Onyx Apartments
1321 N Lincoln Ave,
Urbana, IL 61801
2-4 Beds | $655 - $1,905
Rental Market Trends in Urbana, IL
Updated September 2026
The average rent in Urbana, IL is $915/month.
Rent in Urbana is 45% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$915/month
Average Rent
617 Sq Ft
Average Size
+2.6%
Change / Year
517
Available Apartments
Urbana rent varies by unit size and layout:
- Studio apartments in Urbana average $1,231 per month.
- One-bedroom apartments in Urbana average $915 per month.
- Two-bedroom apartments in Urbana average $1,097 per month.
- Three-bedroom apartments in Urbana average $1,307 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Urbana, IL?
In the past year, rent has increased by 2.6%, which averages out to $25 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Urbana, IL
September 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
15%
Below $700/month
45%
$700 - $1,000/month
32%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
3%
Above $2,000/month
What salary do I need to live comfortably in Urbana, IL?
Because the average rent in Urbana is $915, you’ll want to make about $3,050 per month or $36,600 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 Urbana, IL is 2.4% lower than the national average. Generally, housing in Urbana is 9.4% less expensive than the national average, with rent falling between $915 - $1,307. You can expect to pay 2.4% less for groceries, 5.6% more for utilities, and 0.1% less for transportation.
How does Urbana, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Urbana, 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 Urbana Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Urbana?
The average rent in Urbana is $915 per month, which is 45.0% lower than the national average of $1,664.
What is the average rent for a house in Urbana?
The average rent for a house in Urbana, IL is $1,792 per month.
What is the average rent for a condo in Urbana?
The average rent for a condo in Urbana, IL is $1,100 per month.
Are rents going up or down in Urbana?
Rents in Urbana, IL are increasing, with prices up 2.6% year-over-year and $25 more per month.
What rent range is most common in Urbana?
In Urbana, IL, 45% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 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.