
Low Income Apartments for Rent in Urbana, IL (3 Rentals)

Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Town Center Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Parker Glen
Urbana, IL Local Guide

How much does it cost to rent an apartment in Urbana?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Urbana Low Income Studio Apartments | $1,513 | $450 | $2,470 |
| Urbana Low Income 1 Bedroom Apartments | $1,300 | $533 | $2,047 |
| Urbana Low Income 2 Bedroom Apartments | $1,415 | $450 | $2,828 |
| Urbana Low Income 3 Bedroom Apartments | $1,506 | $714 | $2,900 |
| Urbana Low Income 4 Bedroom Apartments | $1,487 | $637 | $3,800 |
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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.
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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.
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
Frequently Asked Questions about Urbana
How much are Studio apartments in Urbana?
There are currently 100 Studio Apartments in Urbana with rent ranges from $389 to $2,470 with an average price of $1,444.
What is the current price range for One Bedroom Urbana Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Urbana ranges from $533 to $2,047 with an average monthly rent of $1,300.
What does renting a Two Bedroom Apartment in Urbana cost?
The monthly rent prices of Two Bedroom Apartments currently available in Urbana range from $450 to $2,828. Today's average rental price for Two Bedrooms here is $1,415.
How expensive are Urbana Three Bedroom Apartments?
There are currently 134 Three Bedroom Apartments listings available in Urbana on ApartmentHomeLiving.com. The pricing ranges from $714 to $2,900 - averaging $1,506 for the location.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.