502 E Harding Dr
UrbanaIL61801
Cheap Homes for Rent in Urbana, IL from $700 (39 Rentals)
Search the lowest-cost Homes available for rent right now in Urbana.
502 E Harding Dr
UrbanaIL61801
606 E Elm St
UrbanaIL61802
804 W Hill St
ChampaignIL61820
609 W White St
ChampaignIL61820
711 W Church St
ChampaignIL61820
313 Cottage Ct
ChampaignIL61820
907 E California Ave, Unit 2, Unit 2
907 E California Ave
UrbanaIL61801
713 W Church 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.
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$9252 Bedroom Apartments Available Now
101 N Busey Ave, Unit 6
101 N Busey AveUrbana, IL 61801
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$9252 Bedroom Apartments Available Aug 18
101 N Busey Ave, Unit 3
101 N Busey AveUrbana, IL 61801
514 S Elm St
ChampaignIL61820
2507 Brownfield Rd
UrbanaIL61802
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$9252 Bedroom Apartments Available Aug 18
102 N Lincoln Ave, Unit 3
102 N Lincoln AveUrbana, IL 61801
508 E Columbia Ave
ChampaignIL61820
1306 E Michigan Ave
UrbanaIL61801
807 E Park St
UrbanaIL61802
904 N Broadway Ave
UrbanaIL61801
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.
1002 Harding Dr
UrbanaIL61801
919 W Beardsley Ave
ChampaignIL61821
1404 S Cottage Grove Ave
UrbanaIL61801
1601 N Willow Rd
UrbanaIL61801
906 E Harding Dr
UrbanaIL61801
1605 N Willow Rd
UrbanaIL61801
1911 Melrose Dr
ChampaignIL61820
1004 W Hill St
UrbanaIL61801
615 W White St
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.
108 S 5th St
ChampaignIL61820
710 E University Ave
UrbanaIL61802
908 Gregory Dr
UrbanaIL61801
514 W Bradley Ave
ChampaignIL61820
1008 N Mckinley Ave
ChampaignIL61821
1311 S Cottage Grove Ave
UrbanaIL61801
1019 W Bradley Ave
ChampaignIL61821
1304 Christopher Cir
UrbanaIL61802
904 N Busey Ave
UrbanaIL61801
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.
602 MacArthur Dr
UrbanaIL61802
711 S Lynn St
UrbanaIL61801
209 W Eureka St
ChampaignIL61820
Showing Results 1-39, 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 | $1,320 | $850 | $2,000 |
| Urbana 3 Bedroom Homes for Rent | $1,979 | $1,097 | $5,000 |
| Urbana 4 Bedroom Homes for Rent | $2,109 | $1,600 | $2,800 |
| Urbana 5 Bedroom Homes for Rent | $2,929 | $2,200 | $3,600 |
| Urbana 6 Bedroom Homes for Rent | $6,200 | $6,200 | $6,200 |
| Urbana 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 4 Beds unit found at 305JOH in the Downtown Champaign neighborhood priced from $499. Parker Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $499. Here is today’s list of the most affordable Urbana apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305JOH | Spacious 4 Bed/3 Bath Apartment on the corner o... | 4BR,3BA | $499 |
| Parker Glen | 1Bdrm | 1BR,1BA | $499 |
| THE ALCOVE @ SECOND & JOHN | 3 Bedroom 1 Bath | 3BR,1BA | $600 |
| 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 |
| 58 E Healey | 58 E Healey - 309 | 1BR,1BA | $825 |
| Aspen Court | The Beech | 1BR,1BA | $847 |
| University Park | One Bedroom | 1BR,1BA | $850 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $850 |
Best Value Apartments for Rent in Urbana, IL
As of May 21, 2026 the best value apartment in the Urbana area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Urbana apartment is the D1 Model at Campus Circle Urbana starting at $919 with a $0.65 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. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Campus Circle Urbana | D1 | 4BR,4BA | $0.65 |
| 201 S Busey Ave | 201 S Busey Ave - 2 | 2BR,1BA | $1.10 |
| 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 |
| The Linc Apartments | 2x2 | 2BR,2BA | $0.88 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.09 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $1.02 |
| 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.
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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.
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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.
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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 602 Apartments for Rent in Urbana, IL with pricing that ranges from $499 to $3,800. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $700 to $6,200.
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 $700 to $6,200 with an average monthly rent of $2,800.
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 $600 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,097 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,600 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
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.