10 Minutes Ago
Highlights
- Stand-up shower
- Updated kitchen
- Coin laundry
- Newer bathroom
Location
306 Thompson St, Urbana, IL 61801, USA
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Property Overview
306 Thompson Street Urbana, IL offers strong overall value with an 8/10 expert rating, highlighted by competitive pricing and a high standard of living for the cost. The property features an updated kitchen, newer bathroom with stand-up shower, and coin laundry, and stands out for its excellent 9/10 ratings in both amenities and location, including walkability and nearby public transit. It is also recognized for pet friendliness, environmental sustainability with many nearby parks and on-site recycling or composting, and an 8/10 trustworthiness score reflecting a transparent, detailed listing.
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- Dishwasher
- Laundry available on site
Great for
Pet owners
Eco living
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $700 /mo | 1 unit available | Welcome to this updated first-floor studio apartment with a bonus room located at 306 Thompson Street in Urbana, IL! This unit offers a unique layout with a separate flex space—perfect for a home office, walk-in closet, or extra storage. Enjoy an updated kitchen featuring a fridge, stove, dishwasher, and above-range microwave, along with a newer bathroom with a stand-up shower. Rent Details: $700/month $800 security deposit (may vary based on credit/rental history) $70/month utility reimbursement (water, sewer, garbage) Tenant pays electric (separately metered) Electric baseboard heat Pet Friendly: Cats and small dogs under 40 lbs welcome $50/month per pet + applicable deposits Amenities: Coin laundry in clean, dedicated basement First-floor unit for easy access Location: Conveniently located in Urbana with easy access to shopping, dining, and campus areas. Application Requirements: Credit, background, and rental application required for all residents 18+ Apply or schedule a showing: Visit www rentzp com or call 217-212-2040 Managed by Zindars Property Management LLC Under new ownership and management! |
Let's explore this property.
Amenities for 306 Thompson Street Urbana, IL
Appliances
| Above Range Microwave | Dishwasher |
| Fridge | Refrigerator |
| Stove |
Building
| Cats OK | Coin Laundry in Basement |
| Onsite Laundry |
Services
| Trash and Recycling |
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
Welcome to this updated first-floor studio apartment with a bonus room located at 306 Thompson Street in Urbana, IL! This unit offers a unique layout with a separate flex space—perfect for a home office, walk-in closet, or extra storage. Enjoy an updated kitchen featuring a fridge, stove, dishwasher, and above-range microwave, along with a newer bathroom with a stand-up shower. Rent Details: $700/month $800 security deposit (may vary based on credit/rental history) $70/month utility reimbursement (water, sewer, garbage) Tenant pays electric (separately metered) Electric baseboard heat Pet Friendly: Cats and small dogs under 40 lbs welcome $50/month per pet + applicable deposits Amenities: Coin laundry in clean, dedicated basement First-floor unit for easy access Location: Conveniently located in Urbana with easy access to shopping, dining, and campus areas. Application Requirements: Credit, background, and rental application required for all residents 18+ Apply or schedule a showing: Visit www rentzp com or call 217-212-2040 Managed by Zindars Property Management LLC Under new ownership and management!
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.
8.0
/10
Very GoodWith a solid 8 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 Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 306 Thompson Street Urbana, IL is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
306 Thompson Street Urbana, IL goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 306 Thompson Street Urbana, IL receives one of the highest amenities scores.
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
- Dishwasher
- Dishwasher available in kitchen
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- 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 19% less than the average rent price for 1-bedroom apartments in Urbana.
Median rents as of Apr 18 2026.
Urbana
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $807 |
| January 2026 | $830 |
| February 2026 | $831 |
| March 2026 | $856 |
| April 2026 | $870 |
Affordability calculator
Can I afford to live at 306 Thompson St?
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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
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
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 306 Thompson Street Urbana, IL
Neighborhood
Getting around Urbana near 306 Thompson St
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 St, 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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