley Ave

57 E John St

State & Cedar

1019 W Bradley Ave

Krannert View

1102 W Stoughton St

1010 W Stoughton

Gregory Place West

1113 W Hill 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.

913 N Gregory St

Townsend Hall
Downtown Champaign, Champaign, IL Local Guide

How much does it cost to rent an apartment in Downtown Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Champaign Studio Apartments | $1,591 | $450 | $2,470 |
| Downtown Champaign 1 Bedroom Apartments | $1,357 | $575 | $2,029 |
Downtown Champaign 2 Bedroom Apartments | $1,479 | $450 | $2,385 |
| Downtown Champaign 3 Bedroom Apartments | $1,598 | $899 | $2,900 |
| Downtown Champaign 4 Bedroom Apartments | $1,462 | $799 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Downtown Champaign Neighborhood of Champaign, IL.
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Downtown Champaign, Champaign, IL Local Guide
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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.
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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.
Best Local Schools in Downtown Champaign, Champaign, IL
Central High School
Edison Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Champaign Apartments
What is a cheap apartment in Downtown Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Champaign is under $829.
What is the price of a cheap apartment in Downtown Champaign?
The cheapest apartment in Downtown Champaign is 1012 S 1st St which is listed at $450, while the average apartment in Downtown Champaign costs $1,419.
What types of apartments are the cheapest in Downtown 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 81 regular apartments in Downtown 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 Downtown Champaign?
Cheap apartments in Downtown Champaign have an average cost of $1,210 which is $209 cheaper than the average rent for all rentals in Downtown 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

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.

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.