Average Rent in Urbana, IL
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Urbana’s rental market offers a diverse mix of housing choices that cater to students, families, and professionals alike. The city’s vibrant downtown, with its walkable streets, boutique shops, and lively dining scene, is a popular hub for apartment seekers, while quiet residential neighborhoods such as the Historic East Side and the University District provide a more suburban feel. Proximity to the University of Illinois campus, the Krannert Center for the Performing Arts, and the Urbana‑Champaign Steeple Chase makes the area especially attractive for those who value cultural amenities and easy access to education and research facilities.
Apartment rentals in Urbana typically fall within the $900s for studios and one‑bedroom units, while two‑ and three‑bedroom apartments trend toward the $1,100‑$1,400 bracket, reflecting the demand for spacious living close to campus and downtown. For renters seeking single‑family homes, one‑ and two‑bedroom houses generally sit in the $1,000‑$1,300 range, three‑bedroom homes average around $1,800, and larger four‑plus‑bedroom properties can reach the $2,600 range, offering ample space for growing families or shared‑house arrangements.
The city’s blend of historic charm and modern convenience, coupled with strong transportation links—including bike paths, bus routes, and nearby interstate access—makes Urbana a compelling option for anyone looking to settle in a welcoming Midwestern community with robust rental opportunities.
Urbana Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $785 | $800 | $660 – $895 | $660 – $895 |
| Apartment | 1 Bedroom | $892 | $884 | $445 – $1,475 | $815 – $1,000 |
| Apartment | 2 Bedroom | $1,240 | $1,250 | $505 – $2,115 | $1,048 – $1,465 |
| Apartment | 3 Bedroom | $1,402 | $1,409 | $625 – $2,000 | $1,145 – $1,785 |
| Apartment | 4+ Bedroom | $1,476 | $1,494 | $465 – $3,495 | $639 – $2,100 |
| House | 2 Bedroom | $1,375 | $1,340 | $850 – $2,295 | $1,195 – $1,540 |
| House | 3 Bedroom | $1,941 | $1,875 | $1,100 – $3,300 | $1,600 – $2,250 |
| House | 4+ Bedroom | $2,532 | $2,395 | $1,600 – $3,850 | $2,005 – $2,750 |
Current rent in Urbana (all property types): Studio $785, 1 Bedroom $902, 2 Bedroom $1,314, 3 Bedroom $1,825, 4+ Bedroom $2,214.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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