Updated 19 Hours Ago
Highlights
Pet Friendly
Location
704 E Colorado Ave, Urbana, IL 61801, USA
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Property Overview
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Middle school nearby
Great for
Pet owners
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 900 sqft | $1,450 /mo | 1 unit available | Newly remodeled 2-bedroom, 1-bath duplex!! It combines modern updates with practical conveniences. This unit includes a dishwasher and washer/dryer hookups, and comes with an attached garage. A nice sitting area in the backyard provides an outdoor spot for relaxing or entertaining. Located in Urbana, this property offers an updated living space with functional amenities. |
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Amenities for 704 E Colorado
Building
| Cats OK | Dogs OK |
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
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 704 E Colorado
Newly remodeled 2-bedroom, 1-bath duplex!! It combines modern updates with practical conveniences. This unit includes a dishwasher and washer/dryer hookups, and comes with an attached garage. A nice sitting area in the backyard provides an outdoor spot for relaxing or entertaining. Located in Urbana, this property offers an updated living space with functional amenities.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.5
/10
Very Good704 E Colorado is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, 704 E Colorado has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 704 E Colorado is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
704 E Colorado is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 704 E Colorado does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
704 E Colorado is great for:
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 704 E Colorado compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 200 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Urbana
2-bedroom apartments at 704 E Colorado cost about 32% more than the average rent price for 2-bedroom apartments in Urbana.
Median rents as of Sep 5 2026.
Urbana
| Month | Median Rent |
|---|---|
| September 2024 | $730 |
| October 2024 | $783 |
| November 2024 | $755 |
| December 2024 | $872 |
| January 2025 | $809 |
| February 2025 | $793 |
| March 2025 | $769 |
| April 2025 | $784 |
| May 2025 | $803 |
| June 2025 | $843 |
| July 2025 | $739 |
| August 2025 | $766 |
| October 2025 | $907 |
| November 2025 | $864 |
| December 2025 | $807 |
| January 2026 | $830 |
| February 2026 | $831 |
| March 2026 | $856 |
| April 2026 | $870 |
| May 2026 | $847 |
| June 2026 | $845 |
| July 2026 | $926 |
| August 2026 | $900 |
| September 2026 | $845 |
Affordability calculator
Can I afford to live at 704 E Colorado Ave?
Bedrooms
2 bedroomsRent-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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 704 E Colorado
Wiley Elementary School
1602 s anderson st
urbana, IL, 61801
K-5Public
C
Urbana Early Childhood Center
2202 e washington st
urbana, IL, 61802
PKPublic
Thomasboro Grade School
201 n phillips st
thomasboro, IL, 61878
PK, K-8Public
C-
Gifford Grade School
po box 70
gifford, IL, 61847
K-8Public
B
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Internet available near 704 E Colorado
Neighborhood
Getting around Urbana near 704 E Colorado Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
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 704 E Colorado Ave, Urbana
Groceries
6/10
Variety of groceries within a short drive
Shopping
4/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
4/10
Variety of bars within a short drive
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