
Cheap Student Apartments for Rent in Urbana, IL from $300 (162 Rentals)
Student Housing Options in Urbana.
Cheap Apartments in Urbana.


Capstone Quarters

Onyx Apartments

The Linc Apartments

Bailey Student Apartments Available 2026!

Yugo Urbana Illinois

Town & Country Apartments

Campus Circle Urbana

202 Race
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

809 W Springfield

506 W Elm

905 W Oregon

105 N Busey Ave

1105 W Main

809 W Stoughton

Hunsinger Apartments

908 W Stoughton St

1002 W Clark St

Smith Apartments @ 1009 West Clark
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.

Smith Apartments @ 1012 W Clark

406 E Elm St

1007 W Clark St

813 W Springfield Ave

Smith Apartments @ 1010 West Clark

Krannert View

203

209 N Coler Ave

106 S Gregory

Clark Street Apartments
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.

901 W Springfield Ave

Smith Apartments @ 610 W Stoughton St

Bailey Apartments

302CED

505 S Busey Ave

1010 W Stoughton

404 S. Urbana

Gregory Place West

Gregory Place East

804 W Illinois
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.

402 N Gregory St

901 Western | Student Housing

111 S Busey Ave

705 E Colorado Avenue

Crestview Park Apartments

Lincoln Place Apartments

The Retreat at Illinois

Pfeffer Apartments - NOW LEASING AUGUST 2026

THE ALCOVE @ SECOND & JOHN

705 S 1st St
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
Urbana, IL Local Guide

How much does it cost to rent an apartment in Urbana?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Urbana Studio Apartments | $1,481 | $615 | $2,290 |
| Urbana 1 Bedroom Apartments | $1,289 | $445 | $2,419 |
| Urbana 2 Bedroom Apartments | $1,318 | $685 | $2,385 |
| Urbana 3 Bedroom Apartments | $1,377 | $600 | $2,900 |
| Urbana 4 Bedroom Apartments | $1,511 | $635 | $3,800 |
Explore Urbana
Urbana, IL Local Guide
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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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
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
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 Element on Main listed at $875.
How much is rent for a Cheap One Bedroom Urbana Apartment?
The lowest price for a Cheap One Bedroom Urbana Apartment is $750 at Bailey Student Apartments Available 2026!.
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 Urbana Estates and starts from $1,000.
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

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.

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.
