Homes for Rent in Urbana, IL Under $1,500 (61 Rentals)

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property at 714 S Wabash Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Jul 7

714 S Wabash Ave

UrbanaIL61801
property at 916 E Fairlawn Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Aug 8

916 E Fairlawn Dr

UrbanaIL61801
property at 201 W Park St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

201 W Park St

UrbanaIL61801

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 907 E California Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

907 E California Ave, Unit 2, Unit 2

907 E California Ave
UrbanaIL61801
property at 310 Cottage Ct

$1,400 - $2,250

1 To 3 Bedroom Rentals

Available Now

310 Cottage Ct

ChampaignIL61820
property at 404 S Prairie St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

404 S Prairie St

ChampaignIL61820
property at 209 W Eureka St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

209 W Eureka St

ChampaignIL61820
Showing Results 1-50, Page 1 of 2

Urbana, IL Local Guide

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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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.

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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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Frequently Asked Questions about Urbana

What type of rentals are currently available in Urbana?

There are currently 601 Apartments for Rent in Urbana, IL with pricing that ranges from $499 to $3,800. There are also 109 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

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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.

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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.

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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.

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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.