Legacy202
202 E Daniel St,
Champaign, IL 61820
$1,045 - $1,975
1-4 Beds
Rental Market Trends in Champaign, IL
What is the average rent in Champaign, IL?
$1,085/month
Average Rent
656 Sq Ft
Average Apartment Size
+3.2%
Increase in the Last Year
As of January 2026, the average rent in Champaign, IL is $1,085 per month. This is 33% lower than the national average rent of $1,624/month, making renting in Champaign more affordable than most cities in the US. When you rent an apartment in Champaign, you can expect to pay about $873 per month for a studio, $1,085 for a one-bedroom apartment, and around $1,261 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,520 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Champaign, IL?
In the past year, rent has increased by 3.2%, which averages out to $35 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Champaign, IL
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
31%
$700 - $1,000/month
36%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Champaign?
Based on current rent prices, Hunters Pond, Urbana-Champaign and The Flats at Legends Golf Club are the most affordable neighborhoods in Champaign.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Champaign?
Based on current rent prices, Campustown IL, Fairland Place and Midtown Champaign are the most expensive neighborhoods in Champaign.
Neighborhood
Average Rent
Average Sq Ft
Which Champaign neighborhoods have the most rentals available?
The neighborhoods in Champaign with the most apartments available are Urbana-Champaign, Downtown Champaign and Campustown IL .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Champaign, IL?
Because the average rent in Champaign is $1,085, you’ll want to make about $3,616 per month or $43,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Champaign, IL is 2.7% lower than the national average. Generally, housing in Champaign is 10.5% less expensive than the national average, with rent falling between $873 - $1,520. You can expect to pay 2.1% less for groceries, 5.4% more for utilities, and 1.4% more for transportation.
How does Champaign, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Champaign, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,256/month
One Bedroom
-
$1,091/month
Two Bedroom
-
$1,671/month
Three Bedroom
-
$2,478/month
Nearby City Rent Trends
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JSJ Property Management Inc
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Regency Properties
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Aspen Square Management
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Yugo
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53
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11,263
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Everest Equities Group
-
35
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3,259
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29
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GMH Associates, Inc.
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22
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19
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M2 Property Group
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.
* Percentages may not total 100 due to rounding.