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Urbana, IL rent trends

Rental prices in Urbana, IL have increased by 11.18% over the past year. The average rent moved from $1,614 to $1,794.

Check out the average rent prices in Urbana by neighborhood.

Compared to the average rent in the U.S. of $1,741, the rent in Urbana, IL is $1,794 per month.

Average rent in Urbana, IL

$1,794/mo Urbana, IL average rental price, January 2026
Image Average Rent

Apartments for rent in Urbana, IL have an average price of $1,794 per month.

    What's the typical rent budget in Urbana, IL?

    About 26% of apartments in Urbana, IL have rents ranging between $2,001-$2,500. The most common rent value is the $2,501-$3,000 price range, 7% of apartments. Around 46% of Urbana’s apartments are in the $1,501-$2,000 price range. 21% of apartments are priced $1,001-$1,500.

    The largest share of rentals in Urbana, IL (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Urbana, IL

    48 /100
    Car-Dependent
    68 /100
    Good Transit
    61 /100
    Bikeable
    Walk Score®: 48, Transit Score®: 68, Bike Score®: 61

    Frequently asked questions

    What are the advantages of renting a 3 bedroom apartment in Urbana, IL?

    Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

    What are the downsides of renting a 3 bedroom apartment in Urbana, IL?

    A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.