609 W White St
ChampaignIL61820
Cheap Homes for Rent in Urbana, IL from $800 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Urbana.
711 W Church St
ChampaignIL61820
315 Cottage Ct
ChampaignIL61820
313 Cottage Ct
ChampaignIL61820
904 N Broadway Ave
UrbanaIL61801
921 N 4th St
ChampaignIL61820
504 E Church St
ChampaignIL61820
108 S 5th St
ChampaignIL61820
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.
1002 Harding Dr
UrbanaIL61801
502 Kerr Ave
UrbanaIL61801
1113 W Hill St
UrbanaIL61801
1905 Christopher Cir
UrbanaIL61802
906 E Harding Dr
UrbanaIL61801
1605 N Willow Rd
UrbanaIL61801
1303 Brian Pl
UrbanaIL61802
615 W White St
ChampaignIL61820
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.
1004 W Hill St
UrbanaIL61801
908 Gregory Dr
UrbanaIL61801
1008 N Mckinley Ave
ChampaignIL61821
1019 W Bradley Ave
ChampaignIL61821
908 W Eureka St
ChampaignIL61821
711 S Lynn St
UrbanaIL61801
308 W John St
ChampaignIL61820
705 1/2 W Springfield Ave
ChampaignIL61820
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.
Showing Results 1-24, 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 | $1,252 | $850 | $1,600 |
| Urbana 3 Bedroom Homes for Rent | $2,065 | $1,325 | $5,000 |
| Urbana 4 Bedroom Homes for Rent | $1,655 | $1,000 | $2,015 |
| Urbana 5 Bedroom Homes for Rent | $2,961 | $1,900 | $3,600 |
| Urbana 7 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 priced from $533. 305JOH in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $590. Here is today’s list of the most affordable Urbana apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $533 |
| 305JOH | Spacious 4 Bed/3 Bath Apartment on the corner o... | 4BR,3BA | $590 |
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $699 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
Best Value Apartments for Rent in Urbana, IL
As of July 05, 2026 the best value apartment in the Urbana area is the $0.64 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $899. The second greatest value Urbana apartment is the D3 Model at The Dean Campustown starting at $1,210 with a $0.93 price per square foot in the Downtown Champaign neighborhood. 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. |
|---|---|---|---|
| Campus Circle Urbana | D1 | 4BR,4BA | $0.64 |
| The Dean Campustown | D3 | 4BR,4BA | $0.93 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.69 |
| 201 S Busey Ave | 201 S Busey Ave - 5 | 2BR,1BA | $1.07 |
| 59JOH | 4 Bedroom Apartment @ First & John: Available N... | 4BR,3BA | $0.46 |
| Pfeffer Apartments - NOW LEASING AUGUST 2026 | Shared Apartment Individual Lease | 1BR,1BA | $0.58 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| 106 S Urbana Ave, Unit 1.5 | 106 S Urbana Ave | 1BR,1BA | $1.09 |
| 202 E. Green St by Bankier Apartments | 4BR/3BA | 4BR,3BA | $0.82 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
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!
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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 610 Apartments for Rent in Urbana, IL with pricing that ranges from $533 to $3,800. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $725 to $5,000.
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 $725 to $5,000 with an average monthly rent of $1,554.
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 $785 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $635.
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.