1903 N Lincoln Ave
UrbanaIL61801
Cheap Homes for Rent in Urbana, IL from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Urbana.
2008 Vawter St
UrbanaIL61801
904 N Broadway Ave
UrbanaIL61801
38 E Beardsley Ave
ChampaignIL61820
913 N Gregory St
UrbanaIL61801
810 E High St
UrbanaIL61801
Showing Results 1-6, 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 | $1,288 | $775 | $1,850 |
| Urbana 3 Bedroom Homes for Rent | $1,868 | $1,150 | $5,000 |
| Urbana 4 Bedroom Homes for Rent | $1,658 | $1,300 | $1,885 |
| Urbana 5 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
| Urbana 7 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Top Homes for Rent in Urbana
Explore Urbana
Urbana, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Urbana Apartments for Rent
The cheapest available apartment rental in Urbana, IL is a 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. 1002SEC in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $658. Here is today’s list of the most affordable Urbana apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Updated 4 Bed/THREE Bath apartment on the corne... | 4BR,3BA | $499 |
| 1002SEC | Remodeled Unit 4 Bed 2 Bath on Frat Park | 4BR,2BA | $658 |
| 105 E John St | One Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Urbana, IL
As of September 18, 2025 the best value apartment in the Urbana area is the $0.97 price per square foot 3 Bedroom Model at 605 S Prairie St in the in the Downtown Champaign neighborhood starting from $1,750. The second greatest value Urbana apartment is the 705 W Healey St Model at 705 W Healey St, Unit 705 Healey starting at $1,800 with a $1.03 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. |
|---|---|---|---|
| 605 S Prairie St | 3 Bedroom | 3BR,2BA | $0.97 |
| 705 W Healey St, Unit 705 Healey | 705 W Healey St | 3BR,1.5BA | $1.03 |
| 1008 S. 4th | C1 | 3BR,2BA | $0.75 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
| 608 E Chalmers | PRICE DROP! INDIVIDUAL LEASING! Brand New 3x3s ... | 3BR,3BA | $0.83 |
| Legacy 202 | 4x4B | 4BR,4BA | $0.71 |
| 59JOH | 3 Bed, 2 Bath @ John & First St. | 3BR,2BA | $0.42 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
| 702 W Green St, Unit 3 | 702 W Green St | 3BR,1BA | $1.00 |
| Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
Quick 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.
Let everyone know!
Do you know the Urbana area?
If you’re an expert on all things Urbana, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 556 Apartments for Rent in Urbana, IL with pricing that ranges from $575 to $3,900. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $675 to $7,000.
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 $675 to $7,000 with an average monthly rent of $2,681.
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 $680 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $785.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.