802 W Hill St
ChampaignIL61820
Cheap Homes for Rent in the Downtown Champaign Neighborhood of Champaign, IL from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Champaign area of Champaign.
711 W Church St
ChampaignIL61820
709 W Church St
ChampaignIL61820
313 Cottage Ct
ChampaignIL61820
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 5th St
ChampaignIL61820
1113 W Hill St
UrbanaIL61801
913 N Gregory St
UrbanaIL61801
1008 N Mckinley Ave
ChampaignIL61821
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.
1019 W Bradley Ave
ChampaignIL61821
Showing Results 1-9, Page 1 of 1
Downtown Champaign, Champaign, IL Local Guide
How much does it cost to rent a home in Downtown Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Champaign 2 Bedroom Homes for Rent | $1,124 | $850 | $1,450 |
| Downtown Champaign 3 Bedroom Homes for Rent | $1,820 | $1,250 | $5,000 |
| Downtown Champaign 4 Bedroom Homes for Rent | $1,580 | $1,550 | $1,600 |
| Downtown Champaign 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Downtown Champaign 7 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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
- Nearby Champaign neighborhoods
- Nearby Cities
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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 $450. 1002SEC has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here are the most affordable Downtown Champaign apartments for rent in Champaign, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Individual Bedroom Available | Shared 4 Bed/3 B... | 4BR,3BA | $450 |
| 1002SEC | Flexible Bedroom Leases | Studio,2BA | $450 |
| 1012 S 1st St | Individual Lease | 2BR,1BA | $450 |
Best Value Apartments for Rent in Downtown Champaign, IL
As of August 27, 2026 the best value apartment in the Downtown Champaign area is the $0.41 price per square foot Room for Rent Model at 132 E University Ave in the in the Downtown Champaign neighborhood starting from $825. The second greatest value Downtown Champaign apartment is the 4BR/2BA - A Townhouse Model at West Quad starting at $1,099 with a $0.77 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. |
|---|---|---|---|
| 132 E University Ave | Room for Rent | 4BR,4BA | $0.41 |
| West Quad | 4BR/2BA - A Townhouse | 4BR,2BA | $0.77 |
| 512 E John St, Unit One and a half | 512 E John St | 3BR,1BA | $0.94 |
| Campus Circle Urbana | D2 | 4BR,4BA | $0.60 |
| 606 E Stoughton | 5 Bed Spaces Left! Fall lease, four bed two bat... | 4BR,2BA | $0.61 |
| 512 E Green | 4x3 | 4BR,3BA | $0.75 |
| Lancaster Apartments | 4x2 | 4BR,2BA | $0.88 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.79 |
| 1012 S 1st St | 2 Bedroom (Entire Unit) | 2BR,1BA | $1.02 |
| The Mansion | Individual Bedroom Leases | 3BR,1BA | $0.61 |
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 Article
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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Quick Rent Budget Calculator
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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 Downtown Champaign
What type of rentals are currently available in Downtown Champaign?
There are currently 409 Apartments for Rent in Downtown Champaign, IL with pricing that ranges from $450 to $3,800. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Champaign ranging from $800 to $5,500.
What is the current price range for Rental Homes in Downtown Champaign?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Champaign ranges from $800 to $5,500 with an average monthly rent of $1,813.
How much are larger Three and Four Bedroom Rentals in Downtown Champaign?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Champaign range from $899 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $799.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.