Apartments for Rent in Urbana, IL

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What to Know About

Life in Urbana & Beyond

Urbana shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Urbana, IL

As of August 2025, Urbana's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Urbana's average rent is 35.8% ($633) lower than the Illinois average of $1,766 and 36.7% ($657) lower than the U.S. average of $1,790.

Average Rent
$1,133
Monthly ChangeMonth Over Month Change
Increased1.9% ($21)
Yearly ChangeYear Over Year Change
Increased5.4% ($58)
Avg. Days on MarketAverage Days on Market
50
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $958 Decreased0.6% ($6) Increased2.8% ($26)
2 Beds $1,128 Increased0.5% ($6) Increased2.3% ($25)
3 Beds $1,353 Increased1.4% ($19) Increased9.5% ($117)
Nearby Cities Average Rent Avg. Rent vs. UrbanaAverage Rent vs. Urbana Avg. Days on MarketAverage Days on Market
Champaign $1,346 Increased18.8% ($213) 50 days
Savoy $1,325 Increased16.9% ($192) 49 days
Rantoul $821 Decreased27.5% ($312) 47 days
Mahomet $1,836 Increased62% ($703) 48 days
White Heath $844 Decreased25.5% ($289) 40 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Urbana Rental Market FAQs

Explore rental prices, market trends, and availability in Urbana, IL.

The average rent in Urbana, IL is $1,133 per month.
Apartments in Urbana typically rent for between $671 and $1,759 per month, with an average of $1,133 per month.
In Urbana, the average rent for a 1-bedroom apartment is $958 per month, for a 2-bedroom apartment, $1,128 per month, and a 3-bedroom apartment is $1,353 per month.
The average rent in Urbana is 36.7% ($657) lower than the national average of $1,790 per month.
The average rent in Urbana has increased by 1.9% ($21) in the last month and increased by 5.4% ($58) over the past year.
The rental market in Urbana, IL, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Urbana, IL, the average rental stays on the market for approximately 50 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 55 rental properties available in Urbana, IL.
Based on the current averages, a household would need an annual income of $45,120 to comfortably afford a 2-bedroom apartment in Urbana.
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