Cheap Apartments for Rent in the Midtown Champaign Neighborhood of Champaign, IL from $300 (50 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
Student Housing
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The Gardens at 304 E Clark
2 to 4 Bedroom Apartments

The Gardens at 304 E Clark

304 E Clark StChampaign, IL 61820
Student Housing
  • Utilities Included
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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

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.

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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
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
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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
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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

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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205 E Healey St
1 Bedroom Apartments

205 E Healey St

205 E Healey StChampaign, IL 61820
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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
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55 E Healey St
2 Bedroom Apartments

55 E Healey St

55 E Healey StChampaign, IL 61820
Student Housing
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209 E University Ave
Studio to 4 Bedroom Apartments

209 E University Ave

209 E University AveChampaign, IL 61820
Student Housing
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204 E Clark
Studio to 3 Bedroom Apartments

204 E Clark

204 E Clark StChampaign, IL 61820
Student Housing
  • Utilities Included
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212 E White St
1 to 2 Bedroom Apartments

212 E White St

212 E White StChampaign, IL 61820
Student Housing
  • Utilities Included
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301 E Clark St
1 to 2 Bedroom Apartments

301 E Clark St

301 E Clark StChampaign, IL 61820
Student Housing
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505 S Fourth Street
1 to 2 Bedroom Apartments

505 S Fourth Street

505 S 4th StChampaign, IL 61820
Student Housing

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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302 E Clark St
1 to 2 Bedroom Apartments

302 E Clark St

302 E Clark StChampaign, IL 61820
  • Utilities Included
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209 E Clark St
2 Bedroom Apartments

209 E Clark St

209 E Clark StChampaign, IL 61820
Student Housing
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107 E Healey
Studio to 1 Bedroom Apartments

107 E Healey

107 E Healey StChampaign, IL 61820
Student Housing
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41 E University Ave
1 to 2 Bedroom Apartments

41 E University Ave

41 E University AveChampaign, IL 61820
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134 - 217 S Neil
1 to 2 Bedroom Apartments

134 - 217 S Neil

217 S Neil StChampaign, IL 61820
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305 E White
1 to 3 Bedroom Apartments

305 E White

305 E White StChampaign, IL 61820
Student Housing
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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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112 E John St
Studio to 4 Bedroom Apartments

112 E John St

112 E John StChampaign, IL 61820
Student Housing
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404 E Clark St
1 Bedroom Apartments

404 E Clark St

404 E Clark StChampaign, IL 61820
Student Housing

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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405 E Stoughton St
Studio to 3 Bedroom Apartments

405 E Stoughton St

405 E Stoughton StChampaign, IL 61820
Student Housing
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507 S Fourth
1 to 4 Bedroom Apartments

507 S Fourth

507 S 4th StChampaign, IL 61820
Student Housing
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208 East Clark Street
1 to 3 Bedroom Apartments

208 East Clark Street

208 E Clark StChampaign, IL 61820
Student Housing
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124 N Neil St
1 to 2 Bedroom Apartments

124 N Neil St

124 N Neil StChampaign, IL 61820
Student Housing
  • Utilities Included
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103 E John St
2 to 4 Bedroom Apartments

103 E John St

103 E John StChampaign, IL 61820
Student Housing
  • Utilities Included
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Flats on White
2 to 4 Bedroom Apartments

Flats on White

202 E White StChampaign, IL 61820
Student Housing
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Vue
1 to 4 Bedroom Apartments

Vue

711 S 4th StChampaign, IL 61820
Student Housing
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506 S 4th St
3 Bedroom Apartments

506 S 4th St

506 S 4th StChampaign, IL 61820
Student Housing
  • 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.

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. 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 ListingModel NameBed/BathPriced From
305JOHSpacious 4 Bed/3 Bath Apartment on the corner o...4BR,3BA$499
THE ALCOVE @ SECOND & JOHN3 Bedroom 1 Bath3BR,1BA$600
58 E Healey58 E Healey - 3081BR,1BA$825
Rally - Free Parking Included1BR / 1BA1BR,1BA$925
The Inman by Royse + BrinkmeyerThe ArdenStudio,1BA$970
209 E University Ave209 E University Ave - 418Studio,1BA$1,125
505 S Fourth Street505 S Fourth Street - 2081BR,1BA$1,225
The Quarters1x11BR,1BA$1,325
112 E John St112 E John St - 203Studio,1BA$1,395
208 East Clark Street208 East Clark Street - 1011BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
59JOH4 Bedroom Apartment @ First & John: Available N...4BR,3BA$0.46
Pfeffer Apartments - NOW LEASING AUGUST 2026Shared Apartment Individual Lease1BR,1BA$0.58
134 - 217 S Neil2-Bedroom Apartment in Downtown Champaign - Flo...2BR,2BA$1.84
315 E University Ave315 E University Ave2BR,1BA$1.78
520 NeilThe Gates1BR,1BA$2.18
Seven072BR/2BA - Type 32BR,2BA$1.82
202 E. Green St by Bankier Apartments1BR/1BA1BR,1BA$1.10
112 E. Green St by Bankier Apartments2 Bed 1 Bath - X Large - (NS) 112 E Green St. (...2BR,1BA$1.21
The Quarters1x11BR,1BA$1.99
Rally - Free Parking Included1BR / 1BA1BR,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.

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Real 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.

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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 #2

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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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.

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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.

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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.

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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.