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Location

316 Cedar St #0, Champaign, IL 61820, USA

Tour 316 Cedar St #0

Contact

Professional Property Management of CU, Inc.

(217) 351-1800

Amenities for 316 Cedar St #0

Apartment Amenities

Air ConditioningHardwood Floor

Appliances

DishwasherIn-Unit Laundry

Building

Business Center

Grounds

Assigned ParkingStorage

Services

On-Site Management
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 316 Cedar St #0

HomeApartments in Champaign 316 Cedar St #0, Champaign, IL 61820, USA

Leasing for July 10th, 2026 move in! Rare openings in this building. One on the first floor, one on the second. 2 Bedroom, 1 Bathroom apartments, where you will know your neighbors. Small community located right next to Hessel Park. Unfurnished. All apartments feature easy care wood floors. Excellent kitchens that have it all. In unit washer/dryer and great storage. Great location near shopping, dining, State Farm Center, Law and Business campus. Just off the UIUC campus. Managed by Professional Property Management of CU, Inc. Call for a showing.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 316 Cedar St, Champaign, IL 61820, USA compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

Address details

Zip code61820
TypeApartment for rent

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Rent trends in Champaign

2-bedroom apartments at 316 Cedar St #0 cost about 19% less than the average rent price for 2-bedroom apartments in Champaign.

Median rents as of Jan 24 2026.
Champaign
A table of 2-bedroom apartment rental data trends in Champaign
MonthMedian Rent
February 2024$1,137
March 2024$1,158
April 2024$1,112
May 2024$1,100
June 2024$1,118
July 2024$1,173
August 2024$1,180
September 2024$1,184
October 2024$1,328
November 2024$1,318
December 2024$1,318
January 2025$1,292
February 2025$1,262
March 2025$1,295
April 2025$1,395
May 2025$1,213
June 2025$1,210
July 2025$1,214
August 2025$1,236
September 2025$1,224
October 2025$1,202
November 2025$1,322
December 2025$1,431
January 2026$1,181

Affordability calculator

Can I afford to live at 316 Cedar St #0?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$39,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 2-bedrooms monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 316 Cedar St, Champaign, IL.
11 months ago$8952 bed1 bath
5 years ago$7802 bed1 bath

Schools near 316 Cedar St #0

Bottenfield Elementary School

1801 s prospect ave

champaign, IL, 61820

K-5Public
B+

South Side Elementary School

715 s new st

champaign, IL, 61820

K-5Public
B

Westview Elementary School

703 s russell st

champaign, IL, 61821

K-5Public
C+

International Prep Academy

1605 w kirby ave

champaign, IL, 61821

K-8Public
B-

Dr. Howard Elementary School

110 n james

champaign, IL, 61821

K-5Public
B+
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Internet available near 316 Cedar St #0

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Champaign near 316 Cedar St #0

Walking

6/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 316 Cedar St #0, Champaign

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 316 Cedar St #0

Green Onion Asian Market
2020 S Neil St
Annapoorrna Store
505 S Neil St
AM-Ko Oriental Foods & Gifts
101 E Springfield Ave
County Market
331 E Stoughton St
Natural Gourmet
1739 W Kirby Ave

Other units at this address

316 Cedar St Champaign, IL

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

$780

Listed by Leasing Office
Days on market: 1923
LEASING FOR JANUARY, 2021 Rare opening in this building! This is awesome! 2 Bedroom, 1 Bath, 2nd floor unit! Your inner Chef will LOVE this apartment. Recently renovated with wood like floors. Kitchen has top of the line appliances including flat top stove, built in microwave, dishwasher and disposal. Full size washer/dryer included in unit. Central Air too! Location is great! Right by Hessel Park, near shopping, dining and close to UIUC. You pay electric/gas, water and internet. Sorry, NO pets and this is a NO smoking building. Managed by Professional Property Management of CU, Inc. 217 351 1800 www 316cedar com Application: https www hemlane com listings 316-cedar-st-champaign-il-61820-usa ad82058e-6a6e-4071-852a-1c85d82f9808 No Pets Allowed

Occupied

E

2 Beds

1 Bath

$895

Listed by Professional Property Management of CU, Inc.
Days on market: 349
Leasing for May 12th move in! Rare Opening in this building. Amazing 2 bedroom, 1 bathroom apartment in Champaign. Chef's kitchen and also in unit washer/dryer! Close to south campus, Research Park, Memorial Stadium, shopping, dining, parks and bus lines. This is a NO smoking building and it does NOT allow pets. Managed by Professional Property Management of CU, Inc. Call the office to schedule a showing. You can see a video here! https youtu be LZoYCxDvt3M

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