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Rental Market Trends in Champaign, IL

Updated July 2026

The average rent in Champaign, IL is $1,099/month.

Rent in Champaign is 34% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,099/month

Average Rent

661 Sq Ft

Average Size

+1.4%

Change / Year

990

Available Apartments

Champaign rent varies by unit size and layout:

  • Studio apartments in Champaign average $912 per month.
  • One-bedroom apartments in Champaign average $1,099 per month.
  • Two-bedroom apartments in Champaign average $1,288 per month.
  • Three-bedroom apartments in Champaign average $1,540 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$912/month
402 Sq Ft
One Bedroom
$1,099/month
661 Sq Ft
Two Bedroom
$1,288/month
969 Sq Ft
Three Bedroom
$1,540/month
1,115 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,349/month
701 Sq Ft
Three Bedroom
$2,092/month
1,408 Sq Ft
Four Bedroom
$2,502/month
1,789 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,062/month
205 Sq Ft
Two Bedroom
$1,099/month
313 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,070/month
1,330 Sq Ft
View Champaign Apartments

How much has average rent changed in Champaign, IL?

In the past year, rent has increased by 1.4%, which averages out to $16 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Champaign, IL

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Champaign, IL
Percentage*
Rent Range
6% Below $700/month
29% $700 - $1,000/month
37% $1,001 - $1,500/month
18% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Champaign?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Urbana-Champaign
$1,320/month
649 Sq Ft
Downtown Champaign
$1,545/month
628 Sq Ft
Midtown Champaign
$1,727/month
637 Sq Ft
Campustown IL
$1,858/month
579 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
$1,858/month
579 Sq Ft
Midtown Champaign
$1,727/month
637 Sq Ft
Downtown Champaign
$1,545/month
628 Sq Ft
Urbana-Champaign
$1,320/month
649 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
$1,320/month
649 Sq Ft
Downtown Champaign
$1,545/month
628 Sq Ft
Campustown IL
$1,858/month
579 Sq Ft
Midtown Champaign
$1,727/month
637 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 $1,099, you’ll want to make about $3,663 per month or $43,956 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 2.4% lower than the national average. Generally, housing in Champaign is 9.4% less expensive than the national average, with rent falling between $912 - $1,540. You can expect to pay 2.4% less for groceries, 5.6% more for utilities, and 0.1% less for transportation.

City

Champaign, IL

990 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.

View the Champaign Area Guide

Apartment Averages

Urbana-Champaign

Champaign, IL

Campustown IL

Champaign, IL

Studio
-
-
One Bedroom
-
$1,113/month
Two Bedroom
-
$1,641/month
Three Bedroom
-
$2,341/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Urbana

    Urbana

Apartment Communities in Champaign We Think You'll Love

Legacy202

Legacy202

202 E Daniel St,
Champaign, IL 61820

1-4 Beds | $895 - $1,975

Maywood Apartments

Maywood Apartments

51 E John St,
Champaign, IL 61820

2-4 Beds | $899 - $995

The Linc Apartments

The Linc Apartments

1601 N Lincoln Ave,
Urbana, IL 61801

3-4 Beds | $580 - $2,700

202 E. Green St by Bankier Apartments

202 E. Green St by Bankier Apartments

202 E Green St,
Champaign, IL 61820

4 Beds | $775

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Frequently Asked Questions

What is the average rent in Champaign?

The average rent in Champaign is $1,099 per month, which is 33.9% lower than the national average of $1,662.

What is the average rent for a house in Champaign?

The average rent for a house in Champaign, IL is $2,092 per month.

What is the average rent for a condo in Champaign?

The average rent for a condo in Champaign, IL is $1,062 per month.

Are rents going up or down in Champaign?

Rents in Champaign, IL are increasing, with prices up 1.4% year-over-year and $16 more per month.

What rent range is most common in Champaign?

In Champaign, IL, 37% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity