Luxury Apartments in Champaign, IL

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1 of 13 Results
25
3D Tour
$2,250 - 3,150
Skyline Tower
Deal
3.7
519 E Green Champaign, IL
2 - 3 BR | Aug. 20, 2023
Heat Included
Furnished
Student
Virtual Tour
Covered Parking
30
$1,016 - 1,559
Hunters Pond Apartment Homes
2.8
2717 Hunters Pond Run Champaign, IL
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
28
$1 - 1,899
PER
ROOM
Latitude
Deal
3.4
608 E University Ave Champaign, IL
1 - 4 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
10
$785 - 960
PER ROOM
& UNIT
53 E Chalmers
Deal
Champaign, IL
1 - 2 BR | Available Now
Furnished
Student
Air Conditioning
Covered Parking
In Unit Laundry
34
$2,000 - 2,650
301 S Water St
Champaign, IL
4 BR | Available Now
Student
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
28
$840 - 1,379
PER BED,
ROOM & UNIT
Latitude
Deal
3.4
201 E. Green St. Champaign, IL
1 - 4 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
31
$750 - 1,525
PER BED
& ROOM
606 White
606 E White St Champaign, IL
1 - 3 BR | Available Now
Furnished
Student
Virtual Tour
Covered Parking
In Unit Laundry
16
$1,069 - 1,339
Nantucket Cove
2.5
2001 Moreland Boulevard Champaign, IL
2 - 4 BR | Available Now
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Surface Parking
13
$855 - 2,280
Campus Center
5.0
601 S 6th St Champaign, IL
1 - 3 BR | Available Now
In Unit Laundry
Dishwasher
18
$1,500 - 1,999
204 S. Fifth St
2.9
Champaign, IL
2 - 3 BR | Available Now
Heat Included
Furnished
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
12
$1,500 - 1,999
314 E White
2.9
Champaign, IL
2 - 3 BR | Available Now
Furnished
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
21
3D Tour
$760 - 810
PER
ROOM
314 Clark
314 E Clark St. Champaign, IL
2 - 3 BR | Available Now
Furnished
Student
Virtual Tour
Covered Parking
In Unit Laundry
10
3D Tour
$950 - 1,100
Avenue Apartments
4.8
401 East University Champaign, IL
1 BR | Available Now
Student
Virtual Tour
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
1 - 13 of 13 Results
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How much does it cost to rent a luxury apartment in Champaign?

luxury apartments
Bed Type Average Rent Range
1BR $1,040 $890 - $1,380
2BR $1,290 $1,070 - $2,250
3BR $1,900 $1,180 - $3,150
4+BR $2,060 $1,320 - $2,650
Champaign Apartments
Bed Type Average Rent Range
Studio $750 $460 - $1,400
1BR $900 $530 - $1,360
2BR $1,050 $700 - $1,800
3BR $1,290 $1,010 - $2,380
4+BR $1,410 $850 - $3,210
Champaign Luxury Apartments vs. Champaign Average

Champaign:
February Rent Report

Welcome to the February 2023 Champaign Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2023 key findings and figures for the Champaign rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Champaign and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Champaign average rent prices in the chart below.

Monthly Rent Report

Champaign Rent Prices Increase From January to February

Champaign rent prices increased over the last month. From January to February, the city experienced a 0.83% increase for the price of a one-bedroom apartment. The rent price for a Champaign one-bedroom apartments currently stands at $846.0.

When we take a look at the two-bedroom comparison from January to February, Champaign experienced a -1.09% decrease for the price of a two-bedroom apartment. The rent price for a Champaign two-bedroom apartments currently stands at $1,185.0.

February Prices: Champaign vs. Surrounding Areas

Rent Prices in Champaign and Surrounding Areas

Rent prices have increased in Champaign over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Champaign suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Urbana, IL, Rantoul, IL, Savoy, IL .

  • Rents did not decrease in any of the Champaign suburbs.

  • 1 suburb is currently priced higher than the city of Champaign.

  • 2 suburbs are currently priced lower than the city of Champaign.

February 2023 Pricing Trends: Champaign vs. National Comparisons

Champaign Rent Prices More Affordable Than Major Cities

Rent growth in Champaign over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Champaign average rent prices appear to be relatively affordable for local residents.

The price for a Champaign one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Champaign and surrounding area rent prices, take a look at the complete data set below.

Data set for Champaign and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change
Champaign, IL $839.0 0.72% $1,198.0 -1.40%
Urbana, IL $703.0 0.86% $935.0 -1.79%
Rantoul, IL $645.0 0.78% $731.0 0.55%
Savoy, IL $891.0 3.13% $1,221.0 2.01%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.