606 E Elm St
UrbanaIL61802
Cheap Homes for Rent in Champaign, IL from $700 (30 Rentals)
Search the lowest-cost Homes available for rent right now in Champaign.
609 W White St
ChampaignIL61820
711 W Church St
ChampaignIL61820
313 Cottage Ct
ChampaignIL61820
1706 Crescent Dr
ChampaignIL61821
605 Bloomington Rd
ChampaignIL61820
904 N Broadway Ave
UrbanaIL61801
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.
504 E Church St
ChampaignIL61820
1217 W Bradley Ave
ChampaignIL61821
108 S 5th St
ChampaignIL61820
921 N 4th St
ChampaignIL61820
502 Kerr Ave
UrbanaIL61801
1113 W Hill St
UrbanaIL61801
604B Sunflower St
SavoyIL61874
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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$1,0951 Bedroom Apartments Available Now
1805 W William St, Unit A
1805 W William StChampaign, IL 61821
1605 N Willow Rd
UrbanaIL61801
615 W White St
ChampaignIL61820
1004 W Hill St
UrbanaIL61801
1901 Nancy Ct
ChampaignIL61822
908 Gregory Dr
UrbanaIL61801
1008 N Mckinley Ave
ChampaignIL61821
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.
908 W Eureka St
ChampaignIL61821
1019 W Bradley Ave
ChampaignIL61821
922 Kara Dr
ChampaignIL61822
2013 Greendale Dr
ChampaignIL61821
1118 Kara Dr
ChampaignIL61822
1714 W Clark St
ChampaignIL61821
705 1/2 W Springfield Ave
ChampaignIL61820
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.
308 W John St
ChampaignIL61820
1617 Lyndhurst W Dr
SavoyIL61874
Showing Results 1-30, Page 1 of 1
Champaign, IL Local Guide
How much does it cost to rent a home in Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Champaign 2 Bedroom Homes for Rent | $1,371 | $850 | $1,995 |
| Champaign 3 Bedroom Homes for Rent | $2,190 | $900 | $5,000 |
| Champaign 4 Bedroom Homes for Rent | $2,021 | $1,000 | $3,450 |
| Champaign 5 Bedroom Homes for Rent | $3,069 | $1,900 | $3,600 |
| Champaign 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Champaign 7 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Champaign
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Champaign, IL
Pricing Updated: 07/02/2026Current apartment rentals in the Champaign, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Champaign Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Champaign | $1,795 | $575 | 18 |
| Campustown IL | $1,902 | $575 | 20 |
| Downtown Champaign | $2,400 | $575 | 33 |
Cheapest Available Champaign Apartments for Rent
The cheapest available apartment rental in Champaign, IL is a 1 Bed unit found at Parker Glen priced from $533. 305JOH in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $590. Here is today’s list of the most affordable Champaign apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $533 |
| 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 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $825 |
| 58 E Healey | 58 E Healey - 302 | 1BR,1BA | $825 |
| University Park | One Bedroom | 1BR,1BA | $850 |
| Element on Main | Studio | Studio,1BA | $875 |
Best Value Apartments for Rent in Champaign, IL
As of July 02, 2026 the best value apartment in the 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 Champaign apartment is the 2 Bedroom Unit Model at Park Place starting at $1,405 with a $1.00 price per square foot . Here is today’s list of the best values for 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 |
| Park Place | 2 Bedroom Unit | 2BR,2BA | $1.00 |
| The Dean Campustown | D3 | 4BR,4BA | $0.93 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.69 |
| 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 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.82 |
| Colonial Village | Charleston | 2BR,1BA | $1.03 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
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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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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Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Westview Elementary School
Champaign Community Unit School District 4
Public School - Grades K-5 (432)
6 out of 10
Centennial High School
Champaign Community Unit School District 4
Public School - Grades 9-12 (1389)
5 out of 10
Jefferson Middle School
Champaign Community Unit School District 4
Public School - Grades 6-8 (705)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Champaign, IL Rentals by Map
See the most popular apartments and homes in Champaign, IL
Frequently Asked Questions about Champaign
What type of rentals are currently available in Champaign?
There are currently 648 Apartments for Rent in Champaign, IL with pricing that ranges from $575 to $3,800. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign ranging from $700 to $5,000.
What is the current price range for Rental Homes in Champaign?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Champaign ranges from $700 to $5,000 with an average monthly rent of $1,861.
How much are larger Three and Four Bedroom Rentals in Champaign?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Champaign range from $685 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $635.
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.