Cheap Apartments for Rent in the Midtown Champaign Neighborhood of Champaign, IL from $300 (22 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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408 E Springfield
1 to 4 Bedroom Apartments

408 E Springfield

408 E Springfield AveChampaign, IL 61820
Student Housing
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304 E Clark
2 to 4 Bedroom Apartments

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

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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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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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
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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

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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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
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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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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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107 E Healey
Studio to 1 Bedroom Apartments

107 E Healey

107 E Healey 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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55 E Healey St
2 Bedroom Apartments

55 E Healey St

55 E Healey 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. THE ALCOVE @ SECOND & JOHN has the second lowest priced unit, which is a 3 Beds apartment currently listed from $575. 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 Bath-3BR,1BA$575
105 E John StOne Bedroom1BR,1BA$675
58 E Healey58 E Healey - 3101BR,1BA$825
Rally - Free Parking Included1BR / 1BA1BR,1BA$895

Best Value Apartments for Rent in Midtown Champaign, IL

As of November 24, 2025 the best value apartment in the Midtown Champaign area is the $0.67 price per square foot 4 Bed 2 Bath Model at 112 E. Green St by Bankier Apartments in the in the Downtown Champaign neighborhood starting from $875. The second greatest value Midtown Champaign apartment is the 3 Bed, 2 Bath @ John & First St. Model at 59JOH starting at $435 with a $0.42 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.
112 E. Green St by Bankier Apartments4 Bed 2 Bath4BR,2BA$0.67
59JOH3 Bed, 2 Bath @ John & First St.3BR,2BA$0.42
202 E. Green St by Bankier Apartments4BR/3BA4BR,3BA$0.95
134 - 217 S Neil2-Bedroom Apartment in Downtown Champaign - Flo...2BR,2BA$1.82
Seven072BR/2BA - Type 32BR,2BA$1.82
Maywood Apartments2x12BR,1BA$1.30
Burnham 310B12BR,1BA$1.41
The Quarters1x11BR,1BA$1.58
Rally - Free Parking Included1BR / 1BA1BR,1BA$1.53
THE ALCOVE @ SECOND & JOHN1 Bedroom 1 Bath1BR,1BA$1.73

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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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

3.0
Pet Friendly

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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 the price of a cheap apartment in Midtown Champaign?

The cheapest apartment in Midtown Champaign is 105 E John St which is listed at $675, while the average apartment in Midtown Champaign costs $1,775.

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 38 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 $1,298 which is $477 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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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! 

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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.

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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.