Cheap Homes for Rent in Champaign, IL from $800 (39 Rentals)

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property at 709 W Church St

709 W Church St

ChampaignIL61820

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Champaign, IL Local Guide

Cheapest Neighborhoods for Apartments in Champaign, IL

Pricing Updated: 06/03/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Campustown IL$3,900$52568
Downtown Champaign$3,900$52571
Midtown Champaign$3,900$52576

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 $455. Parker Glen has the second lowest priced unit, which is a 3 Beds apartment currently listed from $525. Here is today’s list of the most affordable Champaign apartments for rent:

Apartment ListingModel NameBed/BathPriced From
305JOH305 John 4 Bedroom4BR,3BA$455
Parker Glen3 Bedroom3BR,2BA$525
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$565
1002SEC4 Bed, 2 Bath on Frat Park4BR,2BA$567
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$615
202 E ChalmersIMMEDIATE MOVE IN - Individual Lease in a 4x3! ...4BR,3BA$670
508 W White St1 Bed / 1 Bath1BR,1BA$695
Clark StreetThe Lewis1BR,1BA$750
106 N gregory1 bed1BR,1BA$775
Southwest Apartments1902 Karen Ct1BR,1BA$795

Best Value Apartments for Rent in Champaign, IL

As of June 04, 2025 the best value apartment in the Champaign area is the $0.40 price per square foot Three Bedroom Standar Model at Capstone Quarters in the in the Campustown IL neighborhood starting from $565. The second greatest value Champaign apartment is the 512 E John St Model at 512 E John St, Unit One and a half starting at $1,317 with a $0.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
512 E John St, Unit One and a half512 E John St3BR,1BA$0.94
Campus Circle UrbanaD24BR,4BA$0.72
202 E ChalmersIMMEDIATE MOVE IN - Individual Lease in a 4x3! ...4BR,3BA$0.61
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
702 W Green St, Unit 3702 W Green St3BR,1BA$1.00
Lancaster Apartments3 x 13BR,1BA$0.79
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$0.59
112 E. Green St by Bankier Apartments2 Bed 1 Bath2BR,1BA$1.06
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.06

Quick Rent Budget Calculator

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Frequently Asked Questions about Champaign

What type of rentals are currently available in Champaign?

There are currently 615 Apartments for Rent in Champaign, IL with pricing that ranges from $525 to $3,900. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Champaign ranging from $800 to $5,500.

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 $800 to $5,500 with an average monthly rent of $2,123.

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 $870 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $915 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $780.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.