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Average Rent in Champaign, IL & Rent Trends

Rent prices and market trends across 3 apartment communities in Champaign, IL. Updated daily.

Market Average

$997/mo

Lowest Available

$800/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

7

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 From Properties Units
Champaign 61821 $1,053 $650 2 26
Midtown $1,042 $850 4 15
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 $997 per month across 3 apartment communities and 7 available units.

The most affordable option is Joe Allan Properties starting at $800/mo. By unit type, a studio averages $997/mo.

Prices range from $800 to $1,245 per month. The most common price point is the $800 range, where 5 units are currently listed.

Champaign, IL Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Champaign, IL

Studio
$997
from $800 · 7 units

Rent Prices by Apartment in Champaign, IL

Property Starting at Average Units Rating
Joe Allan Properties $800/mo $800/mo 1 3.1
Cochrane Premier Properties $850/mo $1,030/mo 3 2.4
University Group $850/mo $1,030/mo 3 4.1

Frequently Asked Questions About Rent in Champaign, IL

What is the average rent in Champaign, IL?

The average rent in Champaign, IL is $997 per month as of July 2026, based on 7 units across 3 apartment communities.

Is rent going up or down in Champaign, IL?

The current average rent in Champaign, IL is $997/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Champaign, IL?

The most affordable apartment in Champaign, IL is Joe Allan Properties with units starting at $800/mo.

How many apartments are available in Champaign, IL?

There are 7 units available across 3 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

$40,000/year

Based on the 30 percent rule, using our tracked average rent of $997/mo.

Comfortable income

$48,000/year

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

To afford the cheapest tracked apartment ($800/mo), you need to earn at least $32,000/year.

Median household income in Champaign, IL is $57,544 , about 20% 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) $997
Utilities $292
Groceries $503
Transportation $695
Healthcare $339
Other goods and services $543
Estimated total $3,368/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

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