Rental Market Trends in Urbana, IL

The average rent in Urbana, IL is around $613 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Urbana, IL.

Currently, there are 24 rental properties available in Urbana, IL. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Urbana, IL, you have plenty of choices to explore!

If you're looking for budget-friendly neighborhoods in Urbana, IL, consider these options:

• West Garfield Park: Average rent is $1035 per month.
• North Lawndale: Average rent is $1014 per month.
• Avalon Park: Average rent is $1000 per month.
• Lower West Side: Average rent is $1000 per month.
• Mount Greenwood: Average rent is $1000 per month.
• West Englewood: Average rent is $1000 per month.

The most expensive neighborhoods in Urbana, IL are:

• Lower West Side: Average rent is $1000 per month.
• Middlebury: Average rent is $650 per month.
• Norridge: Average rent is $850 per month.
• Brighton Park: Average rent is $891 per month.
• Grand Boulevard: Average rent is $936 per month.
• North Lawndale: Average rent is $1014 per month.

Over the past year, the average rent in Urbana, IL have increased by approximately 0%, which translates to $51 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

The Average rent price in Urbana, IL for June 2025 is $613, which is $39 less than in May.