Cheap Apartments for Rent in the Midtown Champaign Neighborhood of Champaign, IL from $300 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Champaign area of Champaign.

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706 S Locust St
Studio to 2 Bedroom Apartments

706 S Locust St

706 S Locust StChampaign, IL 61820
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207 E Healey St
1 Bedroom Apartments

207 E Healey St

207-209 E Healey StChampaign, IL 61820
  • Utilities Included
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312 E White St
Studio to 3 Bedroom Apartments

312 E White St

312 E White StChampaign, IL 61820
Student Housing
  • Utilities Included
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Bankier Apartments
Studio to 2 Bedroom Apartments

Bankier Apartments

805 S 4th StChampaign, IL 61820

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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108 S 4th St
Studio to 2 Bedroom Apartments

108 S 4th St

108 S 4th StChampaign, IL 61820
Student Housing
  • Utilities Included
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105 E John St
1 to 2 Bedroom Apartments

105 E John St

105 E John StChampaign, IL 61820
Student Housing
  • Utilities Included
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408 E Springfield
1 to 4 Bedroom Apartments

408 E Springfield

408 E Springfield AveChampaign, IL 61820
Student Housing
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408 E Stoughton St
Studio to 2 Bedroom Apartments

408 E Stoughton St

408 E Stoughton StChampaign, IL 61820
  • Utilities Included
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402 S Fifth
3 Bedroom Apartments

402 S Fifth

402 S 5th StChampaign, IL 61820
Student Housing
  • Utilities Included

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.

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106 S 4th St
1 to 2 Bedroom Apartments

106 S 4th St

106 S 4th StChampaign, IL 61820
Student Housing
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58 E Healey
1 Bedroom Apartments

58 E Healey

56-58 E Healey StChampaign, IL 61820
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110 E John St.
1 Bedroom Apartments

110 E John St.

110 E John StChampaign, IL 61820
  • Utilities Included
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205 E Healey St
1 Bedroom Apartments

205 E Healey St

205 E Healey StChampaign, IL 61820

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.

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204 E Clark
Studio to 3 Bedroom Apartments

204 E Clark

204 E Clark StChampaign, IL 61820
Student Housing
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508 S First St
1 to 3 Bedroom Apartments

508 S First St

508 S 1st StChampaign, IL 61820
Student Housing

Midtown Champaign, Champaign, IL Local Guide

Cheapest Available Midtown Champaign Apartments for Rent

 

The cheapest available apartment rental in the Midtown Champaign area of Champaign, IL is a 4 Beds unit found at 305JOH priced from $499. 58 E Healey has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Midtown Champaign apartments for rent in Champaign, IL:

Apartment ListingModel NameBed/BathPriced From
305JOHSpacious 4 Bed/3 Bath Apartment on the corner o...4BR,3BA$499
58 E Healey58 E Healey - 3091BR,1BA$825
Rally - Free Parking Included1BR / 1BA1BR,1BA$895
West Quad4BR/4BA - Terrace Deluxe4BR,4BA$1,004
The Quarters1x11BR,1BA$1,050

Best Value Apartments for Rent in Midtown Champaign, IL

As of January 09, 2026 the best value apartment in the Midtown Champaign area is the $0.42 price per square foot 3 Bed, 2 Bath @ John & First St. Model at 59JOH in the in the Downtown Champaign neighborhood starting from $435. The second greatest value Midtown Champaign apartment is the Shared Apartment Individual Lease Model at Pfeffer Apartments - NOW LEASING AUGUST 2026 starting at $575 with a $0.58 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Midtown Champaign apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
59JOH3 Bed, 2 Bath @ John & First St.3BR,2BA$0.42
Pfeffer Apartments - NOW LEASING AUGUST 2026Shared Apartment Individual Lease1BR,1BA$0.58
134 - 217 S Neil2-Bedroom Apartment in Downtown Champaign - Flo...2BR,2BA$1.82
520 NeilThe Bloomberg2BR,2BA$1.97
Seven072BR/2BA - Type 32BR,2BA$1.82
Maywood Apartments2x12BR,1BA$1.30
Burnham 310B12BR,1BA$1.41
The HickoryApt 1101BR,1BA$1.72
The Quarters1x11BR,1BA$1.58
Rally - Free Parking Included1BR / 1BA1BR,1BA$1.53

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.

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The 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.

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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.

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Quick 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.

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Pet Friendly Lifestyle
Midtown Champaign, Champaign, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Midtown Champaign Apartments

What is the price of a cheap apartment in Midtown Champaign?

The cheapest apartment in Midtown Champaign is 58 E Healey which is listed at $825, while the average apartment in Midtown Champaign costs $1,752.

What types of apartments are the cheapest in Midtown Champaign?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Midtown Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!