Zumper
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Updated 2 Hours Ago

Highlights

  • Unfurnished apartments
  • Vibrant neighborhood
  • Cat-friendly community
  • On-site coin-operated laundry

Location

402 S Race St, Urbana, IL 61801, USA
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Management

Ramshaw Real Estate

Our team has verified this company

Leasing office

(309) 209-5719

Property Overview

402RAC stands out for its high overall Zumper rating, strong price-to-value balance, excellent location, and solid quality and trust scores. It offers unfurnished apartments, a cat-friendly community, on-site coin-operated laundry, and a vibrant, walkable neighborhood with transit options and many nearby restaurants, plus 24 photos and strong value per square foot.

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.

Zumper Expert Rating

9.2
Excellent
402RAC is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby
  • More space
  • Middle school nearby

Great for

  • Social life

Floor plans

Unique 1BD/1BA in Downtown Urbana1 bed1 bath600 sqft$1,170 /mo1 unit available

Let's explore this property.

Amenities for 402RAC

Building

Controlled AccessOnsite Laundry

Grounds

Assigned Parking
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

Questions about this property’s policies and fees?

Building details

Property details

Units15

About 402RAC

HomeApartments in Urbana 402RAC

Discover the charm of our one-bedroom apartments at 402 S Race St in Urbana, IL. These light-filled units, located in a historic building dating back to 1926, offer a unique blend of character and comfort. Just steps from the farmers market, you'll love the convenience and atmosphere of this vibrant neighborhood. The building features 16 units in total, with on-site coin-operated laundry. Each apartment is unfurnished and the community is cat-friendly. Don’t miss out—contact us today to schedule a tour!


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.
9.2
/10
Excellent
402RAC is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated 402RAC
Price·9A 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.
402RAC stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 402RAC 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
402RAC offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
402RAC has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 402RAC.
Trustworthiness·9A 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.
402RAC has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

402RAC is great for:

Social life

  • Areas nearby are accessible by walking
  • 87 restaurants within 1 mile of this property
  • A bustling neighborhood
  • The area has transit options

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 402RAC compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 miles away
More space
Studio is 130 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.5 miles away
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building

Considerations

Distance from grocery stores
The nearest grocery store is 4.5 miles away

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Rent trends in Urbana

1-bedroom apartments at 402RAC cost about 24% more than the average rent price for 1-bedroom apartments in Urbana.

Median rents as of Oct 24 2026.
Urbana
A table of studio rental data trends in Urbana
MonthMedian Rent
November 2024$761
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$879
October 2026$818

Affordability calculator

Can I afford to live at 402 S Race St?

Bedrooms

1 bedroom

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

$46,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,800 annually to afford this 1-bedroom monthly rent price of $1,170.
For more information on rent affordability, visit our rent calculator.

Schools near 402RAC

Leal Elementary School

312 w oregon st

urbana, IL, 61801

K-5Public
B-

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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Neighborhood

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

Getting around Urbana near 402 S Race St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 402 S Race St, Urbana

Groceries

9/10
At least one grocery store within a few minutes' 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

9/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

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