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Home / Champaign, IL Area Apartments / Urbana / 505 E Elm
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Updated 5 minutes ago

505 E Elm


Urbana, IL

1 Bed
•
1 Bath

680 - 800 Sq. Ft.

Available starting Jul. 25th
Floor plans
1 Bed • 1 Bath
$1,400
755 ft2
3 Available
Managed By: Sharp Pads
Unit 103
$1,400
Available Jul 25th, 2027
View
Unit 203
$1,400
Available Jul 25th, 2027
View
Unit 303
$1,400
Available Jul 25th, 2027
View
1 Bed • 1 Bath
$1,400
700 ft2
3 Available
Managed By: Sharp Pads
Unit 104
$1,400
Available Jul 25th, 2027
View
Unit 204
$1,400
Available Jul 25th, 2027
View
Unit 304
$1,400
Available Jul 25th, 2027
View
1 Bed • 1 Bath
$1,475
685 ft2
3 Available
Managed By: Sharp Pads
Unit 306
$1,475
Available Jul 25th, 2027
View
Unit 206
$1,475
Available Jul 25th, 2027
View
Unit 106
$1,475
Available Jul 25th, 2027
View
1 Bed • 1 Bath
$1,475
680 ft2
2 Available
Managed By: Sharp Pads
Unit 305
$1,475
Available Jul 25th, 2027
View
Unit 205
$1,475
Available Jul 25th, 2027
View
1 Bed • 1 Bath
$1,475
800 ft2
4 Available
Managed By: Sharp Pads
Unit 302
$1,475
Available Jul 25th, 2027
View
Unit 301
$1,475
Available Jul 25th, 2027
View
Unit 202
$1,475
Available Jul 25th, 2027
View
Unit 201
$1,475
Available Jul 25th, 2027
View
View More
4 Beds • 3 Bath
$1,100
1443 ft2
0 Available
Managed By: The Weiner Companies, Ltd.
505 E. Elm
$1,100
Rented
View
Where you'll live
Street View
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Satellite View
505 E Elm
505 E Elm
505 E Elm
Amenities
High / Vaulted Ceiling
Stainless Appliances
Quartz Countertops
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $1,000
Property details
Description

Discover 505 East Elm in Urbana, IL — Ready for occupancy August 2027. Reserve you new apartment now! These are thoughtfully designed apartments featuring large square footage and open-concept layouts that showcase high ceilings and expansive windows. Each unit includes in-unit washer and dryer, stainless steel appliances, quartz countertops, and luxury vinyl plank flooring. Secured entry adds an extra level of convenience and peace of mind. These residences combine modern finishes with generous living space for comfortable, contemporary living. This is walking distance to downtown Urbana restaurants, coffee shop and shopping. Ask about our Pet Policy. No Smoking

Additional Details
Total Unit Count: 18
Last Updated: Updated 5 minutes ago
Contact Number: (217) 649-0957
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Seaport/CWB iTV-3 Holdco, LLC 1000.0 200.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 3.0 0.384
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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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 505 E Elm by bedroom type below.
1 Bedroom
Suggested income:
$52,200
per year
Rent report

505 E Elm Rent vs. Urbana Average

 505 E Elm      Urbana Average
1BR
$1,450
$883
$0
$500
$1,000
$1,500
$2,000

505 E Elm is asking 64% more than the average 1 bedroom apartment in Urbana.

If you upsized to an average priced Urbana 2 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Urbana studio apartment, you would pay 4% more per month.

505 E Elm provides 29% more square footage than the average Urbana 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
505 E Elm
1BR $1,450 $2.00 $4,350
Urbana Average
Studio $919 $1.70 $2,758
1BR $883 $1.60 $2,648
2BR $1,134 $1.30 $3,402
3BR $1,294 $1.00 $3,881
4BR $1,580 $1.20 $4,741

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 90 2BR units on the market in Urbana. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 25% 33% 16% 20%
Available Units in Urbana
Studio 14
1BR 68
2BR 90
3BR 44
4BR 56
Location
Nearby Colleges

University of Illinois at Urbana-Champaign

Parkland College

FAQs
Is this property currently leasing units?
Yes. There are 18 available units at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on July 25, 2027.
What's the square footage of the available units?
The available units range from 680 to 800 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 505 E Elm in Urbana, IL. It's 0.1 miles northwest from the center of Urbana.
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