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 increased by 6% in the last month and have increased by 4% 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 $895. A 1-bedroom apartment in Urbana, IL costs about $750 on average, while a 2-bedroom apartment is $949. Houses for rent in Urbana, IL are more expensive, with an average monthly cost of $1,400.


1 bedroom	$730	3%	16%
2 bedroom	$1,000	3%	14%
3 bedroom	$1,475	7%	2%
4 bedroom	$1,950	9%	23%
Studio	$1,020	2%	36%


Apartments	$895	17%	No Change
Condos	$1,150	10%	No Change
Houses	$1,400	5%	No Change
Rooms	$1,074	No Change	-

Studio

Average rent

$1,020

Last 30 days

Last year

36%

1 bedroom

Average rent

$730

Last 30 days

Last year

16%

2 bedroom

Average rent

$1,000

Last 30 days

Last year

14%

3 bedroom

Average rent

$1,475

Last 30 days

Last year

4 bedroom

Average rent

$1,950

Last 30 days

Last year

23%

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$1,122

43%

lower than the national median

Median rent price$1,125

43%

lower than the national median

Takeaway

The median rent for all rentals in Urbana, IL is equal to 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

$1,125

10%

Last year

Brazil

$750

24%

Last year

Champaign

$1,287

Last year

Charleston

$725

Last year

Danville

$825

11%

Last year

Decatur

$855

Last year

Normal

$1,398

Last year

Rantoul

$700

Last year

Saint Joseph

$1,145

46%

Last year

Savoy

$1,250

13%

Last year

Terre Haute

$950

Last year

Tolono

$1,475

41%

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.