Champaign-Urbana
Illinois · Ranked #81 of 373 metros
87Affordable
💡
Housing in Champaign-Urbana costs 3.34× the median income, below the national average of 4.5×. The median home price is $207K and median rent is $982/month. Champaign-Urbana ranks #81 of 373 metros for affordability.
Median Home Price
🏠$207K
Need $61K income
Median Rent
🔑$982
Need $39K income
Building Permits
🔨611
annual
Median Income
💰$62K
Pop: 258,579
Rent Burden
⚠️25.5%
of renters paying >30%
Homeownership
🏡57.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Champaign-Urbana | National |
|---|---|---|
| Price-to-Income Ratio | 3.34x | 6.1x |
| Rent Burden | 25.5% | 31.5% |
| Homeownership Rate | 57.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$941/mo
1 Bedroom$946/mo
2 Bedroom$1,122/mo
3 Bedroom$1,436/mo
4 Bedroom$1,486/mo
Zillow Market Data
Home Value (ZHVI)
$226K
1yr: +6.7%5yr: +36.8%
Rent (ZORI)
$1,306/mo
1yr: +5.0%5yr: +38.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$152K
Active Inventory
37
Days on Market
56
Sold Above List
20.0%
Price Drops
16.2%