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$615 - $735Studio to 2 Bedroom Apartments Contact Us For Availability
Healey Gardens
607-611 W Healey StChampaign, IL 61820
Cheap Apartments for Rent in the Downtown Champaign Neighborhood of Champaign, IL from $300 (103 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Champaign area of Champaign.
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$650 - $950Studio to 2 Bedroom Apartments Available Now
Windcrest Apartments
404 Edgebrook DrChampaign, IL 61820
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$6994 Bedroom Apartments Available Now
1002SEC
1002 S 2nd StChampaign, IL 61820
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$7101 Bedroom Apartments Contact Us For Availability
605 Univerisity
605 W University AveChampaign, IL 61820
132 E University Ave
ChampaignIL61820
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$8952 Bedroom Apartments Available Aug 19
Garden Court
1001-1021 Francis DrChampaign, IL 61821
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$9251 Bedroom Apartments Available Now
Rally - Free Parking Included
305 E Clark StChampaign, IL 61820
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$925 - $990
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2 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$925 - $990
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The Courtyard on Randolph
713-717 S Randolph StChampaign, IL 61820
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$970 - $1,380Studio to 2 Bedroom Apartments Available Now
The Inman by Royse + Brinkmeyer
17 E University AveChampaign, IL 61820
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$1,095 - $1,5001 to 3 Bedroom Apartments Contact Us For Availability
Midtown Center
303 W Green StChampaign, IL 61820
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,175 - $1,750Studio to 2 Bedroom Apartments Available Sep 17
Alley Lofts at The Pilot
312 S Prairie StChampaign, IL 61820
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$1,1952 Bedroom Apartments Contact Us For Availability
905 South Locust Street
905 S Locust StChampaign, IL 61820
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Studio to 2 Bedroom Apartments
706 S Locust St
706 S Locust StChampaign, IL 61820
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2 to 4 Bedroom Apartments
The Gardens at 304 E Clark
304 E Clark StChampaign, IL 61820
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Studio to 4 Bedroom Apartments
308 East Armory
308 E Armory AveChampaign, IL 61820
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Studio Apartments
Armory Manor
307 E Armory AveChampaign, IL 61820
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1 Bedroom Apartments
207 E Healey St
207-209 E Healey StChampaign, IL 61820
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Studio to 3 Bedroom Apartments
312 E White St
312 E White StChampaign, IL 61820
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1 Bedroom Apartments
Lofts On Green
409 W Green StChampaign, IL 61820
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1 to 4 Bedroom Apartments
Douglass Square Apartments
414 Nathaniel Burch DrChampaign, IL 61820
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.
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1 to 2 Bedroom Apartments
Prairie Place
310-316 S Prairie StChampaign, IL 61820
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Studio to 3 Bedroom Apartments
Clark Street House
613 W Healey StChampaign, IL 61820
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Studio to 2 Bedroom Apartments
Bankier Apartments
805 S 4th StChampaign, IL 61820
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Studio to 4 Bedroom Apartments
1106 Euclid St
1106 Euclid StChampaign, IL 61820
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1 Bedroom Apartments
Smith Apartments @ 507 Church
507 W Church StChampaign, IL 61820
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1 Bedroom Apartments
511 W University Ave
511 W University AveChampaign, IL 61820
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1 to 2 Bedroom Apartments
Smith Apartments @ 511 W Church
511 W Church StChampaign, IL 61820
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Studio to 2 Bedroom Apartments
108 S 4th St
108 S 4th StChampaign, IL 61820
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2 Bedroom Apartments
510 S Elm
510 S Elm StChampaign, IL 61820
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Studio to 2 Bedroom Apartments
Chalmers Manor
105 E Chalmers StChampaign, IL 61820
Cash 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.
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1 to 2 Bedroom Apartments
105 E John St
105 E John StChampaign, IL 61820
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3 Bedroom Apartments
903-909 S Locust St
903-909 S Locust StChampaign, IL 61820
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1 Bedroom Apartments
Smith Apartments @ 1106 Second
1106 S 2nd StChampaign, IL 61820
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1 to 3 Bedroom Apartments
103 E Chalmers St
103 E Chalmers StChampaign, IL 61820
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1 Bedroom Apartments
Stoughton Street Apartments
203 E Stoughton StChampaign, IL 61820
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1 Bedroom Apartments
913 W Church St.
913 W Church StChampaign, IL 61821
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1 Bedroom Apartments
606 S Prairie St
606 S Prairie StChampaign, IL 61820
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2 to 3 Bedroom Apartments
608 E White St
608 E White StChampaign, IL 61820
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1 to 2 Bedroom Apartments
Green Street
507-509 W Green StChampaign, IL 61820
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Studio to 2 Bedroom Apartments
408 E Stoughton St
408 E Stoughton StChampaign, IL 61820
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.
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4 Bedroom Apartments
Daniel Tower
304 E Daniel StChampaign, IL 61820
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2 Bedroom Apartments
510 Stoughton
510 E Stoughton StChampaign, IL 61820
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2 Bedroom Apartments
Hessel on the Park
1601-1862 Valley RdChampaign, IL 61820
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3 Bedroom Apartments
402 S 5th St
402 S 5th StChampaign, IL 61820
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Studio to 4 Bedroom Apartments
202 E Chalmers St
202 E Chalmers StChampaign, IL 61820
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1 to 2 Bedroom Apartments
106 S 4th St
106 S 4th StChampaign, IL 61820
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1 Bedroom Apartments
202 East Springfield Avenue
202 E Springfield AveChampaign, IL 61820
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Studio to 4 Bedroom Apartments
906 S Locust St
906 S Locust StChampaign, IL 61820
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Studio to 1 Bedroom Apartments
Illini Manor
401 E Chalmers StChampaign, IL 61820
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1 Bedroom Apartments
The Village
601-607 E White StChampaign, IL 61820
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.
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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 | $1,529 | $615 | $2,470 |
| Downtown Champaign 1 Bedroom Apartments | $1,505 | $575 | $2,340 |
| Downtown Champaign 2 Bedroom Apartments | $1,472 | $685 | $2,385 |
| Downtown Champaign 3 Bedroom Apartments | $1,497 | $859 | $2,900 |
| Downtown Champaign 4 Bedroom Apartments | $1,486 | $699 | $3,800 |
| Downtown Champaign 5 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Downtown Champaign Neighborhood of Champaign, IL.
See all Apartments in ChampaignExplore Champaign
Downtown Champaign, Champaign, IL Local Guide
- Nearby Champaign neighborhoods
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Cheapest Available Downtown Champaign Apartments for Rent
The cheapest available apartment rental in the Downtown Champaign area of Champaign, IL is a 4 Beds unit found at 305JOH priced from $590. 1002SEC has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable Downtown Champaign 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 | $590 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $699 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| 312 S State St | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| 58 E Healey | 58 E Healey - 203 | 1BR,1BA | $825 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $925 |
| 309 E Springfield Ave (New Construction) | 309 E Springfield Ave (ICON) - 616 -... | 4BR,4BA | $950 |
| The Inman by Royse + Brinkmeyer | The Ashford | Studio,1BA | $1,015 |
| 501 S Sixth | 501 S Sixth - 205-A | 3BR,2BA | $1,030 |
| 307 E Daniel | 307 E Daniel - 302-C | Studio,1BA | $1,035 |
Best Value Apartments for Rent in Downtown Champaign, IL
As of July 12, 2026 the best value apartment in the Downtown Champaign area is the $0.64 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $899. The second greatest value Downtown Champaign apartment is the D3 Model at The Dean Campustown starting at $1,210 with a $0.93 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Downtown Champaign apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Campus Circle Urbana | D1 | 4BR,4BA | $0.64 |
| The Dean Campustown | D3 | 4BR,4BA | $0.93 |
| 602 W Columbia Ave, Unit 1 | 602 W Columbia Ave | 3BR,1BA | $1.13 |
| 59JOH | 4 Bedroom Apartment @ First & John: Available N... | 4BR,3BA | $0.46 |
| Pfeffer Apartments - NOW LEASING AUGUST 2026 | Shared Apartment Individual Lease | 1BR,1BA | $0.58 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.82 |
| 810 S Oak | 810 S Oak - 11 | 2BR,1BA | $1.31 |
| 519 E. Green St by Bankier Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.37 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large - (NS) 112 E Green St. (... | 2BR,1BA | $1.25 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.38 |
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.
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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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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.
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Best Local Schools in Downtown Champaign, Champaign, IL
Central High School
Champaign Community Unit School District 4
Public School - Grades 9-12 (1596)
4 out of 10
Edison Middle School
Champaign Community Unit School District 4
Public School - Grades 6-8 (640)
5 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Champaign Apartments
What is the price of a cheap apartment in Downtown Champaign?
The cheapest apartment in Downtown Champaign is Windcrest Apartments which is listed at $800, while the average apartment in Downtown Champaign costs $2,400.
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 19 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 $1,407 which is $993 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
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.