Zumper
modified
20 Hours Ago

Highlights

  • Pet Friendly
  • Non-smoking
  • In-unit washer and dryer
  • Luxury vinyl plank flooring
  • Central air system

Location

403 W University Ave, Champaign, IL 61820, USA
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Contact

Management

Sharp Pad Properties LLC

Leasing office

(217) 858-4862 ext. 2

Property Overview

403 W University receives a strong Zumper expert rating of 7.9, reflecting its appeal as a rental option with a competitive price rating of 7 out of 10 that balances value and cost effectively. Notable features include luxury vinyl plank flooring and a central air system, while its superb amenities and location ratings of 10 and 9 highlight the quality of life it offers, further enhanced by pros like proximity to parks, social venues, and eco-friendly options. This property also shows a commitment to transparency and trustworthiness with a rating of 8.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, 403 W University is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 403 W University has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • High school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Eco living
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath686 sqft$1,475 /mo1 unit availableWelcome to the Luxury One Bedroom Downtown Champaign, located in the vibrant heart of Champaign, IL. This first-floor unit offers a spacious layout with one bedroom and one bathroom, perfect for those seeking a blend of comfort and convenience. The apartment is fully furnished, featuring a modern design with luxury vinyl plank flooring that adds a touch of elegance to the space. The in-unit washer and dryer provide an added convenience, eliminating the need for laundromat trips. The central air system ensures a comfortable living environment year-round. Experience the perfect blend of style, comfort, and convenience at the Luxury One Bedroom Downtown Champaign. Ask us about our pet policy. Non-smoking.
2BR/2.0BA2 bed2 bath898+ sqft$1,745–$1,825 /mo2 units availableExperience the epitome of luxury living in Champaign, IL with our 2Bed/2Bath Luxury Loft. This stunning apartment boasts two spacious bedrooms and two full bathrooms, providing ample space for your comfort and convenience. The interior features luxury vinyl plank flooring, adding a touch of elegance to the overall aesthetic. The loft is characterized by tall ceilings, creating an open and airy atmosphere that enhances the sense of space. The huge kitchen island is a standout feature, offering plenty of room for meal preparation and entertaining. Step outside to your private patio, a perfect spot for relaxation or outdoor dining. For those with pets, a $250 pet deposit is all it takes to ensure your furry friends can enjoy this luxurious space with you. Experience the best of Champaign living in this luxury loft. Ask us about our small pet policy. Non-Smoking. Reserved Parking for additional fee.

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Amenities for 403 W University

Apartment Amenities

Central AirFurnished
High CeilingsLarge kitchen island
Luxury Vinyl Plank FlooringPatio
Private PatioSpacious Rooms
TrashWater

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
RangeRefrigerator
StoveWasher and Dryer

Tech

Internet

Building

Cats OKDogs OK
Sewer

Grounds

Reserved Parking Available

Services

Recycling

Other

First Floor Unit
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units12
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About 403 W University

HomeApartments in Champaign 403 W University

Welcome to the Luxury One Bedroom Downtown Champaign, located in the vibrant heart of Champaign, IL. This first-floor unit offers a spacious layout with one bedroom and one bathroom, perfect for those seeking a blend of comfort and convenience. The apartment is fully furnished, featuring a modern design with luxury vinyl plank flooring that adds a touch of elegance to the space. The in-unit washer and dryer provide an added convenience, eliminating the need for laundromat trips. The central air system ensures a comfortable living environment year-round. Experience the perfect blend of style, comfort, and convenience at the Luxury One Bedroom Downtown Champaign. Ask us about our pet policy. Non-smoking.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 403 W University is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 403 W University has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 403 W University
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.
403 W University 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·10A 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.
403 W University stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
403 W University 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 403 W University 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.

403 W University is great for:

Work-from-home

  • High speed internet is an amenity
  • 3 internet service provider options nearby
  • Quiet environment with little noise pollution
  • 1 coworking space or cafe within 1 mile

Eco living

  • 18 parks within a mile
  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 3 pet supply stores near the property

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 403 W University compares to other nearby properties.

Positives

More space
The 1-bedroom is 312 sqft larger than other listings nearby
More space
The 2-bedroom is 405 sqft larger than other listings nearby
High school nearby
There is a high school 0.2 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

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Rent trends in Champaign

1-bedroom apartments here are priced 18% higher than 1-bedrooms in Champaign.

If you decide to upgrade your space, you can expect 2-bedrooms at 403 W University to be 44% more than the average for similarly sized apartments in Champaign.

Median rents as of Feb 21 2026.
Champaign
A table of studio rental data trends in Champaign
MonthMedian Rent
March 2024$850
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$995

Affordability calculator

Can I afford to live at 403 W University Ave?

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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 1-bedroom monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.

Schools near 403 W University

South Side Elementary School

715 s new st

champaign, IL, 61820

K-5Public
B

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+

Westview Elementary School

703 s russell st

champaign, IL, 61821

K-5Public
C+

Washington Elementary School

606 e grove st

champaign, IL, 61820

K-5Public
B
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Internet available near 403 W University

Getting around Champaign near 403 W University Ave

Walking

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

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

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

Points of interest for 403 W University Ave, Champaign

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

7/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

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

5/10
Some bars within walking distance

Explore the area around 403 W University Ave

Annapoorrna Store
505 S Neil St
AM-Ko Oriental Foods & Gifts
101 E Springfield Ave
County Market
331 E Stoughton St
El Progreso
1017 1/2 W Bloomington Rd
Schnucks
109 N Mattis Ave

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