Cheap Apartments for Rent in the Midtown Champaign Neighborhood of Champaign, IL from $300 (17 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
2 Bedroom Apartments

706 S Locust St

706 S Locust StChampaign, IL 61820
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305JOH
4 Bedroom Apartments

305JOH

305 E John StChampaign, IL 61820

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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207 E Healey St
1 Bedroom Apartments

207 E Healey St

207-209 E Healey StChampaign, IL 61820
  • Utilities Included
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207 S Fifth
4 Bedroom Apartments

207 S Fifth

207 S 5th StChampaign, IL 61820
Student Housing
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Bankier Apartments
Studio to 2 Bedroom Apartments

Bankier Apartments

805 S 4th StChampaign, IL 61820
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108 S 4th St
Studio to 2 Bedroom Apartments

108 S 4th St

108 S 4th StChampaign, IL 61820
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110 E John St.
1 Bedroom Apartments

110 E John St.

110 E John StChampaign, IL 61820
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408 E Stoughton St
Studio Apartments

408 E Stoughton St

408 E Stoughton StChampaign, IL 61820
  • Utilities Included

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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58 E Healey
1 Bedroom Apartments

58 E Healey

56-58 E Healey StChampaign, IL 61820
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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

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.

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205 E Healey St
1 Bedroom Apartments

205 E Healey St

205 E Healey StChampaign, IL 61820
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204 E Clark
Studio to 1 Bedroom Apartments

204 E Clark

204 E Clark StChampaign, IL 61820
Student Housing
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508 S First St
1 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 $455. 207 S Fifth has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here are the most affordable Midtown Champaign apartments for rent in Champaign, IL:

Apartment ListingModel NameBed/BathPriced From
305JOH305 John 4 Bedroom4BR,3BA$455
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$565
Town & Country ApartmentsCamden1BR,1BA$920
The Inman by Royse + BrinkmeyerThe ArdenStudio,1BA$990
West Quad4BR/4BA - Terrace Deluxe4BR,4BA$999

Best Value Apartments for Rent in Midtown Champaign, IL

As of June 11, 2025 the best value apartment in the Midtown 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 Midtown Champaign apartment is the 2 Bedroom 1 Bath with Loft Model at THE ALCOVE @ SECOND & JOHN starting at $900 with a $0.90 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.
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
THE ALCOVE @ SECOND & JOHN2 Bedroom 1 Bath with Loft2BR,1BA$0.90
207 S FifthIMMEDIATE MOVE IN - Individual Lease in a 4x2 U...4BR,2BA$0.59
410 E. Green St by Bankier Apartments3BD/2BA3BR,2BA$0.87
112 E. Green St by Bankier Apartments2 Bed 1 Bath2BR,1BA$1.00
520 NeilThe Musk2BR,2BA$1.93
Burnham 310B22BR,2BA$1.23
Pacifica on GreenB4 -2BR,2BA$1.56
The Quarters1x11BR,1BA$1.58
Town & Country ApartmentsFairfield1BR,1BA$1.58

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Getting Around the Midtown Champaign Neighborhood in Champaign, IL

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Midtown Champaign Apartments

What is a cheap apartment in Midtown Champaign?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Champaign is under $1,720.

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

The cheapest apartment in Midtown Champaign is Town & Country Apartments which is listed at $920, while the average apartment in Midtown Champaign costs $1,179.

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 37 regular apartments in Midtown Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Midtown Champaign?

Cheap apartments in Midtown Champaign have an average cost of $680 which is $499 cheaper than the average rent for all rentals in Midtown Champaign.

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.