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Urbana, IL

Full City Profile · Illinois · Champaign County County

3.4 /5.0
B Good
38,447 Population 3,247/sq mi density
$45,854 Median Income $31,936 per capita
$186,300 Home Value $196,716 Zillow
$951 Median Rent 34.6% income on rent
52°F Avg Temperature 275 sunny days/yr
295 Violent Crime/100K 2,590 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$45,854 median income, 3.4% unemployment
A
Affordability
4.4 / 5.0
$186,300 home value, $951/mo rent
F
Safety
1.0 / 5.0
295 violent crimes/100K
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher

Housing Overview

Median Home Value
$186,300
34% below
US avg: $281,900
Median Rent
$951/mo
18% below
US avg: $1,163/mo
Homeownership Rate
34.7%
47% below US avg (65.4%)
Total Housing Units
18,920
Median year built: 1979

Home Value by Source

Census Median
$186,300
Zillow (ZHVI)
$196,716
Median Sale Price
$225,000
Median List Price
$274,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

34.7%
Owner-Occupied
65.3%
Renter-Occupied
35%
65%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $951/mo · Zillow rent: $1,411/mo

Market Indicators (Redfin)

Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
9.2%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
76
homes for sale

Affordability & Housing Stock

Rent Burden
34.6%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
34.7%

Complete Housing Data

Home Values

Census Median Value$186,300
Zillow Home Value (ZHVI)$196,716
Median Sale Price$225,000
Median List Price$274,500
Price Per Sq Ft$155

Rent

Census Median Rent$951
Zillow Rent (ZORI)$1,411
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market79
Sale-to-List Ratio1.0%
Price Drops9.2%
Homes Sold31
Active Inventory76
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied34.7%
Renter-Occupied65.3%
Homeownership Rate34.7%
Total Housing Units18,920
Median Year Built1979
Rent Burden34.6%