Rental market snapshot for Champaign, Illinois

Champaign, Illinois Rental Property Market Overview

Champaign, Illinois is a vibrant city located in the heart of the Midwest. With a population of 89,114 as of 2021 (US Census), it is the 11th most populous city in the state of Illinois. It is home to the University of Illinois at Urbana-Champaign, one of the nation's top public universities, and is a hub for education, culture, and entertainment. The city is known for its diverse population, vibrant nightlife, and numerous parks and recreational areas. It is also home to a number of major employers, including the University of Illinois, Carle Health System, and the Champaign-Urbana Mass Transit District.

The average rent for an apartment in Champaign is $1,266. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Champaign Illinois | Cost of Living

  • The most expensive ZIP code in Champaign is 61822 with an average price of $1,358.
  • The cheapest ZIP code in Champaign is 61821 with an average price of $1,027.

Champaign ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
161822$1,358
261820$1,274
361821$1,027

Live near Champaign, Illinois's Top Sights and Attractions

Centennial Park is a large outdoor recreational area located in the heart of Champaign. It features a variety of activities, including a large lake, walking and biking trails, playgrounds, picnic areas, and a disc golf course. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Washington Park is a large, lush green space located in the heart of Champaign. It features a variety of amenities, including a large pond, a playground, a walking path, a gazebo, and a variety of trees and plants. The park is a popular spot for picnics, outdoor concerts, and other events. It also serves as a great place for people to relax and enjoy the outdoors.

The William M Staerkel Planetarium is a state-of-the-art facility that offers a variety of educational and entertaining programs for all ages. It features a 50-foot dome theater with a Digistar 5 projection system, which provides a realistic simulation of the night sky. The planetarium also offers a variety of shows, lectures, and workshops on astronomy, space exploration, and other related topics. Additionally, the facility features a gift shop, a classroom, and a rooftop observatory.

Dodds Park is a large park located in the heart of Champaign. It features a variety of outdoor activities, including a large playground, a walking path, a basketball court, a sand volleyball court, a picnic area, and a fishing pond. The park also has a large open field, perfect for playing sports or just enjoying the outdoors. The park is well-maintained and offers a peaceful atmosphere for visitors to relax and enjoy the beauty of nature.

Clark Park is a large public park located in a residential area. It features a large pond with a fountain, a playground, a picnic area, and plenty of open green space. There are also several walking trails, a basketball court, and a baseball diamond. The park is a popular spot for families, joggers, and dog walkers.

Scott Park is a large public park located in the heart of the city. It features a variety of outdoor activities, including a large lake with a beach, a playground, a walking path, and a picnic area. There are also several sports fields, including baseball, softball, and soccer, as well as a disc golf course. The park also features a variety of trees and shrubs, making it a great place to relax and enjoy nature.

Dodds Soccer Complex is a premier soccer facility located in the heart of the Midwest. It features four full-sized, lighted soccer fields, a concession stand, and a playground. The complex is surrounded by a lush green landscape, providing a beautiful backdrop for soccer games and other activities. The complex is a popular destination for local teams, tournaments, and recreational activities.

W Side Park is a large outdoor recreational area located in Champaign, Illinois. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, and a fishing pond. The park also has a large open field perfect for sports and other activities. There are also several pavilions available for rent for special events. The park is well-maintained and provides a great place for visitors to relax and enjoy the outdoors.

Zahnd Park is a beautiful outdoor recreational area located in the heart of the Midwest. It features a variety of activities, such as a playground, a picnic area, a pond, and a walking path. The park also has a large open field, perfect for sports and other activities. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere. Visitors can also enjoy the park's many amenities, such as a concession stand, restrooms, and a pavilion. Zahnd Park is a great place to spend a day outdoors with family and friends.

Spalding Park is a large, lush park located in the heart of the city. It features a variety of outdoor activities, including a large playground, a walking path, a pond, and a variety of sports fields. The park also has a picnic area, a gazebo, and a pavilion. The park is a popular spot for families, with plenty of space for children to run and play. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Champaign, Illinois area median rent change by ZIP code map

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How does Champaign compare to other cities in Illinois?

citymedian price
Evanston$2,950
Norridge$2,395
Darien$2,185
Burbank$2,100
Carol Stream$2,100
West Dundee$2,000
Cary$1,895
Gurnee$1,831
Alsip$1,645
Highland$985

Average household income in Champaign area graph - US Census

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The median household income in Champaign in 2021 was $52,687. This represents a 27.3% change from 2011 when the median was $41,403.

#categorypercent
0Less than $10,00015.6%
1$10,000 to $14,9994.5%
2$15,000 to $19,9993.4%
3$20,000 to $24,9996.0%
4$25,000 to $29,9994.8%
5$30,000 to $34,9993.6%
6$35,000 to $39,9994.0%
7$40,000 to $44,9994.1%
8$45,000 to $49,9994.4%
9$50,000 to $59,9998.7%
10$60,000 to $74,9998.0%
11$75,000 to $99,9999.9%
12$100,000 to $124,9998.0%
13$125,000 to $149,9994.0%
14$150,000 to $199,9994.5%
15$200,000 or more6.6%

Neighborhoods in Champaign

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Champaign is $1,266.
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