Skip to content

Last updated

Average Rent in Champaign, IL & Rent Trends

Rent prices and market trends across 9 apartment communities in Champaign, IL. Updated daily.

Champaign 6180261821

Market Average

$1,036/mo

▲ +7.4% from last month

Lowest Available

$600/mo

cheapest unit on market

Communities

9

tracked daily

Units Listed

47

available now

Rent by Neighborhood in Champaign, IL

Compare average rent across Champaign, IL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Champaign 61821 $1,053 ▼  $153 $650 2 26
Midtown $1,032 ▼  $58 $600 6 18
Champaign 61802 $908 - $775 1 3

Is Rent Going Up or Down in Champaign, IL?

As of July 2026, the average rent in Champaign, IL is $1,036 per month across 9 apartment communities and 47 available units. Rents have increased $71 (7.4%) over the past month.

The most affordable option is MHM Properties starting at $600/mo. By unit type, a studio averages $948/mo, a 1-bedroom averages $904/mo, a 2-bedroom averages $1,135/mo, a 4-bedroom averages $600/mo.

Prices range from $600 to $1,795 per month. The most common price point is the $800 range, where 23 units are currently listed.

Champaign, IL Rent Price History

Window
View as table
Month Avg Rent Change Properties
June 2026 $963 - 8
July 2026 $983 +$20 9

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Champaign, IL

Studio
$948
from $700 · 6 units
1 Bed
$904
from $650 · 13 units
2 Bed
$1,135
from $850 · 27 units
4 Bed
$600
from $600 · 1 units

Rent Prices by Apartment in Champaign, IL

Property Starting at Average Units Rating
MHM Properties $600/mo $650/mo 2 4.6
Joe Allan Properties $650/mo $771/mo 6 3.1
Urbana Estates $775/mo $908/mo 3 3.3
Community Property Management $800/mo $1,138/mo 20 4.3
Cochrane Premier Properties $850/mo $1,037/mo 5 2.4
University Group $850/mo $1,037/mo 5 4.1
Moisson Properties $875/mo $1,033/mo 3 4.8

Frequently Asked Questions About Rent in Champaign, IL

What is the average rent in Champaign, IL?

The average rent in Champaign, IL is $1,036 per month as of July 2026, based on 47 units across 9 apartment communities.

Is rent going up or down in Champaign, IL?

Rent in Champaign, IL has increased $71 (7.4%) over the past month. The current average is $1,036/mo.

What is the cheapest apartment in Champaign, IL?

The most affordable apartment in Champaign, IL is MHM Properties with units starting at $600/mo.

How much is a 1-bedroom apartment in Champaign, IL?

A 1-bedroom apartment in Champaign, IL averages $904/mo, with prices starting at $650/mo across 13 available units.

How many apartments are available in Champaign, IL?

There are 47 units available across 9 apartment communities in Champaign, IL.

What salary do I need to live comfortably in Champaign, IL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$41,000/year

Based on the 30 percent rule, using our tracked average rent of $1,036/mo.

Comfortable income

$50,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($600/mo), you need to earn at least $24,000/year.

Median household income in Champaign, IL is $57,544 , about 16% above the comfortable-living threshold.

Cost of living in Champaign, IL

Overall prices in Champaign, IL runs below the national average by about 9% (BEA Regional Price Parity index 90.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Champaign, IL's regional price parities.

Category Monthly estimate
Rent (market average) $1,036
Utilities $292
Groceries $503
Transportation $695
Healthcare $339
Other goods and services $543
Estimated total $3,407/mo

Population

88,822

Median household income

$57,544

Census median rent

$1,103/mo

Rent as % of income

34.4%

Median age

27.1

Mean commute

15 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Champaign, IL Apartments

Browse all 9 communities with daily-updated pricing and availability.

Don't see your city?

Tell us where you're moving. We'll find apartments nearby and start tracking real prices for you, free.

Request Your City

Looking for the best deal?

Find Your Match