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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 (104 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
404 W Springfield Ave
ChampaignIL61820
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$7101 Bedroom Apartments Available Aug 19
605 Univerisity
605 W University AveChampaign, IL 61820
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Rent Specials
$795 - $8951 to 2 Bedroom Apartments Available Aug 19
Garden Court
1001-1021 Francis DrChampaign, IL 61821
512 W University Ave
ChampaignIL61820
514 S Elm St
ChampaignIL61820
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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 Available NowTotal Monthly Price
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$925 - $990
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The Courtyard on Randolph
713-717 S Randolph 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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$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 - $1,4501 to 3 Bedroom Apartments Contact Us For Availability
Midtown Center
303 W Green StChampaign, IL 61820
602 W Hill St
ChampaignIL61820
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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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$1,195 - $1,3952 Bedroom Apartments Available Now
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
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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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
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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
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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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
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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 S Locust
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
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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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
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4 Bedroom Apartments
304 E Daniel
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 Fifth
402 S 5th StChampaign, IL 61820
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Studio to 4 Bedroom Apartments
202 E Chalmers
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
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.
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 | $1,481 | $615 | $2,290 |
| Downtown Champaign 1 Bedroom Apartments | $1,475 | $575 | $2,419 |
| Downtown Champaign 2 Bedroom Apartments | $1,448 | $685 | $2,385 |
| Downtown Champaign 3 Bedroom Apartments | $1,391 | $600 | $2,900 |
| Downtown Champaign 4 Bedroom Apartments | $1,483 | $699 | $3,800 |
| Downtown Champaign 5 Bedroom Apartments | $2,045 | $935 | $2,800 |
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 104 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 $499. THE ALCOVE @ SECOND & JOHN has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. 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 | $499 |
| THE ALCOVE @ SECOND & JOHN | 3 Bedroom 1 Bath | 3BR,1BA | $600 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $699 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| 58 E Healey | 58 E Healey - 309 | 1BR,1BA | $825 |
| State Street Apartments | The Eddleman | 1BR,1BA | $890 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $925 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $925 |
| The Inman by Royse + Brinkmeyer | The Apollo | Studio,1BA | $1,030 |
| 608 S State Street | 608 S State Street - 8 | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Champaign, IL
As of May 28, 2026 the best value apartment in the Downtown Champaign area is the $0.65 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $919. The second greatest value Downtown Champaign apartment is the 3 Bedroom 1 Bathroom Model at 506 E. White Champaign starting at $1,500 with a $1.43 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 | $0.65 |
| 506 E. White Champaign | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.43 |
| 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 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.09 |
| 608 S State Street | 608 S State Street - 8 | 2BR,1BA | $1.40 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large - (NS) 112 E Green St. (... | 2BR,1BA | $1.21 |
| State Street Apartments | The Eddleman | 1BR,1BA | $1.51 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.38 |
| 607 W Green St | Per Person Price | 1BR,1BA | $1.40 |
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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If you’re an expert on all things Downtown Champaign, tell us what you love (and don't) by rating it and writing a review.
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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 30 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 $1,266 which is $1,134 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.