Apartments in Downtown Champaign

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$760 - 875
2000 N Mattis Ave Champaign, IL
1 - 2 BR | Available Now
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9
$1,275 - 1,825
1712 Gentry Square Ln Champaign, IL
1 - 2 BR | Mar. 8, 2027
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Storage
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Dishwasher
3
$1,949
1915 S. Mattis Champaign, IL
3 BR | Available Now
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11
$750
Champaign, IL
2 BR | Available Now
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Surface Parking
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5
$900
Champaign, IL
4 BR | Available Now
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301 - 305 of 305 Results
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Downtown Neighborhood Summary

Champaign is not a large city, but its downtown punches above its weight class. It’s anchored by three historic theaters: The Art, The Orpheum, and The Virginia. Of the three, only The Art — which has been in business since 1913, and for a time in the 1970s was a porno theater — still shows films: art-house and European, mostly. The Orpheum now houses the Children’s Science Museum, and The Virginia is a 1525-seat playhouse, music venue, and community arts theatre.

Culinary culture is alive and well in downtown Champaign, with a number of the city’s best restaurants — like Asian fusion hotspot Miga — calling the district home. Expect to find a slightly more upscale atmosphere, with shopping geared toward the post-college crowd. (There is, however, a vape shop).

Champaign:
October Rent Report

Welcome to the October 2026 Champaign Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2026 key findings and figures for the Champaign rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Champaign and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Champaign average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Champaign Rent Prices Decrease From September to October

Champaign rent prices decreased over the last month. From September to October, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Champaign one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from September to October, Champaign experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Champaign two-bedroom apartments currently stands at $.

October Prices: Champaign vs. Surrounding Areas

Rent Prices in Champaign and Surrounding Areas

Rent prices have decreased in Champaign over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Champaign suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Champaign suburbs

  • Rents did not decrease in any of the Champaign suburbs.

October 2026 Pricing Trends: Champaign vs. National Comparisons

Champaign Rent Prices More Affordable Than Major Cities

Rent growth in Champaign over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Champaign average rent prices appear to be relatively affordable for local residents.

The price for a Champaign one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Champaign and surrounding area rent prices, take a look at the complete data set below.

Data set for Champaign and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.