
Apartments for Rent in the Downtown Champaign Neighborhood of Champaign, IL Under $500 (10 Rentals)


59JOH

Total Monthly Price
622 W Healey St

Smith Apartments @ 201 East Armory

The Gardens at 304 E Clark
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.

408 E Springfield

Smith Apartments @ 1004 South Locust

706 S Locust St

1105 W Main

1110 W Stoughton 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.
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 | $1,556 | $615 | $2,470 |
| Downtown Champaign 1 Bedroom Apartments | $1,448 | $575 | $2,340 |
| Downtown Champaign 2 Bedroom Apartments | $1,448 | $685 | $2,385 |
| Downtown Champaign 3 Bedroom Apartments | $1,535 | $859 | $2,900 |
| Downtown Champaign 4 Bedroom Apartments | $1,432 | $590 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 10 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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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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Best Local Schools in Downtown Champaign, Champaign, IL
Central High School
Edison Middle School
School data provided by Great Schools
Frequently Asked Questions about Downtown Champaign
What is the current price range for One Bedroom Downtown Champaign Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Champaign ranges from $575 to $2,340 with an average monthly rent of $1,448.
What does renting a Two Bedroom Apartment in Downtown Champaign cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Champaign range from $685 to $2,385. Today's average rental price for Two Bedrooms here is $1,448.
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.