
Cheap Apartments for Rent in Urbana, IL from $300 (131 Rentals)
Search the lowest-cost Apartments available for rent right now in Urbana.


Bailey Student Apartments Available 2025!

Prairie Green Apartment Homes

Element on Main

Philo Estates Apartments

Town & Country Apartments

106 N Gregory 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.

1003 W. Stoughton

905 W Springfield Ave
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.
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.

Michigan East - Campus Property Management
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.
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.
Urbana, IL Local Guide

How much does it cost to rent an apartment in Urbana?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Urbana Studio Apartments | $1,612 | $615 | $2,490 |
Cheap Urbana 1 Bedroom Apartments | $1,362 | $525 | $2,480 |
Cheap Urbana 2 Bedroom Apartments | $1,329 | $775 | $3,200 |
Cheap Urbana 3 Bedroom Apartments | $1,420 | $875 | $2,900 |
Cheap Urbana 4 Bedroom Apartments | $1,244 | $785 | $3,360 |
Browse Top Apartments in Urbana
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Urbana, IL Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Urbana Apartments for Rent
 The cheapest available apartment rental in Urbana, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $658. Here is today’s list of the most affordable Urbana apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
305JOH | Updated 4 Bed/THREE Bath apartment on the corne... | 4BR,3BA | $499 |
1002SEC | Remodeled Unit 4 Bed 2 Bath on Frat Park | 4BR,2BA | $658 |
105 E John St | One Bedroom | 1BR,1BA | $675 |
Parker Glen | 3 Bedroom | 3BR,2BA | $680 |
Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $750 |
Clark Street | The Lewis | 1BR,1BA | $750 |
University Park | One Bedroom | 1BR,1BA | $825 |
Yugo Champaign South 3rd Lofts | 3 Bed, 2 Bath Loft Plus | 3BR,2BA | $829 |
Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Urbana, IL
As of September 14, 2025 the best value apartment in the Urbana area is the $1.03 price per square foot 705 W Healey St Model at 705 W Healey St, Unit 705 Healey in the in the Downtown Champaign neighborhood starting from $1,800. The second greatest value Urbana apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Urbana apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
705 W Healey St, Unit 705 Healey | 705 W Healey St | 3BR,1.5BA | $1.03 |
200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
1008 S. 4th | C1 | 3BR,2BA | $0.75 |
608 E Chalmers | PRICE DROP! INDIVIDUAL LEASING! Brand New 3x3s ... | 3BR,3BA | $0.83 |
59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.97 |
Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
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Urbana Overview
The Midwestern United States is one of the fastest growing regions of the country and one of the most popular cities is Urbana, IL. Urbana apartments represent a great living opportunity for both individuals and families alike. Apartments in Urbana, IL provide everyone with an affordable way to live, work, and enjoy everything this great city has to offer, Urbana, IL is known for its gorgeous weather, friendly people, and delicious food! With this in mind, take a few minutes to learn more about why so many people are falling in love with Urbana, IL.
Why live in Urbana, IL?
The vast majority of people choose to live in Urbana, IL because of the lifestyle it provides. Urbana, IL is home to fantastic schools from childhood through college. The weather is mild and the city is easy to navigate. There is always great food and festivals take place in the city from time to time. The people are friendly to everyone, making this a great town for individuals and families of all ages. For these reasons, many people are flocking to Urbana, IL to call this city home.
Best Local Schools in Urbana, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Urbana, IL Rentals by Map
See the most popular apartments and homes in Urbana, IL
Getting Around Urbana, IL
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Yugo Urbana Illinois listed at $1,359.
How much is rent for a Cheap One Bedroom Urbana Apartment?
The lowest price for a Cheap One Bedroom Urbana Apartment is $675 at 105 E John St.
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 $755 at Clark Street.
What is the most affordable Urbana Three Bedroom Apartment?
The best deal on a cheap Urbana Three Bedroom Apartment rental is at Parker Glen and starts from $680.
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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.