Rental market snapshot for Urbana, Illinois

Urbana, Illinois Rental Property Market Overview

Urbana, Illinois is a vibrant city located in Champaign County. According to the US Census, the population of Urbana in 2021 is 38,681. Urbana is home to the University of Illinois at Urbana-Champaign, making it a popular destination for students and faculty. The city is also known for its diverse culture, with a variety of restaurants, shops, and entertainment venues. Urbana is a great place to live, work, and play, and its population is growing every year. (Source: US Census, 2021)

The average rent for an apartment in Urbana is $1,117. 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 Urbana Illinois | Cost of Living

  • The most expensive ZIP code in Urbana is 61801 with an average price of $1,261.
  • The cheapest ZIP code in Urbana is 61802 with an average price of $1,096.

Urbana ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
161801$1,261
261802$1,096

Live near Urbana, Illinois's Top Sights and Attractions

Crystal Lake Park is a picturesque park located in the heart of a bustling city. It features a large lake surrounded by lush greenery, making it a great spot for a peaceful stroll or a picnic. The park also offers a variety of recreational activities, including fishing, boating, swimming, and hiking. There are also several playgrounds, a disc golf course, and a skate park. The park is a popular destination for families, friends, and couples looking for a relaxing day in nature.

Douglass Park is a large public park located in the heart of Urbana. It features a variety of amenities, including a playground, a large pond, a walking path, a picnic area, and a disc golf course. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for families and visitors alike, and is a great place to spend a day outdoors.

Krannert Art Museum and Kinkead Pavilion is a world-class art museum and gallery located in Urbana, Illinois. The museum houses a permanent collection of over 10,000 works of art from around the world, including paintings, sculptures, prints, photographs, and decorative arts. The Kinkead Pavilion is a modern, glass-enclosed structure that houses rotating exhibitions of contemporary art. The museum also offers educational programs, lectures, and workshops for visitors of all ages.

The Museum of Natural History is a popular attraction in Urbana, Illinois. It is a large museum that houses a variety of exhibits and displays that focus on the natural world. The museum features a variety of interactive exhibits, educational programs, and activities that explore the natural history of the area. Visitors can explore the museum's collections of fossils, minerals, and artifacts, as well as learn about the history of the region. The museum also offers a variety of special events and activities throughout the year, including lectures, workshops, and field trips.

Meadowbrook Park is a sprawling outdoor recreation area located in central Illinois. It features a variety of activities for visitors of all ages, including a large lake with a beach, a playground, a disc golf course, a picnic area, and a nature center. The park also offers a variety of trails for walking, biking, and horseback riding, as well as a campground for overnight stays. Visitors can also take part in special events and programs, such as fishing derbies, bird watching, and educational programs.

Chief Shemauger Park is a large park located in Urbana, Illinois. It features a variety of activities, including a playground, picnic areas, a walking path, and a pond. The park also has a large open field, perfect for playing sports or having a picnic. There are also several benches and tables scattered throughout the park, making it a great spot for relaxing and enjoying the outdoors. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.

Crestview Park is a beautiful outdoor space located in Urbana, Illinois. It features a large pond, a playground, and plenty of open green space for picnicking, walking, and playing. The park also has a variety of trees, shrubs, and flowers, making it a great place to relax and enjoy nature. There are also several trails for biking and hiking, as well as a disc golf course. The park is a great place to spend time with family and friends, or to just enjoy some time alone.

Hull House Museum is a historic attraction in Urbana, Illinois that celebrates the life and work of Jane Addams, a Nobel Peace Prize winner and social reformer. The museum is located in the former Hull Mansion, which was built in 1856 and served as the home of Addams and her family for over 40 years. Visitors can explore the mansion and learn about Addams' life and her work in the settlement house movement. The museum also features interactive exhibits, educational programs, and a variety of artifacts related to Addams' life and work.

Ambucs Park is a large outdoor recreational area located in Urbana, Illinois. It features a variety of activities, including a large playground, a walking path, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or just enjoying the outdoors. The park is well-maintained and provides a great place for families and friends to spend time together.

King Park is a large, sprawling park located in the heart of Urbana. It features a variety of amenities, including a large lake, a playground, a picnic area, a walking path, and a disc golf course. The park also has a variety of trees and plants, making it a great spot for nature lovers. In addition, the park is home to a variety of wildlife, including ducks, geese, and other birds. King Park is a great place to spend an afternoon, whether you're looking for a peaceful stroll or an exciting game of disc golf.

Urbana, Illinois area median rent change by ZIP code map

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How does Urbana compare to other cities in Illinois?

citymedian price
Evanston$2,950
Elmhurst$2,617
Crest Hill$2,395
Montgomery$2,295
Mundelein$2,150
Joliet$2,100
Wheeling$2,034
Waukegan$1,350
Rockford$1,049

Average household income in Urbana area graph - US Census

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The median household income in Urbana in 2021 was $37,701. This represents a 24.4% change from 2011 when the median was $30,313.

#categorypercent
0Less than $10,00019.7%
1$10,000 to $14,9995.6%
2$15,000 to $19,9994.2%
3$20,000 to $24,9998.5%
4$25,000 to $29,9995.6%
5$30,000 to $34,9995.0%
6$35,000 to $39,9995.7%
7$40,000 to $44,9992.9%
8$45,000 to $49,9992.9%
9$50,000 to $59,9996.3%
10$60,000 to $74,9997.4%
11$75,000 to $99,9998.8%
12$100,000 to $124,9995.6%
13$125,000 to $149,9993.8%
14$150,000 to $199,9993.6%
15$200,000 or more4.1%

Neighborhoods in Urbana

We currently do not have this data but we are working to add this soon.

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 Urbana is $1,117.
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