
Cheap Homes for Rent in Champaign, IL from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Champaign.


5 O Neil Ct

904 N Broadway Ave

1117 Northwood Dr S
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.

404 S Birch St

2123 Melrose Dr

409 S Anderson St

2503 Myers Ct

305 Hessel Blvd
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.

1101 Clifford Dr

1505 Holly Hill Dr

1307 Williamsburg Dr

1917 Southwood Dr

801 W Stoughton St, Unit B
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.

604 E Illinois St

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 | $1,467 | $850 | $2,600 |
| Champaign 3 Bedroom Homes for Rent | $2,163 | $1,300 | $5,000 |
| Champaign 4 Bedroom Homes for Rent | $2,317 | $1,495 | $3,600 |
| Champaign 5 Bedroom Homes for Rent | $3,173 | $2,420 | $3,600 |
| Champaign 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| 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
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Champaign, IL
Pricing Updated: 11/01/2025Current 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 |
|---|---|---|---|
| Campustown IL | $3,900 | $575 | 61 |
| Downtown Champaign | $3,900 | $575 | 94 |
| Midtown Champaign | $3,900 | $575 | 49 |
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Spacious 4 Bed/3 Bath Apartment on the corner o... | 4BR,3BA | $499 |
| Parker Glen | 3 Bedroom | 3BR,2BA | $525 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $658 |
| 105 E John St | One Bedroom | 1BR,1BA | $675 |
| Clark Street | The Lewis | 1BR,1BA | $750 |
Best Value Apartments for Rent in Champaign, IL
As of November 01, 2025 the best value apartment in the Champaign area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Champaign apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 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. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| 602 W Columbia Ave, Unit 1 | 602 W Columbia Ave | 3BR,1BA | $1.13 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
| 59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
| 702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.65 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large | 2BR,1BA | $1.08 |
| Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 611 Apartments for Rent in Champaign, IL with pricing that ranges from $479 to $4,080. There are also 78 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 $2,984.
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 $895 to $4,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $479.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
