Average Rent in Urbana, IL and Rent Price Trends

Rent price trends in
Urbana, IL

Rent price trends

Rent prices for all bedroom counts and property types in Urbana, IL have remained the same in the last month and have decreased by 11% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Urbana, IL
The monthly rent for an apartment in Urbana, IL is $949. A 1-bedroom apartment in Urbana, IL costs about $899 on average, while a 2-bedroom apartment is $950. Houses for rent in Urbana, IL are more expensive, with an average monthly cost of $1,480.


1 bedroom	$897	2%	2%
2 bedroom	$995	2%	17%
3 bedroom	$1,495	9%	4%
4 bedroom	$1,950	5%	5%
Studio	$870	2%	39%


Apartments	$949	1%	No Change
Condos	$1,800	9%	No Change
Houses	$1,480	1%	No Change

Studio

Average rent

$870

Last 30 days

Last year

39%

1 bedroom

Average rent

$897

Last 30 days

Last year

2 bedroom

Average rent

$995

Last 30 days

Last year

17%

3 bedroom

Average rent

$1,495

Last 30 days

Last year

4 bedroom

Average rent

$1,950

Last 30 days

Last year

The table above reflects average rent prices in Urbana, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Urbana, IL to other cities

Median rent prices in Urbana, IL for all bedroom counts and property types compared to Bloomington, IL.

Urbana

Median rent price$1,050

45%

lower than the national median

Median rent price$1,100

43%

lower than the national median

Takeaway

The median rent for all rentals in Urbana, IL is 5% lower than the median rent in Bloomington, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Bloomington

$1,100

12%

Last year

Brazil

$905

47%

Last year

Champaign

$1,145

17%

Last year

Charleston

$719

Last year

Danville

$750

Last year

Decatur

$862

10%

Last year

Normal

$1,299

Last year

Rantoul

$750

Last year

Saint Joseph

$950

31%

Last year

Savoy

$1,345

Last year

Terre Haute

$950

Last year

Tolono

$1,250

106%

Last year

Cost of living in
Urbana, IL

The overall cost of living in Urbana, IL is 6% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.