
New Apartments for Rent in Urbana, IL Under $1,500 (51 Rentals)


Eastland Apartments

Campus Circle Urbana

Yugo Urbana Illinois

The Cottages

Aspen Court

901 Western | Student Housing

305 W Washington

2414 N Neil

512 W Clark St.
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.

309 W Washington

314 S State St

301 W. University Ave

214 E Clark St

Alley Lofts at The Pilot

The Dean Campustown

BRAND NEW The Station @ 505 S Fifth

Pacifica on Green

Latitude | Student Housing

Parker Glen
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Legacy202

103 E John St

505 South First

208 East Clark Street

305 W. Clark St

408 W Church St

122 W Hill St

404 E Clark St

405 E Stoughton St

112 E John St
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.

Parkview Apartments

Midtown Plaza

201 W Green St

213 W Green St

54 E John St

Hub Champaign

302 E Clark St

609 South Randolph Street

209 E University Ave

106 E Armory Ave
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.

501 S Sixth

608 E Chalmers

Octave

303 E Chalmers St

908 S First

The Rive Champaign

Healey Place Apartments

103 E Healey St

309 E Springfield Ave (New Construction)

507 Second | Student Housing
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 |
|---|---|---|---|
| Urbana Studio Apartments | $1,513 | $615 | $2,470 |
| Urbana 1 Bedroom Apartments | $1,288 | $575 | $2,340 |
| Urbana 2 Bedroom Apartments | $1,382 | $685 | $2,385 |
| Urbana 3 Bedroom Apartments | $1,459 | $685 | $2,900 |
| Urbana 4 Bedroom Apartments | $1,566 | $635 | $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 New Urbana Apartments
What is the Cheapest New apartment in Urbana?
Currently the most affordable New Apartment in Urbana is at Latitude | Student Housing listed at $850.
How much is the average rent for a New Urbana Apartment?
The average rent for a New Apartment in Urbana is $1,774.
What is the largest New Urbana Apartment for rent?
Today's New apartment with the most square footage in Urbana is a 1,604 square feet unit starting from $850 at Latitude | Student Housing.
What is the average size for Urbana New Apartments for rent?
The average size for a New rental in Urbana is currently at 680 sq ft.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.