Cheap 2 Bedroom Apartments for Rent in Urbana, IL from $685 (95 Rentals)

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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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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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Krannert View
2 Bedroom Apartments

Krannert View

1105-1107 W Oregon StUrbana, IL 61801
Student Housing
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809 W Stoughton
2 Bedroom Apartments

809 W Stoughton

809 W Stoughton StUrbana, IL 61801
Student Housing
  • Utilities Included
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209 N Coler Ave
2 Bedroom Apartments

209 N Coler Ave

209 N Coler AveUrbana, IL 61801
Student Housing
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2008 Vawter St
2 Bedroom Apartments

2008 Vawter St

2008 Vawter StUrbana, IL 61801
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Liberty Commons
2 Bedroom Apartments

Liberty Commons

1776 Independence AveUrbana, IL 61802
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The Cove
2 Bedroom Apartments

The Cove

1507 Washington St EUrbana, IL 61802
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Cottage Grove South
2 Bedroom Apartments

Cottage Grove South

1102 E Colorado AveUrbana, IL 61801
  • Utilities Included

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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102 N Gregory St
2 Bedroom Apartments

102 N Gregory St

102 N Gregory StUrbana, IL 61801
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505 S Busey Ave
2 Bedroom Apartments

505 S Busey Ave

505 S Busey AveUrbana, IL 61801
Student Housing
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1010 W Stoughton
2 Bedroom Apartments

1010 W Stoughton

1010 W Stoughton StUrbana, IL 61801
Student Housing
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706 S Walnut St
2 Bedroom Apartments

706 S Walnut St

706 S Walnut StUrbana, IL 61801
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Deerfield Woods
2 Bedroom Apartments

Deerfield Woods

1702 Cindy Lynn StUrbana, IL 61802
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Colorado Hills
2 Bedroom Apartments

Colorado Hills

703 E Colorado AveUrbana, IL 61801
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Gregory Place West
2 Bedroom Apartments

Gregory Place West

701 S Gregory StUrbana, IL 61801
Student Housing
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804 W Illinois
2 Bedroom Apartments

804 W Illinois

804 W Illinois StUrbana, IL 61801
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.

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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
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402 N Gregory St
2 Bedroom Apartments

402 N Gregory St

402 N Gregory StUrbana, IL 61801
Student Housing
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901 W Springfield Ave
2 Bedroom Apartments

901 W Springfield Ave

901 W Springfield AveUrbana, IL 61801
Student Housing
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705 W Elm St
2 Bedroom Apartments

705 W Elm St

705 W Elm StUrbana, IL 61801
Corporate Housing
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Hillview
2 Bedroom Apartments

Hillview

1701 E Florida AveUrbana, IL 61802
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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
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Crestview Park Apartments
2 Bedroom Apartments

Crestview Park Apartments

1806 S Cottage Grove AveUrbana, IL 61801
Student Housing
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813 W Main
2 Bedroom Apartments

813 W Main

813 W Main StUrbana, IL 61801
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712 W Green, Urbana
2 Bedroom Apartments

712 W Green, Urbana

712 W Green StUrbana, IL 61801
  • Utilities Included

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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Urbana, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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Best Local Schools in
Urbana, IL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Urbana, IL Rentals by Map

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See the most popular apartments and homes in Urbana, IL

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Frequently Asked Questions about Cheap Urbana Apartments

What is the Cheapest Studio apartment in Urbana?

Currently the most affordable Cheap Studio Apartment in Urbana is at 107 E Springfield listed at $709.

How much is rent for a Cheap One Bedroom Urbana Apartment?

The lowest price for a Cheap One Bedroom Urbana Apartment is $709 at 107 E Springfield.

What is the lowest price for a Cheap Two Bedroom Urbana Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Urbana is starting from $709 at 107 E Springfield.

What is the most affordable Urbana Three Bedroom Apartment?

The best deal on a cheap Urbana Three Bedroom Apartment rental is at 107 E Springfield and starts from $709.

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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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.