
Cheap Apartments for Rent in Urbana, IL from $300 with Washer/Dryer (68 Rentals)
Search the lowest-cost Apartments available for rent right now in Urbana.


1005 S Busey Ave

502 E Harding Dr

Prairie Green Apartment Homes

Philo Estates Apartments

507 W Green St, Unit C

Total Monthly Price
207 S Pfeffer Rd, Unit 207 1BR

Town & Country Apartments

102 N Lincoln Ave, Unit 6

Total Monthly Price
2213 Philo Rd, Unit 1
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.

Eastland Apartments

202 Race

Total Monthly Price
707 W California Ave

Fairlawn Village

Central Park Apartments

2008 Vawter St

The Cove

102 N Gregory St

Michigan East - Campus Property Management

804 W Illinois 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.

Deerfield Woods

Gregory Place West

402 N Gregory St

211 N Central

Windsor Duplexes

1306 E Michigan Ave

813 W Main

Crestview Park Apartments

1905 Christopher Cir

1004 W Hill St
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.

Willowbrook Apartments

Carisbrooke Apartments

Colony West

Town Center Apartments

Midtown Center

Alley Lofts

905 South Locust Street

706 S Locust St

The Gardens at 304 E Clark

308 East Armory
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.

312 E White St

Bankier Apartments

1106 Euclid St

Chalmers Manor

903-909 S Locust St

608 E White St

510 Stoughton

Hessel on the Park

202 E Chalmers St

110 E John St.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,464 | $615 | $2,290 |
| Urbana 1 Bedroom Apartments | $1,278 | $499 | $2,200 |
| Urbana 2 Bedroom Apartments | $1,363 | $685 | $2,385 |
| Urbana 3 Bedroom Apartments | $1,468 | $785 | $2,900 |
| Urbana 4 Bedroom Apartments | $1,495 | $635 | $3,800 |
Explore Urbana
Urbana, IL Local Guide
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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.
Read ArticleReal 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.
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 $499 at Parker Glen.
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 $850 at Prairie Green Apartment Homes.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.