406 E Elm

Apartment
1 bed
1 bath
520 sqft
No pets

About 406 E Elm

This 1-bedroom, 1-bathroom apartment at 406 E Elm in Urbana, IL 61802 rents for $875 a month. It has 520 square feet.

Amenities: Furniture Included Optional.
7 days on RentalSource
RentalSource last checked: 15 hours ago · Listing updated: November 4, 2026
Managed by Community Property Management · (217) 863-1321
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $875
Bedrooms: 1 bed
Bathrooms: 1 bath
Size: 520 sqft
Pets: No
Laundry: Inquire
Parking: Yes
Available: July 29, 2027
ID: 84691056

Amenities

  • Trash Included
  • Parking
  • 24-Hour Maintenance
  • Electric Range
  • High-Speed Internet
  • Refrigerator

Leasing Information

Fees
  • Deposit $437 (mandatory, refundable, move-in).

How the Rent Compares

At $875 a month, this apartment is close to the typical rent for 1-bedroom apartments and condos in Urbana (about $950).

From 33 one-bedroom apartments and condos listed in Urbana on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$950Typical rent for 1-bedroom apartments and condos in Urbana
$880–$1,170Middle half of their rents
31 daysAverage time they have been listed

See 1+ bedroom rentals in Urbana

Rent History

This home was last listed for rent on RentalSource from February to May 2026 for $825. Today's rent is $50 higher.

Rent history for this home, newest first
DateEventRentChange
November 4, 2026 Listed for rent $875+6.1% +6.1%
May 7, 2026 Listing removed $825
February 10, 2026 Listed for rent $825+3.1% +3.1%
October 17, 2025 Listing removed $800
September 26, 2025 Listed for rent $800
June 18, 2025 Listing removed $800
May 31, 2025 Listed for rent $800+28.0% +28.0%
December 20, 2023 Listing removed $625
March 12, 2023 Listing removed $625

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 406 E Elm?
Bedrooms
1 bedroom
30%
10% Recommended 50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$35,000 /year
With your chosen rent-to-income ratio, an annual income of $35,000 is recommended to comfortably afford this 1-bedroom rental priced at $875 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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Apartment for rent
$875
Deposit $437 · All fees
Can I afford this home?
Interested in 406 E Elm?
Find out more about this property & see if it's available now.
Property managed by
(217) 863-1321 · View all 11 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
406 E Elm, Urbana, IL 61802
Apartment for rent
$875
Deposit $437 · All fees
Can I afford this home?
Interested in 406 E Elm?
Find out more about this property & see if it's available now.
Property managed by
(217) 863-1321 · View all 11 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
$875
Apartment for rent
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406 E Elm, Urbana, IL 61802 - Apartment for Rent

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