Zumper
modified
11 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

(217) 359-6400

Property Overview

With a Zumper expert rating of 9.2 out of 10, 402RAC offers outstanding value in an enviable location, achieving a perfect score of 10/10 for proximity to schools and essential services. The property is recognized for its vibrant neighborhood, competitive pricing, and impressive amenities, including on-site laundry and a cat-friendly community. Renters will find the area rich in dining options and easily accessible public transportation, making it ideal for those seeking an active lifestyle.

This summary uses Zumper’s proprietary data. “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

Floor plans

402 S Race StudioStudio1 bath530 sqft$1,090 /mo1 unit available
402 S Race 1 Bedroom1 bed1 bath600 sqft$1,170 /mo1 unit available

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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

Questions about this property’s policies and fees?

Building details

Property details

Units15
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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!


402RAC is great for:

Social life

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

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 mile away
Middle school nearby
There is a middle school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 0.4 mile away

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Rent trends in Urbana

Studio apartments at 402RAC cost about 28% more than the average rent price for studios in Urbana.

1-bedroom apartments here are priced 36% higher than 1-bedrooms in Urbana.

Median rents as of Oct 18 2025.
Urbana
A table of studio rental data trends in Urbana
MonthMedian Rent
November 2023$554
December 2023$559
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$912

Affordability calculator

Can I afford to live at 402 S Race St?

Bedrooms

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

$43,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,600 annually to afford this studio monthly rent price of $1,090.
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
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Internet available near 402RAC

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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