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Apartments Under $500 in Champaign, IL

1 - 30 of 58 Results
16
$450
412 W. Church
Champaign, IL
1 BR | Aug. 7, 2024
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
6
$345
PER
ROOM
107 E. Daniel
Champaign, IL
1 BR | Aug. 20, 2024
Contact
Furnished
Student
Air Conditioning
Storage
Disability Access
3
$477
PER
ROOM
905 S. Second
Champaign, IL
2 - 4 BR | Aug. 20, 2024
Contact
Furnished
Student
Air Conditioning
Surface Parking
In Unit Laundry
3
$375 - 495
PER
ROOM
107 S. Wright
Champaign, IL
3 - 5 BR | Available Now
Contact
Furnished
Air Conditioning
Surface Parking
Storage
Disability Access
3
$425 - 455
PER
ROOM
305 E John St
Champaign, IL
3 - 4 BR | Available Now
Contact
Furnished
Student
Air Conditioning
Covered Parking
In Unit Laundry
1
$487
PER
ROOM
310 E. Chalmers
Champaign, IL
2 BR | Aug. 20, 2024
Contact
Furnished
Student
Air Conditioning
Surface Parking
Storage
4
$ Ask - 1,700
PER
ROOM
202 E Chalmers St
Champaign, IL
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
4
$ Ask - 480
PER
ROOM
606 E Stoughton
Champaign, IL
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Storage
Dishwasher
12
$ Ask - 1,300
PER
ROOM
301 E Chalmers
Champaign, IL
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Storage
25
$500
312 South State Street
Champaign, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
8
$414 - 479
PER
ROOM
908 S. Vine St.
Champaign, IL
1 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
House
8
$424 - 499
PER
ROOM
913 S. Third St.
Champaign, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Dishwasher
6
3D Tour
$390 - 485
PER
ROOM
506 S Fourth
Deal
Champaign, IL
4 BR | Available Now
Contact
Furnished
Virtual Tour
Air Conditioning
Covered Parking
Balcony/Deck/Patio
7
3D Tour
$482 - 568
PER
ROOM
105 S Wright
Deal
Champaign, IL
4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
6
$415
507 W Church
Champaign, IL
Studio | Available Now
Contact
Furnished
Air Conditioning
Dishwasher
Downtown
8
3D Tour
$499 - 588
PER
ROOM
608 E Chalmers
Deal
Champaign, IL
4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
6
3D Tour
$400 - 605
PER
ROOM
52 E Armory
Deal
Champaign, IL
2 - 4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
4
$398
PER
ROOM
1011 S. Locust
Champaign, IL
2 BR | Available Now
Contact
Heat Included
Furnished
Campustown Rentals
8
$499
PER
ROOM
903 W. Oregon St.
Champaign, IL
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Dishwasher
9
3D Tour
$212 - 288
PER
BED
The Duplexes
4.0
3a Hanover Court Champaign, IL
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
8
$320 - 408
PER
ROOM
402 S Fifth
Deal
Champaign, IL
4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
8
$494
PER
ROOM
305 E. Green
Champaign, IL
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
4
3D Tour
$440 - 605
PER
ROOM
57 E Chalmers
Deal
Champaign, IL
2 - 4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
11
$475
PER
ROOM
311 Clark
311 E Clark Street Champaign, IL
3 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
5
$265 - 475
PER
ROOM
510 E White
Deal
4.0
Champaign, IL
2 - 4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Dishwasher
20
3D Tour
$495 - 570
Gramercy Park Apartments
2106 W. White Street Champaign, IL
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
10
$440
PER
ROOM
807 S Locust
Champaign, IL
4 BR | Available Now
Contact
Furnished
Student
Balcony/Deck/Patio
Dishwasher
Campustown Rentals
8
$484 - 489
PER
ROOM
803 W. Green St.
Champaign, IL
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Covered Parking
Dishwasher
22
$420 - 495
PER
ROOM
Horizon
102 S Lincoln Ave Champaign, IL
2 - 4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Covered Parking
Balcony/Deck/Patio
4
$350
PER
ROOM
The Gardens
4.0
304 E. Clark Champaign, IL
4 BR | Available Now
Contact
Furnished
Air Conditioning
Covered Parking
In Unit Laundry
1 - 30 of 58 Results
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  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Champaign, IL on Rentable.co?

There are 58 apartments under $500 in Champaign currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Champaign?

Rentable.co has 24 studio apartments under $500 available for rent in Champaign.

How many one-bedroom apartments under $500 are available in Champaign?

Rentable.co has 50 one-bedroom apartments under $500 available for rent in Champaign.

How many two-bedroom apartments under $500 are available in Champaign?

Rentable.co has 52 two-bedroom apartments under $500 available for rent in Champaign.

Can I afford a apartment under $500 in Champaign, IL?

To comfortably afford a apartment under $500 in Champaign based on average rent prices, a household would need an annual income of $19,000.

Which neighborhoods have the most apartments under $500 for rent in Champaign, IL?

  1. Campustown Rentals
  2. Midtown
  3. Downtown

Apartments Under $500 in Champaign, IL: April Rental Information

Welcome to the April 2024 Champaign Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Champaign rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Champaign and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Champaign.

With the April 2024 Champaign Apartment Report, renters can get a clear overview of the rental market, making it easier to find the perfect apartment that meets their budget and lifestyle. Whether you are a student, young professional, or someone looking for affordable housing options in Champaign, this report serves as a valuable resource to help you make an informed decision.
0 10 20 30 40 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760 $1,840 >$1,920
This month, the typical cost to rent a one-bedroom apartment in Champaign stands at $1,180, with the majority falling between $600 and $1,920. Out of the 631 one-bedroom apartments currently on the market in Champaign, 20 are priced below $500, accounting for 3% of the total available one-bedroom units in Champaign.

Available Apartments Under $500: Champaign vs. Surrounding Areas

Champaign, IL
Urbana, IL
47
23
In April 2024, there are a variety of affordable housing options available in Champaign, IL and the surrounding cities. The chart above displays the number of apartments under $500 currently listed on Rentable in Champaign, IL and its neighboring cities. Champaign has the highest number of available apartments, representing 76 units of rental inventory in the metro area. Additionally, the chart reveals the availability of affordable apartments in Savoy, Urbana, Villa Grove, Rantoul, Monticello, Pesotum, Mahomet, Tuscola, and St Joseph, providing renters with diverse options to choose from in the Champaign area.

Apartments Under $500 Now vs. Last Month: Champaign and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Champaign, IL 47 +0.95%
Urbana, IL 24 +0.96%
Rantoul, IL 1 +1.0%

Looking for Apartments Under $500 in Champaign?

Available apartments under $500 191
Top amenities Dishwasher, Furnished, Refrigerator, Trash Removal Included, Range / Oven
Deals 12
Pet friendly 50
Utilities included 30
Furnished 88
2 Bedroom 28
3 Bedroom 23
4 Bedroom 34
Square footage 442 - 1,128

Where are Champaign Apartments Under $500?

Top Neighborhoods Campustown rentals, Midtown, Downtown
Campustown Rentals 11
Midtown 3
Downtown 1
Browse Champaign Apartments
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