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Apartments in Downtown Champaign

1 - 30 of 358 Results
13
$1,550 - 1,720
520 Neil
5.0
520 N Neil St Champaign, IL
1 - 2 BR | Available Now
Contact
Downtown
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
11
$970 - 1,480
The Inman by Royse + Brinkmeyer
17 E University Ave Champaign, IL
Studio - 2 BR | Available Now
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
Storage
4
$665 - 785
Clark Street Apartments by Royse + Brinkmeyer
307, 311 W. Clark St. Champaign, IL
1 - 2 BR | Jun. 1, 2024
Contact
Downtown
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
4
$1,100 - 1,200
Aguas Properties
Champaign Champaign, IL
2 - 3 BR | Aug. 7, 2024
Contact
Downtown
1
$650 - 775
Braun Meyer Apartments
1.0
Southwest Champaign Champaign, IL
2 BR | Available Now
Contact
Townhome
Balcony/Deck/Patio
Dishwasher
8
$1,475
116A N. Walnut
Champaign, IL
2 BR | Jul. 7, 2024
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
Storage
6
$2,000
Hw - Neil Street Spritzer
209 N Neil St Champaign, IL
1 BR | Available Now
Contact
Downtown
Dog Friendly
Cat Friendly
Storage
29
3D Tour
$1,670 - 1,999
134 - 217 S Neil
217 S Neil St Champaign, IL
2 BR | Jun. 17, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
$6,000
Neil - Date
301 N Neil St Champaign, IL
3 BR | Available Now
Contact
Downtown
Dog Friendly
Cat Friendly
34
$2,000 - 2,650
301 S Water St
Champaign, IL
4 BR | Available Now
Contact
Student
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
25
$500 - 900
PER BED
& UNIT
312 South State Street
Champaign, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
2
$820
State Street Apartments
307, 309 S. State St. Champaign, IL
1 BR | Jul. 20, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$1,650
403 W University
Champaign, IL
2 BR | Aug. 12, 2024
Contact
Downtown
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
6
$1,595
208 Washington
Deal
Champaign, IL
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
2
3D Tour
$1,150
210 West Washington
Deal
210 Washington Champaign, IL
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
House
Dishwasher
12
$1,050
212 West Washington
Deal
212 W. Washington Champaign, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Fireplace
5
$995 - 1,525
408 W. Church
Champaign, IL
Studio - 2 BR | Available Now
Contact
Downtown
2
$895 - 995
312SP
3.0
312 W. Springfield Champaign, IL
1 BR | Aug. 7, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
2
$800
407 White
407 W White St Champaign, IL
2 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
2
$775
310 W Washington St
Champaign, IL
2 BR | Available Now
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
2
3D Tour
$795 - 985
Gregory Schoolhouse Lofts
Deal
202 W Columbia Champaign, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Dishwasher
Fireplace
16
$450
412CH
412 W. Church Champaign, IL
1 BR | Aug. 7, 2024
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
3
$980 - 1,200
202COL
202 W Columbia Ave Champaign, IL
1 - 2 BR | Aug. 7, 2024
Contact
Downtown
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
17
$850 - 995
201EL
201 S Elm St Champaign, IL
1 - 2 BR | Aug. 7, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
19
$685
404 Springfield
404 W Springfield Ave Champaign, IL
1 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$220 - 257
PER
ROOM
307 W Columbia
Deal
Champaign, IL
3 BR | Available Now
Contact
Student
5
$375
PER
BED
209 E Clark St
Champaign, IL
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Dishwasher
Midtown
2
$1,500 - 2,900
505 S First St
2.9
Champaign, IL
2 - 4 BR | Available Now
Contact
Heat Included
Furnished
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
7
$1,100
RP
4.5
Ramshaw Properties Rental Champaign, IL
3 BR | Aug. 7, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
2
$850 - 1,400
311CO
311 W. Columbia Champaign, IL
1 - 2 BR | Aug. 7, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1 - 30 of 358 Results
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Frequently Asked Questions

How many apartments are available in Downtown on Rentable.co?

Rentable.co has over 354 apartments available near Downtown.

What is the average rent for a studio apartment in Downtown?

The average rent for a studio apartment near Downtown is around $720 per month.

What is the average rent for a one-bedroom apartment in Downtown?

The average rent for a one-bedroom apartment near Downtown is around $895 per month.

What is the average rent for a two-bedroom apartment in Downtown?

The average rent for a two-bedroom apartment near Downtown is around $1,100 per month.

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

Rentable.co has over 8,059 apartments available in Champaign.

What is the average rent for a studio apartment in Champaign, IL?

The average rent for a studio apartment in Champaign is around $820 per month.

What is the average rent for a one-bedroom apartment in Champaign, IL?

The average rent for a one-bedroom apartment in Champaign is around $1,180 per month.

What is the average rent for a two-bedroom apartment in Champaign, IL?

The average rent for a two-bedroom apartment in Champaign is around $1,510 per month.

How expensive is it to rent an apartment in Champaign, IL?

For a two-bedroom apartment in Champaign, the average rent price is $1,510 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Champaign, IL?

Based on average rent prices in Champaign, to afford a studio apartment you would need an annual household income of $33,000 to live comfortably.

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:
May Rent Report

Welcome to the May 2024 Champaign Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,600
$1,200
$800
$400
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Champaign Rent Prices Increase From April to May

Champaign rent prices increased over the last month. From April to May, the city experienced a 9.82% increase for the price of a one-bedroom apartment. The rent price for a Champaign one-bedroom apartments currently stands at $1,118.0.

When we take a look at the two-bedroom comparison from April to May, Champaign experienced a 7.72% increase for the price of a two-bedroom apartment. The rent price for a Champaign two-bedroom apartments currently stands at $1,507.0.

May Prices: Champaign vs. Surrounding Areas

Savoy, IL
Champaign, IL
Urbana, IL
Rantoul, IL
$1,036
$1,018
$779
$645
$0
$350
$700
$1,050
$1,400
Median 1 BR Rent

Rent Prices in Champaign and Surrounding Areas

Rent prices have increased 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 3 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:

  • Rent increased in Urbana, IL, Rantoul, IL, Savoy, IL .

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

  • 3 suburbs are currently priced lower than the city of Champaign.

May 2024 Pricing Trends: Champaign vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Champaign, IL
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$1,018
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Champaign Rent Prices More Affordable Than Major Cities

Rent growth in Champaign over the past year has been on the rise. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Champaign, IL $1,018.0 10.29% $1,399.0 9.04%
Urbana, IL $779.0 2.50% $1,047.0 2.35%
Rantoul, IL $645.0 0.94% $748.0 0.00%
Savoy, IL $1,036.0 1.77% $1,228.0 1.32%

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.

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