Home / Champaign, IL Area Apartments / Urbana / 1506 Philo Rd

Updated 1 hour ago

1506 Philo Rd

Urbana, IL

2 Bed

•

1 Bath

•

850 Sq. Ft.

•

Available starting Jun. 15^th

Floor plans

1 beds (0)

1 Bed • 1 Bath

$1,100

Size: N/A

0 Available

Managed By: Trautman Property Management, LLC

-

$1,100

Rented

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2 beds (1)

2 Beds • 1 Bath

$1,165

850 ft²

1 Available

Managed By: JSJ Property Management, Inc.

A

$1,165

Available Jun 15^th, 2026

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Where you'll live

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Fees & leasing info

Lease & Fees

Security Deposit: $1,165

Property details

Additional Details

Total Unit Count: 2

Last Updated: Updated 1 hour ago

Contact Number: (217) 352-5509

$1,165

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Affordability

To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.

View suggested annual incomes for 1506 Philo Rd by bedroom type below.

2 Bedroom

Suggested income:

$41,900

per year

Rent report

1506 Philo Rd Rent vs. Urbana Average

1506 Philo Rd Urbana Average

2BR

$1,165

$1,129

$0

$400

$800

$1,200

$1,600

1506 Philo Rd is asking 3% more than the average 2 bedroom apartment in Urbana.

If you upsized to an average priced Urbana 3 bedroom apartment, you would pay 6% more per month.

If you downsized to an average priced Urbana 1 bedroom apartment, you would pay 33% less per month.

1506 Philo Rd provides 3% less square footage than the average Urbana 2 bedroom apartment.

	Monthly Rent	Rent per Sq. Ft.	Suggested Monthly Income
1506 Philo Rd
2BR	$1,165	$1.40	$3,495
Urbana Average
Studio	$940	$1.80	$2,820
1BR	$850	$1.50	$2,549
2BR	$1,129	$1.30	$3,387
3BR	$1,201	$1.10	$3,602
4BR	$1,501	$1.10	$4,502

Availability in Urbana

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 134 2BR units on the market in Urbana. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Urbana
Studio	20
1BR	71
2BR	134
3BR	42
4BR	62

Location

Nearby Colleges

University of Illinois at Urbana-Champaign

Parkland College

Campus Buildings and Attractions

	Distance	Walking	Biking	Driving
Campus Recreation Center	2.0 mi	38 min	12 min	5 min

Nearby Hospitals

Name Distance

The Carle Foundation Hospital 1.77 mi.

Osf Healthcare System Heart Of Mary Medical Center 2.32 mi.

The Pavilion Foundation 3.76 mi.

Nearby Fire Stations

Name Distance

Harmon Fire Department 0.94 mi.

Urbana Fire Department 1.04 mi.

Edge Scott Fire Protection District 1.22 mi.

FAQs

Is this property currently leasing units?

Yes, there is 1 unit available at this property.

How many units are move-in ready in the next 2 months?

This property has 1 unit available for move-in on June 15, 2026.

What's the square footage of the available units?

It's 850 square feet.

Does this property allow cats or dogs?

The property manager did not submit a pet policy with this listing.

How many bedrooms are in the available units?

There are 2 bedroom units available.

How many bathrooms are in the available units?

There are 1 bathroom units available.

What's the monthly rent at this property?

1506 Philo Rd has a 2 bedroom unit starting at $1,165.

Where is this property located?

This property is at 1506 Philo Rd in Urbana, IL. It's 0.9 miles southeast from the center of Urbana.

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