4 Days Ago
Location
506 N Elm St, Champaign, IL 61820, USA
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Property Overview
506 N Elm St receives a strong Zumper expert rating of 7.9 out of 10, with a competitive price rating of 8 and exceptional amenities and location ratings of 9 each. The property features beautiful hardwood floors and is positioned for convenient access to grocery stores, public transport, and a vibrant social scene, with 99 restaurants and 17 parks nearby. Additionally, it promotes environmental sustainability with on-site recycling options and excellent walkability.
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
Elementary school nearby- Middle school nearby
- Less expensive
Great for
Social life
Eco living
Floor plans
| 1 Bed / 1 Bath | 1 bed | 1 bath | 500 sqft | $860 /mo | 1 unit available | AVAILABLE FOR AUGUST 2026! This charming 1-bedroom, 1-bathroom apartment is ideally located just minutes from downtown Champaign, offering both convenience and comfort. Featuring beautiful hardwood floors throughout, the space is bright and airy, providing a welcoming atmosphere. JSJ Property Management 302 W. Springfield Ave. Champaign, IL 61820 217-352-5509 |
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Amenities for 506 N Elm St
Apartment Amenities
| Hardwood Floor | Trash |
| Water |
Appliances
| Fridge | Oven |
| Refrigerator |
Building
| Sewer |
Neighborhood
| Downtown |
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
Building details
Property details
| Units | 5 |
|---|
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About 506 N Elm St
AVAILABLE FOR AUGUST 2026! This charming 1-bedroom, 1-bathroom apartment is ideally located just minutes from downtown Champaign, offering both convenience and comfort. Featuring beautiful hardwood floors throughout, the space is bright and airy, providing a welcoming atmosphere. JSJ Property Management 302 W. Springfield Ave. Champaign, IL 61820 217-352-5509
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.
7.9
/10
Very Good506 N Elm St is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities 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·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, 506 N Elm St 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.
506 N Elm St goes above and beyond to provide sought-after conveniences and desirable perks, including downtown. Renters looking for popular or luxurious features will find them here—and for that reason, 506 N Elm St 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.
506 N Elm St 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 506 N Elm St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
506 N Elm St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
506 N Elm St 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 506 N Elm St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Middle school nearby
- There is a middle school 0.3 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Champaign
1-bedroom apartments at 506 N Elm St cost about 31% less than the average rent price for 1-bedroom apartments in Champaign.
Median rents as of Feb 28 2026.
Champaign
| Month | Median Rent |
|---|---|
| March 2024 | $842 |
| April 2024 | $850 |
| May 2024 | $846 |
| June 2024 | $839 |
| July 2024 | $842 |
| August 2024 | $796 |
| September 2024 | $855 |
| October 2024 | $922 |
| November 2024 | $917 |
| December 2024 | $937 |
| January 2025 | $947 |
| February 2025 | $924 |
| March 2025 | $934 |
| April 2025 | $1,003 |
| May 2025 | $984 |
| June 2025 | $992 |
| July 2025 | $916 |
| August 2025 | $925 |
| September 2025 | $1,009 |
| October 2025 | $1,024 |
| November 2025 | $1,091 |
| December 2025 | $1,149 |
| January 2026 | $997 |
| February 2026 | $993 |
Affordability calculator
Can I afford to live at 506 N Elm 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
$34,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,400 annually to afford this 1-bedroom monthly rent price of $860.
For more information on rent affordability, visit our rent calculator.
Schools near 506 N Elm St
Stratton Elementary School
902 n randolph st
champaign, IL, 61820
K-5Public
C+
Dr. Howard Elementary School
110 n james
champaign, IL, 61821
K-5Public
B+
South Side Elementary School
715 s new st
champaign, IL, 61820
K-5Public
B
Washington Elementary School
606 e grove st
champaign, IL, 61820
K-5Public
B
Westview Elementary School
703 s russell st
champaign, IL, 61821
K-5Public
C+
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Internet available near 506 N Elm St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Champaign near 506 N Elm St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 506 N Elm St, Champaign
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
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