Homes for Rent in Urbana, IL Under $2,000 (47 Rentals)

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property at 506 E Elm St

$1,500

1 Bedroom Rentals

Available Now

506 E Elm St

UrbanaIL61802

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.

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property at 1203 Dean Dr

$1,350

2 Bedroom Rentals

Available Now

1203 Dean Dr

UrbanaIL61802
property at 1113 W Hill St

$1,050 - $2,000

2 To 5 Bedroom Rentals

Available Now

1113 W Hill St

UrbanaIL61801

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.

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property at 1103 N Market St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

1103 N Market St

ChampaignIL61820

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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property at 921 N 4th St

$1,590

Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Total Monthly Price
$1,590

4 Bedroom, 2 Bath Home for Rent

Available Now

921 N 4th St

ChampaignIL61820
property at 310 Cottage Ct

$1,400 - $2,250

1 To 3 Bedroom Rentals

Available Sep 6

310 Cottage Ct

ChampaignIL61820

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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Showing Results 1-47, Page 1 of 1

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!

Explore Urbana, IL Rentals by Map

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See the most popular apartments and homes in Urbana, IL

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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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.