201 E Hill St
ChampaignIL61820
Cheap Homes for Rent in Midtown Champaign Neighborhood of Champaign, IL from $1,600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Champaign area of Champaign.
304 E Hill St
ChampaignIL61820
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.
210 E Park St
ChampaignIL61820
54 E Green St
ChampaignIL61820
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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Midtown Champaign, Champaign, IL Local Guide
How much does it cost to rent a home in Midtown Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Champaign 3 Bedroom Homes for Rent | $3,300 | $1,600 | $5,000 |
| Midtown Champaign 4 Bedroom Homes for Rent | $1,670 | $1,670 | $1,670 |
| Midtown Champaign 5 Bedroom Homes for Rent | $2,932 | $2,265 | $3,600 |
| Midtown Champaign 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Midtown Champaign Neighborhood of Champaign, IL.
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Midtown Champaign, Champaign, IL Local Guide
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Best Value Apartments for Rent in Midtown Champaign, IL
As of May 07, 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 |
| 207 S Fifth | AVAILABLE NOW! Unit 203 Bedroom B Cozy 4x2 Uppe... | 4BR,2BA | $0.69 |
| 134 - 217 S Neil | 2-Bedroom Apartment in Downtown Champaign - Flo... | 2BR,2BA | $1.84 |
| The Hickory | Apt 111 | 1BR,1BA | $1.57 |
| 112 E. Green St by Bankier Apartments | 2 Bed 1 Bath - X Large - (NS) 112 E Green St. (... | 2BR,1BA | $1.21 |
| 106 E Healey | IMMEDIATE MOVE-IN AVAILABLE! Two bed one bath a... | 2BR,1BA | $1.03 |
| 408 E Healey | Fall lease, two bed one bath apartment in Midto... | 2BR,1BA | $1.26 |
| Rally - Free Parking Included | 1BR / 1BA | 1BR,1BA | $1.45 |
| 107 E Springfield | Spring semester move in, two bed one bath apart... | 2BR,1BA | $1.22 |
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 Article
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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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 LifestyleMidtown Champaign, Champaign, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Midtown Champaign
What type of rentals are currently available in Midtown Champaign?
There are currently 156 Apartments for Rent in Midtown Champaign, IL with pricing that ranges from $575 to $3,500. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Champaign ranging from $1,600 to $6,000.
What is the current price range for Rental Homes in Midtown Champaign?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Champaign ranges from $1,600 to $6,000 with an average monthly rent of $3,475.
How much are larger Three and Four Bedroom Rentals in Midtown Champaign?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Champaign range from $600 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,670 and Four Bedroom Apartments start at $809.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.