Cheap Apartments for Rent in Urbana, IL
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Average Rent Trends in Urbana, IL
Rent in Urbana, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,240 |
| Oct 2025 | $1,395 |
| Nov 2025 | $1,250 |
| Dec 2025 | $1,195 |
| Jan 2026 | $1,075 |
| Feb 2026 | $1,095 |
| Mar 2026 | $1,250 |
| Apr 2026 | $1,300 |
| May 2026 | $1,300 |
| Jun 2026 | $1,295 |
| Jul 2026 | $1,290 |
| Aug 2026 | $1,299 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $925 | $1,100 | $1,580 | $1,950 | $1,300 |
| Townhomes | — | $1,350 | $1,580 | — | $1,580 |
| Apartments and Condos | $925 | $1,100 | $1,800 | $600 | $1,025 |
| Houses | $750 | $1,300 | $1,850 | $2,350 | $1,600 |
Frequently Asked Questions about Rentals in Urbana, IL
- What is the average rent of an apartment in Urbana, IL?The average rent of an apartment in Urbana, IL is $1,038 per month. This is about 47% lower than the national average.
- When is the average rent cheapest in Urbana, IL?In the last year, the average rent in Urbana, IL was lowest in Feb 2025 when it was $950 per month.
- When is the average rent most expensive in Urbana, IL?In the last year, the average rent in Urbana, IL was highest in Oct 2025 when it was $1,395 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Urbana, IL?The average rent of a 1 bedroom apartment in Urbana, IL is $925 per month. That is about $250 more than the cost of a studio apartment.
- How many available rental listings are in Urbana, IL?There are 110 available rental listings in Urbana, IL.
- What are some neighborhoods in Urbana, IL?Some neighborhoods in Urbana, IL include: Downtown.
- What are some zip codes in Urbana, IL?
- What are some cities near Urbana, IL?Some nearby cities include: Saint Joseph, Savoy, Champaign, Thomasboro, Sidney. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Urbana, IL - 192 Rentas | Trulia