Average Rent in Urbana, IL

Urbana rentals average $0 for a 4-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $254 (54.40%) year-over-year from $466 to $720. 1-bedroom rentals prices have increased by $101 (14.74%) year-over-year from $684 to $785. 2-bedroom rentals prices have increased by $128 (14.27%) year-over-year from $895 to $1,023. 3-bedroom rentals prices have increased by $653 (53.04%) year-over-year from $1,232 to $1,885. 4-bedroom rentals prices have increased by $774 (61.52%) year-over-year from $1,258 to $2,033. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 3.10% this month. 1-bedroom rents have gone down by 6.40% this month. 2-bedroom rents have gone up by 5.05% this month. 3-bedroom rents have gone up by 28.60% this month. 4-bedroom rents have gone up by 2.78% this month.