Rent in Champaign, IL
Across Champaign's 6 ZIP codes, a 2-bedroom typically rents for about $1,173 a month, with figures from $1,062–$1,386. The highest typical rent is in 61822 ($1,386) and the lowest in 61821 ($1,062). 3 ZIPs have ZIP-level figures from HUD or Census; the other 3 use the county Fair Market Rent. Owner-occupied homes in Champaign County pay about 2.06% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $983 | $715–$1,030 | 6 |
| 1 bed | $996 | $790–$1,093 | 6 |
| 2 beds | $1,173 | $1,062–$1,386 | 6 |
| 3 beds | $1,466 | $1,282–$1,474 | 6 |
| 4 beds | $1,542 | $1,052–$1,939 | 6 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Champaign ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Champaign, IL?
- About $1,173 a month: the median of the typical rents in 6 ZIP codes, which range from $1,062–$1,386. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Champaign, IL?
- About $996 a month: the median of the typical rents in 6 ZIP codes, which range from $790–$1,093. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Champaign, IL?
- About $1,466 a month: the median of the typical rents in 6 ZIP codes, which range from $1,282–$1,474. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Champaign, IL?
- About $983 a month: the median of the typical rents in 6 ZIP codes, which range from $715–$1,030. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Champaign, IL?
- About $1,542 a month: the median of the typical rents in 6 ZIP codes, which range from $1,052–$1,939. Figures are gross rent (rent plus tenant-paid utilities).
- Which Champaign ZIP code has the highest rent?
- For a 2-bedroom, 61822 has the highest typical rent at $1,386 a month, and 61821 the lowest at $1,062.
- What is the property tax rate in Champaign, IL?
- Owner-occupied homes in Champaign County pay a typical 2.06% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Champaign rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).