2 Days Ago
Highlights
- Dedicated laundry room
- Coin laundry
Location
306 Thompson Street, Urbana, Illinois 61801, United States
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Property Overview
306 Thompson Street Urbana, IL, features strong ratings across several categories, showcasing its appeal as a notable rental property. With an expert rating of 8.6 and outstanding scores for price, amenities, and location, it offers excellent value and convenience. Additionally, it excels in promoting environmental sustainability, pet-friendliness, and a vibrant social life, highlighted by nearby parks, restaurants, and public transport options.
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
Less expensive- More space
- Pet friendly
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 600 sqft | $800 /mo | 1 unit available | Affordable and cozy 1 bedroom and 1 bathroom apartment in Urbana, IL on first floor. Apartment is located at 306 Thompson Street Urbana, IL. Apartment comes with a fridge, stove, dishwasher and a/c unit. Monthly rent is $800 per month. Security deposit is $900, but could be higher based on credit and rental. Water, sewer, and garbage will be billed back through our utility reimbursement fee which is $70 each month. Tenant is responsible for the electric. This apartment has electric baseboard heat. Coin laundry available in dedicated laundry room in clean basement with new laundry equipment. Credit, background check and rental application required for each person over 18. Please visit our website at www rentzp com or call 217-212-2040 to get info sent to your phone or to schedule a showing online. Rental application is available on our website. This property is managed by Zindars Property Management LLC. |
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Amenities for 306 Thompson Street Urbana, IL
Building
| Cats 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
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About 306 Thompson Street Urbana, IL
Affordable and cozy 1 bedroom and 1 bathroom apartment in Urbana, IL on first floor. Apartment is located at 306 Thompson Street Urbana, IL. Apartment comes with a fridge, stove, dishwasher and a/c unit. Monthly rent is $800 per month. Security deposit is $900, but could be higher based on credit and rental. Water, sewer, and garbage will be billed back through our utility reimbursement fee which is $70 each month. Tenant is responsible for the electric. This apartment has electric baseboard heat. Coin laundry available in dedicated laundry room in clean basement with new laundry equipment. Credit, background check and rental application required for each person over 18. Please visit our website at www rentzp com or call 217-212-2040 to get info sent to your phone or to schedule a showing online. Rental application is available on our website. This property is managed by Zindars Property Management LLC.
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 306 Thompson Street Urbana, IL is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 306 Thompson Street Urbana, IL has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
306 Thompson Street Urbana, IL offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 306 Thompson Street Urbana, IL 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.
306 Thompson Street Urbana, IL 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 306 Thompson Street Urbana, IL 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.
306 Thompson Street Urbana, IL 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 306 Thompson Street Urbana, IL compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 219 sqft larger than other listings nearby
- Pet friendly
- This property allows pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Urbana
1-bedroom apartments at 306 Thompson Street Urbana, IL cost about 16% less than the average rent price for 1-bedroom apartments in Urbana.
Median rents as of Nov 29 2025.
Urbana
| Month | Median Rent |
|---|---|
| December 2023 | $558 |
| January 2024 | $556 |
| February 2024 | $706 |
| March 2024 | $743 |
| April 2024 | $761 |
| May 2024 | $751 |
| June 2024 | $714 |
| July 2024 | $702 |
| August 2024 | $801 |
| September 2024 | $828 |
| 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 |
Affordability calculator
Can I afford to live at 306 Thompson Street?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 306 Thompson Street Urbana, IL
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
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Internet available near 306 Thompson Street Urbana, IL
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Urbana near 306 Thompson Street
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 306 Thompson Street, Urbana
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
3/10
Some bars within walking distance
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