
Apartments for Rent in Urbana, IL Under $1,200 (297 Rentals)


Total Monthly Price
107 W Oregon St, Unit 1, Unit 1

202 Race

Parkside

Fairlawn Village

Eastland Apartments

Campus Circle Urbana

808 N Lincoln Ave. Urbana, IL

Bailey Student Apartments Available 2026!

Element on Main
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.

University Park

Total Monthly Price
606 E Elm St, Unit 4, Unit 4

Philo Estates Apartments

Urbana Estates

Town & Country Apartments

Yugo Urbana Illinois

Prairie Green Apartment Homes

The Linc Apartments

Onyx Apartments
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.

Capstone Quarters

The Atrium

116 W Vermont Ave

908 Gregory Dr

710 E University Ave

1506 Philo Rd

1004 W Hill St

204 E Oregon St

906 E Harding Dr

1605 N Willow Rd

1404 S Cottage Grove Ave

1506 S Philo Rd

712 W Illinois St

807 E Park St

413 W Main St

2207 Pond St

2507 Brownfield Rd

101 N Busey Ave, Unit 3

102 N Lincoln Ave, Unit 3

101 N Busey Ave, Unit 6

907 E California Ave, Unit 2, Unit 2

805 E Main St

904 S Webber St

606 E Elm St

704 E California Ave

502 E Harding Dr

502 E Harding Dr

802 W Illinois St

Willowbrook Apartments

1003 W Stoughton
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 Under $1200 | $1,433 | $615 | $2,290 |
| Urbana 1 Bedroom Apartments Under $1200 | $1,237 | $499 | $2,419 |
| Urbana 2 Bedroom Apartments Under $1200 | $1,315 | $685 | $2,385 |
| Urbana 3 Bedroom Apartments Under $1200 | $1,402 | $600 | $2,900 |
| Urbana 4 Bedroom Apartments Under $1200 | $1,487 | $499 | $3,800 |
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Urbana, IL Local Guide
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Real 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 Urbana
How much are Studio apartments in Urbana?
There are currently 93 Studio Apartments in Urbana with rent ranges from $615 to $2,290 with an average price of $1,433.
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 $499 to $2,419 with an average monthly rent of $1,237.
What does renting a Two Bedroom Apartment in Urbana cost?
The monthly rent prices of Two Bedroom Apartments currently available in Urbana range from $685 to $2,385. Today's average rental price for Two Bedrooms here is $1,315.
How expensive are Urbana Three Bedroom Apartments?
There are currently 133 Three Bedroom Apartments listings available in Urbana on ApartmentHomeLiving.com. The pricing ranges from $600 to $2,900 - averaging $1,402 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.
