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Rental Market Trends in Champaign, IL

What is the average rent in Champaign, IL?

$1,079/month

Average Rent

655 Sq Ft

Average Apartment Size

+4.9%

Increase in the Last Year

As of September 2025, the average rent in Champaign, IL is $1,079 per month. This is 34% lower than the national average rent of $1,639/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 $842 per month for a studio, $1,079 for a one-bedroom apartment, and around $1,227 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,479 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$842/month
374 Sq Ft
One Bedroom
$1,079/month
655 Sq Ft
Two Bedroom
$1,227/month
960 Sq Ft
Three Bedroom
$1,479/month
1,148 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,234/month
768 Sq Ft
Three Bedroom
$1,735/month
1,198 Sq Ft
Four Bedroom
$2,721/month
1,746 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,419/month
956 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,428/month
797 Sq Ft

How much has average rent changed in Champaign, IL?

In the past year, rent has increased by 4.9%, which averages out to $53 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Champaign, IL
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Champaign, IL
Percentage*
Rent Range
9% Below $700/month
30% $700 - $1,000/month
37% $1,001 - $1,500/month
14% $1,501 - $2,000/month
9% 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, Urbana-Champaign, Hunters Pond and Downtown Champaign are the most affordable neighborhoods in Champaign.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Urbana-Champaign
$1,300/month
671 Sq Ft
Hunters Pond
$1,317/month
752 Sq Ft
Downtown Champaign
$1,386/month
668 Sq Ft
Midtown Champaign
$1,531/month
638 Sq Ft
Campustown IL
$1,584/month
575 Sq Ft

What are the most expensive neighborhoods in Champaign?

Based on current rent prices, Campustown IL, Midtown Champaign and Downtown Champaign are the most expensive neighborhoods in Champaign.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Campustown IL
$1,584/month
575 Sq Ft
Midtown Champaign
$1,531/month
638 Sq Ft
Downtown Champaign
$1,386/month
668 Sq Ft
Hunters Pond
$1,317/month
752 Sq Ft
Urbana-Champaign
$1,300/month
671 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 Midtown Champaign .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Urbana-Champaign
$1,300/month
671 Sq Ft
Downtown Champaign
$1,386/month
668 Sq Ft
Midtown Champaign
$1,531/month
638 Sq Ft
Campustown IL
$1,584/month
575 Sq Ft
Hunters Pond
$1,317/month
752 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 $1,079, you’ll want to make about $3,596 per month or $43,152 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 5.2% lower than the national average. Generally, housing in Champaign is 17.3% less expensive than the national average, with rent falling between $842 - $1,479. You can expect to pay 2.4% less for groceries, 5.9% more for utilities, and 1.5% less for transportation.

City

Champaign, IL

760 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

Urbana-Champaign

Champaign, IL

Campustown IL

Champaign, IL

Studio
-
$1,222/month
One Bedroom
-
$1,063/month
Two Bedroom
-
$1,598/month
Three Bedroom
-
$2,375/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

Legacy 202

Legacy 202

202 E Daniel St,
Champaign, IL 61820

$800 - $1,155

2-4 Beds

Copper View Apartments

Copper View Apartments

2002 W Bradley Ave,
Champaign, IL 61821

$1,244 - $1,494

1-3 Beds

Maywood Apartments

Maywood Apartments

51 E John St,
Champaign, IL 61820

$700 - $929

2-4 Beds

112 E. Green St by Bankier Apartments

112 E. Green St by Bankier Apartments

112 E Green St,
Champaign, IL 61820

$850

2 Beds

Property Management Companies in Champaign, IL

JSJ Property Management Inc
JSJ Property Management Inc
  • 18

    Communities

  • 443

    Units

  • 3

    Cities

16 Communities in Champaign
Fairlawn Real Estate
Fairlawn Real Estate
  • 21

    Communities

  • 3,389

    Units

  • 9

    Cities

7 Communities in Champaign
Regency Properties
Regency Properties
  • 12

    Communities

  • 4,083

    Units

  • 5

    Cities

3 Communities in Champaign
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 160

    Communities

  • 32,928

    Units

  • 85

    Cities

2 Communities in Champaign
Aspen Square Management
Aspen Square Management
  • 62

    Communities

  • 12,344

    Units

  • 47

    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.
  • 21

    Communities

  • 5,048

    Units

  • 18

    Cities

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

    Communities

  • 4,026

    Units

  • 10

    Cities

2 Communities 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity