806 W Stoughton Street
UrbanaIL61801
Cheap Homes for Rent in Urbana, IL from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Urbana.
802 W Hill St
ChampaignIL61820
1201 E Harding Dr
UrbanaIL61801
711 W Church St
ChampaignIL61820
1605 N Willow Rd
UrbanaIL61801
709 W Church St
ChampaignIL61820
313 Cottage Ct
ChampaignIL61820
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.
904 N Broadway Ave
UrbanaIL61801
1002 E Harding Dr
UrbanaIL61801
108 S 5th St
ChampaignIL61820
902 E Burkwood Dr
UrbanaIL61801
1113 W Hill St
UrbanaIL61801
805 N Busey Ave
UrbanaIL61801
2005 Bruce Dr
UrbanaIL61801
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.
908 N Gregory St
UrbanaIL61801
1008 N Mckinley Ave
ChampaignIL61821
913 N Gregory St
UrbanaIL61801
1019 W Bradley Ave
ChampaignIL61821
1306 Ellis Dr
UrbanaIL61801
303 W Eureka St
ChampaignIL61820
709 E Main St
UrbanaIL61802
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.
Showing Results 1-21, Page 1 of 1
Urbana, IL Local Guide
How much does it cost to rent a home in Urbana?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Urbana 2 Bedroom Homes for Rent | $1,209 | $800 | $1,860 |
| Urbana 3 Bedroom Homes for Rent | $1,949 | $1,250 | $5,000 |
| Urbana 4 Bedroom Homes for Rent | $1,718 | $1,590 | $2,000 |
| Urbana 5 Bedroom Homes for Rent | $2,922 | $2,250 | $3,595 |
| Urbana 6 Bedroom Homes for Rent | $5,600 | $5,600 | $5,600 |
| Urbana 7 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Top Homes for Rent in Urbana
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Urbana, IL Local Guide
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Cheapest Available Urbana Apartments for Rent
The cheapest available apartment rental in Urbana, IL is a 1 Bed unit found at Parker Glen II priced from $389. 1012 S 1st St in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $450. Here is today’s list of the most affordable Urbana apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen II | 1 Bedroom | 1BR,1BA | $389 |
| 1012 S 1st St | Individual Lease | 2BR,1BA | $450 |
| Parker Glen | 1Bdrm | 1BR,1BA | $533 |
| 813 W Springfield | 1 Space left! Fall lease, two bed one bath apar... | 2BR,1BA | $559 |
| 1002SEC | Flexible Bedroom Leases | Studio,2BA | $680 |
Best Value Apartments for Rent in Urbana, IL
As of August 19, 2026 the best value apartment in the Urbana area is the $0.61 price per square foot 5 Bed Spaces Left! Fall lease, four bed two bat... Model at 606 E Stoughton in the in the Downtown Champaign neighborhood starting from $749. The second greatest value Urbana apartment is the 4x2 Model at Onyx Apartments starting at $655 with a $0.55 price per square foot . Here is today’s list of the best values for Urbana apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 606 E Stoughton | 5 Bed Spaces Left! Fall lease, four bed two bat... | 4BR,2BA | $0.61 |
| Onyx Apartments | 4x2 | 4BR,2BA | $0.55 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.70 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.65 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.70 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.79 |
| 106 S Gregory | Fall lease, four bed two bath apartment in Grad... | 4BR,2BA | $0.64 |
| The Mansion | Individual Bedroom Leases | 3BR,1BA | $0.61 |
| Parker Glen | 1Bdrm | 1BR,1BA | $0.72 |
| Parker Glen II | 1 Bedroom | 1BR,1BA | $0.55 |
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 Article
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.
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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
What type of rentals are currently available in Urbana?
There are currently 605 Apartments for Rent in Urbana, IL with pricing that ranges from $450 to $3,800. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $750 to $5,600.
What is the current price range for Rental Homes in Urbana?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Urbana ranges from $750 to $5,600 with an average monthly rent of $1,841.
How much are larger Three and Four Bedroom Rentals in Urbana?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Urbana range from $714 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,590 and Four Bedroom Apartments start at $637.
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.