The rental market in Urbana, IL is an attractive one for renters looking for affordable housing and a vibrant community. Urbana is a bustling college town, home to the University of Illinois at Urbana-Champaign, and offers a wide range of rental options for students and young professionals alike.
The best neighborhoods for renters in Urbana are generally considered to be the Campus Area, the North Prospect area, and the West Urbana area. These neighborhoods offer close proximity to the university and downtown Urbana, as well as a variety of amenities and attractions. The average rent for a one-bedroom apartment in these areas is approximately $700 per month, with two-bedrooms averaging $850.
When it comes to schools, Urbana is served by Unit 4 School District, which includes four elementary schools, two middle schools, and two high schools. The district has a long-standing reputation for excellence, and consistently ranks among the top performing schools in the state.
Crime is relatively low in Urbana, with the city reporting a total of just 7 violent and property crimes per 1,000 people in 2019. This is significantly lower than the national average of 22 violent and property crimes per
The average rental prices for different types of housing in Urbana, IL vary depending on the size and location of the property. Generally, the average rental price for an apartment is around $795, a townhouse is around $910, a condo is around $1,025, a loft is around $1,220, and a single family home is around $1,350.
Over the last five years, rental prices in Urbana, IL have steadily increased. According to Rent Jungle, the median rent for a one-bedroom apartment was $726 in 2015, $795 in 2016, $845 in 2017, $890 in 2018, and $935 in 2019. This translates to a total increase of 28.2% over the five-year period.
The median rental price for 1-bedroom apartments in Urbana, IL is $800, for 2-bedroom apartments it is $1,000, and for 3-bedroom apartments it is $1,200.
Urbana, IL is home to the Urbana School District, which is comprised of fourteen schools, including seven elementary schools, three middle schools, two high schools, and a gifted program. The district serves over 7,000 students and is one of the top-performing school districts in the state. In terms of overall student performance, Urbana schools rank above the national average in both reading and math proficiency. The district also stands out for its commitment to equity and its focus on helping students succeed, regardless of their background or socio-economic status. Additionally, the district has been recognized for its efforts in providing access to technology and promoting a safe and supportive learning environment.
1. University of Illinois campus
2. Downtown Urbana
3. West Urbana
4. South Urbana
5. North Prospect Avenue
1. University Heights
2. Carle Park
3. Meadowbrook
4. Stone Creek
5. Country Fair