Newer buildings located within walking distance of downtown Urbana. Lots of closet/storage space and large bathroom. Ceiling fans and individual temperature control in each room. In-expensive parking with Laundry facilities on-site. For more information please call the Michigan East office at (217) 344-4145.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 406 E Elm / 201 S Grove by bedroom type below.
1 Bedroom
Suggested income:
$19,800
per year
Rent report
406 E Elm / 201 S Grove Rent vs. Urbana Average
406 E Elm / 201 S Grove
Urbana Average
1BR
$550
$809
$0
$300
$600
$900
$1,200
406 E Elm / 201 S Grove is asking 32%
less than the average 1 bedroom apartment in
Urbana.
If you upsized to an average priced Urbana 2 bedroom apartment, you would pay
26% more per month.
If you downsized to an average priced Urbana studio apartment,
you would pay 4% more per month.
406 E Elm / 201 S Grove provides 11%
less square footage than the average
Urbana 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
406 E Elm / 201 S Grove
1BR
$550
$1.10
$1,650
Urbana Average
Studio
$843
$1.70
$2,529
1BR
$809
$1.40
$2,426
2BR
$1,092
$1.30
$3,277
3BR
$1,258
$1.10
$3,775
4BR
$1,585
$1.20
$4,755
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 114 2BR
units on the market in Urbana. If you're looking to negotiate, this may be your best option.