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503 S State St

House
3 beds
3 baths
4,200 sqft

About 503 S State St

Step into a one-of-a-kind historic residence at 503 South State Street, where classic architectural beauty meets modern comfort. This thoughtfully restored home showcases it's original charm while offering the updates and conveniences today's renters appreciate. Spanning three full stories plus a unique cupola lookout tower, the home is filled with natural light and rich in character throughout. The third floor offers a stunning and versatile space complete with a large recreation, media or family room and a full bathroom-perfect for entertaining, working from home or creating a private retreat. The property features four generously sized bedrooms and three and a half bathrooms, all tastefully updated to complement the home's historic design. A rare four-car garage with Ev charging adds exceptional convenience, while the expansive fenced yard provides multiple outdoor living options, including beautifully maintained gardens, a deck, porch and patio-ideal for relaxing or hosting guests. Located in one of Champaign's most sought-after historic neighborhoods, this home offers a unique opportunity to enjoy timeless elegance, modern amenities and a prime in-town location. To proceed with the rental of this unit, it is necessary for you to have an income that is at least three times the monthly rent. For instance, if the monthly rent is $3,500, your verifiable income should be $10,500 per month to meet the qualification criteria. We require a 700+ credit score to qualify for this home. We eagerly await your response and look forward to hearing from you.
RentalSource last checked: June 7, 2026 · 3:32 PM ET
Last updated: May 9, 2026 at 2:06 PM ET
Managed by: Trautman Property Management · (217) 888-8585 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: House
Rental Fee: $3,500
Bedrooms: 3 beds
Bathrooms: 3 baths
Size: 4,200 sqft
Pet Friendly: No
Has Garage: Yes
ID: 83014470

Property Amenities

•  Balcony/Patio
•  Garage

Additional Details

House for rent in Champaign for $3,500 with 3 beds, 3 baths, 4,200 sqft and located at 503 S State St in Champaign, IL 61821. The rental price of $3,500 is 95.0% ($1,705) higher than the average rent of $1,795 for a 3 bedroom house in Champaign, IL. 503 S State St was advertised by Trautman Property Management on February 6, 2026 at 10:28 AM ET, last updated on May 9, 2026 at 2:06 PM ET and last checked today at 3:32 PM ET.

Affordability Calculator

Can I afford to live at 503 S State St?
Bedrooms
3 bedrooms
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
$140,000 /year
With your chosen rent-to-income ratio, an annual income of $140,000 is recommended to comfortably afford this 3-bedroom rental priced at $3,500 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
House for rent
$3,500
Interested in 503 S State St?
Find out more about this property & see if it's available now.
Property managed by:
Trautman Property Management
(217) 888-8585
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 503 S State St

503 S State St, Champaign, IL 61821 - House for Rent
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