
Cheap Homes for Rent in Champaign, IL from $600 (27 Rentals)
Search the lowest-cost Homes available for rent right now in Champaign.


1613 Lyndhurst W Dr

709 W Church St

904 N Broadway Ave

705 Hollycrest Dr

711 W Church St
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.

810 N Coler Ave

312 W Springfield Ave

1605 Lyndhurst Dr

409 S Anderson St
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.

208 Avondale Ave

1101 Clifford Dr

1621 Clover Ln

1605 Cruising Ln

309 Stanage Ave

807 N Prospect Ave
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.

204 W William St

325 N Fair St

1106 N Hickory St

401 1/2 W Vine St

801 W Stoughton St, Unit B

505 S Duncan Rd
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.

3220 Ridgewood Dr

301 Hessel Blvd

310 Cottage Ct
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 | $1,429 | $875 | $1,850 |
| Champaign 3 Bedroom Homes for Rent | $1,875 | $1,295 | $5,000 |
| Champaign 4 Bedroom Homes for Rent | $2,194 | $1,350 | $3,600 |
| Champaign 5 Bedroom Homes for Rent | $3,173 | $2,420 | $3,600 |
| Champaign 7 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Top Homes for Rent in Champaign
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Champaign, IL
Pricing Updated: 12/17/2025Current 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 | $1,762 | $575 | 25 |
| Downtown Champaign | $1,767 | $575 | 63 |
| Campustown IL | $1,860 | $575 | 37 |
Cheapest Available Champaign Apartments for Rent
 The cheapest available apartment rental in Champaign, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. THE ALCOVE @ SECOND & JOHN in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $575. Here is today’s list of the most affordable Champaign apartments for rent:
| 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 | $575 |
| Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $625 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $658 |
| Town & Country Apartments | Kensington | 1BR,1BA | $784 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| 712 W Elm St | 712 W Elm St - 712-... | Studio,1BA | $800 |
| 58 E Healey | 58 E Healey - 309 | 1BR,1BA | $825 |
| University Park | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Champaign, IL
As of December 17, 2025 the best value apartment in the Champaign area is the $0.70 price per square foot 3 Bedroom 1893 sf Model at Wellington Place in the starting from $1,330. The second greatest value Champaign apartment is the 3 or 4 Bedrooms Model at 605 S Prairie St starting at $1,750 with a $0.97 price per square foot in the Downtown Champaign neighborhood. 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. |
|---|---|---|---|
| Wellington Place | 3 Bedroom 1893 sf | 3BR,1.5BA | $0.70 |
| 605 S Prairie St | 3 or 4 Bedrooms | 3BR,2BA | $0.97 |
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
| 59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
| 519 E. Green St by Bankier Apartments | 2 bed 2 bath - 519 E. Green St | 2BR,2BA | $1.15 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| 702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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.
Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Centennial High School
Edison Middle School
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 604 Apartments for Rent in Champaign, IL with pricing that ranges from $575 to $3,800. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign ranging from $675 to $7,000.
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 $675 to $7,000 with an average monthly rent of $2,802.
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 $575 to $3,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $835.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
