
Homes for Rent in Downtown Champaign Neighborhood of Champaign, IL Under $1,500 (17 Rentals)


408 E Park St

609 S Prairie St

50 E Beardsley Ave

310 Cottage Ct
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.

911 Alagna Dr

1019 W Bradley Ave

908 W Eureka St

1008 N Mckinley Ave

615 W White St
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.

108 S 5th St

313 Cottage Ct

713 W Church St

609 W White St

711 W Church St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

908 Gregory Dr

1113 W Hill St
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 | $1,163 | $850 | $1,600 |
| Downtown Champaign 3 Bedroom Homes for Rent | $2,230 | $1,330 | $5,000 |
| Downtown Champaign 4 Bedroom Homes for Rent | $1,621 | $1,500 | $1,715 |
| Downtown Champaign 5 Bedroom Homes for Rent | $2,425 | $1,700 | $3,600 |
| Downtown Champaign 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Champaign Neighborhood of Champaign, IL.
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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.
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 type of rentals are currently available in Downtown Champaign?
There are currently 411 Apartments for Rent in Downtown Champaign, IL with pricing that ranges from $575 to $3,800. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Champaign ranging from $850 to $6,000.
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 $850 to $6,000 with an average monthly rent of $2,212.
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 $859 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,330 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $699.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.