
Cheap Apartments for Rent in the Midtown Champaign Neighborhood of Champaign, IL from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Champaign area of Champaign.


Rally - Free Parking Included

The Inman by Royse + Brinkmeyer

214 E Clark St

The Quarters

Total Monthly Price
315 E University Ave

706 S Locust St

The Gardens at 304 E Clark

207 E Healey St

312 E White St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bankier Apartments

108 S 4th St

105 E John St

Stoughton Street Apartments

408 E Stoughton St

402 S Fifth

106 S 4th St

202 East Springfield Avenue

58 E Healey

110 E John 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.

205 E Healey St

309 E Springfield Ave (New Construction)

508 S First St

55 E Healey St

209 E University Ave

204 E Clark

108 S 5th St

212 E White St

301 E Clark St

505 S Fourth Street
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.

Chateau Apartments

302 E Clark St

209 E Clark St

107 E Healey

41 E University Ave

134 - 217 S Neil

305 E White

408 E Springfield

112 E John St

404 E Clark 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.

405 E Stoughton St

507 S Fourth

208 East Clark Street

124 N Neil St

408 E Park St

103 E John St

Flats on White

Vue

506 S 4th St

201 E Hill St
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.
Midtown Champaign, Champaign, IL Local Guide

How much does it cost to rent an apartment in Midtown Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Champaign Studio Apartments | $1,162 | $970 | $1,749 |
| Midtown Champaign 1 Bedroom Apartments | $1,669 | $575 | $2,200 |
| Midtown Champaign 2 Bedroom Apartments | $1,249 | $700 | $1,900 |
| Midtown Champaign 3 Bedroom Apartments | $1,271 | $600 | $2,600 |
| Midtown Champaign 4 Bedroom Apartments | $1,195 | $809 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Midtown Champaign Neighborhood of Champaign, IL.
See all Apartments in ChampaignExplore Champaign
Midtown Champaign, Champaign, IL Local Guide
- Nearby Champaign neighborhoods
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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. THE ALCOVE @ SECOND & JOHN has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here are the most affordable Midtown Champaign apartments for rent in Champaign, IL:
| 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 | $600 |
| 58 E Healey | 58 E Healey - 308 | 1BR,1BA | $825 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $925 |
| The Inman by Royse + Brinkmeyer | The Arden | Studio,1BA | $970 |
| 209 E University Ave | 209 E University Ave - 418 | Studio,1BA | $1,125 |
| 505 S Fourth Street | 505 S Fourth Street - 208 | 1BR,1BA | $1,225 |
| The Quarters | 1x1 | 1BR,1BA | $1,325 |
| 112 E John St | 112 E John St - 203 | Studio,1BA | $1,395 |
| 208 East Clark Street | 208 East Clark Street - 101 | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Midtown Champaign, IL
As of June 06, 2026 the best value apartment in the Midtown Champaign area is the $0.46 price per square foot 4 Bedroom Apartment @ First & John: Available N... Model at 59JOH in the in the Downtown Champaign neighborhood starting from $485. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 59JOH | 4 Bedroom Apartment @ First & John: Available N... | 4BR,3BA | $0.46 |
| Pfeffer Apartments - NOW LEASING AUGUST 2026 | Shared Apartment Individual Lease | 1BR,1BA | $0.58 |
| 134 - 217 S Neil | 2-Bedroom Apartment in Downtown Champaign - Flo... | 2BR,2BA | $1.84 |
| 315 E University Ave | 315 E University Ave | 2BR,1BA | $1.78 |
| 520 Neil | The Gates | 1BR,1BA | $2.18 |
| Seven07 | 2BR/2BA - Type 3 | 2BR,2BA | $1.82 |
| 202 E. Green St by Bankier Apartments | 1BR/1BA | 1BR,1BA | $1.10 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large - (NS) 112 E Green St. (... | 2BR,1BA | $1.21 |
| The Quarters | 1x1 | 1BR,1BA | $1.99 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $1.58 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleMidtown Champaign, Champaign, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,450.
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 $1,790.
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 12 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 $842 which is $948 cheaper than the average rent for all rentals in Midtown Champaign.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.