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Rental Market Trends in Champaign, IL

What is the average rent in Champaign, IL?

$1,081/month

Average Rent

654 Sq Ft

Average Apartment Size

+4.4%

Increase in the Last Year

As of December 2025, the average rent in Champaign, IL is $1,081 per month. This is 34% lower than the national average rent of $1,631/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 $863 per month for a studio, $1,081 for a one-bedroom apartment, and around $1,252 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,483 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$863/month
374 Sq Ft
One Bedroom
$1,081/month
654 Sq Ft
Two Bedroom
$1,252/month
962 Sq Ft
Three Bedroom
$1,483/month
1,147 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,408/month
965 Sq Ft
Three Bedroom
$1,671/month
1,226 Sq Ft
Four Bedroom
$2,539/month
1,351 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,200/month
817 Sq Ft
Three Bedroom
$2,507/month
1,801 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,102/month
1,530 Sq Ft

How much has average rent changed in Champaign, IL?

In the past year, rent has increased by 4.4%, which averages out to $48 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Champaign, IL
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Champaign, IL
Percentage*
Rent Range
7% Below $700/month
32% $700 - $1,000/month
35% $1,001 - $1,500/month
18% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Champaign?

Based on current rent prices, Hunters Pond, Urbana-Champaign and Downtown Champaign are the most affordable neighborhoods in Champaign.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Pond
$1,314/month
757 Sq Ft
Urbana-Champaign
$1,327/month
674 Sq Ft
Downtown Champaign
$1,517/month
648 Sq Ft
Midtown Champaign
$1,599/month
617 Sq Ft
The Flats at Legends Golf Club
$1,624/month
797 Sq Ft
Campustown IL
$1,782/month
562 Sq Ft

What are the most expensive neighborhoods in Champaign?

Based on current rent prices, Campustown IL, The Flats at Legends Golf Club and Midtown Champaign are the most expensive neighborhoods in Champaign.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Campustown IL
$1,782/month
562 Sq Ft
The Flats at Legends Golf Club
$1,624/month
797 Sq Ft
Midtown Champaign
$1,599/month
617 Sq Ft
Downtown Champaign
$1,517/month
648 Sq Ft
Urbana-Champaign
$1,327/month
674 Sq Ft
Hunters Pond
$1,314/month
757 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Urbana-Champaign
$1,327/month
674 Sq Ft
Downtown Champaign
$1,517/month
648 Sq Ft
Campustown IL
$1,782/month
562 Sq Ft
Midtown Champaign
$1,599/month
617 Sq Ft
Hunters Pond
$1,314/month
757 Sq Ft
The Flats at Legends Golf Club
$1,624/month
797 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Champaign, IL?

Because the average rent in Champaign is $1,081, you’ll want to make about $3,603 per month or $43,236 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 3.7% lower than the national average. Generally, housing in Champaign is 13.1% less expensive than the national average, with rent falling between $863 - $1,483. You can expect to pay 2.1% less for groceries, 5.9% more for utilities, and 0.0% less for transportation.

City

Champaign, IL

966 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Champaign, IL

Apartment Averages

Hunters Pond

Champaign, IL

Campustown IL

Champaign, IL

Studio
-
$1,256/month
One Bedroom
-
$1,089/month
Two Bedroom
-
$1,669/month
Three Bedroom
-
$2,478/month
Search
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Nearby City Rent Trends

  • Savoy Average Rent
  • Urbana Average Rent
  • Rantoul Average Rent

Apartment communities in Champaign we think you'll love

Legacy202

Legacy202

202 E Daniel St,
Champaign, IL 61820

$1,045 - $1,995

1-4 Beds

Lancaster Apartments

Lancaster Apartments

112 E Chalmers St,
Champaign, IL 61820

$895

3-4 Beds

Maywood Apartments

Maywood Apartments

51 E John St,
Champaign, IL 61820

$965 - $995

2-4 Beds

202 E. Green St by Bankier Apartments

202 E. Green St by Bankier Apartments

202 E Green St,
Champaign, IL 61820

$90 - $1,660

1-4 Beds

Property Management Companies in Champaign, IL

JSJ Property Management Inc
JSJ Property Management Inc
  • 17

    Communities

  • 428

    Units

  • 3

    Cities

15 Communities in Champaign
Fairlawn Real Estate
Fairlawn Real Estate
  • 20

    Communities

  • 3,410

    Units

  • 11

    Cities

5 Communities in Champaign
Regency Properties
Regency Properties
  • 12

    Communities

  • 4,083

    Units

  • 5

    Cities

3 Communities in Champaign
Aspen Square Management
Aspen Square Management
  • 61

    Communities

  • 12,210

    Units

  • 46

    Cities

2 Communities in Champaign
Everest Equities Group
Everest Equities Group
  • 34

    Communities

  • 3,142

    Units

  • 29

    Cities

2 Communities in Champaign
GMH Associates, Inc.
GMH Associates, Inc.
  • 20

    Communities

  • 4,942

    Units

  • 17

    Cities

2 Communities in Champaign
M2 Property Group
M2 Property Group
  • 16

    Communities

  • 3,988

    Units

  • 10

    Cities

2 Communities in Champaign
Edward Rose & Sons
Edward Rose & Sons
  • 141

    Communities

  • 71,312

    Units

  • 85

    Cities

1 Community in Champaign

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United States Illinois Champaign Rental Trends

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.

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Equal Housing Opportunity